Friday, November 22, 2024

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

Dubai’s new ‘islands’ out to create another offplan property wave

Dubai: It’s not just offplan property launches that are booming in Dubai – there are ‘islands’ too. Coming off the...

UAE clarifies eligibility of applicants for extended visa amnesty

Abu Dhabi: The Federal Authority for Identity, Citizenship, Customs, and Port Security has confirmed that individuals violating residency and visa regulations after September 1...

UAE’s National Day celebrations to be called Eid Al Etihad

The official name for the UAE National Day celebrations is 'Eid Al Etihad', its organising committee announced on Tuesday. The name emphasises the theme of...

UAE: Students who have not cleared EmSAT can reapply to universities

After UAE authorities announced the cancellation of EmSAT entrance exam in early November, the Ministry of Higher Education and Scientific Research allowed universities to...

No luggage queues at Dubai’s new airport

Dubai: Passengers arriving at Dubai World Central’s new terminal won’t have to wait for their bags - instead, the luggage will be ready at...