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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 Arabia Real Estate Prices See Steady Growth

Saudi Arabia's real estate market maintained steady momentum in the second quarter. Moreover, Saudi Arabia real estate prices rose 3.2 percent year on year....

Saudi Arabia’s SABIC Suffers $1B Loss as IPO Strategy Takes Shape

Saudi Arabia’s leading chemical company, SABIC, has recorded another unexpected quarterly loss. This marks the third straight quarter of financial setbacks for the firm....

Saudi POS Spending Holds Strong as Education and Hotels Lead Growth

Saudi Arabia recorded strong consumer activity, with Saudi POS spending reaching $3.16 billion during the latest reporting week. Although overall activity dipped slightly, this...

Saudi POS Spending Holds Strong for Fourth Week

Saudi Arabia continues to display strong economic momentum as POS spending trends remain above $3 billion for the fourth week. This consistent level suggests...

Saudi Arabia Launches New Airline to Boost Air Travel Capacity

Saudi Arabia has taken a major step to strengthen its air travel industry. Enhancing air connectivity The country has announced a new national low-cost...

Saudi Arabia’s Bank Loans Grow Fast with Corporate Lending

Saudi Arabia’s banking sector is witnessing a rapid rise in loans, led by Saudi corporate lending growth. Total bank loans in the Kingdom reached...

SABB Best Bank Saudi Arabia Title Awarded for 2025 Excellence

SABB best bank in Saudi Arabia, recognition highlights its exceptional growth, innovation, and commitment to Vision 2030. The prestigious Euromoney award named Saudi Awwal...

Saudi Arabia Launches New Financial Tool to Boost Global Access

Saudi Arabia introduced a groundbreaking step in its financial sector by unveiling Saudi Depositary Receipt (SDRs). This move allows investors within the Kingdom to...

Saudi Arabia Launches Saudi Depositary Receipts for Global Shares

Saudi Arabia has taken a major step to strengthen its financial markets. The Saudi Exchange has introduced Saudi depositary receipts for the first time....

Saudi Arabia Sets 90-Day Timeline for Landlord-Tenant Regulation Review

Saudi Arabia has launched a focused plan to strengthen landlord-tenant regulation. Crown Prince Mohammed bin Salman has directed a comprehensive study to improve rental...

Saudi PIF’s Assets Surge Past SAR4.3 Trillion in 2024 Amid Strong Revenue Growth

In 2024, Saudi PIF reached over SAR4.3 trillion by year-end. This increase marks an 18% rise compared to the previous year. The Public Investment...

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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