Economy

Saudi Arabia’s inflation slows to 1.6 percent in March: Report

Rental prices drive Saudi Arabia's annual inflation increase in March

Only 40 percent of Saudi women are likely to return to work after a break: PwC report

Financial independence emerges as a key incentive for women returners in Saudi Arabia

12 Saudi companies ink agreements with Iraq Development Fund

The deals seek to promote cooperation in various high-quality investment projects in Iraq

Saudi Arabia’s startups raise $198 million in March 2024

SaaS providers dominate region's investment landscape

Business activity in Saudi Arabia rises to 6-month high in March, PMI data shows

Non-oil private sector saw a decline in cost inflation for the second month in a row

Saudi Arabia’s unemployment rate declines to 4.4 percent in Q4 2023

The unemployment rate among women saw a 2.6 percent decline

Saudi Arabia’s greenfield FDI inflows surge over two-fold to $28.78 billion

This figure surpassed the previous peak of $17.57 billion in 2018

Saudi Arabia’s private equity activity surges to $4 billion in transactions in 2023

Kingdom's private equity sector thrives, dominated by buyout transactions

12 percent surge in Saudi business registrations, reaching 1.12 million

The city has seen a 14 percent increase in commercial records, surpassing 192,000 in the past five years

Saudi Arabia implements 2nd phase of Saudization of consulting services

Second phase covers 40 percent of professions in the sector

Saudi Cabinet greenlights agreement for setting up IMF regional office in Riyadh

The initiative seeks to enhance the presence and collaborative efforts of the IMF with Arab institutions

Economic and social reforms bolster Saudi Arabia’s stable credit ratings, says S&P Global

The non-oil sector investment key to sustaining 3.3 percent annual GDP growth over 2024-2027

Saudi Arabia’s non-oil economy reaches 50 percent of real GDP

Private investment and robust exports drive record-breaking expansion

Housing costs propel Saudi Arabia’s inflation to 1.8 percent in February

Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY

Booming hospitality, transport, and arts sectors fuel Saudi Arabia’s business growth in 2023

The ministry of commerce reported an increase in commercial registrations across various sectors

Saudi Arabia’s PIF inches closer to $1 trillion in assets

Strategic acquisitions and diversification drive growth trajectory

Saudi Arabia’s non-oil activity increases by 4.4 percent in 2023

Despite decline in oil production, diverse industries foster growth in the kingdom

Saudi Arabia’s National Development Fund signs partnership agreement with World Economic Forum

The partnership seeks to foster ties with diverse financial institutions and companies

Saudi Arabia’s Crown Prince transfers another 8 percent of Aramco shares to PIF

The state's ownership of the Aramco's shares now stands at 82.186 percent

Saudi Arabia GDP 2023: Non-oil economy is key growth driver

Non-oil economy grew while overall real GDP contracted

Saudi Arabia’s non-oil sector activity rises at the quickest rate in five months

Riyad Bank PMI shows encouraging signs despite lingering competitive pressures

Second phase of Saudization of licensed aviation professions launched

This phase will focus on pilots and flight attendants