Saudi Arabia
The Kingdom emerged among West Asia's top recipients
The chemicals sector accounted for 52.4 percent of the total
Türkiye recorded the highest growth at 2.4 percent in Q1 of 2024 followed by India at 1.9 percent
Aramco to purchase 1.2 MTPA of LNG from NextDecade's Rio Grande Terminal under proposed agreement
The GCC hospitality sector's revenue is expected to reach $48.1 billion by 2028
The ban applies to private sector establishments and aims to protect workers from heat risks during the hottest hours
The paid-up share capital for the finance companies sector increased by 6 percent to reach $4.13 billion
Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel
Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region
Transforming the region with accessible and sustainable living solutions
Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023
Revival of projects in the energy sector key to the country’s development
The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
UAE and Saudi Arabia's startups to continue taking center stage in dealmaking this year
Brent oil futures expiring in August gained 0.3 percent to $81.33 per barrel
Prime office rents in Riyadh rose 14.5 percent, while Grade A and B rents increased 11.8 percent and 10.3 percent
Personal loans constituted 47 percent of banks' total lending, while corporate loans made up the remaining 53 percent
The move will facilitate easier access to charging solutions and support the wider adoption of EVs
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market
E-commerce and retail sector retained its position as the leading industry in Saudi Arabia's venture landscape
Privatization of state-related entities to support the initial phase of regional IPO growth
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
