Saudi Corporate Credit Enjoys Biggest Growth in Two Years, as Bank Loans Hit $782 Billion

NewsSaudi Arabia Views: 5

RIYADH: Saudi Arabia’s bank loans increased to SR2.93 trillion ($782 billion) in November, a 13.33 percent year-on-year increase and the highest rate in 22 months. According to the Saudi Central Bank, generally known as SAMA, corporate loans were the primary driver, increasing 17.28 percent to SR1.58 trillion. This is the greatest...

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NewsSaudi Arabia Views: 5

Saudi Corporate Credit Enjoys Biggest Growth in Two Years, as Bank Loans Hit $782 Billion

RIYADH: Saudi Arabia’s bank loans increased to SR2.93 trillion ($782 billion) in November, a...

NewsSaudi Arabia Views: 4

The Hajj and Umrah Conference Attracts More Than 150,000 Visitors

JEDDAH: The fourth Hajj and Umrah Services Conference and Exhibition, entitled “A Passage to...

NewsSaudi Arabia Views: 4

Israeli Security Cabinet Supports Gaza Ceasefire Agreement

TEL AVIV— On Friday, Israel’s security cabinet accepted the Gaza cease-fire and...

BusinessNewsSaudi Arabia Views: 4

Saudi Ports handle 320.78 Million tonnes of Cargo in 2024, up 14.45% Year on Year

JEDDAH: Saudi Arabia’s ports saw a considerable growth in cargo handling in 2024, processing...

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Middle EastNews Views: 14

Latifa Kicks off the Festival “Al Marmoom: Film in the Desert

The fourth iteration of the “Al Marmoom: Film in the Desert” festival was opened by Sheikha Latifa Bint Mohammed Bin Rashid Al...

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NewsMiddle EastSaudi Arabia Views: 12

Bangladesh Updates Employee Training for FIFA World Cup projects in Saudi Arabia in 2034

DHAKA: In preparation for the 2034 FIFA World Cup, which the Kingdom will host, Bangladeshi officials are updating training for potential...

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Middle EastNews Views: 15

24 Agreements are Signed between China and Saudi Arabia to Strengthen Business Cooperation

In an effort to strengthen their economic partnership, Saudi Arabia and China have inked 24 accords. The agreements were made in Beijing...

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