Saudi Arabia

Saudi Arabia Posts 5% Economic Growth in Third Quarter

Saudi Arabia achieved significant Saudi economic growth in the third quarter, driven by both...

BP Invests Billions to Boost Iraq’s Northern Oil and Gas Production

British oil giant BP has launched a major plan to enhance northern Iraq energy development,...

Bahrain Braces for Moderate Weather with Strong Winds and Rising Dust

The Meteorology Directorate has forecasted moderate weather conditions for today in Bahrain. Some areas...

Qatar Tax Filing Reminders for All Businesses

The General Tax Authority in Qatar urges all registered taxpayers to complete their Qatar...

Saudi Trade Authority Chief Meets Rwanda’s Ambassador to Boost Economic Ties

Riyadh: Mohammed Abdul Jabbar, acting governor of the Saudi General Authority of Foreign Trade, met with Rwanda’s Ambassador to Saudi Arabia, Segore Kayihura, on Wednesday...

Saudi Arabia’s Growing Role in Games and Esports

Saudi Arabia’s ambition to become a global leader in the games and esports sector is evident. The country’s strategy aims to invest in the...

Real Estate Financing Hits Record $236 Billion in Saudi Arabia

Saudi Arabia’s real estate sector is experiencing unprecedented growth, with financing reaching SR883.3 billion ($236 billion) by the end of 2024. This increase highlights...

Civil Defense Warns of Heavy Rain Across Saudi Arabia

RIYADH – The General Directorate of Civil Defense has issued a warning about heavy rain in multiple Saudi regions, urging residents to take precautions. The...

Saudi Ministry Promotes Local Products for Sustainability and Growth

RIYADH – The Ministry of Environment, Water, and Agriculture is urging consumers to support local products for sustainability. By choosing locally sourced food, Saudi citizens...

Art Week Riyadh to Celebrate Saudi Arabia’s Dynamic Cultural Scene

RIYADH: The Visual Arts Commission has announced the curatorial team for the inaugural Art Week Riyadh, scheduled to take place from April 6 to...

Closing Bell: Saudi Indices Close in Green

RIYADH: Saudi Arabia’s Tadawul All Share Index (TASI) ended on a positive note on Monday, gaining 88.36 points, or 0.73 percent, closing at 12,123.81....

Monsha’at Report Highlights Sustainable Growth Among Saudi and Global SMEs

Monsha’at, the Saudi Arabia Small and Medium Enterprises (SMEs) General Authority, has released its latest quarterly SME Monitor, offering a detailed analysis of emerging...

Saudi Banks Report $2.2bn Profit Surge in January

Saudi banks experienced strong financial results in January, with aggregate profits increasing by 16% year-on-year to reach SR8.14 billion ($2.17 billion), according to the...

Saudi Arabia Leverages Regenerative Tourism to Blend Luxury with Sustainability

As global tourism faces increasing scrutiny for its environmental impact, Saudi Arabia is pioneering a new approach to travel — regenerative tourism. This philosophy goes...

Saudi Arabia Leads GCC in Debt Issuances with $147.9 Billion in 2024

Primary debt issuances across the Gulf Cooperation Council (GCC) region surged by 55.1% in 2024, reaching a total of $147.9 billion. This growth, highlighted...

Saudi Arabia Boosts Halal Industry Leadership with 13 Agreements at Makkah Forum

JEDDAH: Saudi Arabia strengthened its position as a leader in the global halal industry with the signing of 13 strategic agreements at the second...

Saudi Arabia Records SR44.89 Billion Trade Surplus in Q4 2024 Amid Strong Growth in Non-Oil Exports

RIYADH: Saudi Arabia achieved a trade surplus of SR44.89 billion ($11.97 billion) in the fourth quarter of 2024, driven by a notable 17.3 percent...

Saudi Arabia’s Public-Private Partnerships Propel Economic Growth and Vision 2030 Goals

JEDDAH: Public-private partnerships (PPPs) are playing a pivotal role in Saudi Arabia’s economic transformation. They are driving foreign direct investment and fostering sustainable growth,...

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