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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 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...

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...

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 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...

Saudi Arabia Strengthens Media Growth with New Leadership

Saudi Arabia is taking bold steps to grow its media sector with a strong focus on trusted media solutions. In this context, the country has...
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