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By exercising the greenshoe option, Aramco raised an additional $1 billion from the listing
Kingdom accounts for 54 percent of the region's VC investments, a significant increase from its 38 percent share in 2023
Riyadh topped the regions in Saudi Arabia for issuing e-commerce records, with 16,535 commercial records
Aramco's bond issuance began on July 9 and will end on July 17
flynas already connects Egypt to Saudi Arabia with more than 120 weekly direct flights
The partnership aligns with Saudi Vision 2030’s goals of digital transformation and economic diversification
Cumulatively, banks recorded a total profit of $9.27 billion in the first five months of 2024
E-commerce saw a 17.47 percent yearly increase, reaching 40,697 registrations
The first batch of clubs includes Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba, and Al-Kholood
The investment includes $100 million in five-year convertible debentures and $400 million in a five-year loan
Services exports in the three months to the end of March hit $15.64 billion, the second-highest quarterly figure on record
Since its launch, KSrelief launched more than 7,000 humanitarian projects with a total value of $129.68 billion in 169 countries
Outbound travelers from the Kingdom spent an estimated $5.59 billion
In a list of 311 cities, Abu Dhabi has ranked highest on the safety index (88.2) and lowest on the crime index (11.8)
The fund swung to a profit of $36.81 billion in 2023, after posting a loss of $15.6 billion a year earlier
In the Eastern Province, two unconventional oil fields were found - Al-Ladam and Al-Farouq
Remittances to the Middle East and North Africa (MENA) region declined by 15 percent to $55 billion in 2023
This growth underscores Saudi Arabia's continued appeal to international investors
This represents a 36 percent increase compared to the surplus of $8.1 billion recorded last year
The sports and entertainment industry in the Kingdom grew at an annual pace of 12 percent between 2018 and 2023
MC4 was sold in 2021 to a group made up of Al Othaim Markets, Allana International, and United Feed Manufacturing Company
The Saudi oil giant produced an average of 12.8 million barrels of oil per day in 2023
The sector recorded more than 280,000 transactions since the beginning of 2024
The total volume of sukuk and bonds in Saudi Arabia increased by 5.73 percent during the third quarter of 2023
