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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 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...

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...