PIF-backed Lucid Motors To Roll Out First Saudi-assembled EV In September
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Updated 16 March 2023
Updated 16 March 2023
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman meets with the Deputy Prime Minister of Russia in Riyadh.
Updated 16 March 2023
Updated 16 March 2023
Updated 16 March 2023
Updated 16 March 2023
Startup Wrap – Saudi VC Space Continues To Play Pivotal Role In SMEs Growth As Biban 24 Delivers Deals
RIYADH: Saudi Arabia’s venture capital ecosystem continues to boost the regional startup space, with one company plowi... Read more
Saudi Central Bank Lowers Benchmark Rate By 25 Bps Following US Fed Decision
RIYADH: Saudi Arabia’s central bank has implemented its second interest rate reduction of 2024, lowering the benchmark... Read more
Oil Updates – Prices Fall More Than 1 Percent As Hurricane Rafael Risk Recedes
LONDON: Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in... Read more
Saudi Bank Loans Reach Highest Growth Rate In 19 Months, Surpassing $761bn
RIYADH: Saudi bank loans reached SR2.85 trillion ($760.84 billion) in September, representing an annual growth rate of 1... Read more
Closing Bell: GCC Stock Markets Up In Wake Of Trumps Election Win
RIYADH: Following Donald Trump’s victory in the US presidential election, stock markets across the Gulf Cooperation Co... Read more
ACWA Power Reports 16% Profit Increase Amid Record Project Launches
RIYADH: ACWA Power, the Saudi-listed energy and water desalination company, has announced a 16 percent increase in its p... Read more