Saudi Arabia
The contract has been awarded to a joint venture of two Saudi construction firms, Urbacon and Al Bawani
Hotel spending also increased, rising by 0.2 percent compared to the previous week to reach SAR270.2 million
GCC fixed income markets saw $75.5 billion in primary issuances during this period
Airline will operate three weekly flights between Madinah airport and Bahrain International Airport in Manama as of September 10
Lilium expects to deliver the first jets to Saudia in 2026
The issuance consists of three tranches of dollar-denominated senior unsecured notes under Aramco's global debt program
Saudi Arabia achieved 60 million visits during the first half of 2024
Crude oil production increased to 8.99 million bpd, reflecting a monthly rise of 0.08 percent
Riyadh's population to grow from 5.9 million to 9.2 million in 10 years
Saudi Arabia supports the organization's 'No Country Left Behind' initiative with $1 million of funding
The unemployment rate for Saudi females rose to 14.2 percent in Q1 2024, up from 13.9 percent in the previous quarter
This highlights the strong economic and trade relationship between Saudi Arabia and China
Saudi Arabia saw record high net foreign investments, which rose 7.7 percent annually to $52.78 billion in 2023
Saudi Arabia's Ambassador to the U.K. highlighs the growth of debt markets and insurance companies across the Kingdom
King Khalid International Airport ranked first globally with an on-time performance of 88.23 percent
Riyadh is among the top emerging ecosystems globally with four unicorns in the last 10 years
Kingdom also secured top spot in areas like long-term employment growth, social cohesion and long-term labor market growth
International currency holdings amounted to SAR1.66 trillion, up 6 percent during this period
Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region
The number of Saudi women working in the sector saw a 37 percent increase in 2024 so far
Saudi Arabia sees 7.7 percent annual surge in manufacturing activity in April 2024
The Kingdom’s travel and tourism sector grew by over 32 percent in 2023
Non-oil activities also rose by 0.9 percent in the first three months of 2024 compared to the previous quarter
