economy
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The Ministry of Finance requires government agencies to sell movable assets through an approved auction
The Saudi Ministry of Finance has decided to require government agencies to offer movable assets through an "Etimad Auction" to enhance transparency and improve asset efficiency within the framework of Vision 2030.
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Christine Lagarde's real salary: shocking figures and a comparison with the Federal Reserve
A Financial Times analysis reveals that European Central Bank President Christine Lagarde's income is 50% higher than publicly stated, reaching four times her declared salary…
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Saudi stocks close down 185 points with a trading volume of 2.5 billion
The Saudi stock market index fell 185 points today amid trading of 2.5 billion riyals. See the top gainers, losers, and overall performance..
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Gold price predictions 2026: Will the ounce reach $5000?
Discover the 2026 gold price forecast according to experts from the Financial Times and Goldman Sachs. Will the precious metal continue its historic rise towards…
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Aramco to introduce 98-octane gasoline for sports cars in Saudi Arabia in 2026
Saudi Aramco announces the launch of 98-octane gasoline for sports and high-performance vehicles in Riyadh, Jeddah, and Dammam starting in January 2026. Learn more…
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OPEC+ suspends oil production increases in February and March 2026
The eight OPEC+ countries decided to suspend their planned oil production increases during February and March 2026. Learn more about the meeting and the impact of the decision…
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Philadelphia Federal Reserve: No interest rate cut imminent, cautious optimism
Anna Paulson, president of the Philadelphia Federal Reserve, rules out an interest rate cut soon, citing a stable economy and declining inflation following aggressive monetary easing last year…
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Morocco extends subsidies for soft wheat imports until April 2024
The Moroccan government continues to support soft wheat imports through a refund system to ensure stable bread prices and secure strategic reserves amidst challenges…
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Property prices in Riyadh have fallen by 50% following the white land tax
Learn about the details of the decline in property prices in Riyadh, reaching up to 50% in the northern neighborhoods, and the impact of vacant land fees…
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Saudi banks' investments in treasury bonds approach 650 billion riyals
Saudi banks' investments in treasury bonds rose to SAR 649.1 billion by the end of November 2025, registering an annual growth of 11%, according to…
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