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Tag: Saudi Arabia

Posted on March 11, 2024

Saudi Arabia’s real GDP shrinks 0.8% in 2023, oil sector weighs

The latest data shows that Saudi Arabia’s economy shrank 4.3 per cent in Q4 2023 after a 16.2 per cent year-on-year decrease in oil activities.
Posted on March 11, 2024

Muslim HNWIs worldwide ready to spend $2bn in Saudi real estate: report

Although rules vary for purchasing property in Saudi Arabia for locals, GCC nationals and expat residents, special conditions apply to property ownership in Makkah and Madinah. Other than through …

( read original story …)



Posted on March 10, 2024

Muslims spot Ramadan crescent moon in Saudi Arabia, meaning month of fasting starts Monday for many

Officials in Saudi Arabia have declared the start of the fasting month of Ramadan after sighting the crescent moon Sunday night.
Posted on March 10, 2024

Closing Bell: Saudi main index rises to close at 12,619

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 40.74 points, or 0.32 percent, to close at 12,618.62.  The total trading turnover of the benchmark index was SR7.59 billion …

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Posted on March 10, 2024

Bangladesh to play two closed-doors matches against Sudan in Saudi Arabia

Bangladesh football team are set to play a couple of friendly practice matches against Sudan in Saudi Arabia ahead of the crucial World Cup qualifying games against Palestine.
Posted on March 10, 2024

Big companies heed Saudi Arabia’s demand to set up regional HQs

Prince Mohammed, the kingdom’s day-to-day leader, wants Saudi Arabia to become a regional finance and trading hub, a status enjoyed by Dubai, and ensure businesses profiting in Saudi Arabia are based …
Posted on March 10, 2024

Ramadan 2024 Crescent Moon Sighting in Saudi Arabia, know details

Ramadan is the holiest month in Islam observed worldwide. Muslims eagerly await the sighting of the crescent moon to signal the start of Ramadan. It i …
Posted on March 9, 2024

Arizona governor turns off taps for Saudi business pumping 5.3 billion gallons of water annually

Arizona terminated a lease with a Saudi Arabian farm that was pumping enough water from the state to supply nearly 50,000 Phoenix homes in one year.
Posted on March 9, 2024

Verstappen wins Saudi Arabia Grand Prix with debutant Bearman seventh – as it happened

Stand-in Ferrari driver Oliver Bearman headed a run of four British drivers in the points behind another Red Bull procession at the front …
Posted on March 9, 2024

Motor racing – Verstappen continues winning streak in Saudi Arabia

Max Verstappen won the Saudi Arabian Grand Prix from pole position on Saturday as Red Bull continued their dominant start to the Formula One season with a second one-two in as many races. Mexican …

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