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Economy

Saudi economic growth to accelerate to 4.7% in 2025: Moody’s

the financial - 21 November, 2024

RIYADH: Saudi Arabia’s economy is set to grow by 1.7 percent this year, before accelerating to 4.7 percent in 2025 and 2026, driven by...

Business

COP29: Developing countries urge action on climate finance deal

the financial - 20 November, 2024

Measures available to manage the rising global temperature are not sufficient, a leading Thai official has told the UN’s climate change conference in Baku. Speaking...

Featured

Saudi Arabia’s endowment investment funds set record with over $267m in net assets

the financial - 20 November, 2024

Net assets of licensed endowment investment funds in Saudi Arabia reached a record SR1 billion ($266.67 million) in 2024, marking a 29.3 percent increase...

Technology

Bargains or bait? UAE Black Friday shoppers warned of digital dangers

the financial - 20 November, 2024

According to recent reports, URL detections in the UAE have risen by 36.5 per cent, increasing from an average of 17.05 per cent in...

Business

UAE to become one of world’s biggest gold trade hubs after surpassing UK

the financial - 19 November, 2024

The UAE is becoming one of the most important hubs for gold trade in the coming years, a recent report by the DMCC revealed. This...

Business

Saudi Arabia, Tunisia sign deal to boost bilateral investments

the financial - 19 November, 2024

Deal focuses on sharing regulations and laws to enhance investment environment in both countries Talks covered several sectors of mutual interest, including industry, transport, and...

Economy

Saudi Arabia’s non-oil economy to grow 4.4% in 2025: PwC

the financial - 19 November, 2024

Kingdom’s non-oil economy expanded by 3.8% in first half of 2024 Saudi Arabia is aligning its economic diversification efforts with sustainability goals RIYADH: Saudi Arabia’s non-oil...

Business

Saudi Arabia’s demand for apartments pushes new mortgages over $16bn

the financial - 18 November, 2024

RIYADH: Banks in Saudi Arabia granted SR60.92 billion ($16.24 billion) in residential mortgages in the first nine months of 2024, an annual rise of 4.88...

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