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Recovering tourism sector contributed 74 percent of total services exports in 2023
The banks on the Aramco offering will take institutional orders until Thursday and will set the price of the shares the following day
The plant is set to provide clean energy on a large scale globally, marking a major milestone in sustainable energy production
Prime office rents in Riyadh rose 14.5 percent, while Grade A and B rents increased 11.8 percent and 10.3 percent
U.S. economy grew 1.3 percent in Q1 of 2024, significantly slower than 3.4 percent in Q4 of 2023
QIWA is a platform aiming to enhance the electronic services provided to the labor sectorÂ
Personal loans constituted 47 percent of banks' total lending, while corporate loans made up the remaining 53 percent
The move will facilitate easier access to charging solutions and support the wider adoption of EVs
First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations
Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
Strong dollar, possible interest rate hikes are major risks to gold prices
Neo Space Group is PIF's first venture into the space sector
GACA report assesses 11 operational performance standards to enhance services and traveler experiences
Gold prices achieved a record high of $2,449.89 but have since lost over $100
The rating reflects the government's significant progress in implementing a broad-based reform agenda since 2016
Al Khateeb outlines plans to add over 250,000 hotel rooms, attract young Saudis to the industry
By 2025, the Kingdom is expected to account for 67 percent of the MENA region's total E&P expenditure
Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices
The largest share of spending (15 percent) was on beverages and food, amounted to $471.94 million
This comes as part of Round 4 of the Saudi National Renewable Energy Program (NREP)
The total value of commodity exports stood at $77.77 billion
