Saudi Arabia Archives | Gulf Business https://gulfbusiness.com/section/gcc/saudi-arabia/ Thu, 08 Jun 2023 09:16:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Saudi Arabia Archives | Gulf Business https://gulfbusiness.com/section/gcc/saudi-arabia/ 32 32 IMF trims Saudi Arabia growth forecast to 2.1% in 2023 https://gulfbusiness.com/imf-cuts-saudi-growth-forecast-to-2-1-in-2023/ https://gulfbusiness.com/imf-cuts-saudi-growth-forecast-to-2-1-in-2023/#respond Wed, 07 Jun 2023 18:20:29 +0000 https://gulfbusiness.com/?p=257391 The fund projected that Saudi Arabia would swing to a deficit in 2023 on lower oil revenue

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Karim Benzema, former Galactico descends on Saudi Arabia with Al Ittihad signing https://gulfbusiness.com/karim-benzema-signed-by-saudi-club-al-ittihad/ https://gulfbusiness.com/karim-benzema-signed-by-saudi-club-al-ittihad/#respond Wed, 07 Jun 2023 09:58:26 +0000 https://gulfbusiness.com/?p=257269 The Ballon d'Or winner was with Real Madrid for 14-years before agreeing to move to the Saudi Pro League club on an initial three-year contract

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TMF Group expands into Saudi by acquiring Proven’s corporate services business https://gulfbusiness.com/tmf-group-expands-into-saudi-by-acquiring-proven/ https://gulfbusiness.com/tmf-group-expands-into-saudi-by-acquiring-proven/#respond Wed, 07 Jun 2023 07:03:53 +0000 https://gulfbusiness.com/?p=257272 TMF Group will open a new office in Riyadh, and build on the existing Saudi clients

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Saudi-backed LIV Golf merges with PGA Tour and DP World Tour https://gulfbusiness.com/liv-golf-merges-with-pga-tour-and-dp-world-tour/ https://gulfbusiness.com/liv-golf-merges-with-pga-tour-and-dp-world-tour/#respond Wed, 07 Jun 2023 07:00:54 +0000 https://gulfbusiness.com/?p=257224 The merged entity will implement a plan to grow the combined commercial businesses, drive greater fan engagement and accelerate growth initiatives

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Antony Blinken meets Crown Prince Mohammad bin Salman in Saudi Arabia https://gulfbusiness.com/antony-blinken-meet-prince-mohammad-bin-salman-in-saudi-arabia/ https://gulfbusiness.com/antony-blinken-meet-prince-mohammad-bin-salman-in-saudi-arabia/#respond Wed, 07 Jun 2023 06:27:39 +0000 https://gulfbusiness.com/?p=257241 The visit by the US State Secretary builds on President Biden’s visit to Saudi Arabia in 2022

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Flynas to commence flights to Egypt’s Sphinx International airport https://gulfbusiness.com/flynas-to-commence-flights-to-egypts-sphinx-international-airport/ https://gulfbusiness.com/flynas-to-commence-flights-to-egypts-sphinx-international-airport/#respond Wed, 07 Jun 2023 06:20:31 +0000 https://gulfbusiness.com/?p=257247 It will operate thrice-weekly nonstop services from Riyadh and Jeddah

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Standard Chartered issues first-ever green guarantee to Larsen & Toubro in Saudi Arabia https://gulfbusiness.com/standard-chartered-larsen-toubro-issue-green-guarantee-in-saudi-arabia/ https://gulfbusiness.com/standard-chartered-larsen-toubro-issue-green-guarantee-in-saudi-arabia/#respond Wed, 07 Jun 2023 05:29:28 +0000 https://gulfbusiness.com/?p=257159 The sustainable guarantee issued by the bank will see L&T receive the necessary financial support for the development of wind and solar farms to support green hydrogen generation

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Saudi Arabia’s NEOM gets $5.6bn to build workforce housing https://gulfbusiness.com/saudi-arabias-neom-secures-5-6bn-investment/ https://gulfbusiness.com/saudi-arabias-neom-secures-5-6bn-investment/#respond Tue, 06 Jun 2023 21:45:39 +0000 https://gulfbusiness.com/?p=257157 The scope of the agreement will cover elements of design, finance, build, operations and maintenance of the housing communities

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Saudi’s Red Sea Global, Partanna project to use carbon-negative concrete https://gulfbusiness.com/rsg-partanna-project-for-carbon-negative-concrete/ https://gulfbusiness.com/rsg-partanna-project-for-carbon-negative-concrete/#respond Tue, 06 Jun 2023 18:30:34 +0000 https://gulfbusiness.com/?p=256991 Partanna, which uses recycled ocean water brine in its carbon-negative concrete, will supply Red Sea Global with 11,000 carbon-negative pavers initially for its landscape nursery

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Six Senses to launch resort in Amaala, Saudi Arabia https://gulfbusiness.com/six-senses-amaala-set-to-launch-in-saudi-arabia/ https://gulfbusiness.com/six-senses-amaala-set-to-launch-in-saudi-arabia/#respond Tue, 06 Jun 2023 08:03:38 +0000 https://gulfbusiness.com/?p=256996 Six Senses Amaala is set to open as part of the first phase of the Triple Bay development

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