33.1 C
Riyadh
Thursday, June 30, 2022
Agree Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here. Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Agree Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here. Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Agree Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here. Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
POS device Consumer spending in Saudi Arabia rose 13% to nearly SAR 113.8 billion in March, from SAR 100.8 billion during the same month last year, according to the Saudi Central Bank's (SAMA) monthly bulletin. Consumer spending includes total cash withdrawals, point-of-sale (POS) sales and e-commerce sales through “Mada” as the following table shows: Consumer
$100 currency Remittances from expatriates in Saudi Arabia grew by 5% year-on-year (YoY) to SAR 14.7 billion in March, according to recent data released by the Saudi Central Bank (SAMA). Compared to the previous month, remittances from expatriates in Saudi Arabia jumped 31%, or SAR 3.5 billion. Expat remittances hit more than 1.5-year high, since
Sharia-compliant finance contracts grew by 18% year-on-year (YoY) to SAR 1.724 trillion in Saudi Arabia in Q4 2021, data from the Saudi Central Bank (SAMA) showed. Sharia-compliant finance agreements cover Murabaja, Tawarruq, finance lease, Mudaraba, Musharaka, and other agreements including credit cards. Sharia-Compliant Finance Agreements Period Value (SAR bln) YoY Change Q1 2020 1299.8 +13%
Agree Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here. Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Logo of the Ministry of Municipal and Rural Affairs and Housing Ministry of Municipal and Rural Affairs and Housing issued almost 238,800 commercial licenses across the Kingdom in 2021, a decrease of 31% year-on-year (YoY). As many as 62,300 new licenses were issued, accounting for 26% of total licenses, while 176,500 licenses, or 74% of total licenses, were
The Kingdom of Saudi Arabia's flag Saudi Arabia’s real gross domestic product (GDP) rose 9.6% year-on-year (YoY) in Q1 2022, achieving the highest growth rate since 2011, data issued by the General Authority for Statistics (GASTAT) showed. The growth was fueled by oil activities that increased by 20.4% in Q1 2022. Non-oil activities saw a