Bandar al-Mosalam
Business The fourth quarter of 2023 witnessed an increase in the number of female workers. (Asharq Al-Awsat)

Unemployment Among Saudis is Close to Vision 2030 Target

The unemployment rate among Saudis approached the target of 7 percent, which was set in Vision 2030. At the end of the fourth quarter of 2023, unemployment…

Bandar al-Mosalam (Riyadh)
Business Food, beverages, and retail are among the most prevalent industries in the Saudi franchising system (Asharq Al-Awsat)

1,200 Brands Ready for Franchising in Saudi Arabia

More than 10,000 business opportunities are available in Saudi Arabia’s franchising market, with over 1,200 brands ready for franchising. Saudi Arabia is…

Bandar al-Mosalam (Riyadh)
Business The Cluster 2 Company, in cooperation with the Saudi SAL Logistics Services Company and Saudia Cargo, announced on Tuesday the launch of the initiative that aims to encourage and increase Saudi Arabia’s exports of agricultural crops. (Photo: SAL)

New Saudi Initiative Supports Exporters, Stimulates Economic Sustainability in South

In line with the ongoing efforts towards strengthening and sustaining the local economy and expanding trade exchange in the region, the Cluster 2 Company…

Bandar al-Mosalam (Riyadh)
Business The Dragon Ball theme park will allow visitors to experience their favorite animation stories. (Asharq Al-Awsat)

The Legend of Dragon Ball...a New Investment Journey in Saudi Arabia

The world’s first theme park dedicated to the Dragon Ball universe of comics, movies, and games will be built in Saudi Arabia, the Qiddiya Investment Company…

Bandar al-Mosalam (Riyadh)
Business The Saudi Airlines Group and Flynas are working to expand flights and seat capacity to meet the Kingdom’s new strategy. (Asharq Al-Awsat)

How are Saudi Airlines Preparing to Receive 150 Million Visitors?

Saudi Crown Prince Mohammed bin Salman has recently announced expanding the target of Vision 2030 strategy in the tourism sector to reach 150 million visitors…

Bandar al-Mosalam (Riyadh)
Business King Abdul Aziz Port in Dammam (Asharq Al-Awsat)

Saudi Arabia Asks Shipping Agents to Receive, Deliver Containers 24 Hours Per Day

The Saudi Ports Authority (Mawani) has asked all shipping agents and companies renting storage in the logistics and support services areas, to adhere to the…

Bandar al-Mosalam (Riyadh)
Business Intensive efforts to control the inflation rate in Saudi Arabia (Asharq Al-Awsat)

Saudi Housing Rents Propel Inflation to 1.8% in February

Saudi Arabia’s annual inflation rate rose to 1.8% in February from 1.6% the previous month driven by increases in housing rents. Despite this uptick,…

Bandar al-Mosalam (Riyadh)
Business The Agricultural Development Fund provides various loans to support food security in the Kingdom (Asharq Al-Awsat)

Saudi Arabia Provided $17 Billion in Loans to Support Food Security

The Saudi Agricultural Development Fund approved over the past year loans exceeding SAR 6.474 billion ($1.7 billion), bringing the total value of loans…

Bandar al-Mosalam (Riyadh)