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

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

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

Saudi Arabia’s National Housing Company (NHC) unveiled 11 housing projects in Riyadh’s Khuzam area, providing more than 10,000 housing units as the Kingdom’s quest for

The Saudi National Housing Co. followed up its first day momentum by signing 21 new agreements with local and international partners on its second day

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)

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

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

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

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