On May 4, 2025, Saudi Arabia’s stock index dropped by 1.1%, influenced by declining oil prices and underwhelming corporate earnings. Major companies …
The IMF cut its 2025 growth outlook for Gulf oil-exporting countries to 2.3%, primarily due to falling oil prices. The region’s economic dependency …
In the first quarter of 2025, Saudi Arabia captured 58% of all MENA venture funding and accounted for 41% of transactions, far …
S&P Global Ratings forecasts that economic growth in Saudi Arabia and the UAE will continue supporting Islamic banking asset expansion in 2025, …
The central banks of the UAE and Saudi Arabia have initiated a joint project to develop a digital currency. This initiative seeks …
At the LEAP 2025 Tech Conference, Saudi Arabia announced new technology investments totaling $14.9 billion. These investments focus on artificial intelligence, cloud …
Saudi Arabia’s top banks have reported record net profits, driven by strong lending growth and increased participation in debt markets. This financial …
The World Bank forecasts that the UAE’s real GDP will grow by 3.8% in 2025. This growth is attributed to robust non-oil …
The central banks of the UAE and Saudi Arabia have initiated a joint project to develop a digital currency. This initiative seeks …
Pakistan is considering the adoption of cryptocurrency as a key component in its financial strategy. An adviser to the government indicated that …
The UAE Fuel Price Committee has announced the fuel prices for May 2025. The updated rates are as follows: Super 98 at …
The International Monetary Fund (IMF) projects that the UAE’s economy will grow by 4% in 2025, driven by strong performances in non-oil …