Business
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Oil Rebound, Non-Oil Grind: Inside Saudi Arabia’s Record May Trade Surplus
Saudi Arabia achieved a remarkable 328.8% year-on-year surge in its trade surplus in May 2026. Consequently, this sharp milestone demonstrates…
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Vision 2030 Milestone: Saudi Arabia Steps Closer Toward 70% Homeownership Target
Why it matters: Saudi Arabia is making rapid progress toward its Saudi Vision 2030 homeownership target. Consequently, thousands of Saudi…
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PIF’s New $9.5 Billion Partnerships Power Saudi Arabia’s Economic Transformation
Saudi Arabia’s Public Investment Fund (PIF) is further reinforcing its pivotal role as a catalyst for economic transformation through new…
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Saudi Arabia, United States Sign Nuclear Energy Cooperation Agreement
Saudi Arabia and the United States have signed an agreement on cooperation in the peaceful uses of nuclear energy, underscoring…
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Boost for Saudi Retail: New 3-Month Discount Season Announced
The big picture: The Saudi Ministry of Commerce launched an exceptional three-month sales season to stimulate retail spending and strengthen…
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ZATCA Sets 31 July Deadline for Saudi Businesses to File VAT Returns
The big picture: The Zakat, Tax and Customs Authority (ZATCA) urged all commercial enterprises in Saudi Arabia to submit their…
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Saudi Arabia’s Biggest Discount Opportunity Yet Arrives This Summer
Saudi Arabia is gearing up to launch an unprecedented three‑month discount season, opening the door for retailers and e‑commerce platforms…
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How Madinah Is Localizing the Sustainable Development Goals
Saudi Arabia is steadily proving that the path to realizing the Sustainable Development Goals should begin at the local level…
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Mining, Manufacturing Push Saudi Operating Revenue Index up 11.4% in May
Saudi Arabia’s Operating Revenue Index rose 11.4 percent year‑on‑year in May, led by robust gains in mining and quarrying and…
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How Saudi Arabia Is Turning into World’s Next Capital Magnet
Saudi Arabia is fast becoming more than an oil economy, as it has rapidly and fundamentally transformed into a premier…
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