In H1 2024, Earnings in the Saudi Insurance Business Rise by 25% to $585 Million
In comparison to the same period previous year, the insurance industry in Saudi Arabia recorded a 25% increase in earnings for the first...
Construction Contracts in Saudi Arabia Surge to $32 Billion in Q1 2024: USSBC
According to a recent survey, the value of building contracts awarded in Saudi Arabia increased by 79 percent during the first quarter of...
How Saudi Arabian Corporate Management is Being Transformed by Generative AI
SAP’s generative AI program Joule is poised to transform business operations as companies in Saudi Arabia and the wider Gulf area strive...
Mud Homes in Najran are Representations of the Kingdom’s Past
Mud houses are beloved by the residents for their link to the past and are recognizable emblems of the rich heritage of Najran, in...
Oil Updates: Expected US Rate Cuts to Boost Fuel Consumption, Driving Up Prices
Though worries about weaker global demand limited gains, oil prices increased on Thursday, helped by expectations that prospective US...
Records for the Abu Dhabi Global Market 31% Increase in H1 Operational Entities
By comparison, the number of operational companies in the Abu Dhabi Global Market increased by 31% to 2,088 in the first half of 2024 from...
Some Well-Known CEO Resignations, Ranging from Financial Crises to Boardroom Conflicts
As the highest position in corporate leadership, the CEO position is generally associated with great responsibility and pressure,...
More Foreign Companies Qualified for Saudi Contracts Following their Establishment of Headquarters at KAFD
The CEO of one of the ten international companies disclosed that by locating their regional headquarters in Riyadh’s King Abdullah...
Saudi Arabia’s July Reserves Increased by 6% to $452.8 Billion
According to latest data, Saudi Arabia’s official reserve assets grew to SR1.7 trillion ($452.8 billion) in July, representing a 6.06...
July Saw a 1.5% Increase in Saudi Inflation Due to Rising Housing Expenses
According to official figures, the rise in housing costs was the main reason behind Saudi Arabia’s annual inflation rate, which in...
