Browsing: Economy

Steven Sahiounie, journalist and political commentator On August 30, at 8:00 pm. local time, Israel struck a four-story residential building…

The financial sanction is the result of the findings of an examination conducted by the CBUAE

Overall outlook for the Gulf Cooperation Council (GCC) energy and non-energy sectors is positive

Shareholder of Russia’s largest iron ore producer Metalloinvest Alisher Usmanov nursed the heaviest losses in the period, with his fortune losing $4.85 bln to $16.2 bln

RIYADH: OPEC+ has decided to keep its oil output policy unchanged including a plan to start unwinding one layer of output cuts from October.

RIYADH: Saudi Arabia’s seasonally adjusted real gross domestic product grew by 1.4 percent in the second quarter of 2024, compared to the previous three months, driven by non-oil activities, official data showed.  

RIYADH: The global environmental, social, and governance sukuk market saw significant growth in the first half of 2024 – rising 41 percent year-on-year to reach $43 billion, according to Fitch.

RIYADH: Saudi Arabia’s real estate price index edged up by 1.7 percent in the second quarter of 2024, compared to the same period last year, driven by a surge in residential sector costs, official data showed.  

Private payrolls rose by 122,000 jobs this month after advancing by an upwardly revised 155,000 in June

The number of Saudi workers in the private sector rose from 1.7mln in 2019 to over 2.3mln in 2024, while the unemployment rate decreased to 6.7% in the first quarter of 2024