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Tag: Saudi Arabia

Saudi e-commerce hits $5 billion milestone with Mada card transactions

Saudi e-commerce sales using Mada cards have surged to $4.89 billion, reflecting a 37% annual growth and a shift towards a cashless economy

Saudi Arabia’s World Cup bid: A game changer for the Kingdom

The 2034 FIFA World Cup will transform Saudi Arabia, with major infrastructure projects and a global spotlight on the Kingdom’s Vision 2030

Saudi Arabia’s foreign reserves propel assets to $435 billion, highlighting fiscal resilience

The Saudi Central Bank reports a 2.22% annual rise in official reserve assets, driven by robust foreign reserves

Saudi Arabia’s money supply surges to $783 billion, led by record deposits

Time and savings deposits reach their highest levels in nearly 15 years, reflecting a shift towards interest-bearing accounts amidst changing global monetary trends

Saudi Arabia to host cost-efficient FIFA World Cup 2034 with record revenue potential

FIFA praises Saudi Arabia's streamlined hosting plan for the 2034 World Cup, forecasting $450 million in cost savings
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