RIYADH: Saudi Arabia’s inflation eased to 1.6 percent in March, down from 1.8 percent the previous month, driven by changes in the food and beverage sector. The latest report from the General Authority for Statistics indicates that the Kingdom’s Consumer Price Index experienced a marginal decrease of 0.1 percent in March compared to February. The … Read more
RIYADH: In a bid to attract global talent and diversify its economy away from oil, Saudi Arabia has added five new categories to its premium residency program. The program, launched in 2019, aims to allow eligible foreigners to live in the Kingdom and receive benefits such as exemption from paying expat and dependents fees, visa-free … Read more
RIYADH: Saudi Arabian Mining Co. has announced the discovery of a substantial gold resource potential along a 100 km strike from the existing Mansourah-Massarah gold mine. The state-owned firm, also known as Ma’aden, unveiled this as the first discovery within its intensive exploration program launched in 2022, according to a statement. The initiative … Read more