Saudi Arabia To Lead Regions Initial Public Offerings In 2025 — EY
RIYADH: The outlook for initial public offerings in the Middle East and North Africa region remains positive in 2025, w...
Read MoreSaudi Expat Remittances Surge To Three-year High $38.5bn, SAMA Reveals
RIYADH: Expatriate remittances from Saudi Arabia surged to SR144.2 billion ($38.45 billion) in 2024, a 14 percent incre... Read more
Saudi Arabias Startup Ecosystem LEAPs Once Again
RIYADH: Saudi Arabia’s LEAP 2025 tech conference, held from Feb. 9 to 12, showcased the Kingdom’s growing startup e... Read more
Oil Updates — Crude To Snap 3-week Losing Streak Amid US Tariff Delays
SINGAPORE: Oil prices rose in Asian trade on Friday, poised to end three weeks of decline, buoyed by rising fuel demand ... Read more
Saudi Arabia Leads GCC In US Dollar Debt And Sukuk Issuance, Driving Regional Growth: Fitch
RIYADH: Saudi Arabia holds the largest share of the Gulf Cooperation Council’s debt capital market, with 44.8 percent ... Read more
Saudi Banks See Record Profits Amid Strong Credit Growth And Debt Market Expansion
RIYADH: Saudi Arabia’s top 10 listed banks recorded all-time high net profits in 2024 of SR79.64 billion ($21.23 billi... Read more
Saudi Arabias Revenue Rises To $336bn In 2024 As Non-oil Income Surges
RIYADH: Saudi Arabia’s total government revenues reached SR1.26 trillion ($336 billion) in 2024, marking a 4 percent i... Read more
Saudi Arabia, IMF Lead Talks On Economic Resilience At AlUla Summit
JEDDAH: Policymakers, economists, and industry leaders will gather in Saudi Arabia next week for the AlUla Conference fo... Read more
PIFs ROSHN, Johnson Controls Arabia Ink Deal To Propel Energy Efficiency In Saudi Arabia
RIYADH: Saudi developer ROSHN has signed a deal with Johnson Controls Arabia to introduce advanced cooling technology, ... Read more
Saudi Arabia Launches New Financing Products To Boost Construction Sector
RIYADH: Saudi Arabia has rolled out Infra-guaranteed financing and surety bonds to support contractors in the constructi... Read more
Pakistan, Saudi Arabia Sign Agreement To Boost Cooperation In Public Sector Auditing
ISLAMABAD: Pakistan and Saudi Arabia have signed a Memorandum of Understanding to increase collaboration in public secto... Read more
Closing Bell: Saudi Indices Close In Red At 12,377
RIYADH: Saudi Arabia’s Tadawul All Share Index dropped on Monday, losing 32.84 points, or 0.26 percent, to close at 12... Read more
OPEC+ Reaffirms Commitment To Production Cuts
RIYADH: OPEC+ members reaffirmed their commitment to production cuts aimed at maintaining stability in the global oil ma... Read more
Oil Updates — Prices Gain As Trump Tariffs Stoke Supply Worries
LONDON: Oil prices rose on Monday after US President Donald Trump imposed tariffs on Canada, Mexico and China, raising f... Read more
Banking, Healthcare To Drive 8% Growth In Saudi Stock Market Profits In 2025: SNB Capital
RIYADH: Saudi stock market profits are set to grow by 8 percent in 2025, with the petrochemical sector driving the incre... Read more