Featured S. Arabia annual inflation stands at 1.5% in June Aya Anwar Jul 16, 2024 0 Saudi Arabia's annual inflation rate reached 1.5 per cent in June 2024. This increase is largely due to an 8.4 per…
Featured S. Arabia plans Nupco IPO Aya Anwar Jul 15, 2024 0 Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) is advancing with an IPO for Nupco, the…
Energy S. Arabia raises $12.35b from Aramco Aya Anwar Jul 10, 2024 0 Saudi Arabia has successfully secured $12.35 billion through a secondary share sale of Aramco, exercising an…
Featured S. Arabia’s IPI declines in May Aya Anwar Jul 10, 2024 0 Saudi Arabia's Industrial Production Index (IPI) saw a notable decline of 2.9 per cent in May 2024 compared to May…
Featured S. Arabia 2nd in ’24 VC rankings Aya Anwar Jul 9, 2024 0 Saudi Arabia achieved the second position in emerging-market venture capital for the first half of 2024, closely…
Featured Saudi non-oil activity grows at slowest pace since ’22 – PMI Yomna Yasser Jul 3, 2024 0 The non-oil business activity in Saudi Arabia expanded at its weakest pace in 2 1/2 years in June, a recent survey…
Energy S. Arabia announces new oil discovery Aya Anwar Jul 2, 2024 0 Saudi Arabia has announced significant new oil deposits discovery in the Eastern Province and the Empty Quarter.
Featured S. Arabia’s FDI surges by 5.6% in Q1 ’24 Aya Anwar Jul 1, 2024 0 Saudi Arabia experienced a significant boost in foreign direct investments (FDI) in the first quarter of 2024, with…
Featured S. Arabia’s unemployment rate steady at 3.5% in Q1 ’24 Aya Anwar Jul 1, 2024 0 Saudi Arabia's overall unemployment rate remained stable at 3.5 per cent in the first quarter of 2024. This…
Featured Kuwait’s KSCP mulls buying stake in Saudi Investment Bank Aya Anwar Jun 25, 2024 0 Kuwait Finance House KSCP is considering purchasing a significant stake in Saudi Investment Bank as deal activity…