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Saudi Business Confidence Holds at 56.6 in September as Industrial Optimism Strengthens Despite Regional Uncertainty

Saudi Business Confidence remained stable in September, highlighting continued optimism across the Kingdom's economy. The Business Confidence Index (BCI) reached 56.6, compared with 56.7...
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Saudi Non-Oil Economy Gains Strength as Banks Seek New Funding for Growth

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Saudi Mortgage Market Strengthens as SRC and Banque Saudi Fransi Sign Third Portfolio Deal

The Saudi mortgage market is gaining further support through a new residential portfolio agreement. Saudi Real Estate Refinance Co. has signed its third portfolio...
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GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

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Saudi Business Confidence Holds at 56.6 in September as Industrial Optimism Strengthens Despite Regional Uncertainty

Saudi Business Confidence remained stable in September, highlighting continued optimism across the Kingdom's economy. The Business Confidence Index (BCI) reached 56.6, compared with 56.7...

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Saudi Business Confidence Holds at 56.6 in September as Industrial Optimism Strengthens Despite Regional Uncertainty

Saudi Business Confidence remained stable in September, highlighting continued optimism across the Kingdom's economy. The Business Confidence Index (BCI) reached 56.6, compared with 56.7...

Saudi Non-Oil Economy Gains Strength as Banks Seek New Funding for Growth

Saudi Arabia’s non-oil economy continues to build resilience despite rising fiscal pressures and growing funding needs. The government recorded a SR160 billion deficit during...

Saudi Mortgage Market Strengthens as SRC and Banque Saudi Fransi Sign Third Portfolio Deal

The Saudi mortgage market is gaining further support through a new residential portfolio agreement. Saudi Real Estate Refinance Co. has signed its third portfolio...

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Saudi Arabia Sees Sharp Rise in Gold Jewellery Demand in 2025

The Saudi gold jewellery trend continued to grow strongly during the first quarter of 2025. Despite high gold prices, shoppers in Saudi Arabia kept...

Saudi Arabia and Qatar Settle Syria’s World Bank Arrears to Boost Reconstruction

The World Bank support for Syria have decided to jointly pay Syria’s $15 million debt to the World Bank. This move unlocks critical World...

Qatar and Saudi Arabia Deepen Strategic Cooperation in Doha

Qatar and Saudi strategic cooperation gained momentum this week during high-level talks in Doha. On Tuesday, leaders from both nations gathered to strengthen bilateral...

Saudi Arabia Sees Big Opportunity for AI-Powered PCs

Saudi Arabia is seeing a major opportunity in the market for AI-powered PCs. A new survey revealed that only six per cent of people currently...

Saudi Credit Facilities Expand to Boost Non-Oil Exports

Saudi Arabia is scaling up its efforts to support global trade. As part of this, Saudi credit facilities more than doubled recently. This growth...

Saudi Arabia Strengthens Media Growth with New Leadership

Saudi Arabia is taking bold steps to grow its media sector with a strong focus on trusted media solutions. In this context, the country has...

Saudi Islamic finance drives strong global growth

Saudi Arabia continues to lead in global Islamic finance. The Saudi Islamic finance market is growing fast, backed by Vision 2030. Strong sukuk activity...

Saudi Arabia Tourist VAT Refund Begins

Saudi Arabia now allows tourists to claim back the 15% Value Added Tax (VAT) they pay during their visit. The Saudi Arabia VAT refund system, launched...

Saudi Arabia IP Reforms Boost Global Innovation Ranking

Saudi Arabia IP reforms continue to strengthen the Kingdom’s position in the global innovation landscape. The country recently moved up in the Global Intellectual...

Saudi Arabia Leads GCC Fixed Income Market in Q1 with Strong Debt Issuance

Saudi Arabia bonds dominated the GCC fixed income market in the first quarter. The Kingdom raised $31.01 billion from 41 bond and sukuk deals,...

Quiqup Expands Logistics Network to Saudi Arabia

Quiqup expands logistics network again, and this time Saudi Arabia takes center stage. The UAE-based logistics company launched its core services in the Kingdom....

Saudi E-commerce Sales Jump 45% in January, Surpassing $5.5bn

In January 2025, Saudi Arabia e-commerce growth hit a record 45%, surpassing $5.5 billion in total sales. This rise highlights the country’s rapid move...
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