The news, anew
Saudi Arabia plans to increase the minimum eligible wage under its Employment Support Program to SR5,000 ($1,333) in April 2027 and SR6,000 ($1,600) in April 2028. This initiative, announced by the Human Resources Development Fund (HRDF), aims to boost employment opportunities for Saudi nationals and encourage private-sector hiring, with the HRDF covering up to 50% of wages for eligible employees.
Business
Saudi Arabia's business sector operating revenues increased by 2.3 percent to SR5.628 trillion in 2025, while employee compensation rose by 6 percent to SR624.1 billion, according to the General Authority for Statistics (GASTAT).
Business
Saudi Arabia's services exports increased by 6.9 percent to SR251.7 billion in 2025, supported by a 4.1 percent rise in travel services exports, according to the General Authority for Statistics (GASTAT).
Business
As the UAE dirham joins a growing list of currencies with their own symbols, design, digital adoption and international recognition are shaping how currencies are represented across global markets
