The Saudi Asset Management Market is Expected to Develop Further After Reaching $266 Billion, According to Fitch Ratings
RIYADH: According to a recent research by Fitch Ratings, the asset management sector in Saudi Arabia expanded by 20% annually in 2024,...
By The End of 2025, 2.5 Million Aircraft Seats For Umrah Pilgrims are The Goal
MADINAH: Majid Khan, the CEO of Saudi Arabia’s Air Connectivity Program, said that over 700,000 seats had been set aside to...
Hollywood-Style Independence Day Celebrations at The US Embassy in Dhahran
DHAHRAN: To commemorate the 249th anniversary of the writing of the Declaration of Independence, the US Consulate in Dhahran had an early...
In Miami, The Nissan Formula E Team Finishes With a Double Point and Pole Position
Following an exciting Round 5 of the 2024/25 ABB FIA Formula E World Championship in Miami, Petromin Corporation, through its e-mobility...
Through High-Level Discussions and The Signing of an MOU, Saudi Arabia and Indonesia Deepen Their Mining and Industrial links
JAKARTA — Following a high-level visit to Jakarta, Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef held a number of...
Updates on Oil: Crude Gains Ground on Possible US Auto Tariff Exemptions
SINGAPORE: According to Reuters, oil prices increased somewhat on Tuesday due to additional tariff exemptions proposed by US President...
A Saudi Initiative Helps Farmers Boost The Rose Industry
RIYADH: At the Rose and Aromatic Plants Global Forum in Taif, Saudi Reef, the Sustainable Agricultural Rural Development Program, is...
GASTAT: March Inflation Increased by 2.3% Due to an 11.9% Increase in Residential Rents
RIYADH — In March 2025, Saudi Arabia’s annual inflation rate was 2.3%, which was 0.3% more than it was the month before and at the...
In February, Saudi Arabian Expat Remittances Totaled $3.4 Billion, a 37% Yearly Increase
RIYADH: According to new data, Saudi Arabian expatriate remittances jumped to SR12.78 billion ($3.41 billion) in February, a 37.04 percent...
Forum in Madinah to Explore Advancements in Islamic Finance
The symposium will examine six primary subjects and more than 20 sub-themes, with an emphasis on the contribution of Islamic banking to...