Economics
New Contractor Financing Program launched
Further consolidating status as one of the top three global cities for business and leisure
Fed paving way for lower interest rates
Classification reflects Kingdom's robust external financial strength
Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector
Money supply (M2) grew by 19.92 percent year-on-year in December 2023
Total disbursements reach approximately $40.6 billion under IMF arrangement
Gap widened between Egyptian pound's official and parallel markets rates
Inflation target remains key focus
New company to help turn Kingdom into electronics, advanced industries hub
Annual profits plummeted 52 percent
Four panel discussions, 200+ leaders and professionals
Central banks' record gold buying drives demand to new heights
Powell: Long way to go on inflation
Kingdom's economy achieved a growth rate of 8.7 percent in 2022
H.E. Bin Touq participates in London Stock Exchange’s market close ceremony
Fund raised concerns about risks posed by Red Sea attacks and ongoing conflict
Carrying out 1.8 million transactions
A total of 25,647 new economic licenses were issued in 2023
Can an agreement with IMF be expected?
Part of strategy to diversify financing options by targeting multiple markets
Favorable local indicators drive positive outcome
