Dubais Non-oil Private Sector Maintains Steady Growth As PMI Hits 55.7
RIYADH: The non-oil private sector in Dubai witnessed steady growth in July even as the emirate’s Purchasing Manager... Read more
Saudi Industrial Base Continues To Expand With 73 New Licenses Issued In June
RIYADH: In an effort to expand its industrial base, Saudi Arabia’s Ministry of Industry and Mineral Resources awarded ... Read more
Closing Bell: Saudi Arabias Main Index Dips For 3rd Consecutive Day
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its downward trend for the third day in a row as it shed 27.6... Read more
Bahrains $186m Treasury Bills Issue Oversubscribed By 121%
RIYADH: Bahrain’s latest issue of weekly treasury bills, valued at 70 million Bahraini dinars ($185.7 million), has... Read more
Saudi Arabia Drives MENA IPO Activity with $900m proceeds in Q2: EY Report
RIYADH: Saudi Arabia continues to drive the initial public offering activity in the Middle East and North Africa, with... Read more
ACWA Power Is The Worlds Largest Water Project Developer Outside Of China: GWI
RIYADH: Saudi Arabia’s progress in the desalination industry has received worldwide recognition, with the UK-based Glo... Read more
Oil Updates — Crude Holds Near 3-month High On Signs Of Tightening Supply
RIYADH: Oil prices slipped on Tuesday but were still near the three-month high reached in the previous session on signs... Read more
Industrial Investment Opportunities In Saudi Arabia Not Confined To Large-scale Projects: Minister
RIYADH: Investment funds of all sizes are being encouraged to consider pouring funds into Saudi Arabia’s industrial s... Read more
China Announces Consumption-boosting Measures As Data Disappoints
BEIJING: Chinese authorities announced new measures to boost consumption on Monday, as fresh economic data suggested tha... Read more
Pakistan Hosts Summit To Attract Foreign Investors For Development Of Mining Sector
ISLAMABAD: Pakistan’s Chief of the Army Staff Gen. Syed Asim Munir on Tuesday said foreign investors will play an “i... Read more
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