Saudi Arabia Solicits Bids for Five Licenses in an Effort to Increase Mineral Exploration
The greatest mineralized belts found in Saudi Arabia to date are spread across 4,788 square kilometers and include five new exploration...
Oil Updates: As Investors Search for Clues, Prices Climb US Interest Rate Reductions will Start
Early on Monday, oil prices increased as traders watched for indications of a cycle of rate cuts that may start as early as September,...
National Housing Co. Collaborates with Naver, a Korean Company, to Further Smart City Initiatives in the Kingdom
With the National Housing Co.’s partnership with the Korean digital company Naver Corp. to improve smart city solutions, the Saudi...
Saudi Arabia Now Owns $136.3 Billion Worth of US Treasury Bonds, a Rise of 22.46% Year Over Year
May saw a $136.3 billion increase in Saudi Arabia’s holdings of US Treasury notes, up from $111.3 billion in 2023. The figures...
Financial Expertise With A Personal Touch: Hassan A. Khatib’s Story
Hassan A. Khatib’s journey from Lebanon to becoming the Associate Director of KPMG Saudi is a story filled with passion, hardships,...
IMF Applauds Saudi Arabia’s Revisions to its Vision 2030 Initiatives
The latest recalibrations and modifications made by Saudi Arabia on a few of its megaprojects under Vision 2030 have been warmly received...
Updates on Oil Prices: A Second Consecutive Weekly Drop is Anticipated
Due to a strong dollar and conflicting economic signals, investor mood was negatively impacted by oil prices on Friday, setting the market...
Startup Wrap: As MENA Activity Picks Up, Cross-Border Finance and Acquisitions Thrive
In recent weeks, there have been a lot of acquisitions and funding rounds related to regional startup activity; the most talked-about...
Saudi Arabia’s House Ownership Rate Surpasses 63% and Approaches the Vision 2030 Goal
According to a recent estimate, the proportion of Saudi households with a home by the end of 2023 was 63.74 percent, up 16.7 percent from...
Suez Canal’s Earnings Declines as Some Tankers Avoid the Red Sea
In the most recent fiscal year, the Suez Canal’s yearly revenue decreased by over 25% as some merchants chose to use other routes to...
