Saudi Arabia’s Annual Inflation Rate Increases by 1.7% in 2024 Driven by Housing Costs
Prime Highlights: Saudi Arabia’s inflation rate rose by 1.7% in 2024, with housing rents rising by 10.6%. The housing, water, electricity, gas, and fuel sector
Prime Highlights: Saudi Arabia’s inflation rate rose by 1.7% in 2024, with housing rents rising by 10.6%. The housing, water, electricity, gas, and fuel sector
Prime Highlights: Saudi Aramco secures 145 agreements valued at $9 billion on the first day of the iktva Forum 2025. These agreements will boost local
Prime Highlights: Saudi Arabia accounted for 42 of 53 IPOs in the GCC in 2024. The Kingdom raised $4.1 billion, representing 31.6% of total GCC
Prime Highlights: Lenovo to manufacture millions of PCs and servers annually in Saudi Arabia by 2026. The deal follows the completion of a $2 billion
Prime Highlights: The Hafr Al-Batin Investment Forum 2025 concluded with SR17 billion ($4.5 billion) in agreements. Key sectors such as agriculture, livestock, healthcare, logistics, and
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
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
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
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,
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
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
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
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