Saudi AUM hits record $295bn, on track for $500bn by 2030: S&P Global
Saudi Arabia’s asset management industry grew 12 percent annually from 2015 to 2024, with total assets reaching nearly $295 billion by the first quarter of 2025, according to S&P Global. […]
Prince Faisal co-chairs Saudi-Tunisian committee to enhance political cooperation Previous
Prince Faisal bin Farhan, Saudi Arabia’s minister of foreign affairs, co-chaired the fourth session of the Saudi-Tunisian Follow-up and Political Consultation Committee with his Tunisian counterpart, Mohamed Ali Al-Nafti, in […]
Saudi Arabia opens debt market to crowdfunding, tightens governance of special purpose entities
Saudi Arabia’s Capital Market Authority approved a regulatory framework enabling licensed firms to offer sukuk and debt instruments through crowdfunding platforms, expanding financing access and diversifying funding sources. The framework, […]
Crown prince leads Saudi, Arab condemnation of Israel’s ‘criminal’ Doha attack Previous
Saudi Arabia on Tuesday strongly condemned what it described as a “brutal Israeli aggression” against Qatar following an attack on the capital Doha, which Israel said was a strike targeting […]
Gulf Chemicals & Industrial Oils Co. (GCIR): Leading the GCC in Industrial Resins, Solvents, and Specialty Oils
Gulf Chemicals & Industrial Oils Co. (GCIR): Leading the GCC in Industrial Resins, Solvents, and Specialty Oils Gulf Chemicals & Industrial Oils Co. (GCIR) is one of the largest manufacturers […]
Saudi Arabia sees record 144% rise in new mining exploration licenses in H1
Saudi Arabia issued a record number of new mining exploration licenses in the first half of 2025, marking a 144 percent year-on-year rise, official data showed. A total of 22 […]
Two-state solution conference poised to convene at UN as famine spreads in Gaza
‘ As the international community braces for the two-state solution conference in New York on July 28-29, co-chaired by Saudi Arabia and France, expectations are high for renewed political will […]
Fitch affirms Saudi Arabia’s ‘A+’ rating with stable outlook
Fitch Ratings has affirmed Saudi Arabia’s long-term foreign-currency issuer default rating at “A+” with a stable outlook. The agency cited the Kingdom’s strong fiscal and external balance sheets, continued growth […]
Saudi and Syrian business leaders commit to energy sector revival
Saudi and Syrian business leaders affirmed their readiness to support the redevelopment of Syria’s energy infrastructure following a high-level meeting in Riyadh. The participants presented proposals for joint projects focused […]
Saudi bank loans hit $845bn as corporate lending booms
Saudi banks’ total outstanding loans reached SR3.17 trillion ($844.7 billion) at the end of May, an annual increase of 16.28 percent, according to the latest official data. Figures released by the […]
