JEDDAH: In the heart of Saudi Arabia, amidst the towering skylines of Riyadh, Jeddah and Dammam that have long symbolized the nation’s economic strength, a new narrative is taking shape. It is a story of decentralized development, where attention is shifting away from the bright lights of the cities to the lesser-explored corners of the … Read more
RIYADH: A drop in the price of cereals, bread, and vegetables saw Egypt’s urban consumer price inflation rate slow to 33.1 percent in March from 36 percent in February, Data released from the country’s Central Agency for Public Mobilization and Statistics, showed that month-on-month prices rose by 10 percent in the third month of 2024, down from … Read more
RIYADH: Saudi Arabia’s private sector’s contribution to the country’s real gross domestic product increased 3.4 percent year-on-year in the third quarter of 2023, official data showed. The General Authority of Statistics revealed commercial enterprise added SR322.08 billion ($85.86 billion) to the Kingdom’s output in the three months to the end of September — a 45 … Read more