Saudi Arabia

Saudi Arabia’s internet penetration reaches 99 percent in 2023: Report

Both men and women demonstrated high levels of internet usage, with rates of 99.3 percent and 98.5 percent respectively

Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation

Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks

Saudi Arabia gold prices rise as global rates inch up ahead of key U.S. payroll data

Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion

Saudi Arabia set to increase assets under management to 29.4 percent of GDP by 2024

The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks

Saudi Arabia gold prices rise, global rates slip as Fed keeps rates unchanged

Powell's assurance that further rate hikes were off the table will help bullion

Saudi Arabia’s real GDP grows 1.3 percent in Q1 of 2024

In Q1, Saudi Arabia's non-oil activities saw a 2.8 percent annual increase

Saudi Arabia gold prices decline, global rates marginally rise ahead of Fed’s policy decision

Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12

Saudi Arabia, Mauritania to cooperate in electricity, renewable energy, and clean hydrogen

The deal aims to enhance electricity system reliability through knowledge exchange and partnership

Saudi Arabia gold prices dip as global rates decline ahead of U.S. Fed meeting

Gold lost 2.2 percent last week amidst easing tensions in the Middle East

Saudi Arabia’s ACWA Power seeks to invest $10 billion in Malaysia’s renewable energy sector

Collaboration to power up green data centers in Malaysia's industrial parks

WEF Special Meeting: Coordinated cooperation key to mitigating impact of epidemics, says Saudi health minister Al-Jalajel

Integrating health, justice and sustainability in decision-making promotes health sector's growth

WEF, Saudi Space Agency ink agreement to establish Center for Space Futures

Center to facilitate public-private discussions on space collaboration

Saudi Arabia to host 28th World Investment Conference from November 25 to 27

Conference positions Saudi Arabia as global investment hub, promotes its promising business environment

Saudi Arabia gold prices decline, global rates dip as hope for early rate cuts diminishes

Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters

WEF Special Meeting: Developing human capital must be the focus for investment

Collaborative effort is needed to address the energy trilemma of security, equity and sustainability

GCC states have succeeded in making economies more integrated: Saudi Arabia’s Al-Jubeir at WEF meeting

Al-Jubeir noted the increase in new startups that Saudi youth have founded, and their contributions to the job market

NEOM secures $2.67 billion revolving credit facility for development projects

Financing boosts ongoing development endeavors and short-term financing requirements

Saudi Arabia gold prices rise as global rates increase ahead of key U.S. inflation data

Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December

Saudi Arabia’s ICT spending to reach $37.5 billion in 2024

According to experts, the Kingdom is the region's fastest-growing IT market

Saudi Arabia’s non-oil exports surge by 4.4 percent to $5.82 billion in February

Rubber and plastic product exports in February fueled the rise in non-oil shipments

Saudi Arabia gold prices decline, global rates recover as markets await key U.S. economic data

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

Saudi Arabia gold prices decline as global rates hit over two-week lows on easing Middle East tensions

Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year