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Saudi Unemployment Rate Falls to Historic Low in Q1 2025

As reported by the General Authority for Statistics, the combined unemployment rate encompassing both Saudi citizens and expatriates in the Kingdom has declined to...
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Saudi Arabia Opens Airspace to Over 1,300 Daily Flights During Regional Crisis

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Kiswa of the Kaaba Replaced in Saudi Arabia to Begin Islamic Year 1447

Saudi Arabia began the Islamic year 1447 AH with the ceremonial replacement of the Kiswa of the Kaaba in Makkah. Meanwhile, the General Presidency...
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Saudi Arabia’s Non-Oil Exports Surge by 24.6% Despite Trade Surplus Decline

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Saudi Unemployment Rate Falls to Historic Low in Q1 2025

As reported by the General Authority for Statistics, the combined unemployment rate encompassing both Saudi citizens and expatriates in the Kingdom has declined to...

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Saudi Unemployment Rate Falls to Historic Low in Q1 2025

As reported by the General Authority for Statistics, the combined unemployment rate encompassing both Saudi citizens and expatriates in the Kingdom has declined to...

Saudi Arabia Opens Airspace to Over 1,300 Daily Flights During Regional Crisis

Saudi Arabia opens airspace to over 1,300 daily flights during regional crisis, responding quickly to the sharp rise in transit traffic. As tensions escalated...

Kiswa of the Kaaba Replaced in Saudi Arabia to Begin Islamic Year 1447

Saudi Arabia began the Islamic year 1447 AH with the ceremonial replacement of the Kiswa of the Kaaba in Makkah. Meanwhile, the General Presidency...

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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,...

Saudi Arabia Maintains Stability Amid External Debt Growth

Saudi external debt growth continues to show strength as external debt rises. The increase comes as part of the nation’s Vision 2030 push, which...

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...

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 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...

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...
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