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Saudi Arabia Industrial Output Rises in February on Mining and Oil Growth

Saudi Arabia’s industrial output growth accelerated in February, reflecting strong performance in mining and manufacturing sectors. The Industrial Production Index reached 114.6, up from...
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Gulf Banks Face Q1 2026 Profit Challenges Amid Regional Conflicts

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Arab Economies Face Massive Losses Amid West Asia Conflict, Trade Disruptions, and Rising Unemployment

Arab economies’ losses are worsening as the ongoing conflict in West Asia continues to affect trade, jobs, and growth. According to UN analysts, these...
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Riyadh Evacuation Alert: KAFD Cleared Amid Potential Iranian Missile and Drone Threats

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Saudi Arabia Industrial Output Rises in February on Mining and Oil Growth

Saudi Arabia’s industrial output growth accelerated in February, reflecting strong performance in mining and manufacturing sectors. The Industrial Production Index reached 114.6, up from...

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Saudi Arabia Industrial Output Rises in February on Mining and Oil Growth

Saudi Arabia’s industrial output growth accelerated in February, reflecting strong performance in mining and manufacturing sectors. The Industrial Production Index reached 114.6, up from...

Gulf Banks Face Q1 2026 Profit Challenges Amid Regional Conflicts

Gulf banks earnings are facing challenges in the first quarter of 2026 due to regional conflicts and shrinking lending margins. Analysts expect year-on-year declines...

Arab Economies Face Massive Losses Amid West Asia Conflict, Trade Disruptions, and Rising Unemployment

Arab economies’ losses are worsening as the ongoing conflict in West Asia continues to affect trade, jobs, and growth. According to UN analysts, these...

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Saudi Stock Market Ends Lower as Zain KSA Signs Financing Deal

The Saudi stock market closed marginally lower, reflecting cautious investor sentiment despite several upbeat corporate announcements. The Tadawul All Share Index declined 6.92 points,...

Saudi Arabia Sukuk Issuance Soars as Banks Bridge Liquidity Gap

Saudi banks are experiencing an unprecedented surge in sukuk issuance this year. From January through mid-September, volumes reached $10.5 billion, nearly doubling last year’s...

Saudi Economy Shows Strength and Resilience

Crown Prince Mohammed bin Salman opened the new session of the Shoura Council on behalf of King Salman. During his speech, he underlined the...

Saudi Industrial Production Rises in July 2025

Saudi Arabia’s industrial production index increased by 6.5% in July 2025 compared to the same month last year. Moreover, the results reflect strong growth...

Saudi Arabia Migrant Workers Face Wage Theft Linked to Aramco Projects

Hundreds of migrant workers employed by Sendan International reported unpaid salaries for up to eight months. The workers, including those on Aramco project sites,...

Saudi Arabia’s GDP Rises on Non-Oil Sector Growth

Saudi Arabia GDP increased 3.9 percent in the second quarter, driven mainly by robust non-oil sector performance. This growth continues the Kingdom’s expansion streak...

Saudi Stock Market Slips as Tadawul Index Ends at 10,619

The Riyadh bourse ended lower as the Tadawul All Share Index slipped 48.34 points to 10,619.10. The benchmark fell 0.45 percent, signaling investor caution....

Saudi Sukuk Issuance Jumps to $1.42bn as Investor Demand Strengthens

Saudi Arabia’s National Debt Management Center announced it raised SR5.31 billion ($1.42 billion) through its riyal-denominated sukuk program. Moreover, this figure represented a 5.8...

Saudi Capital Restructuring Puts Petro Rabigh on Recovery Path

Saudi capital restructuring is reshaping Petro Rabigh as the company pursues financial recovery. The refining and petrochemical giant announced a bold plan to stabilize...

Saudi Media Deal Set to Transform MENA Advertising Market

Saudi Arabia’s SMC Group has renewed its strategic partnership with beIN Media Group, securing an exclusive role in managing advertising sales across 23 MENA...

Saudi Arabia’s non-oil growth stays strong in July

The Saudi private sector continued to grow steadily in July. Despite a slight dip in the PMI, business activity remained firm. The Purchasing Managers'...

Saudi Arabia Rolls Out VAT Refund to Supercharge Retail Tourism

Saudi Arabia introduced a new VAT refund program to improve the travel experience for international tourists. This VAT credit for tourists offers full reimbursement...
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