In June, Qatar's inflation rate remained stable, with the Consumer Price Index (CPI) reaching 107.52 points, a slight decline from 107.59 in May. This represents a 0.98% year-on-year increase from…

The Saudi insurance sector is poised for consolidation as Buruj Cooperative Insurance Co. and the Mediterranean and Gulf Insurance and Reinsurance Co. (Med Gulf) have signed a non-binding memorandum of…

Saudi Arabia's financial technology sector is witnessing increased interest from artificial intelligence startups, aiming to capitalize on the industry's rapid growth.  Singapore-based AI startup Dyna.Ai, currently operating in seven countries,…

Riyad Bank has marked a significant milestone in Saudi Arabia's digital banking landscape with the inauguration of the Center of Intelligence, the kingdom’s pioneering artificial intelligence (AI) hub within the…

Saudi Arabia’s growing business landscape has encouraged regional and global companies to establish a local presence in the burgeoning market. Egypt-born generative artificial intelligence startup DXwand is leaving no stone…

Saudi Arabia is embarking on an ambitious program to develop peaceful nuclear energy that will have profound positive impacts on the energy industry and wider economy. According to the Ministry…

A delegation from Saudia airline recently visited Airbus’s factory in Hamburg to witness firsthand the progress of the largest aircraft deal in the Kingdom’s aviation history. This landmark agreement, signed…

According to current data, the yearly rise in credit facilities for micro, small, and medium-sized businesses in Saudi Arabia was 16 percent in the first three months of 2024. Data…

On Thursday Brent Crude Oil prices surged above $87 for the first time since April as the earlier day data showed a decline in US inventories. By 1922 GMT Brent…

From June 30 to July 6, Saudi Arabia's point-of-sale spending climbed by 7.7 percent to SR13.2 billion ($3.51 billion), with hotel payments leading the increase, according to government figures. According…