22 Hrs
الاقتصادية
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الاقتصادية

2026-09-04T12:32:50.925Z

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Money market funds see $46 billion inflow

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Maxwell: Rising bond yields may lead to rate hikes

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
23 Hrs2026-09-04T11:25:12.000Z
Maxwell: Rising bond yields may lead to rate hikes
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Saudi Tahalf achieves 45B riyals in sales

Saudi Tahalf achieves 45B riyals in sales

During the "Labe 2026" event, the Saudi "Tahaluf" platform recorded sales and deals exceeding 45 billion riyals ($12 billion), with a direct economic impact surpassing 14 billion riyals ($3.73 billion). The event, which took place from August 31 to September 3, 2026, provided opportunities for partnerships and signing deals across various sectors. It also contributed to booking airline tickets worth 592.5 million riyals, over 328,000 hotel nights totaling 330 million riyals, and supported more than 236,000 jobs. Additionally, the exhibition's activities contributed to the growth of Saudi companies, including a crowd management company that increased its workforce by 400%, and startups that closed investment rounds exceeding 60 million riyals. "Tahaluf" plans to expand its international presence by hosting diverse global events and aims to become one of the top six event companies worldwide by 2030, in line with Saudi Vision 2030 to enhance the exhibition and events sector.

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