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Posted inECONOMY
OECD revises up Saudi growth, inflation forecasts in 2025
2025’s inflation was also upped to 2.2% from 2.0% in June
Posted inInvestment Watch
SIC commits to Jadwa’s SAR 1.5 bn regional PE fund
The fund will deploy capital in Saudi Arabia and the wider GCC, with a focus on industrials alongside other sectors
Posted inINFRASTRUCTURE
Three sewage treatment plants come online
The plants were first awarded in 2021 by the Saudi Water Partnership Company under contracts valued at around USD 1 bn.
Posted inLOGISTICS
Exports power Saudi port growth in 2024
Saudi Arabia’s ports handled over 331 mn tons of cargo in 2024, driven by a 9.3% jump in exports
Posted inCONSTRUCTION
Construction costs rise 0.7% y-o-y in August
Residential construction costs climbed 0.8% y-o-y in August, while non-residential costs increased 0.6%
Posted inALSO ON OUR RADAR
erad lines up USD 33 mn debt investment from India’s Stride Ventures
ALSO- World Bank opens new regional hub in Riyadh