RIYADH: Shedding light on the Kingdom’s economic performance, Saudi finance minister said the country’s gross domestic product has increased by more than 15 percent since…
View More Al-Jadaan calls to optimize economic plans to withstand global shocksCategory: Business
Saudi Arabia’s ICT spending surges 20% to $11bn
RIYADH: Saudi Arabia has witnessed a 20 percent year-on-year increase in government spending on information and communications technology in 2023, reaching SR41.87 billion ($11.16 billion),…
View More Saudi Arabia’s ICT spending surges 20% to $11bnSaudi benchmark index closes in green with $1.8bn trade volume
RIYADH: Saudi Arabia’s Tadawul All Share Index wrapped up Monday’s trading session at 12,259.60 points, witnessing an increase of 42.55 points, or 0.35 percent. Nomu, the parallel market, ended the day at 26,859.37 points,…
View More Saudi benchmark index closes in green with $1.8bn trade volumeOman’s public debt slightly declines to $39bn
RIYADH: Oman’s public debt stood at 15.1 billion Omani rials ($39.23 billion) by the end of March, marking a slight decrease from 15.3 billion rials…
View More Oman’s public debt slightly declines to $39bnRiyadh set to host GREAT Futures Initiative Conference
RIYADH: The GREAT Futures Initiative Conference is set to begin on Tuesday in King Abdullah Financial District with the mission of enhancing economic relations between Saudi Arabia and the…
View More Riyadh set to host GREAT Futures Initiative ConferenceSaudi EXIM Bank and SNB sign 2 agreements to boost non-oil exports
RIYADH: Saudi exporters are set to gain better access to credit facilities and risk coverage with the signing of two agreements between leading banks designed…
View More Saudi EXIM Bank and SNB sign 2 agreements to boost non-oil exportsClosing bell: Saudi main index slips to close at 12,217
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 67.36 points, or 0.55 percent, to close at 12,217.05. The total trading turnover of…
View More Closing bell: Saudi main index slips to close at 12,217Saudi Arabia’s date sector sees 13.7% export growth in Q1, 2024
RIYADH: Saudi Arabia’s palm and dates sector is experiencing significant growth, with exports increasing by 13.7 percent in the first quarter of 2024 compared to…
View More Saudi Arabia’s date sector sees 13.7% export growth in Q1, 2024Saudi NHC teams up with Chinese firm to construct 20k residential units
RIYADH: Residential supply is set to improve as the Saudi National Housing Co. and China Machinery Engineering Corp. signed a deal to build 20,000 units in the…
View More Saudi NHC teams up with Chinese firm to construct 20k residential unitsGCC prioritizes economic diversification for sustainable growth, says official
RIYADH: The Gulf Cooperation Council aims to reduce reliance on oil revenues by implementing a comprehensive vision for economic diversification, as emphasized by its Secretary-General,…
View More GCC prioritizes economic diversification for sustainable growth, says official