Saudi Aramco Reduces December Oil Prices for Asian Buyers Amid Market Pressures
In a recent turbidity of global oil market challenges, it has emerged that Saudi Aramco plans to cut back on the official selling prices (OSPs) for crude oil sales to…
In a recent turbidity of global oil market challenges, it has emerged that Saudi Aramco plans to cut back on the official selling prices (OSPs) for crude oil sales to…
According to an official source, in 2023, the report states that Saudi Arabia attracted foreign direct investment inflows valued at SR96 billion ($25.6bn), which marks a staggering 50% rise year…
In the latest report from the Saudi Central Bank, or SAMA, hotel spending in Saudi Arabia increased by 2.4 percent to around SR270.7 million ($72.1 million) in the week of…
According to an official Tadawul report, foreign investors in the Saudi Exchange acquired net stocks worth around SR3.84 billion ($1.02 billion) in September 2023, which marked a remarkable 947 per…
Saudi Arabia's point-of-sale transactions recorded an 11.9 percent growth in the last week of September to total SR13.3 billion, or US$3.4 billion. The food and beverage sector topped the list…
Trade between China and the Arab League has been growing with the past two decades since a deepened economic cooperation was ushered in after the China-Arab States Cooperation Forum was…
Saudi non-oil exports grew significantly in July, increasing 19.04% to SAR 25.38 billion, or $6.76 billion, the General Authority for Statistics said in data compiled today. Chemical and allied industries…
Cement sales rebounded in a fairly mild fashion during Q2 2024 for Saudi Cement, as cement sales rose to 1.8% in the same quarter of the previous year, whereas it…
Regional and international collaboration is crucial for tackling environmental issues, particularly in rehabilitating degraded lands, according to Mansour Al-Mushaiti, Saudi Arabia’s Vice Minister of Environment, Water, and Agriculture. Al-Mushaiti made…
Saudi banks granted SR7.07 billion ($1.9 billion) in new residential mortgage loans in July, reflecting a 33% increase from June, according to data from the Saudi Central Bank (SAMA). The…