Tag: KSA

Saudi Arabia set for 4.6% GDP growth in 2026 — pre-budget statement

RIYADH: Saudi Arabia is forecasting real GDP growth of 4.6 percent in 2026, supported by an expected increase in the output of non-oil activities. In the...

OECD upgrades Saudi Arabia’s economic growth forecast to 3.9% in 2026

RIYADH: Saudi Arabia’s economic growth forecast for 2026 has been increased to 3.9 percent by the Organization for Economic Cooperation and Development — up...

Aramco raises $3bn via dual-tranche sukuk 

JEDDAH: Saudi energy giant Aramco has raised $3 billion through a dual-tranche sukuk issuance, highlighting strong global investor confidence and reinforcing the Kingdom’s standing...

Saudi non-listed corporate debt jumps over 500% as investors diversify

Traded government debt instruments climbed 132.4% to SR15.60 billion Foreign investment in Saudi financial market grew 1.65% to SR481.8 billion RIYADH: Saudi Arabia’s debt instruments market...

Closing Bell: Saudi main index sheds; trade volume nears $2bn

MSCI Tadawul 30 Index lost 0.75% to settle at 1,393.71 PParallel Nomu market slipped 0.01% to 26,181.58 RIYADH: Saudi Arabia’s Tadawul All Share Index fell on...

Closing Bell: Saudi stock market closes in red at 10,898 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed slightly lower on Monday, slipping 6.49 points, or 0.06 percent, to settle at 10,898.04.    The total trading...

Navi plans to push ahead with credit on UPI: CEO Rajiv Naresh

SynopsisNavi aims to leverage credit on UPI for growth in a saturated market. The company processes millions of UPI payments monthly. Navi wants to...

GCC Islamic insurers see growth but face 2025 profit squeeze, S&P says

Saudi insurers led the surge, generating around $960 million last year Credit ratings for Islamic insurers will remain largely stable RIYADH: The Gulf Cooperation Council’s Islamic...

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Emirati startup founders showcased AI-powered and advanced technology solutions...

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Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

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Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...