Oil Updates — Crude On Track For 1st Monthly Drop Since November On Trump Tariff Concerns
LONDON: Oil prices fell more than 1 percent on Friday and were headed for their first monthly drop since November, as ma... Read more
Saudi Arabias Non-oil Exports To China Surge 70% As Trade Ties Deepen: GASTAT
RIYADH: Saudi Arabia’s non-oil exports to China reached SR3.68 billion ($980 million) in December, representing a rise... Read more
Over 1,300 Saudi industrial Licenses Awarded In 2024, Attracting $13.3bn Investment, Latest Figures Show
JEDDAH: More than 44,000 new jobs are expected in Saudi Arabia after the Kingdom issued 1,346 industry licenses in 2024,... Read more
Closing Bell: Saudi Main Index Ends Week In Red; Nomu Gains
RIYADH: Saudi Arabia’s Tadawul All Share Index ended the week in the red, as it shed 120.75 points or 0.99 percent to ... Read more
Saudi Arabia Strengthens Halal Leadership With 13 New Deals At Makkah Forum
JEDDAH: Saudi Arabia saw the signing of 13 agreements at a special event in Makkah, boosting its halal industry leadersh... Read more
Saudi Arabia To Lead Regions Initial Public Offerings In 2025 — EY
RIYADH: The outlook for initial public offerings in the Middle East and North Africa region remains positive in 2025, w... Read more
Saudi Expat Remittances Surge To Three-year High $38.5bn, SAMA Reveals
RIYADH: Expatriate remittances from Saudi Arabia surged to SR144.2 billion ($38.45 billion) in 2024, a 14 percent incre... Read more
Saudi Arabias Startup Ecosystem LEAPs Once Again
RIYADH: Saudi Arabia’s LEAP 2025 tech conference, held from Feb. 9 to 12, showcased the Kingdom’s growing startup e... Read more
Oil Updates — Crude To Snap 3-week Losing Streak Amid US Tariff Delays
SINGAPORE: Oil prices rose in Asian trade on Friday, poised to end three weeks of decline, buoyed by rising fuel demand ... Read more
Saudi Arabia Leads GCC In US Dollar Debt And Sukuk Issuance, Driving Regional Growth: Fitch
RIYADH: Saudi Arabia holds the largest share of the Gulf Cooperation Council’s debt capital market, with 44.8 percent ... Read more
Saudi Banks See Record Profits Amid Strong Credit Growth And Debt Market Expansion
RIYADH: Saudi Arabia’s top 10 listed banks recorded all-time high net profits in 2024 of SR79.64 billion ($21.23 billi... Read more
Saudi Arabias Revenue Rises To $336bn In 2024 As Non-oil Income Surges
RIYADH: Saudi Arabia’s total government revenues reached SR1.26 trillion ($336 billion) in 2024, marking a 4 percent i... Read more
Saudi Arabia, IMF Lead Talks On Economic Resilience At AlUla Summit
JEDDAH: Policymakers, economists, and industry leaders will gather in Saudi Arabia next week for the AlUla Conference fo... Read more
PIFs ROSHN, Johnson Controls Arabia Ink Deal To Propel Energy Efficiency In Saudi Arabia
RIYADH: Saudi developer ROSHN has signed a deal with Johnson Controls Arabia to introduce advanced cooling technology, ... Read more
Saudi Arabia Launches New Financing Products To Boost Construction Sector
RIYADH: Saudi Arabia has rolled out Infra-guaranteed financing and surety bonds to support contractors in the constructi... Read more