In addition to its iconic luxury properties, Saudi Arabia has emerged as one of the hottest destinations for new hotel and resort openings, welcoming myriad new properties over the last couple of …
Saudi Arabia extends USD 3 billion deposit term to cash-strapped Pakistan
Pakistan’s central bank on Friday said that Saudi Arabia has extended its term for a USD 3 billion deposit to support the cash-strapped country’s fragile economy. Saudi Arabia, a close friend of …
Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan
Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan’s foreign reserves, state news agency SPA and Pakistan’s central bank said. Saudi Arabia deposited the money in …
Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan
Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan’s foreign reserves, state news agency SPA and Pakistan’s central bank said. Saudi Arabia deposited the money in …
Saudi Arabia extends term of $3bn deposit: SBP
The SFD extended the term for the deposit provided by the Kingdom of Saudi Arabia in the amount of $3 billion to the SBP,” read an SBP statement. The extension of the $3 billion deposit is considered …
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.68%
Saudi Arabia stocks were lower after the close on Thursday, as losses in the Energy & Utilities, Financial Services and Media & Publishing sectors led shares lower. At the close in Saudi Arabia, the …
Saudi Arabia Residential AC Market Size to Have $917.8 Million by 2030, Says P&S Intelligence
In 2021, the Saudi Arabian residential AC market accounted for a size of $521.6 million, and it is expected to grow at a 6.5% CAGR between …
Careem marks Pakistan as largest ride-hailer
The countries with the highest number of rides recorded are Pakistan at 299 million – with a population of around 214 million, Saudi Arabia’s rides were recorded at 242 million – with a population of …
Saudi Arabia has plans to overtake UAE as regional finance powerhouse: Expert
The rising oil prices backed sound domestic economy will be another major factor aiding hastening the country’s transition to a global financial hub Saudi Arabia has plans to overtake UAE as regional …
Nestlé to invest SAR 7bn in Saudi Arabia over ten years
Nestlé will invest SAR 7 billion (approx. $1.86 billion) in Saudi Arabia in the next ten years to support business growth. It will begin with an investment of up to SAR 375 million (approx. $99.8 …