Business
GASTAT data shows Saudi rail passengers surged 266.5 percent to 156.4 million in 2025
The General Authority for Statistics reported this week that total railway passenger numbers in Saudi Arabia rose 266.5 percent to 156.4 million in 2025 from 42.7 million a year earlier…
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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…
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…
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…
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…
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…
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…
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…
Saudi Business Center Launches E-Store Verification Tool Within Tawakkalna App
The Saudi Business Center on October 12, 2026, introduced an online store verification service on the Tawakkalna app that lets…
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