Latest news and articles about اقتصاد سعودي from NEX English
A recent report indicates that real estate prices in Riyadh have positively responded to the goals of real estate balance, reflecting new economic trends in the market. This change highlights the government's efforts to improve the investment environment in the real estate sector.
Investment Minister Fahd Al-Saif inaugurated Lenovo's regional headquarters in Riyadh, highlighting the Kingdom's appeal as a regional investment hub. This initiative aligns with Vision 2030 aimed at diversifying the Saudi economy.
Saudi authorities announced that the kingdom's foreign reserves cover imports for two full years, exceeding global averages. This step reflects the strength and stability of the Saudi economy amid global challenges.
The Taif rose, a prominent agricultural product in Saudi Arabia, possesses unique characteristics that make it a strong candidate for global luxury brands. The Kingdom is actively seeking international partnerships to promote this industry.
The Saudi Riyal has experienced a new increase, reaching <strong>27 piastres</strong> during mid-bank transactions on Thursday, April 2, 2026. This marks the second rise in a short period, reflecting financial market volatility and its impact on currencies.
The Saudi stock market index saw a remarkable increase today, rising by <strong>91 points</strong> to close at <strong>11,167 points</strong>, the highest level in <strong>45 days</strong>. The total trading value reached approximately <strong>6.1 billion riyals</strong>.
The Saudi main market index (TASI) ended Monday's session with a notable increase of <strong>0.8%</strong>, closing at <strong>11,167 points</strong>, the highest level in over a month and a half, supported by the rise of leading stocks.
The 'Markaz Al-Balad Al-Amin' initiative has witnessed the signing of agreements worth over <strong>half a billion riyals</strong>, reflecting Saudi Arabia's commitment to enhancing economic and social development.
The Miami Summit has captured the attention of investors regarding investment opportunities in Saudi Arabia, despite the economic and political challenges facing the region. This summit comes at a crucial time as the Kingdom seeks to enhance its position as a key investment destination.
Dr. Musfer Bin Jarallah's articles in the Economic Journal provide valuable insights into current economic issues affecting Saudi and Arab economies. He highlights the challenges and opportunities faced by these economies in a rapidly changing global landscape.
Amid unprecedented global turmoil, the Saudi economy stands out as a model of resilience and adaptability, largely due to proactive economic policies. This flexibility is crucial as supply chains face significant pressure from the closure of the Strait of Hormuz.