Moody’s Affirms Saudi Arabia ‘Stable’ Outlook Despite Geopolitical Risks
A Saudi Arabia’s sovereign credit rating affirmed at “Aa3” with a stable outlook by Moody’s last week came as an international testament to the resilience…
Category: SAUDI ARABIA
860,000 Pilgrims Arrive as Saudi Arabia Declares Full Readiness for Hajj
Saudi Arabia said on Wednesday it was fully prepared to receive and serve pilgrims during this year’s Hajj season through an integrated system of security,…
Saudi Telecom Sector Reaps Returns from Cloud Investments
Saudi Arabia’s telecom sector entered a new stage of financial and operational maturity in the first quarter of 2026, as growth moved beyond subscriber gains…
Saudi Arabia to Establish Int’l Center for Digital Governance in Riyadh
Saudi Arabia’s Digital Government Authority has said it held discussions with the United Nations Department of Economic and Social Affairs (UN-DESA) to host in Riyadh…
Saudi Arabia’s Money Supply Breaks $882 Billion Barrier for 1st Time in History
Saudi Arabia’s money supply surpassed the $882 billion mark for the first time in its history at the end of March 2026, as broad money…
Stable House Prices Restore Balance to Saudi Real Estate Market
A calmness in Saudi Arabia’s residential property prices signals a notable shift toward a more balanced and sustainable phase after years of rapid gains, according…
After Hundreds of Millions in Investments, Saudi Grocery App nana Faces Survival Test
Saudi Arabia’s commercial court has opened a new phase in the trajectory of nana, a grocery delivery app, after approving financial reorganization proceedings for its…
Saudi Central Bank Governor National Model Shielded Economy from Shocks
Saudi Arabia’s economy has emerged as a model of resilience and crisis readiness, Central Bank Governor Ayman Alsayari said, citing steady progress under the Kingdom’s…
Saudi Arabia Leads Gulf Growth at 3.1%
The International Monetary Fund cut its 2026 growth forecasts for Gulf economies, citing uneven exposure to energy markets and trade disruptions, as well as differing…
Saudi Aramco Reportedly Sells Oil from Jafurah Field as Huge Project Starts
Saudi Aramco sold oil from its $100 billion Jafurah project in the first reported export from the massive natural gas development, Bloomberg reported. Jafurah is…