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Tag: Economy

China to slash homebuying taxes as part of economic stimulus package

Proposed tax cuts for home purchases aim to boost the sluggish housing market and provide fiscal support for the economy

Saudi Arabia’s economy set to grow 5.3% in 2025, driven by reforms and us rate cuts: S&P Global

Economic diversification, capital inflows, and social reform boost Saudi Arabia's GDP growth

Saudi expat remittances surge to 25-month peak, reaching $3.44 billion

Driven by a 21% annual increase, Saudi expatriate remittances in 2024 reflect the kingdom's robust economic policies and labour market

Saudi Economy surges forward: Investments hit 31.3% of GDP, unemployment drops to 7.6%

Non-oil sectors and government activities drive growth despite oil sector slowdown

Saudi economy grows strong despite regional tensions and oil revenue concerns

The IMF reports robust non-oil growth in Saudi Arabia, with tourism booming and unemployment hitting historic lows, but long-term oil revenue forecasts raise concerns

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