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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 Mortgage Market Shows Stronger Recovery as Lower Rates and Housing Initiatives Boost Demand

Saudi mortgage market activity is showing early signs of recovery after a weak first half of 2026. Lower borrowing costs are improving financing conditions...

Saudia Launches Up to 50% Off International Flights with Travel Deals Until December 10, 2026

Saudia flight discounts now offer travelers savings of up to 50 percent on selected international fares. The promotion covers Guest and Business Class journeys...

Saudi Arabia Achieves 89% Gaming Latency Improvement as IoT Subscriptions Reach 13.85 million

Saudi gaming performance has improved sharply, with latency falling across several of the Kingdom’s most popular electronic games. The improvement highlights continued progress in...

Maaden Revenue Rises 16% as Higher Gold and Aluminium Prices Boost Second-Quarter Results

Maaden revenue increased 16 percent in the second quarter of 2026. Higher commodity prices and stronger sales supported the Saudi mining company. Revenue reached SAR11...

Seera Revenue Rises 4% as Strong Hajj and Umrah Growth Offsets Decline in Corporate Travel Demand

Seera revenue increased during the second quarter of 2026 as stronger Hajj demand supported the Saudi travel company. The company also benefited from recovering...

Flynas Narrows Losses as Revenue Growth Helps Offset Lower Passenger Numbers

Flynas losses continued to improve as Saudi Arabia’s low-cost airline reduced its financial deficit despite fewer passengers during the first half of 2026. Flynas...

Saudi Energy Revenue Rises 11% as Customer Growth and Network Expansion Boost Earnings

Saudi Energy reported strong financial results during the first half of 2026 as higher customer numbers and continued infrastructure expansion supported business growth. Saudi...

Bahri Reports Strong Second-Quarter Earnings After Oil Shipping Revenue and Freight Rates Surge

Bahri Profit surged during the second quarter of 2026 as Saudi Arabia's national shipping company benefited from stronger oil transportation demand. The company also...

Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...

Mobily Explores Telecom Tower Sale in Early Discussions with Tawal

Mobily tower sale discussions have entered an early stage as the Saudi telecommunications company explores a potential transaction with Tawal. The possible deal could...

Saudi Banks Report Higher Profits Despite Slower Lending Growth

Saudi banks continued to deliver solid financial results during the first half of 2026. Saudi banks showed resilience despite slower credit expansion across the...

Saudi Consulting Market Shifts Toward Project Delivery as Demand Evolves

Saudi Consulting continues evolving as government priorities reshape demand across the Kingdom's advisory industry. Saudi Consulting firms now focus more on project delivery because...
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