business

Saudi Arabia: Fiscal Sustainability Program plan completed, a milestone achievement for Vision 2030

The program boosted non-oil revenues from SAR186 billion in 2016 to SAR458 billion in 2023

Gold demand surges YoY to record $382 billion, global investment up by 25 percent: Report

Central banks' strong purchases and high gold prices drove demand to a record high of 4,974 tons

Saudi Arabia’s debt capital market poised to exceed $500 billion by end of 2025: Report

Fitch has reaffirmed Kingdom's credit rating at A+ with a stable outlook

Riyadh and Jeddah to see 394,900 square meters of new lifestyle retail space by 2027: Report

Since 2021, Saudi Arabia’s lifestyle retail market has evolved significantly, driven by Vision 2030 ambitions

Alphabet shares slip after mixed Q4 results amid slowing cloud growth and $75 billion CapEx plans

The company’s advertising sector showed resilience, with revenue climbing to $72.4 billion

Oman’s broad money supply grows 11 percent to $64.5 billion

Currency issued fell 5.2 percent to OMR1.5 billion by November 2024 from OMR1.58 billion

GCC foreign inflows fall under $1 billion in January 2025 amid heightened investor selectivity: Report

Saudi topped net inflows at $694 million, followed by Kuwait at $133 million, UAE $115 million

Egypt’s non-oil private sector records best performance in 4 years with January PMI at 50.7

January's figure, highest since November 2020, rose due to improved market conditions and lower costs

Nissan shares plummet over 4 percent as $60 billion merger talks with Honda might be called off

Honda shares closed 8.2 percent higher, reflecting investor relief over the potential deal cancellation

‘The future is here’: Record-breaking Dubai Airshow returns this November with major aerospace advancements

The 19th rebranded edition will be held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum

Abu Dhabi to host AI Everything Global in 2026 as it aims to become first fully AI-powered government

Over 500 AI officers and tech executives will join 150 top investors managing $70 billion