Saudi Arabia
Saudi Arabia is rapidly emerging as a formidable force in the global mining sector, driven by an astonishing 500% surge in exploration spending since 2020. This aggressive expansion, a cornerstone of the Kingdom's Vision 2030, signals a profound shift away from its traditional oil dependency, aiming to establish
Saudi Arabia
Saudi Arabia is aggressively repositioning itself on the global economic stage, making a bold strategic move into the mining sector. The Kingdom has dramatically increased its mining exploration spending by an astounding 500% since 2020, reaching SAR 1.05 billion ($280.5 million) in 2024. This unprecedented surge, up from
Saudi Arabia
Saudi Arabia's financial landscape is currently experiencing an unprecedented surge in initial public offerings (IPOs), a phenomenon largely fueled by robust domestic consumer spending and the ambitious economic diversification agenda of Vision 2030. At the forefront of this market dynamism are food and beverage (F&B) brands,
Innovation Zero MENA Congress
The eagerly anticipated Innovation Zero MENA Congress, a cornerstone event for the Middle East and North Africa's (MENA) net-zero ambitions, has been strategically rescheduled to October 2026 in Riyadh, Saudi Arabia. This significant adjustment, announced against the backdrop of an accelerating global energy transition, positions the congress as
Global Markets
Global stock markets, from the bustling trading floors of Riyadh to the tech-driven exchanges of Tokyo, Taipei, and Seoul, are navigating a complex tapestry of economic shifts. Recent weeks have seen a diverse range of reactions, with some indices hitting unprecedented highs while others grapple with profit-taking and renewed volatility.
Petrodollar
The global financial landscape is undergoing a monumental shift, marked by the effective expiration of the petrodollar system in June 2024. This historic development sees Saudi Arabia, a cornerstone of the original agreement, no longer exclusively accepting US dollars for its oil sales. Instead, the Kingdom is now open to