Saudi Arabia-Riyadh
May 2022

Amidst a challenging investment climate and geopolitical tensions that are dampening growth elsewhere, the Arab world’s largest economy, Saudi Arabia, is experiencing positive momentum.






May 2022

Saudi ports Authority (Mawani) has announced that the country’s ports have recorded new throughput volumes in March, as the number of tonnes increased by 0.09 per cent, reaching a total of 25 million tonnes, while the container throughput surged by 2.5 per cent over last year hitting 865,000 containers.






May 2022

Saudi Arabia’s industrial sector which has done particularly well in 2021 attracting trillion dollar investments, received a fillip as the kingdom launched a new strategy with the World Economic Forum (WEF) to promote industrial innovation and advanced manufacturing in the country.






May 2022

Start-ups from across the Middle East and North Africa (Mena) had raised nearly $375 million with Saudi firms taking a sizeable chunk of the pie, netting $219 million across 23 investment deals in February, according to a report.






May 2022

Saudi Arabia-based start-up firm Lawazem, an operational procurement company which raised $1.3 million in its seed-funding round last month, is confident to propel the nascent business to business (B2B) ecommerce market in the kingdom to greater heights.






May 2022

Riyadh-headquartered Almarai, the largest dairy in the Middle East, is the first in the world to achieve NSF’s innovative Global Animal Wellness Standards (GAWS) for animal welfare management Systems and dairy production.






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