RIYADH: The Arab region’s gross domestic product increased by 1.8 percent, reaching $3.6 trillion in 2024,…
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Saudi Arabia launches $266m program to promote eco-friendly projects
RIYADH: Saudi Arabia has unveiled a new environmental financing initiative worth SR1 billion ($266.6 million), supported…
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Jordan’s inflation climbs 2.21% in early 2025: official data
RIYADH: Jordan’s inflation rate accelerated by 2.21 percent year on year in the first two months…
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Siemens Energy secures $1.6bn power plant project in Saudi Arabia
BERLIN: Siemens Energy has been awarded a $1.6-billion project to provide technology for two gas-fired power…
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Saudi banks see profit surge in Q4 as rate cuts boost margins: Fitch Ratings
RIYADH: Saudi banks recorded a net income of SR21.5 billion ($5.7 billion) in the fourth quarter…
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Pakistan urges entrepreneurs to expand businesses, access new markets under Saudi Vision 2030
ISLAMABAD: Pakistan’s coordinator to the federal tax ombudsman on Tuesday urged entrepreneurs to seize business opportunities…
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Giga-projects spark $1.22bn boom in Saudi real estate market
RIYADH: Saudi Arabia’s residential real estate market is set for a significant surge, with private buyers…
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Oil Updates — crude up on weak dollar but tariff concerns cap gains
SINGAPORE: Oil prices edged up on Wednesday, buoyed by a weaker dollar, but mounting fears of…
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Aramco Ventures invests in Ucaneo to develop Germany’s largest direct air capture plant
RIYADH: Aramco Ventures, the investment arm of Saudi Aramco, has joined a funding round for German…
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Egypt approves investment protection deal with Saudi Arabia
JEDDAH: Egypt’s parliament has approved a bilateral investment protection agreement with Saudi Arabia, aiming to boost…
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GCC firms maintain financial stability despite regional tensions: Moody’s
RIYADH: Companies in the Gulf Cooperation Council have maintained strong credit qualities despite the economic uncertainty…
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Saudi Arabia, South Korea sign deal to boost cooperation in space sector
RIYADH: The Saudi Space Agency has entered into a new partnership with the Korean Aerospace Administration…
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