Saudi Arabia is on track to lead the Gulf Cooperation Council (GCC) in information and communications technology (ICT) investment over the next three years. While fixed-line telephony is steady, broadband penetration and internet use continue to rise, creating a...

Telecommunications is arguably the most exciting sector in Saudi Arabia, especially when it comes to mobile telephony. Once the sole domain of incumbent Saudi Telecom Company (STC), the mobile segment has become a dynamic, fast-growing and fiercely competitive one,...

Saudi Arabia is putting significant investments in the upgrading of its whole transport infrastructure, with seaports, airports and road and rail networks across the Kingdom all being expanded.

The Kingdom announced its biggest budget ever at the beginning of...

In what many regard as a historical development, Saudi Arabia's Capital Market Authority (CMA) announced new rules that will allow foreign investors access to individual shares traded in the Kingdom's stock market.

Under the new regulations, foreign investors will...

The Tadawul All-Share Index (TASI) took a tumble this week as investors attempted to offload shares in anticipation of new market regulations.

The exchange announced last week that the names of investors holding stakes of 5% or more in...

In a bid to ensure long-term food security, Saudi Arabia is looking at plans to invest in farms in Thailand, the world's largest exporter of rice.

With international rice prices soaring due to poor harvests last season, and growing...

Saudi Arabia, the largest economy in the Gulf Cooperation Council (GCC) and the world's biggest oil exporter, has announced it is in the "final stages" of launching its first sovereign wealth fund (SWF).

The as yet unnamed SWF will...

In a bid to manage the privatisation of water services and save diminishing water resources, Saudi Arabia's Supreme Economic Council (SEC) has recently licensed the National Water Company (NWC). The creation of the company is another step in the...