Finance & Investment

1.251 trillion riyals is the expected spending in the Kingdom's 2024 budget

Reading time: 2 Minutesأعلنت وزارة المالية توقعات الميزانية العامة للمملكة للسنة المالية 2024 بحقيق إيرادات قدرها 1.172 تريليون ريال في 2024، بينما تبلغ المصروفات المعتمدة 1.251 تريليون ريال، ... Read more

Projected revenues of 1.172 trillion riyals and a deficit of about 79 billion riyals with economic growth of 4.4% in 2024

06/12/2023

Kingdom Budget 2024
Real estate stock exchange

1.5 trillion riyals in real estate transactions in 2024

According to the Digital Transformation Benchmarking Report 2024: 237 million documents digitized, 740,000 trades processed, and 1.42 million sukuk updates completed.

Yesterday, Thursday. The real estate bourse records trades worth SAR 1.3 billion in 1,505 transactions

The index fell 1.85% to 10,249.71 points, with trading concentrated in the neighborhoods of Rimal, Sidra and Nadhim.

Real estate stock exchange

Tuesday... The real estate bourse records 1,431 transactions worth SAR 1,159,581,528

The real estate bourse index fell 3.07% to 10,252.23 points with 5.42 million square meters traded and prices up to 27,500 riyals

Annual Reception

Reconnaissance: The annual business community reception is the perfect platform to collaborate on investment opportunities

The Riyadh Chamber brought together leaders, businessmen and officials to empower the private sector and promote partnerships and investment opportunities.

International Monetary Fund Riyadh office market

Real estate bourse transactions exceed 10.9 billion riyals in a week. And Riyadh's neighborhoods are leading

8131 transactions were recorded with a traded area of 29.3 million square meters and an average price of 371 riyals per meter.

Hani Khashoggi - Foreign Ownership - 95th National Day

Mondial 34. And change for the better

FIFA awarded Saudi Arabia the 2034 World Cup with a historic rating of 419.8/500, the result of Vision 2030 and the support of the Crown Prince.

Liquidity in the Saudi economy grows in a year by more than 247 billion riyals by the end of October

The money supply (n3) stood at SAR 2,936,089 mn at the end of October, up 9.2% year-on-year, according to central bank data.

Saudi Central Bank

Saudi Central Bank announces the launch of samsung pay in the Kingdom

It enables users to add and manage mada cards and digital credit cards via the Samsung Wallet app to enhance payments and financial inclusion.

Real Estate Marketing - Lana Al-Shabaneh - The Line

“The Line Sustainable innovation

The 170-kilometer-long NEOM project aims to create a car-free city powered by artificial intelligence and renewable energy.

Real estate stock exchange

1.4 billion riyals in real estate transactions in a day. Riyadh leads the transactions

1,494 transactions were recorded with a traded area of 3.7 million square meters and an average price per meter of SAR 379.

Chaired by His Highness the Crown Prince. Cabinet approves the state's general budget for fiscal year 2025

Adoption of the 2025 budget: Revenues SAR 1,184 billion, expenses SAR 1,285 billion, deficit SAR 101 billion and guidance for implementation within Vision 2030

Future Investment Initiative Conference kicks off in Riyadh

Under the patronage of the Custodian of the Two Holy Mosques at the King Abdulaziz International Convention Center

Infographic: 49 projects qualify for the “Enabling Mining Exploration” program”

First batch qualifies 6 companies and 49 projects after evaluating 82 applications, covering 4000 km² and drilling worth 179 million riyals

Citizen's account

Citizen account: 3.4 billion riyals deposited to beneficiaries of the October payment

It included 10.8 million beneficiaries, with an average family support of 1476 riyals and total payments since the launch of the program totaling 219 billion riyals.

Minister of Finance Mohammed Al-Jadaan - Real Estate Transaction Tax Executive Regulations

1,285 billion riyals in expenditures and 1,184 billion riyals in revenues Learn about the budget items for fiscal year 2025

The budget forecasts a deficit of 2.3% of GDP and emphasizes expansionary spending to support economic diversification.

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