Saudi Arabia launches $266m program to promote eco-friendly projects

Saudi Arabia has unveiled a new environmental financing initiative worth SR1 billion ($266.6 million), supported by Riyad Bank, to encourage private sector participation in sustainable and eco-friendly projects. Abdulrahman Al-Fadhli, […]
Saudi Arabia’s inflation holds steady at 2% in February: GASTAT

Saudi Arabia’s inflation held firm at 2 percent year on year in February, driven largely by rising housing costs, official data showed. According to the General Authority for Statistics, the […]
Saudi Arabia’s top body reviews economic performance, global outlook

Saudi Arabia’s Council of Economic and Development Affairs hosted a virtual meeting to discuss financial performance and global developments, focusing on improving public sector contributions. Operating under the Council of […]
Global trade hits record $33tn in 2024, growing by 3.7%: UNCTAD

Global trade reached a record high of $33 trillion in 2024, marking a 3.7 percent increase from the previous year, driven by an uptick in the services sector. According to […]