The Weekly Saudi Market Review highlights key financial developments: the TASI rose by 1.15% to a new high since June 2022. Saudi Arabia's Q4 GDP shrank by 4.3%, primarily due to a significant drop in oil activity, resulting in an overall GDP decline of 0.8% for 2023. The Public Investment Fund (PIF) now ranks 5th globally among sovereign wealth funds, with assets nearing $1 trillion after acquiring an 8% stake in Saudi Aramco. Corporate news includes Saudi Aramco's $121.3 billion net income for 2023, marking its second-highest ever, and significant profit increases reported by Saudi Chemical, ELM Co, Electrical Industries, and First Milling Co. The upcoming week focuses on earnings reports from CHUBB Arabia, Saudi Ground Services Co, Dar Al Arkan, and CATRION Catering Holding.