Saudi Arabia

Saudi Arabia’s mineral wealth estimated at $2.4 trillion

Saudi Arabia’s mineral wealth estimated at $2.4 trillion

Exploitation licenses in the Kingdoms mining sector soared by 138 percent

Oil prices hold near four-and-a-half month high on reduced exports, market caution

Oil prices hold near four-and-a-half month high on reduced exports, market caution

Surging prices fueled by refinery activity, China demand, and Middle East disruptions

Saudi Arabia’s banks experience boost in profits with 3.1 percent increase in net interest margin

Banking & Finance

Saudi Arabia’s banks experience boost in profits with 3.1 percent increase in net interest margin

The operating income grew by 9.5 percent

Saudi Arabia’s tourism sector attracts $13 billion in investments, eyes $85 billion in revenue

Hospitality & Tourism

Saudi Arabia’s tourism sector attracts $13 billion in investments, eyes $85 billion in revenue

Kingdom positions itself as a premier travel destination with ambitious growth plans

Economic and social reforms bolster Saudi Arabia’s stable credit ratings: Report

Economic and social reforms bolster Saudi Arabia’s stable credit ratings: Report

The non-oil sector investment is key to sustaining 3.3 percent annual GDP growth over 2024-2027, the report says

Moody’s affirms stable outlook for Bahraini banks amid non-oil growth

Moody’s affirms stable outlook for Bahraini banks amid non-oil growth

Non-oil economic growth in Bahrain is projected to remain stable at 3.2 percent

Saudi Arabia’s non-oil economy reaches 50 percent of real GDP

Saudi Arabia’s non-oil economy reaches 50 percent of real GDP

Private investment and robust exports drive record-breaking expansion

Investments in 11,670 Saudi factories reach $410 trillion by January

Investments in 11,670 Saudi factories reach $410 trillion by January

A total of 152 new industrial licenses were issued in January

Housing costs propel Saudi Arabia’s inflation to 1.8 percent in February

Housing costs propel Saudi Arabia’s inflation to 1.8 percent in February

Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY

Booming hospitality, transport, and arts sectors fuel Saudi Arabia’s business growth in 2023

Booming hospitality, transport, and arts sectors fuel Saudi Arabia’s business growth in 2023

The ministry of commerce reported an increase in commercial registrations across various sectors

Saudi Arabia’s PIF inches closer to $1 trillion in assets

Saudi Arabia’s PIF inches closer to $1 trillion in assets

Strategic acquisitions and diversification drive growth trajectory

Construction begins on Al-Urubah Park, Riyadh’s largest green space project

Construction begins on Al-Urubah Park, Riyadh’s largest green space project

More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area