Friday, May 31, 2024

first quarter

The Saudi economy contracted in the first quarter

The latest data released by General Authority for Statistics Slight shrinkage in Kingdom's economy Saudi Arabia during the first quarter of 2024. Real GDP fell by 1.8% compared to the same period in 2023. This contraction is due to a decline...

Abu Dhabi Commercial Bank’s profits exceeded 2 billion dirhams in the first quarter

Abu Dhabi Commercial Bank's loans and advances portfolio increased by 21% to 318 billion dirhams Net profits increased Abu Dhabi Commercial Bank By 13.8% to2.13 billion dirhams During the first quarter of 2024, compared to 1.87 billion dirhams during the...

Latest News

UAE residence visa: 4 health centres to stop medical fitness test services

Some UAE public health centres will stop offering medical fitness tests for residence visa applications starting June 3, authorities...

UAE to announce fuel prices for June

Fuel prices for June are expected to drop in the UAE after global oil prices mostly traded lower in May than last month. Globally, Brent...

Saudi Arabia increases the capacity of the Haramain Express train during the Hajj season

Today, Wednesday, the Kingdom of Saudi Arabia revealed...Increasing the capacity of the Haramain Express TrainDuring the Hajj season of 1445 AH. Hajj season According to the...

The Saudi Public Investment Fund focuses more on local projects

About 27% of the Public Investment Fund's assets are located outside Saudi Arabia Plan Public Investment Fund Saudi Arabia to increase annual spending to up...

Saudi Arabia issues international bonds worth $5 billion

The success of the international sukuk issuance is a positive indicator of international investors’ confidence in the Kingdom’s economy and Saudi Arabia’s strategy to...