Mohammed al-Mutairi

Mohammed al-Mutairi
Business A SABIC facility in Jilin, China (Company photo)

Gulf Petrochemical Sector Faces Mounting Challenges Amid Global Shifts

Over the past five years, the Gulf’s petrochemical industry has found itself at a critical juncture. A mix of rapid geopolitical developments, the lingering…

Mohammed al-Mutairi (Riyadh)
Business People monitoring the performance of the Saudi stock market (Bloomberg) 

Saudi Banks Post Record-Breaking Profits in Q1 2025

Saudi banks achieved historic profits in the first quarter of 2025, recording their highest-ever quarterly earnings at $5.94 billion (SAR 22.26 billion). This…

Mohammed al-Mutairi (Riyadh)
Business Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021. (AP)

Saudi Energy Firms Post $26 Billion in Q1 Profits

Saudi Arabia’s listed energy companies recorded a combined net profit of SAR 97.76 billion ($26.06 billion) in the first quarter of 2025, marking a 4% decline…

Mohammed al-Mutairi (Riyadh)
Business Photo shows President Trump and the Saudi Crown Prince with companies signing investment deals at the Saudi-US Investment Forum (Asharq Al-Awsat)

Experts Say US Partnership to Boost Saudi Economy to $2.6 Trillion

Saudi Arabia’s signing of a strategic economic partnership with the United States marks a major shift in the Kingdom’s economic trajectory and reinforces its…

Mohammed al-Mutairi (Riyadh)
Business A project by the Saudi Ministry of Rural Affairs and Housing. (Asharq Al-Awsat)

Saudi Arabia Expands Homeownership Eligibility in Government Housing Projects

Saudi Arabia’s Cabinet has approved a new decision allowing the Ministry of Municipal and Rural Affairs and Housing to sell residential units within its…

Mohammed al-Mutairi (Riyadh)
Business  A housing project in Saudi Arabia (Asharq Al-Awsat)

Saudi Arabia Pushes Owners of White Land to Revive Properties, Boost Supply

Real estate experts have described the Saudi Cabinet's decision to amend the White Land Tax system as a significant shift in balancing the supply and demand of…

Mohammed al-Mutairi (Riyadh)
Business Residential and commercial properties in the Saudi capital Riyadh (Reuters)

Riyadh Real Estate Awaits Impact of Measures to Curb Price Surge

The Saudi real estate market is currently in a state of cautious anticipation, driven by unprecedented decisions and measures announced by Crown Prince…

Mohammed al-Mutairi (Riyadh)
Business A real estate project in Saudi Arabia. (SPA)

US Tariffs Have Limited Impact on Saudi Real Estate Market

More than two weeks after US President Donald Trump imposed a 10% tariff on imports from Gulf Cooperation Council (GCC) countries—part of a broader global…

Mohammed al-Mutairi (Riyadh)