BSUS Congratulates KSA on Saudi National Day 2023

Saudi Arabia and Italy strengthen ties with 26 economic agreements

Saudi Arabia and Italy have signed 26 memoranda of understanding (MoUs) aimed at deepening bilateral cooperation across key sectors such as construction, renewable energy, advanced technologies, and cultural...

Saudi Tech sector drives surge in business registrations

Saudi Arabia recorded a remarkable 67% increase in commercial business registrations in the fourth quarter of 2024, with technology-driven companies leading the surge.

Over 160,000 new business registrations...

Saudi Arabia extends deadline for mineral exploration bids

Saudi Arabia has extended the deadline for submitting proposals for exploration licenses in its largest mineralised belts.

The Ministry of Industry and Mineral Resources...

Saudi Arabia and France sign energy linked MoU

Saudi Arabia and France have entered into a landmark agreement aimed at strengthening bilateral cooperation in the energy sector. The arrangement features a strong emphasis on technologies that address...

Saudi based Swedish companies aim to increase investments

Saudi Arabian based Swedish companies intend to boost their investments in the Kingdom over the next year according to a recent report from Business Sweden.

Sweden's is Saudi Arabias largest trading...

Saudi Cabinet approves strategic framework to enhance FDI

Saudi Arabias government cabinet has approved a comprehensive national framework designed to stimulate foreign direct investment (FDI). The strategic move lays foundations for increased economic collaboration...

Saudi Arabia to launch SAR 45 billion worth of water projects

Saudi Water Partnership Company (SWPC) has announced plans to initiate 18 new water projects valued at SAR 45 billion (USD 12 billion) throughout Saudi Arabia over the next three years. This initiative...

Saudi Arabia's non-oil exports experience significant growth

Saudi Arabia witnessed a remarkable 19% surge in non-oil exports in July 2024 reaching SAR 25.4 billion (USD 6.77 billion), up from SAR 21.3 billion (USD 5.68 billion) in the same month last year.

Such...