Browsing: Market

Jizan, February 27, 2026, SPA — Ramadan in Jizan city offers a diverse experience that blends vibrant waterfronts, traditional markets, and modern destinations. Before iftar, locals and visitors gather at the corniche and public parks to enjoy the sea breeze, while the city’s markets, including the central fish market and the heritage-focused Al-Awaleen Market, become bustling hubs for authentic local flavors and seasonal delicacies. As sunset approaches, families often share iftar on terraces overlooking the sea, creating a spiritual atmosphere accompanied by the sound of the waves. In the evenings, the city’s energy shifts t

Riyadh, February 17, 2026, SPA — Minister of Environment, Water and Agriculture and Chairman of the Board of Directors of the National Livestock and Fisheries Development Program Abdulrahman Alfadley sponsored the signing of a memorandum of understanding yesterday between the program and the French company Ceva. A number of senior officials attended. The memorandum focuses on localizing vaccine manufacturing, transferring technology and technical expertise, and expanding the industrial and commercial production of veterinary vaccines across all regions of the Kingdom. Under the memorandum, the two sides will work to achieve high effici

Saudi Arabia’s hospitality market is forecast to grow from US$27 billion in 2025 to over US$54 billion, driven by Vision 2030, premium hotel development, and evolving inbound travel demand WTM Spotlight in Saudi Arabia will unite the global and regional tourism and hospitality sectors through exhibition, conference, and networking opportunities WTM Spotlight in Saudi Arabia will make its debut from 8 – 10 September at the Riyadh Front Exhibition & Convention Center (RFECC) Riyadh, Saudi Arabia, 2 February 2026: Saudi Arabia’s hospitality market, valued at US$27.14 billion in 2025, is forecast to reach US$54.32 billion a

Riyadh, January 25, 2026, SPA — Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Riyadh will host tomorrow the third edition of the Global Labor Market Conference (GLMC). The conference will be held under the theme “Future in Progress,” with high-level participation from decision-makers, thought leaders, and experts from around the world. Minister of Human Resources and Social Development Ahmed Al-Rajhi affirmed that convening the third edition of GLMC under the patronage of the Custodian of the Two Holy Mosques reflects the Kingdom’s commitment to its international role in adva

Riyadh, January 06, 2026, SPA — The Capital Market Authority (CMA) announced the opening of the capital market to all categories of foreign investors and enabling them to invest directly therein as of February 1, 2026, following the CMA board’s approval of the regulatory framework allowing non-resident foreign investors to invest directly in the Main Market. Accordingly, the capital market, across all its segments, will be accessible to various categories of investors from around the world for direct participation. The approved amendments aim to expand and diversify the base of investors permitted to invest in the Main Market, thereb

Saudi travellers are fueling robust demand for premium accommodation, exceptional service, and tailor-made travel experiences In 2025, outbound travel expenditure in the Kingdom is estimated to reach US$27.5 billion, supported by widespread digital adoption, greater international mobility, and a growing interest in both established and new destinations The inaugural WTM Spotlight in Saudi Arabia will take place in September at the Riyadh Front Exhibition & Convention Centre (RFECC) Riyadh, Saudi Arabia, 17 December 2025: Saudi Arabia is entering an exciting phase of outbound travel, fuelled by greater global mobility and a rising

Riyadh, December 04, 2025, SPA — The Regional Voluntary Carbon Market Company (VCM), established by the Public Investment Fund (PIF) and Saudi Tadawul Group, has announced a memorandum of understanding (MoU) with Marubeni Corporation, a major trading house and the first Japanese company, for collaboration on carbon markets. According to a VCM press release, the milestone marks a significant expansion in the exchange’s global reach and diversification throughout Asia. VCM also signed a partnership agreement with Climate Bridge International from Singapore as an advisory partner. VCM and Climate Bridge International will jointly acce

Since 2020, IPOs on the ADX have raised about Dhs59bn, supported by strong demand and steady economic growth The post 25 years and counting: ADX achieves key milestones appeared first on Gulf Business.