Friday, February 7, 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...

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UAE: Govt employees to get 20 per cent salary hike in Fujairah

A 20 per cent raise in salary has been announced for government employees of Fujairah. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and...

3 Saudi hospitals on Brand Finance’s list of the world’s top 250 hospitals

The health sector in the Kingdom has witnessed remarkable development, as development efforts have achieved a significant improvement in the efficiency of hospitals. Reflecting the...

UAE: Umrah airfares rise 140% ahead of Ramadan

With the holy month of Ramadan approaching, there has been a spike in Umrah enquiries and bookings in the UAE — leading to airfare...

Today Gold Rate in Dubai (UAE) in Dirham, 6th Feb 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 3,977.36 while 24k Per 10 Gram gold price is AED 3,410.00. Usually people...