Tag: economic growth

Spanning over 14 centuries, Saudi Arabia's pivotal role in Islamic pilgrimage has drawn countless faithful to its revered cities of ...

On the 12th of June, 2024, the Group of Twenty (G20) reported a modest rise in collective gross domestic product ...

Separated by vast distances, the arid landscape of Saudi Arabia and the verdant expanses of Brazil are drawing closer on ...

Riyadh Witnesses a Rise in Expatriate Remittances by 14 Percent In April, expatriate remittances in Saudi Arabia experienced a notable ...

In the midst of strategic advancements and upcoming global events such as Expo 2030, Saudi Arabia boasts an impressive $1.5 ...

The financial landscape in Saudi Arabia has experienced significant growth, with finance companies reporting a 13 percent increase in total ...

Saudi Arabia is poised for a major expansion in entertainment amenities, as the Ministry of Investment has partnered with Nowaar ...

Saudi Arabia Takes the Helm in Worldwide Construction Endeavors - With a staggering $1.5 trillion worth of projects yet to ...

The Kingdom of Saudi Arabia's real gross domestic product (GDP) witnessed an uplift of 1.4 percent in the opening quarter ...

The embrace of open banking by Saudi Arabia has significantly reshaped the financial sector landscape in the region, according to ...

As Saudi Arabia's aviation sector takes center stage, the nation has proudly disclosed its inaugural

The Saudi Venture Capital Company (SVC), under the umbrella of the Small and Medium Enterprises Bank (SME), has disclosed a ...

The Saudi Civil Aviation Authority is poised to present a strategic blueprint for General Aviation during the Future Aviation Forum ...

Riyadh's General Authority of Civil Aviation (GACA) is preparing to unveil an ambitious strategy for the General Aviation sector during ...

The total liquidity within the Saudi Arabian financial system has experienced a significant upswing, amassing over SAR 2.823 trillion (approximately ...

Saudi Arabia is placing a significant emphasis on enhancing investments from the private sector within its manufacturing industry, riding on ...

Saudi Arabia has been commended by a United Nations body for its comprehensive legal infrastructure and robust antitrust legislation. The ...

The Saudi Arabian economy demonstrated robust financial health as the liquidity levels soared by the close of March 2024, surpassing ...

Ant International, a leading digital payment and FinTech company based in Singapore, has recently signed a Memorandum of Understanding (MoU) ...

The inauguration of a new business council marks a significant step forward in strengthening economic bonds between Saudi Arabia and ...

Saudi Arabia has reported a first-quarter budget shortfall of 12.4 billion riyals ($3.30 billion), the Finance Ministry announced, citing elevated ...

In a recent financial assessment, Saudi Arabia has reported a notable 9 percent increase in non-oil sector revenues, reaching SR111.51 ...

On a bustling street in Riyadh, the capital of Saudi Arabia, the flow of vehicles on February 16, 2021, hinted ...

In April, the non-oil business sector in Saudi Arabia displayed a consistent pace of growth, in spite of a deceleration ...

Saudi Arabia's non-oil private sector showcased continued growth in April, propelled by robust demand within the domestic markets, as a ...

According to the World Bank's Chief Economist for the Middle East and North Africa (MENA) region, Roberta Gatti, Saudi Arabia's ...

With the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and Prime Minister of ...

In observance of International Mother Earth Day on April 22, Saudi Arabia is making significant strides in combating climate change, ...

Foreign direct investors often gauge potential opportunities by examining a country's economic growth rate. In this regard, Saudi Arabia has ...

The Saudi Fund for Development (SFD) has recently formalized a financial support pact with the Oman Development Bank (ODB), dedicating ...