Saturday, 25 Jun 2022

Category: Business

Saudi Exports” Concludes Participation in the Saudi-Algerian Business Forum

Riyadh– Saudi Export Development Authority “Saudi Exports”, upon an invitation by the Federation of Saudi Chambers, participated in the Saudi-Algerian Business Forum and the bilateral meetings in Algeria, from 13 to 15 June, with a delegation that included a group of senior Saudi manufacturers and exporters participating in the “Algiers International Fair”, one of the […]

Saudi Arabia Advances in Global Competitiveness Index Related to Financial Market, CMA Reports

Riyadh– The Kingdom of Saudi Arabia has advanced in the financial market index, according to the Global Competitiveness Report 2022 issued by the International Institute for Management Development (IMD), with the Kingdom’s ranking jumped nine indicators out of 12 indicators related to financial markets, while three indicators maintained the same ranking compared to 2021. According […]

Asian Stocks Mixed

Beijing– Asian stock markets were mixed Wednesday ahead of a Federal Reserve decision on how sharply to raise interest rates to cool U.S. inflation, the Associated Press reported.Shanghai and Hong Kong advanced. Tokyo and Sydney declined. Oil prices e…

Asian Stocks Mixed

Beijing– Asian stock markets were mixed Wednesday ahead of a Federal Reserve decision on how sharply to raise interest rates to cool U.S. inflation, the Associated Press reported.Shanghai and Hong Kong advanced. Tokyo and Sydney declined. Oil prices e…

Tourism Development Fund Launches “Tourism Finance Program”

Riyadh– Tourism Development Fund (TDF) announced today the launching of the Tourism Finance Program, which is designed to provide the best solutions and soft financing products for small and micro enterprises, to enable them to benefit from promising …

Asian Shares Fall

Tokyo– Shares were mostly lower in Asia on Thursday, the Associated Press reported.Benchmarks declined across the region, except in Tokyo.The dollar was trading at 133.80 Japanese yen after hitting 134 yen levels earlier in the day, down from 134.20 y…

Asian Shares Mostly Higher

Bangkok– Shares were mostly higher in Asia on Wednesday after U.S. stocks rallied on heavy buying of technology companies, the Associated Press reported. Advancing Chinese technology shares also pushed Hong Kong sharply higher.Benchmarks likewise rose…

GASTAT: Saudi Arabia’s real GDP grew by 9.9% in Q1 2022

Riyadh– The real Gross Domestic Product (GDP) of the Kingdom of Saudi Arabia grew by 9.9% in first quarter of 2022 (Q1/2022) compared to the first quarter of 2021 (Q1/2021) (Y-o-Y) and the seasonally adjusted real GDP increased by 2.6% compared to Q4/…