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Saudi Bank Credit Hits SAR 3 Trillion, Up 15% YoY by Jan 2025
Saudi Bank Credit Hits SAR 3 Trillion, Up 15% YoY by Jan 2025

Leaders

time13-03-2025

  • Business
  • Leaders

Saudi Bank Credit Hits SAR 3 Trillion, Up 15% YoY by Jan 2025

Saudi Arabia's total bank credit to the public and private sectors hit a record high of SAR 3,005,946 million by the end of January 2025, as reported in the Saudi Central Bank (SAMA)'s monthly statistical bulletin for January 2025. This reflects a significant annual growth of 15%, with an increase of over SAR 348,219 million compared to the same period in 2024, when the figure stood at SAR 2,621,726 million. Additionally, the total bank credit showed a monthly growth of 2% by the end of January 2025, rising by approximately SAR 50,395 million from December 2024, when it was recorded at SAR 2,955,550 million. The credit extended to the public and private sectors was allocated across more than 17 diverse economic activities, playing a pivotal role in driving comprehensive and sustainable economic growth. This growth aligns with the objectives of Saudi Vision 2030, further solidifying the Kingdom's economic diversification efforts. Related Topics : Saudi Banks' Credit Card Loans Reach Record High of $8.07 Billion Lebanese President Aoun to Make Historic Saudi Visit to Rebuild Bilateral Ties Founding Day 2025: How Saudi Currency Developed over Time? Saudi Arabia Fuels 2025 Growth with Economic Diversification: Report Short link : Post Views: 26 Related Stories

Mercca Celebrates Saudi Founding Day 2025 at Ain Zubaydah
Mercca Celebrates Saudi Founding Day 2025 at Ain Zubaydah

Leaders

time24-02-2025

  • Business
  • Leaders

Mercca Celebrates Saudi Founding Day 2025 at Ain Zubaydah

The Holy Makkah Municipality has celebrated the Saudi Founding Day 2025 at Ain Zubaydah with several cultural experiences, according to the Saudi Press Agency. The vibrant celebrations have transformed the historical site into an attractive destination providing visitors with an exclusive opportunity to explore the site's legacy. Mercca Celebrates Saudi Founding Day 2025 at Ain Zubaydah Interestingly, the event offered stunning interactive virtual reality tours and cultural and artistic performances reflecting the heritage of the holy capital. Moreover, visitors saw historical manuscripts and architectural models and enjoyed Mecca's traditional market. Mercca Celebrates Saudi Founding Day 2025 at Ain Zubaydah In collaboration with Kidana Development Company, the celebrations stand as a testament to the municipality's commitment to developing tourism and historical sites and showcasing the Kingdom's national heritage in a creative way. Mercca Celebrates Saudi Founding Day 2025 at Ain Zubaydah Related Topics: Jeddah Celebrates Founding Day 2025 with Photo Exhibition Saudi Ardah Dance Breaks New Guinness Record during Founding Day Celebrations AlUla Celebrates Founding Day 2025 Through Cultural Experiences Short link : Post Views: 155 Related Stories

Jeddah Celebrates Founding Day 2025 with Photo Exhibition
Jeddah Celebrates Founding Day 2025 with Photo Exhibition

Leaders

time24-02-2025

  • Entertainment
  • Leaders

Jeddah Celebrates Founding Day 2025 with Photo Exhibition

The Saudi Arabian Society of Culture and Arts in Jeddah has celebrated the Saudi Founding Day 2025 through a stunning exhibition titled 'Our Kingdom'. The photography exhibition has showcased 40 artworks reflecting the history of the Kingdom, according to the Saudi Press Agency. Jeddah Celebrates Founding Day 2025 with Photo Exhibition The exhibition highlighted the participation of 40 photographers who exerted efforts to document traditional costumes across the regions of the Kingdom. Furthermore, they took distinctive shots for old palaces and houses, paintings of horses and swords, and various aspects of people's lives in the past. Jeddah Celebrates Founding Day 2025 with Photo Exhibition On February 22, Saudi Arabia began the Founding Day celebrations to commemorate the establishment of the First Saudi State in 1727 by Imam Muhammad bin Saud. The Kingdom's regions have been organizing a vast array of exciting activities and events to highlight the Saudi national heritage and rich history. Jeddah Celebrates Founding Day 2025 with Photo Exhibition Related Topics: Saudi Ardah Dance Breaks New Guinness Record during Founding Day Celebrations King Salman Science Oasis Celebrates Founding Day with Scientific Festivities AlUla Celebrates Founding Day 2025 Through Cultural Experiences Short link : Post Views: 48 Related Stories

How to celebrate Founding Day 2025 in Saudi Arabia
How to celebrate Founding Day 2025 in Saudi Arabia

Arab News

time22-02-2025

  • Entertainment
  • Arab News

How to celebrate Founding Day 2025 in Saudi Arabia

Saudi Foundation Day aims to strengthen national pride among the Saudi people, particularly younger generations. Festivities planned for this year's Foundation Day will showcase Saudi heritage through music, arts, and performance. Key events for Founding Day 2025 Foundation Nights will present musical and poetic concerts with prominent Saudi artists at the Mohammed Abdu Theatre in Boulevard Riyadh on Feb. 22. In Riyadh, celebrations will include fireworks displays, Saudi heritage exhibitions, and music concerts. Jeddah will host marine parades, heritage markets, and boat shows. Madinah will feature art exhibitions and cultural seminars about the Kingdom's history, while Dammam will offer folklore performances and open-air cinema for visitors. Musical performances Several musical nights will add to the celebratory atmosphere. On Feb. 21, Mohammed Abdu will perform 'Suhail Night' at the Mohammed Abdu Arena. On Feb. 22, Abdul Majeed Abdullah will perform national songs at the Mohammed Abdu Arena. Additionally, on Feb. 22, an orchestral performance featuring the Saudi National Orchestra and Choir will be complemented by light and sound displays that highlight the Kingdom's rich history. In Jeddah, celebrations at the Tariq Abdulhakim Museum from Feb. 20-22 will offer a family-friendly atmosphere filled with heritage, artistic, and cultural activities. In Diriyah, an '850 Interactive Experience' will allow visitors to explore key events in the Kingdom's history, complete with immersive indoor and outdoor activities. Meanwhile, the King Abdulaziz Center for World Culture (Ithra) in Dhahran will mark Founding Day with a three-day celebration from Feb. 20-22 featuring interactive workshops, performances and traditional crafts. The plaza will feature live oud performances, with other activities including a photo booth where visitors can be photographed in traditional attire. Master artisans will showcase the intricate art of bisht weaving, and there will be educational activities, folk music, and Saudi Ardah sword dancing. The center welcomes visitors from 4-11 p.m. The Museums Commission is hosting Founding Day celebrations at the Saudi National Museum from Feb. 21-23. This event features interactive activities, cultural programs, and performances. Johnson Controls Arabia is hosting a Founding Night celebration on Feb. 21 at the historic Al-Sharbatly House in Al-Balad, Jeddah.

How to Get Best Deals on Saudi Founding Day 2025?
How to Get Best Deals on Saudi Founding Day 2025?

Leaders

time22-02-2025

  • Business
  • Leaders

How to Get Best Deals on Saudi Founding Day 2025?

As Saudi Arabia's Founding Day 2025 approaches on February 22, e-commerce stores and affiliate marketers in the Kingdom are gearing up for one of the most significant shopping seasons of the year. This day presents an exceptional opportunity to boost sales through attractive deals that highlight the national identity of the occasion and appeal to a broad customer base. So, how can you get the best deals? The following report review how to get the best deals on Saudi Founding Day 2025, which is commemorated on February 22 each year and marks the anniversary of the founding of the first Saudi state in 1727. E-commerce stores and companies participate in celebrating this important national occasion by offering Saudi Founding Day 2025 deals, including special discounts on a wide range of products and services, ensuring the best offers on everything. Golden Opportunities Saudi Founding Day 2025 presents a golden opportunity for affiliate marketers to boost their earnings, given the high consumer demand and the abundance of enticing deals offered by online stores. This surge in promotions significantly increases sales, making it a unique opportunity for affiliate marketers for several reasons: Exceptional Spending Surge – Saudi consumers exhibit a heightened spending rate during this national occasion, increasing the chances of achieving high sales. Diverse Product Offerings – A wide range of products is available, spanning various sectors from fashion and electronics to digital services, allowing marketers to target multiple customer segments. Early Preparations by Retailers – Promotions begin as early as February, giving marketers ample time to plan and execute their marketing campaigns efficiently. How to Get Best Deals? Examples of stores that usually offer special deals during Foundation Day: Luxury Furniture Stores: Such as Sleep Box and others. Such as Sleep Box and others. Major E-commerce Platforms: Such as Noon and Amazon Saudi Arabia. Such as Noon and Amazon Saudi Arabia. Large Shopping Malls: Such as Riyadh Park and Red Sea Mall. Related Topics : Founding Day 2025: Saudi Arabia's Flag Symbolizes Pride, Faith and Unity World Radio Day: Saudi Arabia Focuses on Climate Change NDMC Concludes Feb. 2025 Sukuk Issuance under Saudi SAR Program LEAP25 Expands Groundbreaking Investments on 2nd Day, Surpassing $7.5 Billion in Tech, AI Short link : Post Views: 12 Related Stories

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