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Egypt raises $800m from hotels in divestment drive, PM Mostafa Madbouly reveals

Egypt raises $800m from hotels in divestment drive, PM Mostafa Madbouly reveals

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S&P upgrades OPEC Fund rating to AA+ with stable outlook 

S&P upgrades OPEC Fund rating to AA+ with stable outlook 

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Saudi Arabia’s Sports Boulevard Foundation launches $266m real estate fund with Ajdan and Albilad Capital

Saudi Arabia’s Sports Boulevard Foundation launches $266m real estate fund with Ajdan and Albilad Capital

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Saudi Arabia’s Tabby secures $700m in debt financing and extends series D round to $250m 

Saudi Arabia’s Tabby secures $700m in debt financing and extends series D round to $250m 

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COVID-19 created new business for private aviation industry, CEO of SPA says 

COVID-19 created new business for private aviation industry, CEO of SPA says 

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Marriott International breaks ground for a Ritz-Carlton in Diriyah to launch in 2026 

Marriott International breaks ground for a Ritz-Carlton in Diriyah to launch in 2026 

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Asir gears up for economic boom with launch of 2nd industrial city 

Asir gears up for economic boom with launch of 2nd industrial city 

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Saudi EXIM Bank and Japan’s NEXI sign MoU to boost export activities 

Saudi EXIM Bank and Japan’s NEXI sign MoU to boost export activities 

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Saudi industry minister talks up Japan trade ties as his Tokyo visit ends

Saudi industry minister talks up Japan trade ties as his Tokyo visit ends

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New Saudi airports and airlines will benefit from digital transformation: aviation expert

New Saudi airports and airlines will benefit from digital transformation: aviation expert

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German airport operator Fraport eyes key role in Saudi aviation market expansion 

German airport operator Fraport eyes key role in Saudi aviation market expansion 

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Saudi aviation sector to create 1.2m jobs in next 20 years

Saudi aviation sector to create 1.2m jobs in next 20 years

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AI is ‘the future’ of aviation cybersecurity

AI is ‘the future’ of aviation cybersecurity

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Smart Interaction obtains Saudi license to offer finance integration services

Smart Interaction obtains Saudi license to offer finance integration services

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Kingdom has prepared 1,200 sites for renewable energy projects, says energy minister

Kingdom has prepared 1,200 sites for renewable energy projects, says energy minister

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Etihad Airways and China Eastern Airlines forge strategic agreement for enhanced efficiency 

Etihad Airways and China Eastern Airlines forge strategic agreement for enhanced efficiency 

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Spain to buy up to 10% in Telefonica following Saudi entrance

Spain to buy up to 10% in Telefonica following Saudi entrance

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Saudi Arabia’s NDMC closes December sukuk issuance at $2.81bn 

Saudi Arabia’s NDMC closes December sukuk issuance at $2.81bn 

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Closing bell: Saudi main index dipped to close at 11,702 

Closing bell: Saudi main index dipped to close at 11,702 

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Oil Updates - crude inches higher as traders monitor Red Sea tensions

Oil Updates - crude inches higher as traders monitor Red Sea tensions

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