Saudi Arabia

Saudi achieves largest monthly trade balance surplus in 6 years

Non-oil exports increased by 27% to $7.4 billion

Saudi to cut airport charges by 35% amid continuing privatization

Airports to be granted flexibility to reduce charges below announced caps

Moody’s projects Saudi economy to grow at 3.9% by 2026

Supported by large fixed stock of oil reserves, stable financial system

Saudi: “We do not see oil shortage in market, only in refining capacity”

Saudi Foreign Minister Prince Faisal bin Farhan on official visit to Japan

Biden to announce $1 bn in food security funding at summit today

Saudi, US sign 18 agreements and cooperation memoranda 

King Salman, Biden discuss ways to strengthen Saudi-US relations

The Crown Prince and the US President shake hands with fists

Biden in Saudi this evening, oil production file in possession

America acquires 11% of Saudi foreign trade in 10 years

The PIF acquires about 17% of Aston Martin

The Public Investment Fund is betting on the future of the automotive and transportation

Saudi Arabia opens its airspace to all air carriers that meet requirements

It seeks to transform the Kingdom into a global hub for air travel

Inflation in Saudi Arabia rises to 2.3% in June

Food and beverage segment has the greatest impact

What was the occupancy rate for Saudi’s hotels in June?

In May, Jeddah reported its highest performance level since 2019

Saudi non-oil private sector gallops despite inflation

S&P: Upturn underlined by a robust increase in new business levels

Saudi, UAE allocate $9 bn to support citizens, tackle inflation

Allocations targeted several sectors including food and unemployment

Saudi appoints two women to senior roles in government

Royal orders included the appointment of two deputy governors of SAMA

Aramco, stc lead Tadawul’s single-stock futures trading

Single-stock futures will allow for more efficient portfolio risk management

Saudi’s Alamar sets final IPO price range at SAR 115 per share

The IPO order book was 47.5 times oversubscribed

Saudi embraces a new smart eco-friendly city

Alnama will have 100% renewable energy

Saudi’s jobless rate falls to lowest since 2008

It registered 10.1 percent at the end of Q1

New mega project in Saudi to attract 25 million visitors annually

Saudi planning to develop a trillion-dollar global tourism economy