Saudi Arabia

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

Saudi attracts $1.97 bn FDI in Q1

Inflows rose 9.5% compared to the same period in 2021

The Saudi Cabinet approves a series of new laws

Companies Law facilitates establishment of organizations, encourages bold investment

Saudi banking sector Q1 net profit increases 22.83%: KPMG

The banking industry showed a resurgence with an increase in profit of 40.15%

Saudi invests SAR 12.75 bn in vaccines, vital medicines

Saudi's vital sector is estimated to have a yearly worth of $2 bn

SABIC launches program to develop EV technology

With a focus on structural battery performance

Saudi Crown Prince-Erdogan meeting: agreement to develop cooperation

Trade exchange during 5 years amounted to about 103 billion riyals

Final statement of the IMF mission: The economic prospects for Saudi positive

The Fund expects the Kingdom's GDP to grow by 7.6% this year

The Crown Prince in Jordan.. Saudi the largest investor with $14 billion

The Saudi-Jordanian Fund is a leap in promoting joint investments

Saudi’s Ministry of Human Resources registers SAR34.7 bn in revenues

Revenue from expatriate fees amounted to 6.86 billion riyals

Saudi’s Alamar IPO: Offering price range set between 103, 115 riyals

Alamar to raise about 1.2 billion riyals by offering some shares on Tadawul

Saudi first to join Amazon’s entrepreneurial program

The program aims to establish logistics start-ups