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Personal consumption in Saudi Arabia increased by 11% to SR1,569.9 billion in 2025, compared to approximately SR1,418.4 billion in 2024, according to data from the Saudi Arabian Central Bank (SAMA).According to the data, in-store sales in Saudi Arabia in 2025 increased by 6% compared to 2024, reaching approximately 707.2 billion riyals.According to the data, sales in the past year were generated through 11.5 billion transactions and 2.3 million devices.POS transactions represent amounts spent by consumers via debit or credit cards at large shopping malls, retail stores, pharmacies, etc.cash withdrawalCash withdrawals from ATMs in 2025 decreased by approximately 3% compared to…

RIYADH — Saudi Arabia fully opened its capital markets to all categories of foreign investors for the first time on Sunday, February 1. This allows all types of foreign institutions and funds to trade directly on the main stock market, Tadawul All Share Index (TASI).As of Sunday, all categories of foreign investors, including institutions, funds and other eligible entities, will be able to access Saudi stocks without prior qualification requirements, bringing the market closer to international access standards. This is in line with a previously announced decision by the Capital Markets Authority (CMA) Board to approve a new regulatory framework…

Rotana Audio and Visual Company has announced a third additional concert by Saudi artist Rashid Al Majid as part of its Riyadh Season activities, following strong public demand and booking requests for the previous two concerts, which exceeded 1.3 million, an unprecedented number in the season’s concert history.new concert dates The company announced through its official Instagram account that the third concert will be held on February 5, in response to the public’s increasing interest in Rashid Al Majid’s concerts during the Riyadh season.Tickets on sale soonRotana explained that tickets for additional concerts will be available for purchase through the…

The Gulf Electricity Interconnection Authority announced the start of the implementation of a direct interconnection project between its network and that of the Sultanate of Oman, a strategic step reflecting the development of the Gulf integration path in the energy sector and the strengthening of regional infrastructure. Mohsen Al Hadrami, Under-Secretary of the Ministry of Energy and Minerals and Chairman of the Gulf Power Interconnection Authority Board, confirmed that the direct power interconnection project with the Sultanate is not just a technical expansion of the power grid, but rather an extension of the long-term strategic vision established by the leaders…

British sleep disorder experts have warned that while stomach sleeping is common for many people, it may be the hidden culprit behind chronic fatigue, back and neck pain, and potential negative effects on the respiratory and heart systems.Pressure on diaphragm According to a report published by the Express website, Aaron M. Forman, founder of the Sleep Play platform, which specializes in treating sleep disorders, explained that sleeping on your stomach puts pressure on your diaphragm, a key muscle in the breathing process, which prevents you from breathing deeply during sleep.decreased vital capacity He added that this position reduces lung capacity…

US President Donald Trump has announced that India will buy oil from Venezuela instead of oil from Iran.”We have already reached an agreement on this issue or the idea of ​​an agreement,” he told reporters aboard Air Force One on his way from Washington to Florida for his vacation.President Trump’s statement came after the United States informed Delhi that it may soon resume purchasing Venezuelan crude oil to offset Russian oil imports.Great valuePresident Trump also mentioned the possibility of China reaching an agreement with the United States to purchase oil from Venezuela.He did not provide further details, but added: “China…

Top officials in southern Yemen held an expanded meeting in Riyadh on Saturday as part of efforts to build trust and unite the southern ranks, paving the way for national partnership and shared responsibility to confront current challenges. Prime Minister Shia Mohsen Al-Zandani, Chairman of the Shura Council Ahmed Obaid bin Dargul, Presidential Leadership Council member Abdulrahman Al-Mahrami, Governor of Hadramout Salem Al-Kambasi, several ministers, the Governor of South Yemen, members of the Shura Council and Parliament, and military and political leaders attended the meeting. According to state media reports, the discussion focused on the development of the southern states…

Italian Al Hilal manager Inzaghi has refused to react to the news circulating about the transfer of Al Ittihad captain Karim Benzema to the team, suggesting that the club’s management is working on strengthening the squad before the current transfer window closes. Coach Inzaghi emphasized the importance of tomorrow’s match against Al Ahly in the 20th round of the Saudi Roshen League, explaining that his team will do everything in its power to get match points and stay in the lead. This was revealed at a press conference prior to the meeting.Regarding the participation of new French player Mohamed Mete,…

Following record high prices for gold and silver in the global market, the situation is changing in the Saudi gold market as well, with repeated rises and falls, raising concerns around the world. Yesterday (Saturday) Okaz toured several precious metals markets in Jeddah. Mr. Okaz observed the various positions of those who want to buy gold and those who do not, as the prices of gold and silver have risen to unprecedented levels. Many customers said they came to the market to sell gold jewelry because they needed financial liquidity. Some respondents said they had withdrawn from purchasing at this…

RIYADH — Saudi Arabia’s national privatization strategy is a central pillar of the kingdom’s economic transformation, covering 18 sectors and offering 147 investment opportunities, with a total target amount of SR240 billion, according to economic analysts.Academic and economic analyst Dr. Bandar Al-Jade said on Saudi television that the strategy is closely aligned with Vision 2030, particularly the goals of economic diversification and improving government spending efficiency.”The national privatization strategy is working to strengthen government services by increasing spending efficiency and directing spending to areas where it is needed most,” Al-Jade said.He explained that the strategy is designed to simultaneously achieve…