economy
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Extension of the fines waiver initiative until 2026: Terms and details
The fines exemption initiative has been officially extended until June 30, 2026. Learn about the conditions set by the Zakat, Tax and Customs Authority to benefit from the exemption…
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Saudi Arabia secures a $13 billion international loan for Vision projects
The National Debt Management Center announces the completion of a $13 billion syndicated international loan to support energy, water, and infrastructure projects within…
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Sugar prices 2025: Worst annual performance since 2017 and a supply glut
Sugar prices are on track for their worst annual performance since 2017, with losses of 14.5% due to increased Indian production, despite a rise in futures contracts today…
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China restricts beef imports with new tariffs and quotas
China announces restrictions on beef imports from Brazil and Argentina starting in 2026, with a 55% tariff on excess imports to protect domestic production
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Key economic decisions in Saudi Arabia in 2025 to support individuals and businesses
Learn about the most important economic decisions in Saudi Arabia for 2025, including the new investment system, the freeze on Riyadh rents, and fee adjustments…
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Saudi Arabia awards 172 mining licenses with investments of 671 million riyals
In its largest competition to date, Saudi Arabia announces that 24 companies have won 172 mining exploration licenses. Learn more about the mineral belts and their future…
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Regulations governing corporate ownership of real estate in Mecca and Medina – Capital Market Authority
Learn about the details of the Capital Market Authority's new draft regarding real estate ownership by listed companies and investment funds in Saudi Arabia, and the investment regulations in…
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The Saudi stock index rose 109 points with trading volume reaching 3.2 billion
The Saudi stock market index (TASI) closed up 109 points at 10,490 points, amid active trading that reached 3.2 billion riyals, with…
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Syria: Decree to launch new currency and remove two zeros at the beginning of 2026
The Syrian president has issued Decree 293 to replace the currency and begin circulating the new Syrian pound in early 2026 by removing two zeros. Learn more about the replacement mechanism…
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Bitcoin and cryptocurrency prices after the US Federal Reserve minutes
Follow the latest cryptocurrency and Bitcoin prices, which reached $88,548 after the release of the Federal Reserve minutes. A comprehensive analysis of the impact of US interest rates on…
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