Economy page

Sumou Real Estate Company announced the signing of a contract to develop a residential and commercial tower in Jabal Omar in Makkah, worth 423.35 million riyals, as part of efforts to support Saudi Vision 2030.

Arab National Bank achieved a 3% growth in its net profits for 2023, reaching 5.11 billion riyals, driven by higher commission income amid a strong Saudi economy.

The Ministry of Municipal Affairs announced 21,000 investment opportunities and contracts worth 12.6 billion riyals through the "Opportunities" portal, as part of efforts to achieve the goals of the Kingdom's Vision 2030.

Analysis of the latest judicial performance indicators of the Zakat, Tax and Customs Committees in Saudi Arabia, and their role in promoting transparency and litigation efficiency to support the investment environment.

Learn about the new Geographical Indications Protection Regulation in Saudi Arabia, and its role in enhancing the value of national products such as Khawlani coffee and protecting consumers within Vision 2030.

A final court ruling confirms an heir's ownership of 500 shares in a company, confirming the transfer of shares to the heirs by virtue of the Saudi Companies Law and the protection of financial rights.

The Central Bank of Russia announced an update to exchange rates, strengthening the ruble against major currencies. Learn about the reasons for this rise and its impact on the Russian economy.

Gold prices experienced a dramatic week, hitting a new record high before suffering their biggest one-day loss. An analysis of the causes and effects.

Analysis of the reasons for the rise of the US dollar against the euro and the yen, and the impact of the nomination of a new Federal Reserve chairman on monetary policy and global markets.

Major US stock indices closed lower, weighed down by investor concerns. An analysis of the reasons behind the Dow Jones and S&P 500 declines and their impact on the markets.