The Saudi Fund for Development (SFD) signed six concessional development loan agreements worth more than $403 million with Syria on Thursday to support key sectors, including energy, water, health, housing, infrastructure and digital transformation.
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Saudi Arabia's General Organization for Social Insurance (GOSI) has made businesses that have ceased operations and exited the Saudi market eligible for a 100% waiver of outstanding social insurance debts, subject to approved conditions, Asharq Al-Awsat has…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank Purchasing Managers’ Index (PMI) to 54.0 from 55.3 in September, according to data compiled by S&P…
Saudi Awwal Bank (SAB) and the Cultural Development Fund (CDF) have signed a financing agreement to support the development of a new museum in Riyadh, offering visitors an interactive experience that explores aspects of the Kingdom’s history and cultural…
Kuwait faces substantial debt repayments next year as increased government borrowing and pressure on oil revenues add to its fiscal challenges. The government must repay $6.1 billion, plus interest, in domestic and international debt next year, according to…
