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…
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Saudi Arabia’s credit default swaps (CDS) have hit a six-month high as its renewed conflict with Yemen disrupts economic activity, although recovering oil exports are helping to soothe investor concerns over its creditworthiness.
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.
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…
