Economy page

Learn about the regulations of the General Authority for Real Estate regarding failure to correct rental violations within 10 days, and the resulting legal procedures to guarantee the rights of the landlord and tenant in Saudi Arabia.

ACWA Power has signed an agreement to build Azerbaijan's first desalination plant, valued at 1.5 billion riyals. Learn more about this strategic project and its economic significance.

Alamar Food Company announced the signing of an Islamic banking facilities agreement with Saudi First Bank worth 30 million riyals to support liquidity and operational activities for a period of one year.

Learn about the new Certified Residents Experience Policy approved by the Authority, details of the required working hours for each branch, and the conditions for obtaining the professional fellowship certificate.

Find out the new exchange rates set by the Russian Central Bank for the period from December 27-29, as the ruble recorded an increase against the dollar, the euro and the Chinese yuan.

Oil prices fell globally, with Brent crude dropping 2.57% to $60.64 and US crude also declining amid concerns about increased supply. Read the details and market impact.

US stock indices closed lower on Wall Street. Learn more about the Dow Jones, Nasdaq, and S&P 500 closings and their impact on global financial markets.

The People's Bank of China pledges to maintain the stability of the yuan's exchange rate and sets a reference rate contrary to expectations, in a move aimed at supporting exports and protecting financial stability.

Learn about the details of the executive regulations for the unified industrial regulation system for the Gulf countries, which was approved by Saudi Arabia, and the licensing procedures and new obligations for investors.