GCC Central Banks Cut Interest Rates After US Fed Move Central banks in the Gulf Cooperation Council (GCC) cut their main interest…
PwC Opens New Saudi Office, Focuses on Local Talent and Innovation PwC Middle East has shown its long-term commitment to Saudi Arabia…
PIF Plans New 2030-2040 Strategy for Growth, Projects, and Global Investments Saudi Arabia’s $1 trillion Public Investment Fund (PIF) is preparing a…
Saudi Economy Grows 3.9% in Q2, Led by Non-Oil Sector Saudi Arabia’s economy grew by 3.9% in the second quarter of 2025,…
Non-Oil Business Activity Grows in Saudi Arabia and UAE in August The non-oil private sector continued to expand in both Saudi Arabia…
Saudi Arabia’s Alinma Bank Plans Dollar Sustainable AT1 Issue Alinma Bank in Saudi Arabia plans to issue new dollar-denominated Sustainable Additional Tier…
Saudi PIF’s Assets in 2024 Jump 19% to $913B Saudi Arabia’s Public Investment Fund (PIF) grew its assets under management by 19%…
Saudi Electricity Company Profit Jumps 22% in Q2 as Power Demand Rises Saudi Electricity Company (SEC) said its second-quarter net profit rose…
Saudi Arabia's Economy Stays Strong as Non-Oil Sector Grows, Says IMF The International Monetary Fund (IMF) said Saudi Arabia's economy is doing…
For June, 2024