Prime Highlights: Saudi public funds raise domestic money market investments by 82.4% year-on-year. The total assets held by these funds increase to SR160.1 billion ($42.6 billion). Key Background: Saudi Arabia’s…

Prime Highlights: Saudi Arabia successfully issued a $12 billion triple-tranche bond, comprising three-year, six-year, and ten-year maturities. The offering was significantly oversubscribed, with the total order book reaching $37 billion.…

Prime Highlights: Saudi Arabia's finance minister, Mohammed Al-Jadaan, has accepted the fiscal borrowing plan for the year 2025 at SR139 billion or $37 billion. The budget will meet two major…

Prime Highlights: The money supply of Saudi banks has increased by 10.3 percent on year up to November 2024, reaching a total of SR2.95 trillion, equivalent to $785.51 billion. Time…

Prime Highlights: Qatar's Q3 2024 foreign merchandise trade balance surplus stands at 57.7 billion riyals ($15.8 billion), 5% less than it was during the same period of 2023. Total exports…

Prime Highlights: The Public Investment Fund of Saudi Arabia plays a significant role in the transformation of the Kingdom to reduce dependence on oil and diversify the economy. PIF's assets…

Prime Highlights:  This country's logistics market increased 267% since 2021, and at this point in 2024, there are already 22 logistic centers, with 34 million square meters for its occupation. …

OPEC has lowered its global oil demand growth estimate for 2024 to 1.6 million bpd from the already reduced estimate of 1.8 million bpd. The reduction shows even more conservative…

The Neo Space Group of Saudi Arabia agreed to a strategic acquisition of the UP42 platform of Airbus in the further development of the space sector of the Kingdom, thus…

The Minister of Human Resources and Social Development, Ahmed Al-Rajhi, stated at the Budget Forum 2024 that Saudi Arabia will reduce its unemployment rate target from the previous target of…