Four New Special Economic Zones To Be Established In Saudi Arabia
RIYADH: Four special economic zones are to be established in Saudi Arabia, Crown Prince Mohammed bin Salman announced on... Read more
Global Sukuk Outlook For Q2 Is Positive Despite Slowdown: Fitch
RIYADH: The global sukuk issuance for the second quarter is building up even as it faces short-term uncertainties amid c... Read more
Closing Bell: Saudi Stocks Continue To Rise, End Week On Positive Note
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement on Thursday, as it went up by 29.28 point... Read more
Saudi Ports Book 21% Rise In Container Volumes In March: Mawani
RIYADH: Saudi Arabia’s ports witnessed a 21.14 percent increase in container volumes to 693,523 twenty-foot equivalent... Read more
Saudi Inflation Eases To 2.7% In March: GASTAT
RIYADH: Saudi Arabia’s inflation rate softened to 2.7 percent in March, against 3 percent recorded in February, primar... Read more
OPEC Keeps Outlook For 2023 World Oil Demand Unchanged
RIYADH: Keeping its forecast for global oil demand growth in 2023 unchanged at 2.3 million barrels per day or 2.3 perce... Read more
IMF Raises Saudi Arabias Growth Projection To 3.1% For 2023
RIYADH: The International Monetary Fund has raised its expectations for Saudi Arabia’s economic growth this year by 0.... Read more
Saudi ACWA Power To Develop $677m Desalination Project
RIYADH: Saudi energy firm ACWA Power has signed a water purchase agreement for the 600,000-cubic meter per day Rabig... Read more
Dubais Residential Market Reaches Record Highs In Q1: CBRE
RIYADH: Dubai property market continues to grow at an unprecedented rate, with the transaction volumes reaching record... Read more
Saudi Arabia Ranks 2nd In Global Study Of AI Awareness
RIYADH: Saudi Arabia ranks second globally for societal awareness of artificial intelligence, according to the 2023 Art... Read more
Money Supply In Saudi Arabia Rises 4.72% In Q1 Of 2023
RIYADH: Saudi Arabia’s money supply increased 4.72 percent during the first quarter of 2023, according to figures rele... Read more
Saudi Aviation Cements Pandemic Recovery With 82% Passenger Surge In 2022: GASTAT
RIYADH Air travel in Saudi Arabia is soaring thanks to an 82 percent surge in passengers to 88 million in 2022 compared ... Read more
OneWeb NEOM JV Becomes Member Of Digital Cooperation Organization
RIYADH: NEOM’s satellite company has joined a global multilateral body as it looks to play a part in acceleratin... Read more
Closing Bell: TASI Continues Downward Trend
RIYADH: After performing strongly for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index edged down for... Read more
Qatar Central Banks Auction Receives Bids Worth $2.7bn
RIYADH: Treasury bills and sukuk that were issued by the Qatar Central Bank on Thursday attracted 9.7 billion qatari riy... Read more