Business

Saudi Tourist Accommodation Management Records Rise 29 Percent to 20,560 in Q3

The Ministry of Commerce reported a 29 percent rise in commercial registrations for tourist accommodation management to 20,560 in the third quarter of 2026 from a year earlier.

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Latest News

Saudi FDI Inflows Climb to Record SR159.1 Billion in 2025 on 33.5 Percent Growth

The General Authority for Statistics announced on October 15, 2026 that Saudi Arabia's foreign direct investment inflows rose 33.5 percent…

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Saudi Cybersecurity Market Expands to SR16.3 Billion in 2025

The National Cybersecurity Authority reported on October 14, 2026 that Saudi Arabia's cybersecurity market expanded to SR16.3 billion in 2025…

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NDF Governor Details SR31.5 Billion Financing for NEOM Green Hydrogen Initiative

National Development Fund Governor Abdulaziz Al-Arifi said on October 14, 2026 that the NDF along with partners has supported SR31.5…

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IMF Managing Director Warns Saudi Attacks Could Trigger Global Economic Spillovers

International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that recent attacks on Saudi Arabia could produce negative spillovers…

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Ministry of Commerce Logs 31 Percent Rise in AI Commercial Registrations for Q3

The Saudi Ministry of Commerce announced this week that commercial registrations related to artificial intelligence technologies increased 31 percent to…

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Ministry Reports 25% Surge in Saudi E-commerce Registrations for Q3

The Saudi Ministry of Commerce said on October 14 2026 that active e-commerce registrations climbed 25 percent to 52,259 in…

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Aramco Sets Course for Up to Seven New Gas Facilities by 2027 With 80 Percent Sales Target

Saudi Aramco plans to commission as many as seven gas and LNG facilities between 2025 and 2027 while targeting an…

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IMF Upgrades Saudi Arabia 2027 Growth Forecast to 7.9 Percent

The International Monetary Fund on Tuesday raised its 2027 economic growth projection for Saudi Arabia to 7.9 percent in its…

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