Saudi Arabia aims for huge new downtown in Riyadh by 2030 DUBAI: Saudi Crown Prince Mohammed bin Salman on Thursday launched a company to carry out a hugely ambitious... Published 16 Feb, 2023 05:11pm
Business & Finance IMF lowers Saudi 2023 growth forecast to 2.6% DUBAI: The International Monetary Fund (IMF) has revised its 2023 growth forecast for Saudi Arabia, the world’s top... Published 31 Jan, 2023 02:39pm
World Rapid credit growth has hit Saudi banks’ liquidity, says S&P DUBAI: S&P Global Ratings said on Monday that rapid credit growth in Saudi Arabia has reduced banking liquidity... Published 30 Jan, 2023 04:46pm
World Saudi Arabia sees borrowing around 45bn riyals in 2023 DUBAI: Saudi Arabia, the world’s top oil exporter, expects its financing needs to be around 45 billion riyals ($12... Published 25 Jan, 2023 07:14pm
World Saudi Q3 GDP grows 8.6%, boosted by higher oil prices DUBAI: Saudi Arabia’s gross domestic product expanded by 8.6% in the third quarter compared with the same period in... Published 31 Oct, 2022 07:12pm
Markets Major Gulf markets mixed in early trade; Saudi extends gains Major stock markets in the Gulf were mixed in early trade on Monday, ahead of OPEC+’s monthly meet this week, with... Published 03 Oct, 2022 02:40pm
World Saudi unemployment falls to 9.7% in Q2 DUBAI: Unemployment in Saudi Arabia among citizens fell to 9.7% in the second half of 2022, reflecting a downward... Published 29 Sep, 2022 04:56pm
World Saudi fiscal sustainability will target reserves not falling below certain percentage of GDP: finance minister DAVOS: Saudi Arabia’s policy on fiscal sustainability would ensure that reserves do not fall below a certain... Published 24 May, 2022 09:52pm
Markets Fitch revises Saudi Arabia’s outlook to ‘positive’ from ‘stable’ Ratings agency Fitch revised its outlook on Saudi Arabia to “positive” from “stable” on Thursday, citing... Published 14 Apr, 2022 06:42pm