Energy Transition Is More Complicated Than Previously Believed: IEF Report
RIYADH: The energy transition is more complicated than previously thought, despite the widespread global initiative to ... Read more
Saudi Health Insurance Set To Cover 90% Of Population This Year, Says Industry Regulator
RIYADH: The number of Saudis signing up to health insurance schemes hit 11.46 million in the second quarter of 2023, up ... Read more
Closing Bell: Saudi Main Index Slips 56 Points To Close At 11,636
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped for the third day in a row, as it shed 56.16 points, or 0.48 pe... Read more
Saudia To Acquire 20 Airbus A321neo Aircraft By 2026
RIYADH: As part of its drive to meet growing demand, the Kingdom’s national carrier Saudia plans to add 20 fuel-effic... Read more
Saudi Arabia Swings Into Action Against Monopolistic Practices
RIYADH: In a move to enhance Saudi Arabia’s market performance, the General Authority for Competition imposed a SR10 m... Read more
Oman central Bank issues Treasury Bills Worth Over $70m
RIYADH: Oman issued treasury bills totaling 27 million rials ($70.1 million) this week for varying maturity peri... Read more
Aldar Properties Announces $131m Redevelopment Of UAEs Al-Jimi Mall, Al-Hamra Mall
ABU DHABI: Aldar Properties announced on Tuesday an investment plan worth AED 500 million ($131 million) to redevelop tw... Read more
UAE Revenues, Expenditures Decline During Q1 2023
RIYADH: The UAE’s government’s revenues and expenditures both saw downturns in the first quarter of 2023, with the t... Read more
SAMA Grants Permit To BNPL Platform Tabby
RIYADH: Reflecting its endeavor in supporting the fintech sector, the Saudi Central Bank has given the buy-now-pay-later... Read more
Qatars Free Zones Authority Joins With Development Bank To enhance Investment Climate
RIYADH: In a joint initiative aimed at enhancing the investment climate in Qatar, the country’s two leading insti... Read more
Saudi Arabia Closes July Sukuk Issuance At $700m
RIYADH: Saudi Arabia’s National Debt Management Center has closed its riyal-denominated sukuk program issuance for J... Read more
Saudi Leaders Are Almost 3 Times more Likely To Innovate during A Recession: Dell Technologies
RIYADH: At a time of recession, Saudi leaders and adopters are 2.8 times more likely to accelerate innovation efforts, a... Read more
Dubai Inflation Rate Eases To 2% In June, Its Lowest Level Since Jan 2022
RIYADH: Pulled back by decelerating food and transportation prices, Dubai’s inflation rate eased to 2.05 percent in J... Read more
Closing Bell: TASI Maintains Upward Trajectory For 2nd Consecutive Day
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the second consecutive day, climbing 80.... Read more
Saudi Dairy Giant NADEC Signs Deal With Yadoum To Produce Fertilizer From Biowaste
RIYADH: In a bid to protect the environment, Saudi dairy giant National Agricultural Development Co. signed a deal with ... Read more