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Saudi Construction Activity Surges 82% as PIF Takes a Back Seat and Private Investment Gains Momentum

Saudi construction growth has accelerated sharply in 2026 despite changes in government-backed project spending. Contractor awards reached $32 billion during the first half of...

Saudi Arabia Raises $3.25 Billion Through Two-Tranche Sukuk as Strong Investor Demand Supports 2026 Borrowing Plans

Saudi sukuk attracted strong investor interest as Riyadh raised $3.25 billion through a new two-tranche issuance. The latest transaction highlights Saudi Arabia’s continued access...

Saudi Construction Activity Surges 82% as PIF Takes a Back Seat and Private Investment Gains Momentum

Saudi construction growth has accelerated sharply in 2026 despite changes in government-backed project spending. Contractor awards reached $32 billion during the first half of...

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Saudi Construction Activity Surges 82% as PIF Takes a Back Seat and Private Investment Gains Momentum

Saudi construction growth has accelerated sharply in 2026 despite changes in government-backed project spending. Contractor awards reached $32 billion during the first half of...

Saudi-UAE Payment Delays Raise Costs for Businesses and Disrupt Cross-Border Trade

Payment delays between Saudi Arabia and the UAE are creating growing challenges for businesses. Companies now face longer transfers, additional checks, and higher transaction...

Saudi Arabia Raises $3.25 Billion Through Two-Tranche Sukuk as Strong Investor Demand Supports 2026 Borrowing Plans

Saudi sukuk attracted strong investor interest as Riyadh raised $3.25 billion through a new two-tranche issuance. The latest transaction highlights Saudi Arabia’s continued access...

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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...

Comoros Secures Energy Future with Murabaha Financing Boost

Comoros has taken a major step toward energy stability with a new financial agreement supported by Saudi Arabia. The International Islamic Trade Finance Corporation...

Saudi Arabia Boosts Private Jobs in Strong Growth Quarter

Saudi Arabia’s non-oil private sector saw significant growth between January and March 2025. As demand increased and business activity expanded, companies created jobs at...

Saudi Arabia’s Al Rajhi Bank Contributes 5.90 Million Riyals for Charity

Al Rajhi Bank has contributed a substantial 5.90 million riyals to this year's National Campaign for Charity Work. This was carried out as part...

Saudi Arabia Approves Over SR3bn Ramadan Aid to Beneficiaries

Saudi Arabia has approved a major initiative to support social security beneficiaries during Ramadan. The leadership of King Salman and Crown Prince Mohammed bin...

Saudi Real Estate Sector Booms Due to Population Growth, Tourism, and Reforms

Saudi Arabia’s real estate market is experiencing significant growth, driven by factors such as a rising population, increasing tourism, and favorable government reforms. These...

Saudi Arabia Confirms Four-Day Eid Al Fitr Holiday for Private Sector Employees

Saudi Arabia has officially announced a four-day break for private and non-profit sector employees in celebration of Eid Al Fitr. This decision allows workers...

Saudi Arabia’s Ramadan Hours Boost Business and Community Life

Ramadan hours bring big changes to Saudi Arabia’s daily routine. As fasting continues from sunrise to sunset, life shifts to the night. Businesses extend...