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Day: December 11, 2024

Saudi insurance sector’s outlook stable in 2025: S&P Global

Saudi Arabia’s insurance sector is set to remain resilient in 2025, with expected growth in top-line revenue between 10 percent and 15 percent, according to a new analysis. In its […]

PIF launches Adeera to redefine Saudi hospitality with local brands

Saudi Arabia is making a significant move to develop its own homegrown hospitality brands with the launch of Adeera, a new hotel management company fully owned by the Public Investment […]

Robust manufacturing sector lifts Saudi industrial index by 5%: GASTAT

Saudi Arabia’s industrial production index rose by 5 percent year on year in October, driven by robust growth across key economic sectors, official data showed. According to figures from the General […]

Minister of Economy and Planning Meets with Middle East Institute Delegation

Minister of Economy and Planning Faisal Alibrahim has met with a delegation from the Middle East Institute to discuss the Kingdom’s economic diversification efforts under Saudi Vision 2030, and the […]

Saudi Economy’s Liquidity Grows by over SAR247 Billion

Liquidity levels, or “available money,” in the Saudi economy have grown by more than SAR247.647 billion year-on-year, reflecting an increase of 9.2% and reaching SAR2,936.089 billion by the end of […]

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