Saudi Arabias NDMC Closes August Sukuk Issuance At $930m
RIYADH: Saudi Arabia’s National Debt Management Center has concluded its riyal-denominated sukuk program issuance for ... Read more
Oil Updates — Crude Dips As Markets Await PMI Releases, Jackson Hole Meet
LONDON: Oil prices dropped on Wednesday, as traders were cautious ahead of potentially gloomy manufacturing data and an ... Read more
Gas Arabian Services, Indias Tubefit Engineers Form Manufacturing JV
RIYADH: Affirming Saudi Arabia’s drive to attract foreign investments, Gas Arabian Services Co., a firm listed on the ... Read more
Saudi Arabias Off-plan Property Sales Grow By 52% During H1
RIYADH: Off-plan property sales in Saudi Arabia have been gaining popularity in recent years, with the category growing... Read more
Saudi Economics Association Elects New Governing Board
RIYADH: In a bid to drive depth and agility in macroeconomic and microeconomic learning, King Saud University on Tuesday... Read more
Closing Bell: Saudi Main Index Slips 31 Points To Close At 11,376
RIYADH: Saudi Arabia’s Tadawul All Share Index lost 30.90 points, or 0.27 percent, to close at 11,377.55 on Tuesday. ... Read more
Oil Updates — Crude Dips On Possible Easing Of Tight Supply, China Woes Hurt Demand Outlook
SINGAPORE: Oil edged lower on Tuesday as the market waited to see if Iraqi exports through the Ceyhan oil terminal would... Read more
Egypts unemployment Rate Drops Slightly To 7% In Q2
RIYADH: Egypt’s unemployment rate edged down to 7 percent in the second quarter of 2023, a marginal decrease of 0.1 pe... Read more
Commerce Ministry Clarifies Financial Statement Procedures For Joint-stock Firms
RIYADH: Saudi Arabia is working toward improving transparency and bolstering corporate governance, with the Commerce Min... Read more
Bahrain, Oman Ink Deal To Exchange Credit Information To Reduce Funding Risks
RIYADH: Bahrain and Oman have agreed to exchange corporate credit information among their business to instill transparen... Read more
Saudi Arabia Is Largest Islamic Finance Market With Assets Over $830bn: SAMA Chief
RIYADH: Saudi Arabia is the largest Islamic finance market, with total assets exceeding SR3.1 trillion ($830 billion), r... Read more
Saudi Ceer, Siemens Partner To Propel EV Manufacturing
RIYADH: Engineering operations involved in the design of electric vehicles in Saudi Arabia will receive a boost thanks t... Read more
Global Wealth Projected To Rise 38% By 2027, Despite Recent Decline: Study
ZURICH: Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to... Read more
Emirates Adds New London Flights to Meet Busy Winter Season Demand
LONDON: Emirates airline has announced plans to introduce an additional five weekly flights from Dubai to London startin... Read more