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Saudi Arabia gold prices decline further, global rates eye largest weekly drop in 8 months

Saudi Arabia gold prices decline further, global rates eye largest weekly drop in 8 months

Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices

Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns

Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns

Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel

Point-of-sale spending in Saudi Arabia reaches $3.1 billion: Report

Point-of-sale spending in Saudi Arabia reaches $3.1 billion: Report

The largest share of spending (15 percent) was on beverages and food, amounted to $471.94 million

Saudi Arabia signs 1,100MW wind power deals with Japanese consortium

Saudi Arabia signs 1,100MW wind power deals with Japanese consortium

This comes as part of Round 4 of the Saudi National Renewable Energy Program (NREP)

Saudi Arabia’s non-oil exports rise 3.3 percent to $18.6 billion in Q1 2024

Saudi Arabia’s non-oil exports rise 3.3 percent to $18.6 billion in Q1 2024

The total value of commodity exports stood at $77.77 billion

Saudi Arabia gold prices slip, global rates continue decline after Monday’s record high

Saudi Arabia gold prices slip, global rates continue decline after Monday’s record high

Traders are currently pricing in a 73 percent chance of an interest rate cut in November

Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand

Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand

Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel

Saudi Arabia’s banking sector grants $73.48 billion in facilities to SMMEs in 6 years

Saudi Arabia’s banking sector grants $73.48 billion in facilities to SMMEs in 6 years

Medium-sized enterprises took the largest share at 57.5 percent or SAR158.411 billion in March 2024

Saudi Arabia gears up for 1st Esports World Cup in July with over $60 million prize pool

Saudi Arabia gears up for 1st Esports World Cup in July with over $60 million prize pool

The Club Championship will award $20 million to the top 16 clubs depending on their overall performance

102 agreements worth over $20 billion signed at Saudi Arabia’s Future Aviation Forum 2024

102 agreements worth over $20 billion signed at Saudi Arabia’s Future Aviation Forum 2024

GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion

Saudi Arabia set to launch new air carrier later this year: GACA Vice President

Saudi Arabia set to launch new air carrier later this year: GACA Vice President

The move falls in line with the country's ambitious plan to reach 250 global destinations by 2030

Saudi Arabia gold prices dip, global rates down ahead of Fed meeting minutes

Saudi Arabia gold prices dip, global rates down ahead of Fed meeting minutes

Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year