Riyadh Air places order for 25 Airbus A350s
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Saudi Gazette on MSN10h
Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globallySaudi Gazette report RIYADH — Saudi Arabia has made a remarkable achievement in the field of entrepreneurship, with the position of Riyadh, the capital city, advancing 60 places over the past three years,
The European aircraft manufacturer landed a massive order from Riyadh Air for 50 planes and another from AviLease, a Saudi aircraft leasing company, for 77 planes.
Flynas is the first airline to be listed on the Tadāwul Saudi stock exchange, and the first Gulf airline public offering since Air Arabia’s IPO in 2007.
NayaOne launched the Kingdom’s first fully Saudi-hosted platform, allowing banks, insurers, and fintechs to design, test, and introduce products in weeks
Riyadh wants to squeeze U.S. frackers, although an all-out price war would be costly.
First-quarter GDP grew by 3.4% compared to the same quarter of the previous year, beating flash estimates of 2.7% released in May by the Saudi General Authority for Statistics.
Despite the recovery, concerns remain as the job market is heavily dependent on a single country – Saudi Arabia, which alone accounted for 66% of the total overseas hires in May
Israel’s surprise military strike on Iran has jolted oil markets and cast fresh attention on the recent production decisions by Saudi-led Opec+, sparking debate over whether Riyadh ramped up oil output to support US strategic aims in the region, the Financial Times reported.