Saudi Graduates Urged To Turn Ideas Into Investment Projects
Madinah Gov. Prince Faisal bin Salman on Wednesday patronized the graduation ceremony of 3,384 Taibah University students for the academic year 2017-2018.
Integrating graduates into the labor marke...
May 24, 20181085Category: ECONOMICS
Saudi Banks Are Working To Capitalize On Economic Reforms
Saudi banks, which are working to capitalize on economic reforms, have defied recessionary trends by posting profits during the first quarter of 2018.
The banks have cumulatively reported a 7.5 per...
May 24, 20181101Category: ECONOMICS
Al-Ablaa Center Contains Many Treasures In Saudi Arabia
The northwestern and western towns in Asir province are renowned for their large number of historical sites and villages that host Islamic and pre-Islamic monuments and gold mines.
One of the most im...
May 26, 20181359Category: ECONOMICS
59 Pc Of Commercial Enterprises Registered In Saudi Arabia Remains Inactive
About 59 percent of commercial enterprises registered in Saudi Arabia remains inactive, according to a report in Al-Eqtisadiah newspaper on Sunday.
A total of about 1.3 million commercial establish...
June 04, 20181174Category: ECONOMICS
Saudi Economy Shows Significant Recovery
Saudi Arabia's economy had a strong showing in the first quarter of 2018, thanks to rising oil prices and a surge in the non-crude sector, authorities said Sunday. The National Accounts publicatio...
July 02, 20181017Category: ECONOMICS
7,492 Instances Of Customs Duty Evasion Have Been Reported In The First Quarter
As many as 7,492 instances of customs duty evasion have been reported in the first quarter of this year involving imports of goods worth more than SR672 million.
In a statistical report the Customs...
July 04, 20181125Category: ECONOMICS
Average Monthly Salary Of Saudis Has Jumped To SR10,089
The average monthly salary of Saudis has jumped to SR10,089 during the first quarter of 2018, according to the General Authority of Statistics (GaStat).
The authority, in a report covering the labo...
July 12, 20181216Category: ECONOMICS
Saudi Arabia On Track To Balance Books By 2023
Saudi Arabia is on track to eliminate its budget deficit by 2023 and plans to increase spending by more than 7 percent next year.
The Kingdom’s economy was hit hard by the 2014 oil price cras...
October 01, 2018502Category: ECONOMICS
King Salman Announces 200 Million Dollors Grant To Yemen Central Bank
Yemen’s central bank will get a much needed boost after Saudi Arabia’s King Salman ordered a $200 million grant be given to the institution on Monday.
The bank hiked interest rates to nea...
October 02, 2018870Category: ECONOMICS
Saudi Arms Deals Are Key Factor In US Economic Growth
US arms sales to Saudi Arabia have increased the US economic growth, created numerous jobs in both countries and opened new horizons for joint and permanent cooperation in a myriad of fields and proje...
October 04, 2018875Category: ECONOMICS
Saudi Economic Growth Gets Vote Of Confidence In IMF Report
The International Monetary Fund has published its latest World Economic Outlook report, which will be discussed during the IMF and World Bank annual meetings to be held in Bali, Indonesia, from Octobe...
October 12, 2018724Category: ECONOMICS
US Crude Oil Prices Fall To Negative For The First Time In History
For the First time in the history of US Crude Oil Future Contracts, the prices dropped to more than 100 percent to fall into negative prices, due to lack of demand. The crude oil futures contracts exp...
April 20, 20201153Category: ECONOMICS
7 Bitcoin Issues And Solutions
Just like any new technology, the Bitcoin and its underlying blockchain technology, is not without its shortcomings and challenges. While the Bitcoin has been in existence for more than a decade now, ...
April 21, 20203988Category: ECONOMICS
8 Bitcoin Trading Tips And Common Mistakes
Bitcoin trading is not as easy as you think; the crypto market behaves very differently from the regular stock market. So, experienced traders adept at handling stocks and shares over the years may no...
April 21, 20202006Category: ECONOMICS