US Money Market Funds See Big Inflows Amid Debt Ceiling Caution
BENGALURU: US money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadli... Read more
Visa Launches Initiative To Support Women Entrepreneurs In Saudi Arabia
RIYADH: In a bid to support women-owned small businesses in Saudi Arabia, Visa has launched the second edition of its Sh... Read more
Saudi Arabia, Iraq To Develop Special Economic Zone, Boost Trade
JEDDAH: Saudi Arabia and Iraq on Thursday signed a raft of agreements to boost economic cooperation and develop a specia... Read more
Saudi Venture Capital Invests $7.5m To Back SMEs, Startups
RIYADH: Entrepreneurs in Saudi Arabia are set to benefit from an investment of $7.5 million by Saudi Venture Capital int... Read more
Saudi Payments Honored For Best Transaction Experience In 2023
RIYADH: Saudi Arabia’s digital economy landscape has earned additional recognition as Saudi Payments, also known as Ma... Read more
British Business Secretary Excited By Progress Of GCC-UK Free Trade Deal Talks
RIYADH: Recently appointed British Secretary of State for Business and Trade Kemi Badenoch has highlighted the progress ... Read more
Saudi Low-cost Airline Flyadeal Hikes Daily Flights Between Riyadh And Dubai
RIYADH: In order to meet the growing travel demand between Riyadh and Dubai, flyadeal is going to increase daily flights... Read more
Saudi Arabias PIF Announces $3bn Investment Unit For Iraq
RIYADH: Aligning with its strategy to seek new investments in the Middle East and North Africa region, Saudi Arabia’s ... Read more
Saudi Minister Says Energy Cooperation With Arab, OPEC+ Countries Integral To Global Oil Markets
JEDDAH: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman said the Kingdom’s interest in energy cooperat... Read more
Russian Ruble Strengthens Slightly As West Imposes New Sanctions
LONDON: The Russian ruble firmed on Friday, pushing back past the level of 80 to the US dollar, helped by higher oil pri... Read more
Oil Rebounds On Fading Risk Of US Debt Default
SINGAPORE: Oil prices rebounded on Friday from losses of more than 1 percent the previous day as investors turned cauti... Read more
Global Markets: Stocks Lifted To Month-high By US Debt Ceiling Hopes
LONDON/SINGAPORE: Global shares hit a one-month high on Friday as markets reflected increased hopes of a US debt ceiling... Read more
Saudi Arabias M3 Money Supply Surges 4.74% Since End Of December
RIYADH: Saudi Arabia’s M3 money supply has surged 4.74 percent since December 2022, according to data released by the ... Read more
Etihad Rail Partners With Italian Firm Arsenale To Launch Luxury Train Service In The UAE
RIYADH: Travelers will have access to a luxury train service in the UAE after national railway network operator Etihad R... Read more
Closing Bell: TASI Rises 66.80 Points As Healthcare Stocks Dominate
RIYADH: Saudi Arabia’s Tadawul All Share Index gained 66.80 points, or 0.59 percent, to close at 11,344.40 on Thursday... Read more