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)...
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...
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...
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 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...
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...
Antonio Guterres stressed the need for a significant increase in concessional finance
He called on wealthier nations to prioritize this support, especially for communities struggling...
RIYADH: Saudi Arabia and Portugal are aiming to increase awareness of investment regulations in both countries to boost trade thanks to a first-of-its-kind initiative.
Announced...
