The news, anew
Saudi Arabia's business sector operating revenues increased by 2.3 percent to SR5.628 trillion in 2025, while employee compensation rose by 6 percent to SR624.1 billion, according to the General Authority for Statistics (GASTAT).
Business
Saudi Arabia's services exports increased by 6.9 percent to SR251.7 billion in 2025, supported by a 4.1 percent rise in travel services exports, according to the General Authority for Statistics (GASTAT).
Business
Global leader in industrial software will show how uniting engineering, operations and enterprise data helps organisations across the energy sector strengthen resilience, improve performance and accelerate decarbonisation
Business
Saudi Arabia’s Acwa and US-based EIG Management Co. have launched a joint venture named Plenum Power, targeting an initial equity commitment of $4 billion for US power generation and energy storage investments. With Acwa holding a 49% stake and EIG 51%, the partnership aims to leverage their combined expertise to capitalize on growth in the evolving US power market.
