Latest news and articles about saudi economy from NEX English
The Saudi stock index experienced a slight increase of 4.17 points, reaching 11343.17 points, with trading valued at 5.4 billion Saudi Riyals. Approximately 271 million shares were traded, with 70 companies seeing gains while 188 companies faced declines.
The World Bank has provided positive forecasts for the Saudi economy, predicting a decrease in the budget deficit this year while the kingdom achieves the highest growth rate among Gulf countries, despite the repercussions of the war in Iran.
The World Bank has issued positive forecasts for the Saudi economy, predicting that the budget deficit will be halved by 2026, with a current account surplus of 3.3%. This comes amidst geopolitical and economic pressures affecting the region.
The Saudi Riyal experienced a notable decline at the start of trading on Thursday, April 9, 2026, raising questions about the reasons behind this drop. This change comes at a sensitive time for the Saudi economy.
The Saudi Riyal has shown significant stability at the close of trading on Wednesday, April 8, 2026. Prices remained steady compared to previous days, indicating a balanced market situation.
The Saudi stock index experienced a significant rise of <strong>251 points</strong>, reaching new levels with trading exceeding <strong>8.4 billion riyals</strong>. This increase reflects an improvement in the Saudi market's performance and positive investor expectations.
The main market index in Saudi Arabia rose by <strong>2.3%</strong>, closing at <strong>11,339</strong> points, marking an increase of <strong>251</strong> points. This surge follows a ceasefire agreement between the United States and Iran lasting two weeks.
Saudi Arabia has announced its commitment to coordinate with Gulf Cooperation Council (GCC) countries to support the stability of the tourism sector. This initiative is part of the Kingdom's efforts to enhance tourism as a fundamental pillar of the national economy.
On Tuesday, April 7, 2026, the Saudi Riyal showed relative stability across six local banks, with varying prices among these financial institutions. The Saudi Riyal is a significant currency in the Arab market, influencing various commercial and tourism transactions.
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 total assets of the Saudi banking sector reached approximately <strong>4.96 trillion riyals</strong> by the end of <strong>2025</strong>, reflecting rapid expansion in the kingdom's financial landscape. This growth was fueled by strong demand for institutional financing linked to infrastructure and development projects.
The main Saudi stock index experienced a slight decline today, with trading volume reaching <strong>4.4 billion riyals</strong>. This drop comes at a time when the market is witnessing notable fluctuations, reflecting a cautious sentiment among investors.
One of the largest petrochemical facilities in Saudi Arabia has announced a halt in production due to the ongoing conflict in the Middle East, significantly impacting supply chains and energy operations in the region.
Data from the General Authority for Statistics reveals that Saudi Arabia's merchandise imports increased by <strong>7%</strong> in January 2026, reaching approximately <strong>81.4 billion riyals</strong> compared to the same month last year. However, imports declined by <strong>3%</strong> compared to December 2025.
The Saudi stock market is currently experiencing confusion in its behavior, prompting a reevaluation of price levels and economic conditions. This phenomenon raises questions about the market's future and its impact on investors.
The Saudi stock market index, TASI, closed on Sunday with a slight increase of 0.03%, reaching 11,272 points, bolstered by strong performance in the insurance and basic materials sectors.
Forecasts indicate that Saudi stocks will experience a horizontal trend in the near future, reflecting a state of stability in the market. This trend emerges amidst changing economic conditions both locally and internationally.
The main index of the Saudi stock market, 'TASI', closed on Thursday with a slight decline of 0.1%, reaching 11268 points, with trading valued at 5.7 billion Saudi riyals.
In March 2023, Saudi stocks demonstrated exceptional performance, surpassing many global markets. This surge reflects the strength of the national economy and investor confidence.
The main Saudi stock index closed today up by <strong>26.36 points</strong>, reaching <strong>11,275.90 points</strong>, with trades valued at <strong>6.5 billion Saudi riyals</strong>. This increase reflects growing investor confidence in the market.
The Saudi financial market index, TASI, recorded a significant increase today, bolstered by strong performances from Aramco and Al Rajhi. This rise reflects investor optimism in the market.
Saudi dates continue to strengthen their presence in global markets, now available in over 1,500 branches of 15 major retail chains across 14 countries. Germany leads new markets thanks to the initiative from the National Center for Palms and Dates.
New statistics reveal that Saudi women are playing a pivotal role in stabilizing unemployment rates in the Kingdom, with a notable increase in their participation in the labor market. This trend is expected to contribute to the national economy by the end of 2025.
Recent reports indicate that the Saudi financial market is the least affected by war-related tensions, largely due to the ongoing support from rising oil prices. This reflects the strength of the Saudi economy in facing global crises.
Reports indicate that Saudi Bank D360's losses have surged to <strong>661 million riyals</strong> in 2025, reflecting significant challenges facing the banking sector in the Kingdom. This situation raises concerns about the sustainability of growth in the financial sector amid major economic transformations.
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 Purchasing Managers' Index (PMI) in Saudi Arabia has seen a significant increase, reaching 60.5 points, indicating the resilience of the national economy. This rise comes as the Kingdom aims to enhance investments and diversify its income sources away from oil.
The Advisory Council for the Affairs of the Two Holy Mosques recently discussed preparations for the upcoming Hajj season. The meeting focused on plans and programs aimed at ensuring the success of the pilgrimage, reflecting ongoing efforts to provide the best services for pilgrims.
The Halal Products Development Company concluded its participation in the 2025 Makkah Forum for Halal by signing five strategic agreements aimed at enhancing Saudi Arabia's leadership in the global halal sector. This initiative aligns with the Kingdom's goals to develop this vital sector.