Tag: Saudi Arabia

Finance

Symbols of power: Saudi Arabia and UAE stamp their marks on global finance

the financial -
RIYADH: In a display of economic ambition, Saudi Arabia and the UAE have unveiled new currency symbols for the riyal and dirham, marking a...
Business

Titan posts 25% revenue growth in Q4 FY25, driven by strong gold jewellery and watch sales

the financial -
Its jewellery division, which contributes over three-fourths of the revenue, reported a 24 per cent growth in the domestic market on the back of...
Business

Saudi Arabia proposes new investment product to boost Nomu listings

the financial -
New SPAC framework aims to enhance private sector access to public markets RIYADH: Saudi Arabia is exploring the introduction of a new investment product in...
Business

Saudi Arabia launches April round of Sah savings bonds with 4.88% return  

the financial -
JEDDAH: Saudi Arabia has launched the fourth round of its Sah savings product for 2025, offering a 4.88 percent return for April under the...
Business

Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life

the financial -
RIYADH: Inbound tourism spending in Saudi Arabia surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according...
Business

Saudi Arabia raises $704m through sukuk issuances in March 

the financial -
Issuance divided into four tranches, with first one valued at SR364 million and set to mature in 2027 Latest riyal-denominated offering follows an SR3.07 billion...
Economy

Saudi Arabia dominates Forbes’ 2025 list of MENA’s most valuable banks

the financial -
Financial institutions from the Kingdom made up nearly a third of the total $600.8 billion market capitalization of the listed banks Al-Rajhi Bank retained its...
Business

Over 1,300 Saudi industrial licenses awarded in 2024, attracting $13.3bn investment, latest figures show

the financial -
JEDDAH: More than 44,000 new jobs are expected in Saudi Arabia after the Kingdom issued 1,346 industry licenses in 2024, an official report has...
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