The increase in corporate lending comes amid a marked shift in banks’ exposure to the public sector over the past 12 months, according to Capital Economics. The share of commercial bank credit to the ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

A $10 per barrel drop in the oil price would add around 3 percentage points to the budget deficit, says analyst ...

The growth path for retail real estate in Saudi Arabia is looking good for 2025-26. However, the sector is also facing ...

DONALD Trump’s sweeping new tariffs could be the final nail in the coffin for Saudi Arabia’s Neom. The wildly ambitious, ...

Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with ...

Saudi Arabia is gearing up for its first major sale of NPLs — a pivotal move signalling its commitment to global financial ...

Global construction giant Shapoorji Pallonji, one of the Middle East's most trusted main contractors, has announced a ...

Saudi Arabia has a new F1 track debuting in the next few years, and here's what we know about both the track and the ...

In a major move to boost petrochemical output and capture a greater share of global markets, China Petroleum and Chemical ...

Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all ...

The wildly ambitious, scandal-plagued mega-city is now hurtling toward ... attempt to modernise the countryCredit: Reuters Saudi Arabia's NEOM project, despite its ambitious vision, has been ...