Tag: KSA

Riyadh municipality unveils new investment opportunities across key sectors 

JEDDAH: Riyadh has unveiled new investment opportunities for 2025, covering commercial, residential, retail, industrial, and leisure projects to boost the city’s economy and development.  The...

Arab stock markets extend gains, aligning with global rebound: AMF report

 Arab stock markets recorded a positive performance in January for the second consecutive month, mirroring the upward trajectory of global exchanges. According to the latest...

UAE, India, and China among top destinations for KSA’s non-oil goods

RIYADH: The UAE was the leading destination for Saudi Arabia’s non-oil exports in November, with outbound shipments to the Emirates reaching SR7.17 billion ($1.87 billion)...

SAMA cuts benchmark interest rate to 5% in line with US Federal Reserve move 

Saudi Arabia’s central bank lowered its benchmark interest rate to 5 percent, its third cut this year, aligning with the US Federal Reserve’s decision...

Saudi Central Bank Decision on Repo and Reverse Repo Rates

The Saudi Central Bank (SAMA)decided to reduce the Repurchase Agreement (Repo) rate by 25 basis points to 5.00 percent and the Reverse Repurchase Agreement...

UAE, Saudi Arabia forecasted for strong credit growth in 2025: Report

The increase will be supported by continued expansion in the non-oil sector Saudi Arabia and the UAE are expected to post strong credit growth next year...

Saudi Arabia boosts R&D spending to $6bn in 2023 amid Vision 2030 push 

Saudi Arabia ramped up its research and development spending to SR22.61 billion ($6.02 billion) in 2023, marking a 17.4 percent increase from the previous...

Saudi NHC closes $532m in sales, reveals new projects at Cityscape Global

NHC announced three major new developments that reflect its commitment to sustainable urban growth Ministry of Interior and Ministry of Municipal and Rural Affairs and...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

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How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...