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Statistics: 3.8% rise in the growth of the Saudi economy in the first quarter of 2023

Reading time: < 1 MinuteThe General Authority for Statistics (GASTAT) released today the GDP report and national accounts indicators for the first quarter of 2023. According to the estimates, the real GDP during the first quarter of 2023 achieved an increase of (3.8%) compared to the same period of the previous year 2022, boosting the growth of the Saudi economy.

08/06/2023

International Monetary Fund Riyadh office market
Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

How AI is changing the face of corporate finance

AI is reshaping financial planning, M&A, capital allocation and risk management through automation and predictive analytics

28 billion riyals for 7504 transactions on the real estate exchange in a week

Strong weekly trading: 102 million square meters traded and more than one million users on the platform

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

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