Saudi Arabia is Ranked Second in the G20 for ICT Development for the Second Year in a Row
In a UN ICT Development Index, Saudi Arabia has remained in second place out of the G20, demonstrating the robustness of the...
Worldwide Sukuk Issuance Reaches $91.9 Billion in H1: S&P Global
The first half of 2024 saw $91.9 billion in global sukuk issuances, a little rise of 0.87 percent year over year led by Saudi Arabian and...
The Annual Inflation Rate in Saudi Arabia Increased to 1.5%: GASTAT
According to the most recent data, Saudi Arabia’s annual inflation rate increased to 1.5% in June of this year compared to the same...
NEOM and KAUST Collaborate to Combat Insects that Pose a Threat to Saudi Arabia’s 36 Million Palm Trees
Insects endangering Saudi Arabia’s palm palms are the focus of a collaboration between NEOM and KAUST. Saudi Arabian citizens and...
UKMTO and Ambrey Report that a Vessel has been Attacked Off Yemen
Britain’s maritime agency and security firm Ambrey stated that a merchant vessel claimed it had been attacked early on Monday by...
A Middle East and North Africa Humanitarian Initiative is Scheduled to Begin in Morocco
Over 25,000 individuals a year will receive medical assistance from the UAE’s newest humanitarian project, which is set to launch in...
Egypt Plans to Drill 110 Exploratory Wells in 2024–2025 for a Total of $1.2 Billion
A senior official announced that Egypt intends to invest $1.2 billion in drilling 110 exploratory wells during the 2024–2025 fiscal year...
Saudi Arabia will Increase Food Security in the Al-Baha Region with Five New Investment Initiatives
In order to achieve self-sufficiency under Vision 2030, five new investments in the Al-Baha region’s agriculture sector are expected...
Crude Oil Regains Ground Due to Political Unpredictability in the US and the Middle East
According to Reuters, oil prices recovered on Monday as a result of political unrest in the US and the Middle East, which countered...
With an Improved NPL Ratio of 1.4%, Saudi Banks Top the GCC in Terms of Credit Quality
According to data from the Saudi Central Bank, Saudi banks shown a noteworthy improvement in credit quality in the first three months of...
