GCC Investors Anticipate Investing more than $4 Billion a Year in the UK’s Commercial Real Estate Market: BLME
According to a recent estimate, the positive economic conditions in the UK are projected to attract investors from the Gulf Cooperation...
Residential Property Sales in Dubai have Increased by more than 33%, According to Brokerage Firm
As per a leading brokerage company, the number of residential property transactions in Dubai during the first half of 2024 increased by...
Flynas Reports Unprecedented Performance with a 47% Rise in Passengers
Flynas, the low-cost airline based in Saudi Arabia, saw a record-breaking 47 percent rise in passengers in the first half of 2024,...
The First Round of GCC-Turkiye FTA Negotiations was Marked by “Positivity and Flexibility.” SPAC
Positive vibes prevailed at the end of the first round of free trade agreement negotiations between Turkiye and the members of the Gulf...
In Q2, Saudi Arabia’s Budget Deficit was $4 Billion
In 2024, Saudi Arabia’s budget deficit for the second quarter was SR15.34 billion ($4.09 billion), which means that the...
SABIC Declares a 564 Million Net Profit Increase of 84%
Driven by new zakat restrictions and improved margins, the petrochemical behemoth Saudi Basic Industries Corp. recorded an 84 percent...
The GASTAT Real Estate Price Index for Saudi Arabia Increased by 1.7%
According to government data, the second quarter of 2024 saw a 1.7% increase in Saudi Arabia’s real estate price index over the same...
The Amount of Money in Saudi Banks Increased by 9% in June to $773 Billion
According to official data, the money supply in Saudi banks increased by 9% in June 2023 compared to the same month in 2023, reaching SR2.9...
Saudi Arabia’s POS Increases by 2.8% to Restore Momentum: SAMA
Based on official data, point-of-sale spending in Saudi Arabia increased by 2.8 percent each week to SR11.2 billion ($2.99 billion) between...
Saudi Arabia’s Non-Oil Industry Propels 1.4% GDP Growth: GASTAT
According to government figures, non-oil activities contributed to Saudi Arabia’s seasonally adjusted real gross domestic product...
