#SaudiArabia has decided to suspend municipal fees for issuing licenses for commercial activity of #hotels, hotel apartments ,and residential resorts, effective from Sept. 4 arab.news/gh6rk

#SaudiArabia’s #technology sector could see an increase in operating profit of SR15 billion ($4 billion) by 2028 with the adoption of generative #AI, according to a report by Strategy& arab.news/pnk4z

#Oil prices edge up as #OPEC+ may delay supply hike, US stockpiles fall #OOTT arab.news/668f2

#SaudiArabia seeks high-tech auto partnerships with #China as Industry Minister بندر إبراهيم الخريف Bandar Alkhorayef leads a delegation to explore advanced technology and strategic deals arab.news/5d9rg

#SaudiArabia’s private sector added 37,009 local employees in August, marking a 6.94% increase from July’s 34,606 new hires, according to data from المرصد الوطني للعمل arab.news/z5k74

#SaudiArabia has been ranked as the second-best global improver in #RealEstate transparency, according to JLL new index arab.news/nsjee

#Qatar’s #banking sector demonstrated a strong performance in July, with total assets of commercial banks rising by 6.4% year-on-year to reach $549.9 billion arab.news/vejb4

#UAE and #Jordan sign $2.3 billion agreement to build railway arab.news/bg3me

#SaudiArabia’s #fintech assets under management are projected to approach $64 billion in 2024, indicating substantial growth, according to World Bank executive Jean Pesme arab.news/cgxr4

Fourth Milling Co. announces its intention to proceed with an #IPO and list 30% of its shares on the main market, according to a statement on Tadawul arabnews.com/economy

#SaudiArabia’s Tadawul All Share Index dipped on Thursday, losing 28.65 points, or 0.24%, to close at 12,099.49 arab.news/2k4sd

#SaudiArabia’s ports, supervised by مـوانـئ | MAWANI, achieved a 26.57% increase in the volume of handled tonnes during August to reach 30,527,279 tonnes, compared to 24,118,698 tonnes in the same month of 2023 arabnews.com/economy

#SaudiArabia's Minister of Industry and Mineral Resources بندر إبراهيم الخريف Bandar Alkhorayef began his official visit to #HongKong on Saturday - more below arab.news/mupz5