economy

US and European stocks fall as Middle East war escalates

Learn about the reasons behind the decline in US, European, and Asian stocks, and the impact of rising oil prices and the Middle East war on the global economy and market indicators…

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Desalination plants in the Gulf: Vital infrastructure under a protective umbrella

A British report indicated that military tensions in the region have once again highlighted the importance of desalination plants in the Gulf states…

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Higher oil prices reduce Saudi Arabia's budget deficit for 2024

Learn about the impact of rising oil prices and geopolitical tensions on the Saudi budget, and experts' predictions that the fiscal deficit will shrink to less than 3.5%…

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Saudi economic growth, accelerated diversification, and legislative reforms

Learn about the reasons behind the growth and acceleration of the Saudi economy thanks to economic diversification and legislative reforms within Vision 2030, and its local and international impact on…

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15 million shipments and 500,000 trucks secure the Kingdom's markets for Ramadan

Discover the massive logistical preparations for Ramadan in Saudi Arabia, where 15 million shipments race against time and 500,000 trucks work to ensure…

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Gold prices fell globally as the dollar strengthened and inflation fears grew

Learn about the reasons behind the decline in gold prices for the second consecutive week, pressured by the rising dollar, the impact of geopolitical tensions, and inflation fears on the markets…

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Iran war drives up gasoline prices by 23.5% in America

Gasoline prices in the United States saw a significant increase, with the average price reaching approximately $3.68 per gallon on Saturday, an increase of about…

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America begins emergency release of 86 million barrels of oil from the reserve

The Trump administration has begun a massive drawdown of the U.S. strategic petroleum reserve, issuing a request to exchange 86 million barrels of oil…

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Details of the high electricity consumption tariff in Saudi Arabia

Learn about the details of the electricity regulatory decision to set the tariff for high-consumption buildings between 12 and 24 halalas, and discover the stages and requirements to enhance efficiency…

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Standard & Poor's affirms Saudi Arabia's credit rating at A+

Standard & Poor's affirms Saudi Arabia's credit rating at A+ with a stable outlook, confirming the Kingdom's ability to overcome regional tensions and secure…

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