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Press Dossier   By Date  23/02/2025
Public-private partnerships are empowering Saudi businesses to expand globally, experts believe
Public-private partnerships in Saudi Arabia are enabling domestic companies to learn from the world’s best, while also showcasing what the Kingdom has to offer, experts have told Arab News.
Saudi banks’ new residential mortgages rise 17% to $24bn
Saudi Arabia’s banks issued SR91.1 billion ($24.28 billion) in new residential mortgages to individuals in 2024 — a 17 percent rise on the previous year, according to official data.
Closing Bell: Saudi main index closes in green at 12,388
Saudi Arabia’s Tadawul All Share Index edged up on Thursday, gaining 70.56 points, or 0.57 percent, to close at 12,388.15.
King Salman approves Saudi riyal symbol
King Salman on Thursday approved the official symbol for the Saudi riyal, marking the beginning of a new chapter in the Kingdom’s financial journey, as reported by the Saudi Press Agency.
Saudi credit card lending surges to $8.4bn amid digital payments boom
Credit card lending in Saudi Arabia soared to an all-time high of SR31.37 billion ($8.4 billion) in 2024, reflecting a 16 percent annual increase as the Kingdom accelerates its shift toward digital payments.
Saudi Arabia’s Vision 2030 driving private equity growth in the GCC
Saudi Arabia has emerged as a transformative force in the private equity landscape within the Gulf Cooperation Council, driven by strategic initiatives, regulatory reforms and the nation’s commitment to Vision 2030.
Saudi investment ministry inks deal with Sana to boost entrepreneurial ecosystem in Al-Ahsa
A new cooperation agreement between the Ministry of Investment and Prince Ahmed bin Fahd bin Salman Center will see Saudi Arabia enhance its entrepreneurial ecosystem in the Al-Ahsa region.
Oman, Saudi Arabia ink 3 agreements to strengthen trade ties
Oman and Saudi Arabia signed three agreements on trade, legal services, and manufacturing to strengthen economic cooperation and private sector collaboration.
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