Riyadh Archives - International Finance

Saudi airline Flynas expands African reach with Uganda & Djibouti routes

IFM CorrespondentNovember 15, 2024

by IFM CorrespondentNovember 15, 2024

With plans to buy 160 more Airbus aircraft, including 30 wide-body A330neos and 130 A320s, Flynas signed an agreement to double its fleet during the UK's Farnborough International Airshow in July 2024...

Featured Finance

Saudi FDI balance records 6.1% growth in Q1 2024, betters 2023 tally

IFM CorrespondentAugust 12, 2024August 11, 2024

by IFM CorrespondentAugust 12, 2024August 11, 2024

According to the report, the majority of economic activities in Saudi Arabia saw positive annual growth rates in the first quarter of 2024...

Aviation Featured

Saudia, Kingdom’s aviation sector leads global industry: Data

IFM CorrespondentAugust 5, 2024

by IFM CorrespondentAugust 5, 2024

The objective of the National Transport and Logistics Strategy is to elevate the GDP contribution of the aviation sector from its present 6% to 10% by the year 2030...

Economy Featured

We ended petrol subsidy to save Nigeria from bankruptcy: President Bola Tinubu

IFM CorrespondentMay 2, 2024May 1, 2024

by IFM CorrespondentMay 2, 2024May 1, 2024

President Bola Tinubu expressed his happiness over Nigeria's youthful population, which he believes is full of energy and determined to use technology and education to take control of their own destiny...

Featured Trading

Saudi Arabia sees 59% surge in commercial registrations

IFM CorrespondentApril 15, 2024April 14, 2024

by IFM CorrespondentApril 15, 2024April 14, 2024

The percentage of young Saudis who registered as commercial establishments in the Kingdom was 38%...

Magazine Real Estate

ROSHN: Shaping Saudi’s Urban Vision

WebAdminMarch 22, 2024March 26, 2024

by WebAdminMarch 22, 2024March 26, 2024

With five projects having already been launched across three Saudi regions as of February 2024, demand for ROSHN infrastructure continues to grow...

Featured Real Estate

Increasing its capital deployment, Saudi’s PIF to acquire stakes in Binladin Group

IFM CorrespondentMarch 12, 2024

by IFM CorrespondentMarch 12, 2024

Saudi Binladin Group, which operates in construction, power, and industry, has built over 15 Saudi Arabian buildings...

Featured Fintech

Saudi Arabia occupies third position in Global Retail Development Index

IFM CorrespondentMarch 11, 2024

by IFM CorrespondentMarch 11, 2024

Saudi Arabia’s retail sector is contributing 23% to the non-oil economy, and is aiming to exceed SR460 billion by 2024 end...

Aviation Featured

Boost for ‘Vision 2030’ as Saudi & China elevate aviation ties with MoU

IFM CorrespondentMarch 1, 2024

by IFM CorrespondentMarch 1, 2024

The China visit was a part of the Saudi aviation officials' global mission to explore business opportunities around the world, with Singapore and the United States being the next stoppages...