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Results for

saudi economy

89 Results
  • Foreign direct investment to Saudi up at $3.50 bln in Jan-Sept 2019

    Foreign direct investment to Saudi up at $3.50 bln in Jan-Sept 2019

    Foreign direct investment to Saudi Arabia rose to $3.50 billion in the first nine months of 2019 from $3.18 billion a year ago, Invest Saudi said on ...
    Economy
  • S&P affirms Saudi credit rating, expects quick rebound after oil attacks

    S&P affirms Saudi credit rating, expects quick rebound after oil attacks

    Saudi Arabia’s credit ranking has been affirmed by S&P Global Ratings at “A-/A-2” with a stable outlook, as the Kingdom is seen ...
    Economy
  • New residency permit for skilled expats to reduce Saudi shadow economy: expert

    New residency permit for skilled expats to reduce Saudi shadow economy: expert

    The new “Privileged Iqama” residency permit for skilled expatriates will help reduce unregulated financial activities in Saudi Arabia and ...
    Economy
  • Saudi Arabia seeks to attract $427 bln with industrial program

    Saudi Arabia seeks to attract $427 bln with industrial program

    Saudi Arabia aims to attract investment worth 1.6 trillion riyals ($427 billion) through a national industrial development and logistics program, ...
    Economy
  • IMF predicts continued growth of Saudi economic outlook in 2019

    IMF predicts continued growth of Saudi economic outlook in 2019

    The Director of the Middle East and Central Asia Department at the International Monetary Fund Jihad Azour has said that the outlook for the Saudi ...
    Economy
  • Saudi Arabia Q3 non-oil revenue up 48 percent, finance minister says at FII

    Saudi Arabia Q3 non-oil revenue up 48 percent, finance minister says at FII

    Saudi Arabia's third-quarter non-oil revenue jumped 48 percent from the same period last year, to 211 billion riyals ($56.25 billion), its finance ...
    Economy
  • VIDEO: 4 Moody’s positive outlook for the Saudi economy

    VIDEO: 4 Moody’s positive outlook for the Saudi economy

    Moody’s Investor Service has affirmed the Kingdom’s A1 rating with a stable outlook and raised its GDP growth forecasts for the period ...
    Economy
  • Saudi Arabia denies reports alleging charges on expat remittances as baseless

    Saudi Arabia denies reports alleging charges on expat remittances as baseless

    Saudi Arabia’s Ministry of Finance has issued a statement dismissing reports alleging imposition of charges on expatriates' remittances as ...
    Economy
  • Saudi stocks rise to three-year high as IMF raises growth forecast

    Saudi stocks rise to three-year high as IMF raises growth forecast

    The index of major Saudi stocks closed today, up 85.66 points to close at 8490.75 points, the highest index level in three years, but trading remained ...
    Financial Markets
  • Saudi Arabia releases draft of Private Sector Participation Law

    Saudi Arabia releases draft of Private Sector Participation Law

    In line with the objectives of Saudi Vision 2030 to increase the contribution of the private sector to GDP from 40 percent to 65 percent and as part ...
    Economy
  • Size of foreign investors’ ownership in the Saudi stock market reaches $25.9 bln

    Size of foreign investors’ ownership in the Saudi stock market reaches $25.9 bln

    The number of foreign investors in the Saudi stock market stood at 5 percent at the end of last Thursday, with a total value of SAR 97.2 bln, ...
    Financial Markets
  • Report: Saudi economy shows significant recovery after slowdown

    Report: Saudi economy shows significant recovery after slowdown

    The National Accounts publication of the first quarter of this year showed a significant recovery for the annual real GDP growth after it increased by ...
    Economy
  • Bloomberg: Saudi women driving could add $90 bln to economic output by 2030

    Bloomberg: Saudi women driving could add $90 bln to economic output by 2030

    A Bloomberg Economics report has suggested that the recent historic decree allowing women to drive in Saudi Arabia could add up to $90 bln to the ...
    Economy
  • VIDEO: How Saudi Arabia will reap economic benefits from women driving

    VIDEO: How Saudi Arabia will reap economic benefits from women driving

    A historic Saudi royal decree was issued in October last year granting women the right to obtain driving license.The effects of women driving are ...
    Economy
  • British finance expert: Major foreign investments on its way to Saudi Arabia

    British finance expert: Major foreign investments on its way to Saudi Arabia

    Saudi Arabia has attracted the attention of many major investors and investment portfolio managers in the world after wide-scale economic reforms took ...
    Financial Markets
  • Saudi Arabia starts withdrawing 1 Riyal notes from market

    Saudi Arabia starts withdrawing 1 Riyal notes from market

    The Saudi Arabian Monetary Authority (SAMA) will start withdrawing SR1 banknotes from the market from Thursday, SAMA announced on its website on ...
    Economy
  • PICTURES: Saudi Crown Prince chairs Economic and Development Affairs meeting

    PICTURES: Saudi Crown Prince chairs Economic and Development Affairs meeting

    Saudi Crown Prince Mohammed bin Salman chaired at Al-Salam Palace in Jeddah a meeting of the Council of Economic and Development Affairs on Tuesday. ...
    Economy
  • SAMA launches Fintech Saudi initiative to enable financial technology sector

    SAMA launches Fintech Saudi initiative to enable financial technology sector

    In its Riyadh headquarters, the Saudi Arabian Monetary Agency SAMA launched the Fintech Saudi initiative in order to uphold the financial technology ...
    Economy
  • Saudi economic council adopts Delivery Plan 2020 privatization program

    Saudi economic council adopts Delivery Plan 2020 privatization program

    Saudi Arabia’s Council of Economic Affairs and Development, chaired by Crown Prince Mohammed bin Salman approved Tuesday the implementation of a ...
    Economy
  • Saudi, US companies sign 36 MoUs, deals worth $20 bln

    Saudi, US companies sign 36 MoUs, deals worth $20 bln

    The second Saudi-US CEO Forum began on Tuesday with more than 200 prominent Saudi and American businessmen and a number of ministers and officials ...
    Economy
  • WEF: Saudi Arabia ranks seventh globally in government spending efficiency

    WEF: Saudi Arabia ranks seventh globally in government spending efficiency

    Saudi Arabia ranked seventh worldwide in the “Efficiency of government spending” index, one of the sub-reports of the Global ...
    Economy
  • Joint Saudi-UK forum hosts panel on 2030 plans from ‘vision to implementation’

    Joint Saudi-UK forum hosts panel on 2030 plans from ‘vision to implementation’

    On the sidelines of the historic visit to the UK by Saudi Crown Prince Mohammad bin Salman, a special forum was held with multiple session hosting ...
    Economy
  • Know the 12 retail jobs off-limits for expats in Saudi Arabia

    Know the 12 retail jobs off-limits for expats in Saudi Arabia

    Saudi Arabia's Minister of Labor and Social Development Dr. Ali Al-Ghafees issued a ministerial decision early Monday restricting work in outlets of ...
    Retail
  • Saudi foreign reserves rise for third straight month

    Saudi foreign reserves rise for third straight month

    The Saudi Arabian central bank’s foreign reserves rose in December for a third consecutive month, a sign that higher oil prices may be easing ...
    Economy
  • Saudi finance ministry sells 5.85 bln riyals of domestic sukuk

    Saudi finance ministry sells 5.85 bln riyals of domestic sukuk

    Saudi Arabia's government sold 5.85 billion riyals ($1.56 billion) of domestic sukuk in its fifth monthly offer of domestic sukuk, the Ministry of ...
    Economy
  • Saudi King Salman orders new allowances to offset rising cost of living

    Saudi King Salman orders new allowances to offset rising cost of living

    Saudi King Salman issued a royal decree, on Friday, approving annual gratuity for Saudi civil and military personnel. Based on suggestions by Crown ...
    Gulf
  • Saudi finance minister says decisive measures preserve investment environment

    Saudi finance minister says decisive measures preserve investment environment

    Saudi Minister of Finance Mohammed al-Jadaan said the decisive decisions in Saudi Arabia will maintain the investment environment and enhance trust in ...
    Economy
  • Saudi finance minister: We allocated $54 bln to stimulate the private sector

    Saudi finance minister: We allocated $54 bln to stimulate the private sector

    Saudi Finance Minister Mohammed Al-Jadaan has affirmed that the growth of the non-oil private sector will accelerate with the continued stimulus ...
    Economy
  • Saudi Arabia operates the best banking systems globally, says finance minister

    Saudi Arabia operates the best banking systems globally, says finance minister

    Saudi Arabia is one of five countries around the world that uses the best banking systems, said the kingdom’s Finance Minister Mohammed ...
    Economy
  • Ford Smart Mobility CEO praises Saudi economy transformation

    Ford Smart Mobility CEO praises Saudi economy transformation

    Reports
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