The full report provides comprehensive analysis of brand performances within each Fast Moving Consumer Goods (FMCG) segment in the kingdom over the past year based on the consideration survey
KSA
Latest in KSA
Arabian Business
Arabian Business KSA Conference: Navigating the road to 2030
Saudi Arabia’s role as a regional leader and hub for industry under the microscope
KSA
Saudi eVisa: 4-step guide to applying for entry into the kingdom
Here’s how GCC residents can apply for the new Saudi eVisa, how much it would cost, and important rules to know
KSA
Exclusive: DJ Khaled in talks to play at Saudi Arabia’s MDLBEAST Soundstorm music festival 2022
The superstar is lined up to play at the MDLBEAST Sandstorm December event in Riyadh
Construction
Saudi Arabia’s The Line bids to join ranks of most futuristic urban models in the world
Similar to Saudi Arabia’s The Line, here’s a list of 9 futuristic city models from around the world, set to redefine urban living with innovative design and solutions
Construction
Saudi Arabian city of the future ‘The Line’ set to build the world’s largest buildings
The Saudi Arabian city will be totally-pedestrianised and is set to create 380,000 jobs in Saudi Arabia. Once completed the carbon emission-free city aims to contribute almost USD$48 billion to the Saudi economy
economic outlook
Saudi Arabia’s booming economy: How the kingdom is outperforming the global growth outlook
The first quarter of 2022 saw Saudi Arabia’s economy grow at its fastest rate since 2011. Here’s how the kingdom’s authorities are supercharging growth
Artificial intelligence
How artificial intelligence will add $320bn to the MENA economy by 2030: Google report
The report explores artificial intelligence-based investments and industry trends in tourism, transport, finance, retail, energy, and government services
foreign direct investment
Investor interest in Saudi Arabia booms with 101 deals worth $4bn in the first three months of 2022
The deals are expected to create more than 5,800 new jobs in Saudi Arabia’s domestic economy
Al Hudaydah
Saudi Arabia sets aside $10mn to contain threats posed by deteriorating oil tanker on the Red Sea coast
The ‘Safer’ tanker contains more than one million barrels of oil, and has not been maintained since 2015. Any leakage could threaten regional marine life, fisheries, and biodiversity
Bahrain
Rise in tourism, oil output to lift Saudi economy by 7% in 2022, outpacing other GCC nations: report
The World Bank report attributes the economic rebound in the GCC to the region’s broadly successful vaccination rollout, the easing of pandemic restrictions, and developments in the hydrocarbon market
Kingdom Holding
Saudi Arabia’s PIF buys 16.9 percent stake worth $1.5 billion in Prince Alwaleed Bin Talal’s firm
Prince Alwaleed will retain a 78.13 percent holding in KHC, with the remaining 5 percent of the stock listed on the Saudi bourse
crude oil
Saudi Arabia reports $15.3 billion in budget surplus during first quarter of 2022 as oil income surges
Saudi Arabia’s total government revenue rose to $74 billion in the first three months of 2022, while capital expenditures dipped 1 percent with the kingdom relying on its sovereign wealth fund for domestic investments and projects
Amin H Nasser
Saudi Aramco sets earnings record with net income of $39.5 billion in the first three months of 2022
Saudi Aramco’s strong results were underpinned by higher crude oil prices and volumes sold, and improved downstream margins, the firm said in a statement
Abu dhabi tourism
Wrap-up: ATM 2022 draws 23,000 visitors as ideas, inclusivity, and tech beckon the future of travel
In addition to doubling visitor numbers, the 29th edition of the Arabian Travel Market (ATM) held at the Dubai World Trade Centre drew 1,500 exhibitors and attendees from 150 countries
Alvarez & Marsal
How post-Covid economic recovery is improving the profitability of Saudi Arabia’s top 10 banks
All of the top 10 Saudi banks reported growth as the aggregate loans and advances (L&A) grew 14.2 percent year-on-year in FY 2021
Bandar Alkhorayef
Saudi Arabia to attract investments worth $32 billion for nine mining and minerals projects
Saudi Minister Bandar Alkhorayef said that the mining projects would create more than 14,500 jobs. The ministry is now processing 145 exploration license applications from foreign firms.