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Saudi Arabia's PMI rose from 56.9 in October to 59 in November, marking the fourth consecutive month of expansion
Even with the projected increase in debt, the Kingdom's government debt will likely remain lower than Aa2-A1 peers
IMF expects 3.5 percent non-oil growth for the full year of 2024, similar to the official estimate of 3.4 percent
Saudi Arabia’s entrepreneurial drive is at an eight-year high
Among the high-income economies, Saudi Arabia reported the highest total entrepreneurial activity rate for women at 23 percent
Non-oil sector's contribution is projected to exceed 52 percent of the overall GDP and grow beyond 4 percent in 2024
Oil activities expanded by 0.3 percent year-on-year, while non-oil activities experienced a notable growth of 4.2 percentÂ
The agreement focuses on sectors with considerable growth potential, including industry, services, and the digital economy
The partnership outlines initiatives to transfer advanced technology and modernize industrial processesÂ
This represents a $505.86 million increase over the previous year
The funds will create jobs, boost the economy, and enhance Serbia’s global standingÂ
Saqr Fund II aims for a total size of $90 million and will focus on early-stage startups, ranging from pre-seed to pre-Series BÂ
Saudi Arabia's inflation rate recorded a slight increase of 0.1 percent compared to August 2024
This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease
This aid reflects the Kingdom's commitment to ongoing humanitarian efforts for individuals and nations in need
This volume was handled by over 70 licensed logistics companies, ensuring secure and confidential deliveryÂ
The report highlights the sector's contribution to economic diversification, investment attraction, revenue generation, and job creationÂ
The IPO consisted of 15.39 million ordinary shares, accounting for 30 percent of the company’s total issued share capital
This shipment is crucial for maintaining strategic wheat reserves and meeting the needs of milling companies
Mutual exemption of short-stay visa requirements will further strengthen and develop ties between the two countries in various fields
This rise in visitor spending highlights the substantial advancements made within the tourism sector
This initiative is part of SAMA's supervisory responsibilities aimed at ensuring the stability and growth of the financial sector
The event will be the region's largest aviation gathering, with over 100 exhibitors and 15+ airshow teamsÂ
Elkuwaiz noted that the CMA is expanding financing options by streamlining fund management for efficient public offeringsÂ
