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Gulf Banks 2025 Rankings Spotlight Top Gulf Financial Institutions

The Gulf Banks 2025 rankings project is rapidly gaining attention throughout the Gulf Cooperation Council (GCC) region. This ambitious initiative evaluates over 60 banks...

POS Spending Surges in Saudi Arabia Before Eid

POS spending in Saudi Arabia rose sharply before Eid, climbing 33% to SR15.5 billion. This surge in transactions reflects a strong rise in consumer...

Gulf Banks 2025 Rankings Spotlight Top Gulf Financial Institutions

The Gulf Banks 2025 rankings project is rapidly gaining attention throughout the Gulf Cooperation Council (GCC) region. This ambitious initiative evaluates over 60 banks...

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Gulf Banks 2025 Rankings Spotlight Top Gulf Financial Institutions

The Gulf Banks 2025 rankings project is rapidly gaining attention throughout the Gulf Cooperation Council (GCC) region. This ambitious initiative evaluates over 60 banks...

Saudi Insurance Market Mergers to Accelerate Amid Regulatory Push

Saudi insurance market mergers to accelerate as new regulations tighten capital requirements and intensify competition. Fitch Ratings expects faster consolidation across the sector. The Saudi...

POS Spending Surges in Saudi Arabia Before Eid

POS spending in Saudi Arabia rose sharply before Eid, climbing 33% to SR15.5 billion. This surge in transactions reflects a strong rise in consumer...

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Gulf Banks 2025 Rankings Spotlight Top Gulf Financial Institutions

The Gulf Banks 2025 rankings project is rapidly gaining attention throughout the Gulf Cooperation Council (GCC) region. This ambitious initiative evaluates over 60 banks...

Saudi Insurance Market Mergers to Accelerate Amid Regulatory Push

Saudi insurance market mergers to accelerate as new regulations tighten capital requirements and intensify competition. Fitch Ratings expects faster consolidation across the sector. The Saudi...

POS Spending Surges in Saudi Arabia Before Eid

POS spending in Saudi Arabia rose sharply before Eid, climbing 33% to SR15.5 billion. This surge in transactions reflects a strong rise in consumer...

Saudi Arabia Retail Growth Pushes Riyadh Mall Rents Higher

Saudi Arabia retail growth continues to accelerate, especially in Riyadh. Rising demand pushes mall rents up by 4 percent in just one year. Riyadh holds...

Non-oil exports in Saudi Arabia jump 13.4%

Nonoil exports in Saudi Arabia rose sharply in the first quarter of the year. The General Authority for Statistics (GASTAT) revealed a 13.4% increase...

Saudi Arabia Expat Remittances Surge with Digital Transfer Growth

Saudi Arabia expat remittances jumped to $4.13 billion, reaching their highest level in nearly nine years. This rise shows strong financial activity by foreign...

Saudi POS Transactions Stay Above $3 Billion

Saudi POS transactions stayed strong, holding above $3 billion for a second week. Despite a drop in weekly totals, spending remained high, according to...

Saudi GCC Market Growth Hits $4.2tn

Saudi Arabia continues to play a central role in driving strong regional market gains. Recently, Saudi GCC market growth pushed total capitalization beyond $4.2...

Saudi Non-Oil Sector Growth Remains Strong

Saudi non-oil sector growth remained strong as the private economy continued expanding across industries. The Riyad Bank Purchasing Managers’ Index (PMI) registered 55.6, signaling...

Saudi Lending Growth Reaches Record as Corporate Credit Drives Expansion

Saudi Arabia’s banking sector continues to expand at a strong pace. Total bank credit has reached SR3.1 trillion, equal to $827 billion. As a...

Saudi Arabia Lifts Cabotage for Charter Flights

Saudi Arabia cabotage for charter flights has taken a major step in boosting its aviation sector by removing cabotage restrictions. This move allows international charter...

GCC tax shift drives fiscal sustainability

The GCC tax shift marks a new era in the region’s economic strategy. Gulf countries now prioritize fiscal stability and long-term growth. Previously known for low taxes,...