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
Saudi Arabia Jumps 8 Spots On global Shipping Ranking By Lloyds List
RIYADH: Saudi Arabia has jumped eight spots to claim 16th position in the international ranking for container handli... Read more
Saudi Arabia And Turkiye Sign Energy Cooperation Agreement
RIYADH: Saudi Arabia and Turkiye have signed an energy agreement aimed at boosting cooperation in oil and gas production... Read more
Almarai Begins Issuance Of US Dollar-denominated Trust Certificates
RIYADH: Saudi Arabia’s diary giant Almarai on Tuesday commenced the offer of US dollar-denominated trust certificates ... Read more
Saudi Aramco CEO Joins Board Of Directors At BlackRock
RIYADH: Saudi Arabia’s corporate leadership is reinforcing its position in international boardrooms, with Amin Nasser,... Read more
ADNOC To Roll Out Mideasts First High-speed Hydrogen Refueling Station
RIYADH: The UAE’s National Hydrogen Strategy received a renewed push as the state-owned Abu Dhabi National Oil Co. beg... Read more
Saudi Startups Top MENA Region In Raising Funds In H1, Collects $446m
RIYADH: Saudi Arabia’s focus on encouraging entrepreneurship has paid off as startups in the Kingdom raised $446 milli... Read more
Egypts Sovereign Fund Enters Top 50 Global Wealth List: SWFI
RIYADH: Egypt’s state wealth fund has attained 47th position in the top 100 largest sovereign funds by tot... Read more
Closing Bell: Saudi Main Index Slips Slightly To Close At 11,768
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped slightly by 11.56 points, or 0.10 percent, on Tuesday, to close ... Read more
Saudi Banks Set To Perform Well Despite Tighter Liquidity: Fitch
RIYADH: Despite tighter liquidity, banks in Saudi Arabia are expected to perform well this year thanks to a favorable op... Read more
Bahrains Economy Grows In Q1 As Non-oil Sector Rises 3.5%
RIYADH: Bahrain posted a real gross domestic product growth rate of 2 percent in the first quarter of 2023, fueled by a ... Read more