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2020 was a stormy year that left many damages to Saudi Arabia and its economy.
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2020 was a stormy year that left many damages to Saudi Arabia and its economy.
Saudi oil production in 2020 was 6.4% lower than in 2019 – the lowest rate in 10 years. Saudi Energy Ministry data said that...
Saudi Central Bank data showed an increase in the percentage of personal loans in the kingdom at the end of 2020, by 8.76%, an...
Saudi general reserves fell by SR110.9 billion ($29.5 billion) year-on-year to SR 358.7 billion in 2020, Argaam said. On a monthly basis, the Kingdom’s...
The Saudi Bank said the consumer spending rate during 2020 amounted to SR1.025 trillion, recording a decrease of 1.4%. The average consumer spending was...
Saudi Arabia’s statistics authority will begin tracking tourism’s contribution to its economic output, according to a statement on Saturday. The Tourism Establishment Survey will...
Saudi Arabia’s Central Bank announced, in its monthly report, that its reserves in foreign exchange decreased by 9.19% on an annual basis by the...
The Saudi General Authority for Competition said it approved finalizing the merger between the National Commercial Bank and Samba Financial Group. GAC said Kingdom needs pioneering and...
For more than five years, Saudi housing sector has witnessed many challenges, most prominently lacking housing units alongside a great demand. However, the situation...
The Saudi Ministry of Finance announced offering Sukuk worth SR2.955 billion ($788 million) in the local market. The issue size was set at SR2.96...