Saudi Arabia, BlackRock Explore Collaborative Opportunities To Advance Vision 2030 Goals
RIYADH: A meeting between Saudi Arabia’s economy minister and the vice chairman of BlackRock focused on global economi... Read more
Saudi Arabias E-commerce Sector Sees 10% Growth, Official Figures Reveal
RIYADH: Saudi Arabia’s e-commerce sector saw its upward momentum continue in the fourth quarter of 2024, with 40,953 b... Read more
Saudi Aramco Increases February Oil Prices For Asia
RIYADH: Saudi Aramco has raised its crude oil prices for Asian customers in February, marking the first increase in thre... Read more
Jordans Total FDI Reaches $1.3bn, Reflecting Strong Investor Confidence
RIYADH: Jordan’s foreign direct investment inflows rose 3.7 percent year on year in the third quarter of 2024, reachin... Read more
Oil Updates — Prices Hold At Three-month High On Stronger Demand
LONDON: Oil prices rose on Monday, remaining at their highest since mid-October as colder weather spurred buying while f... Read more
Lucid Beats Estimates For EV Deliveries As Price Cuts, Cheaper Financing Spur Demand
LONDON: Lucid Group beat expectations for quarterly deliveries on Monday, as the Saudi Arabia-backed maker of luxury ele... Read more
Closing Bell: Saudi Main Market Gains To Close At 12,105 Points
RIYADH: Saudi Arabia’s Tadawul All Share Index edged up on Monday, gaining 34.87 points, or 0.29 percent, to close at ... Read more
Saudi Arabias PIF Completes $7bn Inaugural Murabaha Credit Facility
RIYADH: The Saudi Public Investment Fund has closed its first Murabaha credit facility, securing $7 billion in funding.... Read more
Saudi Arabias Expat Remittances Up 19% To $3.21bn: SAMA
RIYADH: Expatriate remittances from Saudi Arabia rose to SR12.03 billion ($3.21 billion) in November, marking an 18.73 p... Read more
Saudi Banks Mortgage Lending Surges To Near 3-year High Of $2.7bn
RIYADH: Saudi banks issued SR10.06 billion ($2.7 billion) in new residential mortgages in November, a 51.23 percent incr... Read more
Saudi Arabias Unemployment Rate Hits 3.7%: GASTAT
RIYADH: Saudi Arabia’s unemployment rate dropped to 3.7 percent in the third quarter of 2024, down 0.5 percentage poin... Read more
Closing Bell: Saudi Main Index Closes In Green At 12,037, Trading Turnover At $1.53bn
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement for the third consecutive day on Tuesday,... Read more
Egypt To Accelerate Government IPO Steps To Attract Investments, Maximize Private Sector Role
RIYADH: Egypt aims to accelerate the government offerings program procedures in 2025 to maximize the private sector’s ... Read more
Startups Of The Year: Eyewa And Lean Technologies Attract Top US Investors To Mideast
RIYADH: Saudi startups eyewa and Lean Technologies have set a new benchmark in attracting international investment and d... Read more
Saudi Fund For Development Expands Global Support In Final Quarter Of 2024
RIYADH: Economies worldwide have faced significant challenges in 2024, marked by escalating geopolitical tensions and th... Read more