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The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region
The number of transactions via Mada cards exceeded 370 million during the quarter
Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar
Employment levels surged sharply, marking the fastest rate of job creation since May 2011
Under the theme “The Future of Urban Living,” the event is sponsored by MOMAH and REGA, organized by Tahaluf
Bilateral trade between the two nations reached $ 31.5 billion during the past five years
The Kingdom's oil exports rose by 450,000 bpd in June, reaching 6.33 million bpd
Another agreement was signed with Algeria to combat organized crime and enhance security cooperation
98 percent of employers in the Kingdom adopting skills-based hiring practices
Saudi Arabia's aggregate loan-to-deposit ratio rose to 106.1 percent, the highest in recent quarters
The Fund announced 25 percent revenue increase driven by major portfolio companies
Kingdom's dynamic environment attracts significant capital from global institutional investors, who are moving away from Grade B/C warehouses
The Saudi Authority for Intellectual Property led efforts to enhance the IPR enforcement ecosystem.
The unemployment rate among Saudi citizens in the first quarter of 2025 reached 6.3 percent
The Kingdom is diversifying its economy with strategic investments in tourism, entertainment, and technology sectors
The project is a key component of the UAE’s long-term strategy to diversify and modernize its energy infrastructure, in alignment with the UAE Energy Strategy 2050
Exports totaled $24.1 billion, showcasing resilience in the trade sector
Total public spending in GCC countries is projected to reach $542.1 billion in 2025
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
The sukuk issuance was divided into five tranches, each with different maturities and sizes
Non-oil growth indicates positive trends across various economic sectors in Saudi Arabia for 2024
June 2025 pension payments total AED834,511,656.49, reflecting a significant increase from last year
Streamlining procedures eliminates re-screening, reducing wait times and optimizing airline scheduling efficiency
This incentive program is designed to enable the domestic production of goods that are not yet manufactured in Saudi Arabia
