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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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Erad’s $22 million raise puts industrial SME financing in focus
Erad’s $22 million round backs a wider push into SME working capital as Saudi lending grows and industrial financing gains…
USMEF Sees $150 Million Annual Beef Export Opportunity in Saudi Arabia After Barriers Lifted
On September 21 the US Meat Export Federation forecasted that beef sales to Saudi Arabia could reach $150 million annually…
Cityscape Global brings homebuyers and global capital to Riyadh this November
Cityscape Global returns to Riyadh on 16–19 November, combining a broader investor programme with workshops and property options for homebuyers.
Saudi Commerce Ministry Recalls 6215 Hyundai Azera Models Over Fuel Pipe Defect
Saudi Arabia's Ministry of Commerce on October 1, 2026, recalled 6215 Hyundai Azera vehicles from the 2023-2025 model years after…
GASTAT Data Shows Saudi National Unemployment at 6.5 Percent in Q2 2026
The General Authority for Statistics reported on September 30, 2026, that Saudi Arabia's unemployment rate for nationals stood at 6.5…
Saudi Ministry Permits Job Transfers for Absent Expatriates After 12 Months Residency
The Ministry of Human Resources and Social Development launched an initiative on September 18, 2025, through the Qiwa platform that…
Fitch Ratings Affirms Tadawul as Dominant GCC Equity Market With 63 Percent Share
On September 29, 2026, Fitch Ratings confirmed that Saudi Arabia's Tadawul remains the largest stock market in the Gulf Cooperation…
Ministry of Commerce Raids Unlicensed E-Commerce Training Site in Riyadh
Saudi Arabia's Ministry of Commerce on Tuesday dismantled an unlicensed training facility in Riyadh's Al-Batha district that prepared runaway expatriate…