Saudi Arabia

Saudi finance companies sector reports 13 percent growth in total assets, reaching $17.1 billion in 2023

The paid-up share capital for the finance companies sector increased by 6 percent to reach $4.13 billion

Oil prices dip ahead of key Fed meeting, U.S. inflation data release

Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel

Beyond payments: How Mastercard is fueling transformation and driving inclusion

Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region

Rise of affordable housing to boost MENA’s real estate sector

Transforming the region with accessible and sustainable living solutions

Green finance is funding sustainable progress in MENA

Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023

Kuwait new energy strategy takes off but oil still dominates

Revival of projects in the energy sector key to the country’s development

Arab economies projected to grow by 3.3 percent in 2024 as inflation declines: Report

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

MENA investments likely to rise as interest rates decline in 2024, boosting IPOs and M&A deals: Report

UAE and Saudi Arabia's startups to continue taking center stage in dealmaking this year

Oil prices rise as OPEC+ maintains cuts, but demand concerns linger

Brent oil futures expiring in August gained 0.3 percent to $81.33 per barrel

Residential Q1 sales transactions up by 77 percent year-over-year in Riyadh

Prime office rents in Riyadh rose 14.5 percent, while Grade A and B rents increased 11.8 percent and 10.3 percent

Saudi banks see 11 percent increase in loans in April, surpassing $715 billion driven by corporate activities

Personal loans constituted 47 percent of banks' total lending, while corporate loans made up the remaining 53 percent

Lucid and EVIQ collaborate to establish high-speed EV charging infrastructure in Saudi Arabia

The move will facilitate easier access to charging solutions and support the wider adoption of EVs