Economy page

The Saudi Minister of Finance revealed the outlines of a new five-year plan aimed at diversifying the economy by supporting the tourism, manufacturing and technology sectors, within the objectives of the Kingdom’s Vision 2030.

Follow the latest updates on the Saudi Riyal to Egyptian Pound exchange rate today at the National Bank of Egypt, Banque Misr, and other banks. Learn about the reasons for the fluctuations and their impact on transfers.

Follow the latest gold price updates in Saudi Arabia today. The price of a gram of 21-karat gold, the most traded, has decreased, with details on prices for all karats and the impact of global factors.

Follow the latest updates on the dollar to Egyptian pound exchange rate today. The exchange rate saw a slight decline in banks at the close of trading, under the flexible exchange rate system.

Jamjoom Fashion recorded strong growth in profits for the first quarter of 2025-2026, driven by increased sales and thoughtful expansion, reflecting the strength of the Saudi retail sector.

Gold prices rose today as the dollar weakened. Investors are awaiting US inflation and jobs data to determine the next step in interest rates.

The board of directors of Care International announced a recommendation to use 55.3 million riyals from the statutory reserve and share premium to offset part of its losses, which amounted to 95.3% of the capital.

Riyadh Development Company announced the termination of a SAR 2.1 billion real estate fund development agreement by mutual consent, in a move that reflects a review of its strategic priorities.

Minister Majid Al-Hogail revealed the size of the municipal sector and its role in achieving Vision 2030, as it oversees 7 million workers and 970,000 establishments, while offering huge investment opportunities.

Al-Azizia REIT Fund announced its success in collecting SAR 1.5 million in outstanding dues, reflecting the efficiency of the management and enhancing the cash flow and financial position of the fund.