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Saudi Arabia is rewriting its energy model. With multi-billion-dollar investments and a long-term industrial vision, the Kingdom is pushing to transform itself from the world’s oil capital into a global
The Ministry of Industry and Mineral Resources has confirmed the launch of a new bidding round for three mineral exploration licenses (covering 13,000 square kilometers), according to reporting by Arab
Saudi Arabia is structurally recalibrating its talent acquisition model, moving away from high, automatic salary premiums toward a sophisticated, skills-based compensation model aligned with Vision 2030’s long-term sustainability goals.
Italian excellence in high-altitude engineering has just reached a new summit, this time, on a continental scale.
Saudi Arabia has initiated a significant phase in its industrial empowerment system, signing agreements for nine pioneering projects under the Standard Incentives for the Industrial Sector program.
Saudi Arabia has significantly strengthened its position in the global digital landscape, rising five places to secure the 22nd spot in the 2025 World Digital Competitiveness Ranking (WDCR).
Beyond the scale and ambition of its giga-projects, Saudi Arabia is building an increasingly competitive tax ecosystem to attract foreign investment and know-how, with a particular focus on small and
Often perceived as a bureaucratic maze, incentivized finance is in fact one of the most powerful growth engines available to Italian companies.
Saudi Arabia is accelerating its monumental aviation expansion, with construction scheduled to begin next year on a new 40-million-passenger terminal at King Salman International Airport (KSIA). This initial phase is a critical step in
Jeddah’s Red Sea coast is preparing for a dramatic transformation with the arrival of the first Atlantis and One&Only resorts in Saudi Arabia, the result of a historic joint venture. Midad Real Estate Company has partnered with the Jeddah
Ahmed Al-Khateeb, Saudi Minister of Tourism, confirmed the launch of the GCC Unified Visa, known as the “GCC Grand Tours Visa,” scheduled for 2026, opening up new opportunities for regional and international tourism. While the project
Aramco, the Saudi Arabia’s leading integrated energy and chemicals player partnered with the French technology firm Pasqal, has deployed the Kingdom’s first industrial quantum computer at its data center in Dhahran. This landmark installation of the first
The introduction of US tariffs, with an estimated annual impact of between €7 and €9 billion on Italian exports, is compelling businesses toward strategic diversification.
When we think of Italian exports to the Gulf, our minds often drift to luxury goods, fashion, and food.
Autumn 2025 marks a strategic turning point for “Made in Italy” in Saudi Arabia.
The 21st UNIDO General Conference, held in Riyadh under the theme “The Power of Investment and Partnerships,” represented an important global opportunity to discuss industrial development and confirm Saudi Arabia’s role as a leader in industrial
Cityscape Global 2025 closed in Riyadh with unprecedented results, confirming Saudi Arabia as one of the most dynamic and ambitious real estate and urban planning markets in the world. The final tally
Saudi Arabia’s economic diversification strategy has reached a major milestone, with non-oil activities now accounting for 56 percent of the Kingdom’s gross domestic product.
Sovereign wealth funds across the Middle East and North Africa are on track to manage a colossal $8.8 trillion in assets by 2030
Riyadh has launched the first phase of its Riyadh Creative District (RCD) within the King Abdullah Financial District
L’Oréal’s latest socio-economic impact study on Saudi Arabia reveals more than just impressive sales figures
Saudi Arabia has launched a new SR850 million ($227 million) private investment fund to accelerate the growth of its cultural economy, a major step in developing the creative sector under
Saudi Arabia sent a clear signal to the world, convening global leaders, investors, and creatives for its inaugural Cultural Investment Conference in Riyadh.
The Jeddah Historic District Program has announced a strategic partnership with Google to launch a series of AI-powered cultural tours dedicated to Al-Balad, Jeddah’s historic center and a UNESCO World
Saudi Arabia’s Capital Market Authority (CMA) has announced a draft plan to allow all non-resident foreign investors to invest directly in the Kingdom’s main stock market.
Italian engineering excellence is reaching new milestones as C.D.C. Chain Drive Crane S.r.l. officially joins the “Leader della Crescita 2026” (Growth Leaders 2026) ranking, compiled by Il Sole 24 Ore
Saudi Arabia’s retail landscape is undergoing a monumental transformation, as a powerful combination
The world is undergoing a profound and irreversible shift. For the first time in history, the majority of humanity lives in cities, a figure set to climb to nearly 70%
Saudi Arabia’s Red Sea Global is weighing alternative financing strategies to support its next phase of growth
Saudi Arabia’s ACWA Power has officially commenced commercial operations at three major solar power plants
Dubai is staking its claim in the US$200 billion global gaming industry with the Dubai Program for Gaming 2033
The Gulf Cooperation Council’s gross domestic product (GDP) at current prices reached $2.14 trillion in 2023
Saudi Arabia’s mining sector has surged 81 places in the Fraser Institute’s Investment Attractiveness Index over the past decade
Dubai-based PropTech platform PRYPCO Blocks has announced a partnership with Ovaluate
The introduction of new U.S. tariffs has marked a watershed moment for European businesses
Saudi Arabia’s Ministry of Sport, in collaboration with the National Centre for Privatisation & PPP (NCP) and the Riyadh Region Municipality, has launched the Expression of Interest (EOI) and Request
Dubai International Airport, already recognized as the world’s busiest hub for international travel, has unveiled what officials are calling the first artificial intelligence-powered passenger corridor
For international companies, accessing Saudi Arabia’s Vision 2030 giga-projects, from NEOM to Red Sea Global, almost always requires taking a mandatory path: strategic collaboration with a local operator.
Saudi Arabia is a strategic market for food, design, and technology, but the value of an Italian brand depends on its ability to protect itself.
Saudi Arabia’s Riyadh Air has signed a global distribution agreement with Amadeus to strengthen its international presence ahead of its commercial debut.
Saudi Arabia’s transportation sector is emerging as a central pillar of Vision 2030, opening significant opportunities for private and international investors
Saudi Arabia has introduced a new work permit system based on professional skills, aiming to attract qualified professionals and enhance the competitiveness of its labor market. The measure, announced by
Saudi Arabia is accelerating the adoption of advanced technologies such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) across its tourism sector
Dubai International Chamber announced that it attracted 143 international companies to Dubai in the first half of 2025
Saudi Arabia’s construction, architecture, and engineering sectors are experiencing an unprecedented expansion, recognized as one of the driving forces behind Vision 2030. The figures outline a market of exceptional scale,
Expanding into the Arab world isn’t just about having a competitive product; it’s about cultural awareness, timing, and a deep understanding of the context.
Saudi Arabia has achieved four consecutive years of growth in venture capital (VC) relative to GDP, a record unmatched by any other large emerging market, according to MAGNiTT’s latest Macro
Saudi Arabia’s new national carrier, Riyadh Air, is laying the groundwork for rapid international expansion, with plans to launch a new overseas destination every two months once operations commence.
Dubai’s iconic Palm Jebel Ali project is gaining momentum with the awarding of three major infrastructure contracts worth AED 750 million.
Saudi Arabia’s $500 billion NEOM project has taken a major step forward in its logistics ambitions with the arrival of the Kingdom’s first fully automated, remote-controlled cranes at its Red
Dubai’s ambitious push to digitize and democratize real estate investment is off to a strong start.
Saudi Arabia is strengthening its startup ecosystem in the tourism sector with the launch of three new initiatives by the Tourism Development Fund.
Saudi Arabia has launched Tasama, a new integrated business services platform established by a subsidiary of the Public Investment Fund (PIF), aiming to accelerate private sector growth and attract international
A Saudi consortium led by ACWA Power has signed agreements worth SAR 31 billion ($8.3 billion) to develop seven large-scale solar and wind energy projects, with a total capacity of
Saudi Arabia’s heritage-rich Diriyah Square development has awarded a $600 million construction contract to Italian firm Webuild, signaling a major milestone in the Kingdom’s giga-project rollout under Vision 2030.
Arada, the Sharjah-based master-developer, has revealed its pioneering twin-tower project Akala in Dubai, designed to redefine luxury living through a comprehensive wellness approach. Positioned strategically between DIFC and Downtown, the
Saudi Arabia’s non-oil private sector surged in June, expanding at its fastest pace in three months, driven by strong domestic demand, aggressive hiring, and a jump in purchasing activity. The
Saudi Arabia’s Public Investment Fund (PIF) has launched Expo 2030 Riyadh Co. (ERC), a dedicated entity responsible for delivering the infrastructure and programming for the Kingdom’s first World Expo. The
Once synonymous with oil wealth, Saudi Arabia is now rapidly transforming into a burgeoning tech powerhouse. Under the ambitious Vision 2030 initiative, the Kingdom is channeling substantial investments into artificial
Saudi Arabia’s Special Economic Zones (SEZs) are swiftly becoming cornerstone initiatives of Vision 2030, designed to attract foreign investment, diversify the economy, and drive cutting-edge industrial growth.
With nearly 80% of new hotel developments targeting the high-end segment, Saudi Arabia is rapidly positioning itself as a global luxury destination.
Saudi Arabia has officially unveiled a comprehensive 50-year tourism roadmap alongside a global forum TOURISE, cementing its transformation into a proactive architect of the travel industry’s future. This initiative comes on
Saudi Arabia’s Diriyah Co. has signed a memorandum of understanding with South Korea’s Kakao Mobility to develop smart mobility infrastructure in Diriyah, one of the Kingdom’s flagship giga-projects backed by
Saudi Arabia is rapidly emerging as a global hydrogen powerhouse, investing heavily in both green and blue hydrogen as part of its strategy to generate 50% of its electricity from
Jeddah Municipality has launched a major new wave of investment opportunities, unveiling 29 projects across more than 1.4 million square meters, targeting commercial, industrial, residential, and recreational sectors. The announcement
Saudi Arabia is set to outpace several major economies by 2026, with the Organisation for Economic Co-operation and Development (OECD) projecting a real GDP growth of 2.5%, outstripping the United
Saudi Arabia’s Public Investment Fund (PIF) has unveiled plans to invest $170 billion in Europe by 2030, supported by the opening of a new office in Paris. The French capital
Made in Italy continues to win over international markets, and the Gulf stands out as one of the most strategic regions for the future of Italian exports. Growing demand for
At the heart of the Gulf’s economic transformation, Dubai and Riyadh are emerging as strategic hubs for digital finance. Forward-looking regulations, substantial public investment, and rising demand for smart financial
Ras Al Khaimah (RAK) is rapidly gaining traction as a new hub for co-living and co-working in the UAE, driven by a younger wave of property investors and digital professionals
Saudi Arabia is fast-tracking its transformation into a global luxury travel destination, with nearly 80% of new hotel developments targeting the high-end segment. This bold pivot reflects the Kingdom’s strategy
In a bold move blending traditional energy retail with cutting-edge fintech, the United Arab Emirates’ leading fuel provider, Emarat, has launched cryptocurrency payment services in collaboration with global exchange Crypto.com.
Saudi Arabia’s Public Investment Fund (PIF) is accelerating its global expansion with a bold commitment to invest $170 billion in Europe by 2030, anchored by the opening of a new
The Saudi-U.S. Investment Forum in Riyadh concluded with the announcement of more than $600 billion in bilateral agreements, setting the stage for a deeper economic alliance between the two nations.
The GCC’s landscape of business acquisitions and entrepreneurship is evolving—and at the center of this transformation is the growing prominence of search funds.
Dubai’s skyline is not the only thing reaching new heights—the city’s real estate sector is undergoing a digital revolution.
The United Arab Emirates has signed five new Comprehensive Economic Partnership Agreements (CEPAs) in the first quarter of 2025
Airlines in the Middle East recorded a 3.3% year-on-year rise in passenger demand this February, reflecting the region’s accelerating efforts to transform its aviation sector.
We’ve all heard about them at least once: cities rising in the desert, suspended trains, vertical hotels, and luxury artificial islands.
The Central Bank of the UAE (CBUAE) has revealed a new symbol for the Emirati dirham, marking a historic evolution in the nation’s monetary identity — both in its physical
The MENA startup ecosystem is accelerating into the second quarter of 2025 with strong momentum
In a bold leap toward full digital sovereignty and next-generation public service, Abu Dhabi has signed a multi-year strategic agreement with Microsoft and Core42
Saudi Arabia is reshaping its economic landscape to become a key destination for foreign investment, with a particular focus on small and medium-sized enterprises (SMEs).
Italy is strengthening one of its most promising strategic relationships for business: the partnership with Saudi Arabia.
Saudi Arabia is undergoing a profound transformation. Through its Vision 2030 plan, the Kingdom is opening up to the world, focusing on innovation, foreign investment, and sustainable development.
In a strategic move to streamline market entry and modernize business practices, Saudi Arabia has enacted sweeping reforms to its commercial and trade name laws.
The UAE has introduced a set of tax incentives for multinational companies (MNCs) operating in the country, reinforcing its position as a leading global investment hub.
In a geopolitical climate rattled by rising U.S. tariffs under a possible Trump policy resurgence, clarity and stability have become premium commodities for global investors.
In an increasingly unstable global context marked by trade tensions, the Middle East stands out as one of the few regions still experiencing strong growth.
Saudi Arabia has emerged as a major hub for international sports tourism, welcoming 2.5 million visitors over the past four years as part of its ambitious Vision 2030 transformation.
Saudi Arabia’s residential property sector is set for substantial growth in 2025, with private buyers expected to invest SR4.58 billion ($1.22 billion) into the market, according to Knight Frank’s latest
Etihad Airways, the national airline of the UAE, has announced a significant 14% increase in passenger traffic for February 2025, reflecting its rapid growth trajectory.
In a groundbreaking move for the cryptocurrency sector, Abu Dhabi-based MGX has invested $2 billion in Binance
Haris Consulting, one of the key players within the Haris Holding group, has officially joined Partner 24 ORE, the exclusive network of professionals and enterprises promoted by Il Sole 24
Saudi Arabia’s tourism sector is experiencing unprecedented growth, with recent reports revealing a 27% increase in tourist spending, reaching nearly $7 billion.
Saudi Arabia’s $500 billion mega-project, NEOM, is making headlines once again as it appoints three world-renowned companies to support the design, planning, and engineering for the first phase of its
Saudi Arabia’s Vision 2030 is built on transformative economic diversification, technological advancement, and sustainable development.
Saudi Arabia’s Vision 2030 is a bold initiative aimed at reshaping the nation’s economy, reducing its dependence on oil, and fostering sustainable development.
Saudi Arabia has announced a groundbreaking $1 billion investment in an AI startup accelerator program, reinforcing its commitment to becoming a global leader in artificial intelligence.
In a recent interview with CIO, Jyoti Lalchandani shared insights into the technological advancements propelling the Middle East’s digital transformation.
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