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Saturday, November 21 - 2009
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An announcement is expected on the Saudi mortgage law this year

Saudi real estate sector to exceed $400bn in 2010

The real estate sector in Saudi Arabia continues to retain its appeal, despite the global... Read full article »
Saudi Arabia: Monday, November 02 - 2009 at 12:18
The Saudi deficit fell to 13.5% of GDP in 2008

Saudi Arabia: Public debt reduced to SR237bn

Saudi Arabia's government has used the budget surplus of recent years to reduce public debt from... Read full article »
Saudi Arabia: Tuesday, October 13 - 2009 at 16:00
Saudi Arabia received $38bn on FDI in 2008

Saudi Arabia tops regional foreign investment

Saudi Arabia topped the list of Arab and regional countries in attracting foreign direct... Read full article »
Saudi Arabia: Tuesday, September 29 - 2009 at 12:55
Saudi Arabia ranked first in the region in terms of gold traded

Saudi gold consumption tops SR16.5bn

Gold consumption in Saudi Arabia grew last year by 17% in terms of value, breaking the SR16.5bn... Read full article »
Saudi Arabia: Monday, August 17 - 2009 at 15:29
Developers in Saudi Arabia are targeting the luxury market

Saudi housing market facing mid-income unit shortfall

Pressure on Saudi Arabia's housing sector continues to grow as demand for low-income housing... Read full article »
Saudi Arabia: Tuesday, July 28 - 2009 at 10:39
The Saudi government is looking to invest heavily in its tourism sites

Saudi 2008 tourism revenues hit SR 78.5bn

Saudi Arabia's total tourism income in 2008 was SR78.5bn. The primary beneficiaries of this... Read full article »
Saudi Arabia: Monday, June 29 - 2009 at 11:50
Saudi Arabia is expected to introduce a mandatory escrow account system for off plan sales

Saudi real estate regulations to follow Dubai model

This is a very exciting time for the Saudi property market. With an eye to some of the excesses... Read full article »
Saudi Arabia: Monday, June 01 - 2009 at 16:17
Saudi's real estate sector will contribute 5.8% to GDP by the end of 2009

Saudi forecasts real estate growth

Saudi Arabia's real estate sector contributed an estimated 5.1%, or SR55bn, of the kingdom's GDP,... Read full article »
Saudi Arabia: Thursday, May 07 - 2009 at 12:13
Saudi Arabia will increase gasoline imports in April

Saudi Arabian non-oil exports fall by SR1.7bn

Saudi Arabia's non-oil exports have dropped by 18% to about SR7.866bn compared to SR9.613bn... Read full article »
Saudi Arabia: Tuesday, April 14 - 2009 at 13:02
Saudi Arabia will allocate $400bn to stimulate the economy

Saudi adopts $400bn stimulus plan

During the G20 summit meetings, held in London last Thursday, Saudi Arabia adopted a $400bn... Read full article »
Saudi Arabia: Wednesday, April 08 - 2009 at 12:53
Saudi Arabia, the world's largest oil exporter, hopes to also become the world's largest exporter of solar power

Saudi Arabia projects continuity of oil production

Saudi Arabia has warned of the risks that could result from energy supply shortages unless large... Read full article »
Saudi Arabia: Thursday, April 02 - 2009 at 12:03
Saudi Arabia's inflation rate dropped to 6.9% in February

Saudi Arabia: Inflation drops to 6.9%

Annual inflation in Saudi Arabia dropped to 6.9% last February after hitting 7.9% last January, a... Read full article »
Saudi Arabia: Sunday, March 22 - 2009 at 09:53
The number of ATM cards and transactions in Saudi Arabia continues to increase

Sama backs Saudi banks with SR26bn

In an attempt to enhance stability in the Saudi banking sector in light of the global financial... Read full article »
Saudi Arabia: Tuesday, March 17 - 2009 at 13:44
Saudi Arabia has said that it has no need to use loans to cover its deficit

Saudi Arabia sees no need for loans to cover deficit

Saudi Arabia has stressed that it sees no need to borrow to cover the projected deficit this... Read full article »
Saudi Arabia: Monday, March 02 - 2009 at 15:31
Saudi banks have posted 2008 profits of SR26bn

Saudi banks post SR26.3bn profits despite world financial crisis

Saudi banks seem to have been able to bypass the world financial crisis, which has led to the... Read full article »
Saudi Arabia: Wednesday, February 04 - 2009 at 12:59
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