Saudi POS Transactions Rise 11% in Last Week of September to $3.4 Billion
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
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
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
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
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
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,
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 banks’ real estate loans reached SR816.83 billion ($217.82 billion) in the second quarter of 2024, marking a 12% year-on-year increase, according to data from
Saudi Arabia’s point-of-sale (POS) transactions experienced a significant 20.4% increase between August 25 and 31, driven primarily by a surge in the telecommunications sector. According
Saudi Arabia has introduced a new factory development consultant licensing service, a strategic move aimed at bolstering the country’s industrial sector. The initiative, unveiled by
Saudi Aramco and Sumitomo Chemical Co. have agreed to waive $1 billion in debt owed by Petro Rabigh, marking a significant step in the refinery’s
Saudi Arabia’s real estate market experienced a significant surge in the first half of 2024, with transactions rising by 38% to reach 106,700 deals, totaling
Saudi Arabia’s industrial sector has experienced significant growth, driven by the Vision 2030 initiative, with the number of industrial facilities increasing by 60 percent since
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