Tag: Saudi Arabia’s

Saudi Arabia’s real GDP expands 3.9% in Q2 on non-oil activities: GASTAT

Oil activities led the expansion with a 5.6% increase Non-oil sectors contributed 2.6 percentage points to overall GDP growth RIYADH: Saudi Arabia’s economy expanded 3.9 percent...

Saudi Arabia’s money supply hits $832bn as time deposits share reach 16-year high

RIYADH: Saudi Arabia’s money supply rose to a record SR3.12 trillion ($832 billion) in June, marking a 7.63 percent annual increase, driven predominantly by...

Saudi Arabia’s SABIC maintains $1.19bn dividend, signaling sector confidence

Shareholders owning company shares will receive a dividend of SR1.50 per share Move aims to reassure investors of consistent returns and signals sector-wide stability RIYADH: Chemicals...

Saudi Arabia’s National Development Fund secures $1.3bn in credit facilities to boost development projects

Deals designed to enhance funding for key development projects across the Kingdom Two agreements signed with Al-Rajhi Bank and Arab National Bank RIYADH: Saudi Arabia’s National...

Saudi Arabia’s top 10 listed firms hit $2.1tn valuation, led by Aramco

Tadawul recognized as world’s fastest-growing stock market in 2024 Kingdom’s leading banks continued to post strong performance RIYADH: Saudi Arabia’s top 10 publicly listed companies reached...

Saudi Arabia’s non-oil exports climb 13.4% in Q1: GASTAT

National non-oil exports — excluding re-exports — grew by 9% Chemical products dominated non-oil exports, accounting for 23.8% of total outbound shipments RIYADH: Saudi Arabia’s non-oil...

Saudi Arabia’s US Treasury holdings rise to $131.6bn in March

Kingdom maintained 17th place among the largest holders of such financial instruments in March Saudi Arabia and UAE are the only GCC countries among the...

Saudi Arabia’s PIF starts selling 7-year sukuk, document shows 

RIYADH: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has begun accepting bids for the sale of benchmark-sized, dollar-denominated 7-year Islamic bonds, or...

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Dubai unveils new $410m economic support package for businesses 

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