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Saudi Arabia
Markets
Saudi Arabia gold prices down, global rates decline ahead of U.S. inflation data
U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
Logistics
Saudi Arabia to launch $2 billion general aviation roadmap at Future Aviation Forum
The roadmap aims to increase the sector's contribution to GDP to $2 billion by 2030
Logistics
Saudi Arabia plans $100 billion investment to develop aviation sector
Over $50 billion will go to developing the country's airports
Hospitality & Tourism
Riyadh Air, AlUla partner to promote Saudi Arabia’s tourist attractions globally
Riyadh Air to contribute $20 billion to the kingdom's non-oil GDP
Markets
Saudi Arabia gold prices surge, global rates at over two-week high on rate-cut hopes
Softer U.S. jobless claims data contributed to the optimism surrounding gold
Banking & Finance
Saudi Arabia’s liquidity rises 8.3 percent to $753 billion in March
Surge in demand deposits fuels Saudi Arabia's money supply growth
Hospitality & Tourism
Saudi Arabia’s NEOM reveals Jaumur: Luxurious marina community with 500 apartments, 700 villas, boutique hotels and more
The new marina community includes boarding school, offers superyacht docking
Hospitality & Tourism
Saudi Arabia e-visa accessibility extended to Barbados, Bahamas, and Grenada
With this expansion, the total number of countries eligible for the E-visa has increased to 66
Markets
Saudi Arabia gold prices up as global rates rise on anticipated U.S. economic data
Hotter-than-expected U.S. inflation data could potentially drive gold prices down
Hospitality & Tourism
ATM 2024: Saudia, Red Sea Global partner to streamline travel experiences
Agreement aligns with RSG's vision of fostering responsible and sustainable development
Markets
Saudi Arabia gold prices rise, global rates up as traders await rate cut cues
China's central bank marked its 18th consecutive month of gold purchases in April
Saudi Arabia
stc’s revenues rise over 5 percent to $5.09 billion in Q1 2024
Group's net profit surged by 44.50 percent to SAR3.28 billion
Banking & Finance
Saudi Aramco reports Q1 2024 net income of $27.2 billion
Cash flow from operating activities stands at $33.59 billion
Real Estate
Saudi Arabia’s developers poised for growth amid property shortage, government support: S&P
Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030
Logistics
Saudi Arabia’s flynas to broaden UAE network, add flights to DWC, Abu Dhabi, Sharjah
With this expansion, the number of routes connecting Saudi Arabia and the UAE will increase to nine
Economy
Nearly 30,500 new employees join Saudi Arabia’s private sector in April
As many as 2.36 million citizens were working in the Kingdom's private sector in April
Economy
Saudi Arabia, Malaysia discuss trade, economic partnerships in priority sectors
Saudi-Malaysian Business Council launched
Markets
Saudi Arabia gold prices slump as global rates decline on geopolitical uncertainty
Gold prices have established a support base around the $2,280 mark over the past week
Saudi Arabia
Saudi Arabia allocates $2.5 billion to Middle East Green Initiative
Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs
Hospitality & Tourism
Saudi Arabia’s Qiddiya set to build Aquarabia, region’s largest water theme park
Aquarabia will also offer an underwater adventure trip using diving vehicles
Banking & Finance
Saudi Arabia’s Vision 2030 will need around $1 trillion in investments over several years: Report
Non-oil economy will continue to grow with increased government investments in Vision 2030 projects
Economy
Saudi Arabia’s non-oil sector starts Q2 2024 with strong growth, says PMI
To meet rising demand, purchasing activity in Saudi Arabia's non-oil sector saw a sharp increase in April
Markets
Saudi Arabia gold prices up as global rates rise despite strong dollar
Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September
Economy
Saudi Arabia’s non-oil revenues rise 9 percent to $29.73 billion in Q1 2024: MoF
Saudi Arabia's total revenues saw a 4 percent annual increase to SAR293.433 billion
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