Friday, May 16, 2025

Saudi economy

Liquidity in the Saudi economy reaches its highest level in its history

Cash liquidity records the latest record in the history of the Kingdom. Liquidity levels in the Saudi economy have reached their highest level, exceeding 2,823 trillion riyals. Levels continued Liquidity in the economic system Saudi Arabia achieved strong growth, reaching...

Cash liquidity in Saudi Arabia declines by 10 billion riyals within a week

Cash liquidity in Saudi Arabia increased by 4.75% by 128 billion riyals from 2.685 trillion riyals on December 31, 2023 to 2.813 trillion riyals on April 25, 2024. An analysis conducted by “Arabian Business” showed the weekly data of the...

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...

Latest News

UAE Launches 180-Day Permit for Expats to Apply for Blue Residency Visa

The UAE has introduced a 180-day multiple-entry permit allowing expats to apply for the Blue Residency visa — a...

Sheikh Hamdan announces new leaders for key Dubai government entities

Dubai: Following the approval of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity...

UAE Golden Visa: 7 additional professions eligible for 10-year residency permit

As people from all over the world make UAE their home, the country's leaders have introduced initiatives such as 10-year residency to support talent....

Dubai Airport will close as Al Maktoum races to completion; what is DXB’s future?

With the first phase of new Al Maktoum International Airport set for completion by 2032, the closure of Dubai International Airport (DXB) has been...

Dubai: Sheikh Hamdan announces Golden Visa for nurses

Dubai will now offer golden visas to nurses employed with Dubai Health who have served for more than 15 years under the directives of...