Tag: Saudi Arabia’s

Saudi Arabia’s demand for apartments pushes new mortgages over $16bn

RIYADH: Banks in Saudi Arabia granted SR60.92 billion ($16.24 billion) in residential mortgages in the first nine months of 2024, an annual rise of 4.88...

Saudi Arabia’s official reserves reach $457bn, up 4%

RIYADH: Saudi Arabia’s official reserve assets reached SR1.71 trillion ($456.97 billion) in September, marking a 4 percent increase year-on-year, according to new data. Figures released by...

Biban 24 concludes with $9bn in deals, boosting Saudi Arabia’s SME sector

Biban 24 marked a landmark achievement for Saudi Arabia’s entrepreneurial framework Several financing agreements were signed with local banks, amounting to over SR15 billion RIYADH: Agreements...

Saudi Arabia’s PMI rises to 6-month high in October

RIYADH: Saudi Arabia’s non-oil business activities strengthened in October, with the Kingdom’s purchasing managers’ index rising to a six-month high of 56.9, an economy...

Saudi Arabia’s Qiddiya Investment Co. and Globant partner in immersive entertainment push

Globant will work with QIC to develop the Qiddiya PLAY LIFE Connected Experience Deal to showcase how digital ecosystems can enhance the entertainment and cultural...

Saudi Arabia’s eXtra unveils price range for IPO

United International Holding Co (UIHC), the subsidiary of Saudi-listed United Electronics Company (eXtra), will raise between 900 million Saudi riyals ($264 million), and SAR...

Saudi Arabia’s non-oil exports surge by 7.5% in August: GASTAT 

Chemical products led the non-oil export categories, accounting for 25.8 percent of total non-oil shipments Saudi Arabia’s imports decreased by 3.93 percent in August compared...

Saudi Arabia’s bank credit records historic high reaching over $746bln

RIYADH — The bank credit granted to both the public and private sectors in Saudi Arabia has reached historically record-high levels by the end...

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