economy
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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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Launch of a guide for licensed freight carriers to support supply chains
Learn more about the Public Transport Authority's launch of a directory of licensed freight transport operators via a logistics platform, aimed at supporting supply chains locally and regionally and enhancing…
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America temporarily lifts the lid on Russian oil to stabilize markets
Learn about the details of the US Treasury's decision to temporarily lift sanctions on Russian oil and its impact on the stability of global energy markets in light of…
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The Red Sea ports have a capacity of 112,000 containers per week
Saudi Arabia's Red Sea ports have recorded a handling capacity exceeding 112,000 containers per week, strengthening supply chains and the Kingdom's position as a hub…
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Merging the National Competitiveness Center and the Saudi Business Center into one entity
The Saudi Center for Competitiveness and Business announced the merger of the National Competitiveness Center and the Saudi Center for Economic Business into a single entity, aiming to…
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Gold prices surpass $5,000 amid economic uncertainty
Gold prices remain above $5,000 an ounce despite geopolitical tensions. Learn about the impact of the energy crisis and stagflation on the economy…
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