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Saudi economy: Growing deficit and record losses

saudi ecomony

2020 was a stormy year that left many damages to Saudi Arabia and its economy.

Business News Report

Finance

The Saudi Public Investment Fund (PIF), the sovereign wealth fund of the country, recorded a significant increase in the value of its assets, according...

Business

The National Center for Debt Management in Saudi Arabia has completed receiving investors’ requests to issue local sukuk for May 2021. After the National...

Finance

The Kingdom of Saudi Arabia pumps its money into many sectors including the possession of U.S. bonds. This made it the largest investor in...

Business

The Amaala ultra-luxury project in Saudi Arabia is set to obtain green loans amounting to 10 billion riyals ($2.7 billion) next year, according to...