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Saudi Arabia's budget airline, flyadeal, has officially landed in India, commencing its maiden service between Hyderabad and Riyadh. This new daily flight, operated by an Airbus A320, significantly enhances Hyderabad Airport's global reach, particularly to the Middle East. The move is anticipated to stimulate travel for business, expatriate, and tourist segments between the two nations, marking a key expansion for the airline into a rapidly growing aviation sector....
Saudi Arabia's flagship carrier is in early talks with Boeing Co. and Airbus SE for what could be its largest plane purchase ever as the kingdom commits billions of dollars toward becoming a travel and tourism hub....
Saudi Arabia cancels expatriate worker fees for licensed industrial facilities to boost competitiveness and reduce operational costs, as kingdom aims to triple industrial GDP to SAR895bn by 2035....
Saudi Arabia's sovereign wealth fund is in advanced talks to invest in Leonardo SpA's aerostructures unit following months of negotiations, according to people familiar with the matter....
Saudi Basic Industries Corp. is slowing work on a potential initial public offering of its industrial gases business, according to people familiar with the matter....
Saudi Arabia's industrial production rose to the strongest level in nearly three years, in line with an increase in the kingdom's economic growth for the same period and driven by an expansion in oil output....
Saudi chemical maker Sabic is evaluating a share sale for its industrial gases unit as the company focuses on its core business and undergoes a restructuring....