economy
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Gold prices today: Ounce touches $4500 and 21-karat gold jumps
Gold prices have reached a record high globally, with an ounce hitting $4,498. Learn about the reasons behind this surge and today's gold prices in Saudi Arabia…
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Details of the IMF-Egypt agreement to disburse $3.8 billion
The IMF reaches an agreement with Egypt to combine reviews 5 and 6 and disburse $3.8 billion. Learn more about the financing details and economic developments…
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Gold hits a record high of $4467, and the price per ounce continues to rise
Gold prices surged to a historic high of $4,467 per ounce, while silver saw a 140% year-to-date gain. Read on for details of this record-breaking rise…
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China imposes anti-dumping duties on European dairy products in retaliation against Europe
China escalates trade war, imposing anti-dumping duties of up to 42.7% on European dairy products in retaliation for tariffs on electric vehicles, targeting France…
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Minister of Information: Non-oil sector's contribution to GDP is projected to be 55.4% by 2025
The Saudi Minister of Information announced that non-oil activities will contribute 55.4% to the GDP by 2025, highlighting achievements in housing and artificial intelligence…
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SAMA reduces banking service fees and financing costs by 50%
The Saudi Central Bank has issued a guide to banking service fees, which includes reductions in administrative fees for financing, Mada cards, and transfers, to enhance transparency and support…
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Gold hits record high, surpassing $4,400 an ounce
Gold and silver prices hit new record highs, with the price per ounce exceeding $4,400 amid expectations of a US interest rate cut. Learn more…
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The Energy Information Administration raises its forecast for OPEC's energy production
The US Energy Information Administration report raises OPEC production estimates for 2025 and 2026 based on new benchmarks. Read the details and the impact of spare capacity…
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Construction costs in Saudi Arabia rose by 1% during November 2025
Construction costs in Saudi Arabia rose by 1.0% in November 2025. Learn more about the statistics report and its impact on the sector…
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Gold hits record high of $4,384 per ounce
Gold and silver prices hit record highs, buoyed by US economic data. Gold touched $4,384 amid expectations of an interest rate cut in January. Read more…
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