Riyadh: The Saudi Ministry of Finance announced today September 30, 2025, the Pre-Budget Statement for Fiscal Year 2026, which estimates total expenditures will reach about SAR1,313 billion, total revenues about SAR1,147 billion, recording a deficit of 3.3% of GDP, while confirming that the government will continue to adopt expansionary spending

Riyadh: The Abha Chamber today received a delegation from the Consulate General of Indonesia in Jeddah to discuss strengthening bilateral economic relations and exploring joint investment opportunities. The meeting reviewed the volume of trade exchange between the two countries and ways to enhance it. According to Saudi Press Agency, the

Riyadh: The Saudi Stock Exchange Main Index ended trading higher today, gaining 68.79 points to close at 11502.97. The total value of traded shares amounted to SAR7.8 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (NOMU) also closed higher, gaining 45.12 points to settle at 25472.44, with

Riyadh: Saudi Aramco President of Refining, Chemicals, and Marketing Mohammed Al-Qahtani outlined the company’s strategic expansion in this sector, emphasizing its role in meeting the world’s growing energy needs. According to Saudi Press Agency, Al-Qahtani underscored the importance of technological innovation and workforce development in driving transformation in the refining,

Riyadh: The Saudi Stock Exchange Main Index ended trading lower today, falling by 78.57 points to close at 11,229.54 points. The total value of trading reported was SAR4.8 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (NOMU) also declined, losing 5.60 points to close at 25,455.54 points,

Riyadh: The Ministry of Energy has announced the start of the Prequalification Process for tenders related to the licensing, development, ownership, and operation of natural gas distribution networks in specific industrial cities. These cities include Sudair City for Industry and Businesses, Al-Kharj Industrial City, and Jeddah’s First, Second, and Third