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Category: Finance

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  • Finance
PIF’s Adeera to operate hotel portfolio across Qiddiya City
  • Finance

PIF’s Adeera to operate hotel portfolio across Qiddiya City

  • admin
  • August 10, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

Saudi Arabia tops GCC debt market with $47.9bn in H1 issuances: Markaz 
  • Finance

Saudi Arabia tops GCC debt market with $47.9bn in H1 issuances: Markaz 

  • admin
  • August 9, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

IMF praises Saudi Arabia’s economic resilience 
  • Finance

IMF praises Saudi Arabia’s economic resilience 

  • admin
  • August 9, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

Closing Bell: Saudi main index closes up at 10,839
  • Finance

Closing Bell: Saudi main index closes up at 10,839

  • admin
  • August 8, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

MENA IT spending to reach $169bn in 2026 
  • Finance

MENA IT spending to reach $169bn in 2026 

  • admin
  • August 8, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

Saudi Arabia’s non-oil growth stays strong despite softer July PMI
  • Finance

Saudi Arabia’s non-oil growth stays strong despite softer July PMI

  • admin
  • August 7, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles
  • Finance

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles

  • admin
  • August 7, 2025
  • 0

RIYADH: Non-oil business activity in the Middle East showed mixed trends in July, with Kuwait, the […]

Aramco posts $22.67bn Q2 profit amid market volatility 
  • Finance

Aramco posts $22.67bn Q2 profit amid market volatility 

  • admin
  • August 6, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

Oil Updates — crude little changed as OPEC+ output hikes counter Russia disruption concerns
  • Finance

Oil Updates — crude little changed as OPEC+ output hikes counter Russia disruption concerns

  • admin
  • August 6, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

Global M&A hits $2.6tn peak year-to-date, boosted by AI and quest for growth
  • Finance

Global M&A hits $2.6tn peak year-to-date, boosted by AI and quest for growth

  • admin
  • August 5, 2025
  • 0

Kuwait, Qatar, UAE maintain non-oil growth momentum; Egypt shows recovery signs while Lebanon struggles […]

OPEC+ members to raise oil output by 411,000 bpd in June
  • Finance

OPEC+ members to raise oil output by 411,000 bpd in June

  • admin
  • May 10, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total […]

Qatar welcomes over 1.5m international visitors in Q1 2025
  • Finance

Qatar welcomes over 1.5m international visitors in Q1 2025

  • admin
  • May 9, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total […]

Syria to sign deal to import electricity from Turkiye, minister says
  • Finance

Syria to sign deal to import electricity from Turkiye, minister says

  • admin
  • May 9, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total […]

Jeddah unveils 29 real estate projects across industrial, residential, retail sectors
  • Finance

Jeddah unveils 29 real estate projects across industrial, residential, retail sectors

  • admin
  • May 8, 2025
  • 0

JEDDAH: The Middle East’s aviation sector is pushing toward greater integration and collaborative innovation, […]

Saudi Arabia rolls out new guidelines for off-plan property deals
  • Finance

Saudi Arabia rolls out new guidelines for off-plan property deals

  • admin
  • May 8, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total […]

Closing Bell: Saudi main index slips to close at 11,411 
  • Finance

Closing Bell: Saudi main index slips to close at 11,411 

  • admin
  • May 7, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total […]

Saudi bank lending hits $827bn in March, fastest growth in over 3.5 years
  • Finance

Saudi bank lending hits $827bn in March, fastest growth in over 3.5 years

  • admin
  • May 7, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total credit […]

Saudi Arabia’s non-oil sector growth continues in April as PMI hits 55.6 
  • Finance

Saudi Arabia’s non-oil sector growth continues in April as PMI hits 55.6 

  • admin
  • May 6, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total […]

Oil Updates — crude tumbles as OPEC+ accelerates output hikes, surplus looms
  • Finance

Oil Updates — crude tumbles as OPEC+ accelerates output hikes, surplus looms

  • admin
  • May 6, 2025
  • 0

SINGAPORE: Oil prices fell more than $1 a barrel on Monday as OPEC+ is set […]

Trump says he wants a fair trade deal with China 
  • Finance

Trump says he wants a fair trade deal with China 

  • admin
  • May 5, 2025
  • 0

RIYADH: Saudi Arabia’s banking sector continued its robust lending expansion in March, with total […]

Saudi Arabia to drive Islamic finance growth in 2025, S&P says 
  • Finance

Saudi Arabia to drive Islamic finance growth in 2025, S&P says 

  • admin
  • April 27, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

Dubai inflation eases to 2.79% in March as housing, transport costs moderate
  • Finance

Dubai inflation eases to 2.79% in March as housing, transport costs moderate

  • admin
  • April 26, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

Saudi Arabia, Algeria deepen economic ties with new business pacts
  • Finance

Saudi Arabia, Algeria deepen economic ties with new business pacts

  • admin
  • April 26, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

Davos meet founder Klaus Schwab quits as WEF chair
  • Finance

Davos meet founder Klaus Schwab quits as WEF chair

  • admin
  • April 25, 2025
  • 0

ZURICH: Klaus Schwab, founder of the World Economic Forum, whose annual gathering of business and […]

Closing Bell: Saudi indices end day in the red
  • Finance

Closing Bell: Saudi indices end day in the red

  • admin
  • April 25, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

PepsiCo opens regional headquarters in Riyadh, unveils $8m R&D center
  • Finance

PepsiCo opens regional headquarters in Riyadh, unveils $8m R&D center

  • admin
  • April 24, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

Key tourism roles to be localized in Saudi Arabia as part of national employment push 
  • Finance

Key tourism roles to be localized in Saudi Arabia as part of national employment push 

  • admin
  • April 24, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

Real estate demand in Saudi Arabia’s two holy cities hits $2bn
  • Finance

Real estate demand in Saudi Arabia’s two holy cities hits $2bn

  • admin
  • April 23, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore 
  • Finance

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore 

  • admin
  • April 23, 2025
  • 0

RIYADH: Saudi Arabia has overtaken Singapore as the premier destination for venture capital funds across […]

Oil Updates — prices rise on short-covering, but tariff worries linger 
  • Finance

Oil Updates — prices rise on short-covering, but tariff worries linger 

  • admin
  • April 22, 2025
  • 0

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore  RIYADH: Saudi Arabia has […]

Closing Bell: Saudi main index closes in red at 11,502
  • Finance

Closing Bell: Saudi main index closes in red at 11,502

  • admin
  • April 22, 2025
  • 0

RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to […]

Libyans grapple with fresh currency devaluation
  • Finance

Libyans grapple with fresh currency devaluation

  • admin
  • April 21, 2025
  • 0

RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to […]

IMF warns of economic slowdown, but rules out global recession
  • Finance

IMF warns of economic slowdown, but rules out global recession

  • admin
  • April 21, 2025
  • 0

RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to […]

UK-Saudi trade ties deepen as 50 British firms set up regional HQs in Kingdom
  • Finance

UK-Saudi trade ties deepen as 50 British firms set up regional HQs in Kingdom

  • admin
  • April 20, 2025
  • 0

RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to […]

How Saudi entrepreneurs are navigating the shift to public markets 
  • Finance

How Saudi entrepreneurs are navigating the shift to public markets 

  • admin
  • April 20, 2025
  • 0

RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to […]

Saudi Arabia poised to become Mideast’s Silicon Valley, say experts 
  • Finance

Saudi Arabia poised to become Mideast’s Silicon Valley, say experts 

  • admin
  • April 19, 2025
  • 0

RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to Silicon […]

Gold set for 3rd weekly gain as investors seek safe haven
  • Finance

Gold set for 3rd weekly gain as investors seek safe haven

  • admin
  • March 28, 2025
  • 0

RIYADH: Global borrowing hit a record $25 trillion in 2024, a $10 trillion surge […]

Saudi banks shift focus to debt markets during sukuk surge
  • Finance

Saudi banks shift focus to debt markets during sukuk surge

  • admin
  • March 27, 2025
  • 0

RIYADH: As Saudi Arabia’s financial system turns increasingly to debt markets for funding, it will […]

Fintech, gaming, and healthcare capture venture interest
  • Finance

Fintech, gaming, and healthcare capture venture interest

  • admin
  • March 27, 2025
  • 0

RIYADH: Startups across the Middle East and North Africa region continue to attract investor interest, with […]

How Saudi Arabia is engineering a water-secure future
  • Finance

How Saudi Arabia is engineering a water-secure future

  • admin
  • March 26, 2025
  • 0

JEDDAH: Saudi Arabia is tackling water scarcity with bold steps toward a sustainable future. Through its […]

Tabuk’s business journey — a navigation of growth and vision
  • Finance

Tabuk’s business journey — a navigation of growth and vision

  • admin
  • March 26, 2025
  • 0

RIYADH: A young workforce, strong demand and attractive tourist offerings are helping transform Tabuk into one […]

Saudi Arabia’s PIF at forefront as Gulf SWFs approach $18tn by 2030
  • Finance

Saudi Arabia’s PIF at forefront as Gulf SWFs approach $18tn by 2030

  • admin
  • March 25, 2025
  • 0

RIYADH: Saudi Arabia’s sovereign wealth fund and five of its regional counterparts are on track […]

Global economic growth to average at 3.1% in next 5 years: IMF official 
  • Finance

Global economic growth to average at 3.1% in next 5 years: IMF official 

  • admin
  • March 25, 2025
  • 0

RIYADH: A young workforce, strong demand and attractive tourist offerings are helping transform Tabuk into […]

Global borrowing hits $25tn in 2024, raising debt sustainability fears: OECD 
  • Finance

Global borrowing hits $25tn in 2024, raising debt sustainability fears: OECD 

  • admin
  • March 24, 2025
  • 0

RIYADH: Saudi Arabia’s sovereign wealth fund and five of its regional counterparts are on […]

Riyadh municipality unveils new investment opportunities across key sectors 
  • Finance

Riyadh municipality unveils new investment opportunities across key sectors 

  • admin
  • March 24, 2025
  • 0

RIYADH: A young workforce, strong demand and attractive tourist offerings are helping transform Tabuk into […]

Public firms listed on Muscat bourse report 52.6% surge in profits
  • Finance

Public firms listed on Muscat bourse report 52.6% surge in profits

  • admin
  • March 23, 2025
  • 0

RIYADH: The net profits of public joint companies listed on the Muscat Stock Exchange surged 52.6 […]

Lebanon readies 22 deals for signing with Saudi Arabia during high-level visit
  • Finance

Lebanon readies 22 deals for signing with Saudi Arabia during high-level visit

  • admin
  • March 20, 2025
  • 0

Saudi Arabia opens doors to global mining giants with $97.5m exploration licenses JEDDAH: Saudi […]

Qatar to provide gas to Syria via Jordan
  • Finance

Qatar to provide gas to Syria via Jordan

  • admin
  • March 19, 2025
  • 0

BEIRUT: Qatar is set to provide Syria with gas via Jordan to improve the nation’s […]

PIF-backed Scopely acquires Pokemon GO maker for $3.5bn
  • Finance

PIF-backed Scopely acquires Pokemon GO maker for $3.5bn

  • admin
  • March 19, 2025
  • 0

RIYADH: Scopely, a US-based firm backed by Saudi Arabia’s Public Investment Fund, has signed a […]

UAE joins dividend surge as global payouts hit record $1.75tn in 2024
  • Finance

UAE joins dividend surge as global payouts hit record $1.75tn in 2024

  • admin
  • March 18, 2025
  • 0

RIYADH: Scopely, a US-based firm backed by Saudi Arabia’s Public Investment Fund, has signed […]

BSF, Diriyah Co. ink $1.6bn financing deal to develop Wadi Safar project
  • Finance

BSF, Diriyah Co. ink $1.6bn financing deal to develop Wadi Safar project

  • admin
  • March 18, 2025
  • 0

RIYADH: Scopely, a US-based firm backed by Saudi Arabia’s Public Investment Fund, has signed […]

Saudi money supply up 9% to hit $791bn in January
  • Finance

Saudi money supply up 9% to hit $791bn in January

  • admin
  • March 17, 2025
  • 0

RIYADH: Saudi Arabia’s money supply climbed to SR2.97 trillion ($791 billion) in January, marking a […]

Closing Bell: Saudi main index closes in green at 11,725
  • Finance

Closing Bell: Saudi main index closes in green at 11,725

  • admin
  • March 17, 2025
  • 0

RIYADH: Saudi Arabia’s money supply climbed to SR2.97 trillion ($791 billion) in January, marking […]

Oil Updates — crude slips amid macroeconomic concerns despite firm demand expectations
  • Finance

Oil Updates — crude slips amid macroeconomic concerns despite firm demand expectations

  • admin
  • March 16, 2025
  • 0

RIYADH: Saudi Arabia’s residential real estate market is set for a significant surge, with private […]

IEA sees global oil market surplus for 2025 as demand disappoints
  • Finance

IEA sees global oil market surplus for 2025 as demand disappoints

  • admin
  • March 16, 2025
  • 0

RIYADH: Scopely, a US-based firm backed by Saudi Arabia’s Public Investment Fund, has signed […]

Oil Updates — crude set to close week stable as investors mull path to Ukraine ceasefire
  • Finance

Oil Updates — crude set to close week stable as investors mull path to Ukraine ceasefire

  • admin
  • March 15, 2025
  • 0

Intersection between family offices and early-stage startups poised to expand, experts say RIYADH: Family […]

Saudi Arabia’s non-profit sector tops $26bn in economic contribution for the 1st time
  • Finance

Saudi Arabia’s non-profit sector tops $26bn in economic contribution for the 1st time

  • admin
  • March 14, 2025
  • 0

RIYADH: Saudi Arabia’s residential real estate market is set for a significant surge, with private […]

Saudi expats transfer nearly $4bn in Jan, bolstering developing economies
  • Finance

Saudi expats transfer nearly $4bn in Jan, bolstering developing economies

  • admin
  • March 14, 2025
  • 0

RIYADH: Saudi Arabia’s residential real estate market is set for a significant surge, with private […]

Direct flights from Stuttgart to Jeddah to begin later this year
  • Finance

Direct flights from Stuttgart to Jeddah to begin later this year

  • admin
  • March 13, 2025
  • 0

RIYADH: Saudi Arabia’s residential real estate market is set for a significant surge, with private […]

Jordan’s move to ease residency rules will attract investment, say experts
  • Finance

Jordan’s move to ease residency rules will attract investment, say experts

  • admin
  • March 13, 2025
  • 0

RIYADH: Saudi Arabia’s residential real estate market is set for a significant surge, with private […]

Closing Bell: Saudi main index closes in red at 11,811
  • Finance

Closing Bell: Saudi main index closes in red at 11,811

  • admin
  • March 12, 2025
  • 0

RIYADH: Some 2.5 million tourists have been drawn to Saudi Arabia in the past […]

Saudi Arabia’s M&A market sees 63% rise in Feb
  • Finance

Saudi Arabia’s M&A market sees 63% rise in Feb

  • admin
  • March 12, 2025
  • 0

RIYADH: Some 2.5 million tourists have been drawn to Saudi Arabia in the past […]

In speech to Congress, Trump reassures investors that new visa scheme would not tax foreign assets
  • Finance

In speech to Congress, Trump reassures investors that new visa scheme would not tax foreign assets

  • admin
  • March 11, 2025
  • 0

RIYADH: From advanced technology to bustling tourism, Saudi Arabia is witnessing a labor market transformation […]

Saudi multi-billion-dollar corporations are driving strategic investments in startup ecosystem
  • Finance

Saudi multi-billion-dollar corporations are driving strategic investments in startup ecosystem

  • admin
  • March 10, 2025
  • 0

RIYADH: Saudi Arabia’s corporate venture capital arms are playing a pivotal role in driving innovation […]

Franchises boosting Saudi economy, as Kingdom dominates half of MENA’s $30bn market
  • Finance

Franchises boosting Saudi economy, as Kingdom dominates half of MENA’s $30bn market

  • admin
  • March 10, 2025
  • 0

Saudi multi-billion-dollar corporations are driving strategic investments in startup ecosystem RIYADH: Saudi Arabia’s corporate […]

Oil Updates — crude set for biggest weekly drop since Oct on tariff uncertainty, supply gains
  • Finance

Oil Updates — crude set for biggest weekly drop since Oct on tariff uncertainty, supply gains

  • admin
  • March 9, 2025
  • 0

NEW DELHI: Oil prices were little changed on Friday but were set for their biggest […]

Saudi Arabia strengthens halal leadership with 13 new deals at Makkah forum 
  • Finance

Saudi Arabia strengthens halal leadership with 13 new deals at Makkah forum 

  • admin
  • March 8, 2025
  • 0

RIYADH: Saudi Arabia’s real estate loans surged 15.12 percent year on year to a […]

Closing Bell: Saudi main index ends week in red; Nomu gains
  • Finance

Closing Bell: Saudi main index ends week in red; Nomu gains

  • admin
  • March 7, 2025
  • 0

Sports tourism attracts 2.5m visitors to Saudi Arabia, minister reveals as he sets out sector’s ambitions […]

Over 1,300 Saudi industrial licenses awarded in 2024, attracting $13.3bn investment, latest figures show
  • Finance

Over 1,300 Saudi industrial licenses awarded in 2024, attracting $13.3bn investment, latest figures show

  • admin
  • March 7, 2025
  • 0

RIYADH: Saudi Arabia’s real estate loans surged 15.12 percent year on year to a […]

Saudi Arabia’s non-oil exports to China surge 70% as trade ties deepen: GASTAT
  • Finance

Saudi Arabia’s non-oil exports to China surge 70% as trade ties deepen: GASTAT

  • admin
  • March 6, 2025
  • 0

RIYADH: Saudi Arabia’s financial markets are on a sharp upward trajectory despite challenging global […]

Oil Updates — crude on track for 1st monthly drop since November on Trump tariff concerns
  • Finance

Oil Updates — crude on track for 1st monthly drop since November on Trump tariff concerns

  • admin
  • March 6, 2025
  • 0

RIYADH: Saudi Arabia’s financial markets are on a sharp upward trajectory despite challenging global […]

Can Saudi Arabia conquer global uncertainty and become a financial giant?
  • Finance

Can Saudi Arabia conquer global uncertainty and become a financial giant?

  • admin
  • March 5, 2025
  • 0

RIYADH: Saudi Arabia’s financial markets are on a sharp upward trajectory despite challenging global economic […]

Funding surges as MENA startups gain momentum
  • Finance

Funding surges as MENA startups gain momentum

  • admin
  • March 5, 2025
  • 0

RIYADH: Startups across the Middle East and North Africa region continue to attract significant investment, with […]

Riyadh leads Saudi real estate surge with 18% rise in office rents
  • Finance

Riyadh leads Saudi real estate surge with 18% rise in office rents

  • admin
  • March 4, 2025
  • 0

RIYADH: Startups across the Middle East and North Africa region continue to attract significant investment, […]

‘Rescue, reform and rebuild’: Can Lebanon’s new government save the economy?
  • Finance

‘Rescue, reform and rebuild’: Can Lebanon’s new government save the economy?

  • admin
  • March 4, 2025
  • 0

RIYADH: With a new president and a fresh cabinet, Lebanon stands at a pivotal moment. Can […]

Will Trump strike gold with wealthy Arabs through new residency program?
  • Finance

Will Trump strike gold with wealthy Arabs through new residency program?

  • admin
  • March 3, 2025
  • 0

RIYADH: With a new president and a fresh cabinet, Lebanon stands at a pivotal moment. […]

Saudi investment ministry inks deal with Sana to boost entrepreneurial ecosystem in Al-Ahsa
  • Finance

Saudi investment ministry inks deal with Sana to boost entrepreneurial ecosystem in Al-Ahsa

  • admin
  • March 2, 2025
  • 0

RIYADH: Chemical manufacturer Saudi Basic Industries Corp. posted a net profit of SR1.54 billion […]

Oman, Saudi Arabia ink 3 agreements to strengthen trade ties 
  • Finance

Oman, Saudi Arabia ink 3 agreements to strengthen trade ties 

  • admin
  • March 1, 2025
  • 0

RIYADH: Global credit rating agency Moody’s has affirmed Egypt’s Caa1 long-term foreign and local currency […]

King Salman approves Saudi riyal symbol
  • Finance

King Salman approves Saudi riyal symbol

  • admin
  • March 1, 2025
  • 0

RIYADH: Improving economic conditions, stronger loan quality, and a resilient banking sector have led […]

Qurayyah power plant to expand by 3.01 GW thanks to $3.6bn investment
  • Finance

Qurayyah power plant to expand by 3.01 GW thanks to $3.6bn investment

  • admin
  • February 28, 2025
  • 0

RIYADH: Chemical manufacturer Saudi Basic Industries Corp. posted a net profit of SR1.54 billion […]

Closing Bell: Saudi main index closes in green at 12,388   
  • Finance

Closing Bell: Saudi main index closes in green at 12,388   

  • admin
  • February 28, 2025
  • 0

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 68.58 points, or […]

Saudi credit card lending surges to $8.4bn amid digital payments boom 
  • Finance

Saudi credit card lending surges to $8.4bn amid digital payments boom 

  • admin
  • February 27, 2025
  • 0

Lucid CEO steps down, company expects to more than double vehicle production this year […]

Moody’s affirms Egypt’s Caa1 rating with positive outlook
  • Finance

Moody’s affirms Egypt’s Caa1 rating with positive outlook

  • admin
  • February 27, 2025
  • 0

RIYADH: Chemical manufacturer Saudi Basic Industries Corp. posted a net profit of SR1.54 billion […]

Saudi Arabia’s Vision 2030 driving private equity growth in the GCC
  • Finance

Saudi Arabia’s Vision 2030 driving private equity growth in the GCC

  • admin
  • February 26, 2025
  • 0

RIYADH: Saudi Arabia has emerged as a transformative force in the private equity landscape within […]

Oil Updates — crude heads for weekly gain on supply jitters
  • Finance

Oil Updates — crude heads for weekly gain on supply jitters

  • admin
  • February 26, 2025
  • 0

RIYADH: Saudi Arabia has emerged as a transformative force in the private equity landscape […]

Saudi banks’ new residential mortgages rise 17% to $24bn
  • Finance

Saudi banks’ new residential mortgages rise 17% to $24bn

  • admin
  • February 25, 2025
  • 0

RIYADH: Saudi Arabia’s banks issued SR91.1 billion ($24.28 billion) in new residential mortgages to individuals […]

Saudi Arabia launches new financing products to boost construction sector
  • Finance

Saudi Arabia launches new financing products to boost construction sector

  • admin
  • February 22, 2025
  • 0

RIYADH: UAE’s ADNOC Drilling is projecting significant growth, expecting over $1 billion in investments […]

PIF’s ROSHN, Johnson Controls Arabia ink deal to propel energy efficiency in Saudi Arabia
  • Finance

PIF’s ROSHN, Johnson Controls Arabia ink deal to propel energy efficiency in Saudi Arabia

  • admin
  • February 21, 2025
  • 0

RIYADH: Saudi Arabia’s Capital Market Authority is working on the introduction of special-purpose acquisition […]

Saudi Arabia, IMF lead talks on economic resilience at AlUla summit
  • Finance

Saudi Arabia, IMF lead talks on economic resilience at AlUla summit

  • admin
  • February 21, 2025
  • 0

RIYADH: Saudi Arabia’s Capital Market Authority is working on the introduction of special-purpose acquisition […]

Saudi Arabia’s revenue rises to $336bn in 2024 as non-oil income surges 
  • Finance

Saudi Arabia’s revenue rises to $336bn in 2024 as non-oil income surges 

  • admin
  • February 20, 2025
  • 0

RIYADH: Big 5 Construct Saudi 2025 returned for its 13th edition in a groundbreaking […]

Saudi banks see record profits amid strong credit growth and debt market expansion
  • Finance

Saudi banks see record profits amid strong credit growth and debt market expansion

  • admin
  • February 20, 2025
  • 0

PIF’s ROSHN, Johnson Controls Arabia ink deal to propel energy efficiency in Saudi Arabia […]

Saudi Arabia leads GCC in US dollar debt and sukuk issuance, driving regional growth: Fitch
  • Finance

Saudi Arabia leads GCC in US dollar debt and sukuk issuance, driving regional growth: Fitch

  • admin
  • February 19, 2025
  • 0

PIF’s ROSHN, Johnson Controls Arabia ink deal to propel energy efficiency in Saudi Arabia […]

Oil Updates — crude to snap 3-week losing streak amid US tariff delays
  • Finance

Oil Updates — crude to snap 3-week losing streak amid US tariff delays

  • admin
  • February 19, 2025
  • 0

Saudi banks see record profits amid strong credit growth and debt market expansion RIYADH: […]

Saudi Arabia’s startup ecosystem LEAPs once again
  • Finance

Saudi Arabia’s startup ecosystem LEAPs once again

  • admin
  • February 18, 2025
  • 0

RIYADH: Saudi Arabia’s LEAP 2025 tech conference, held from Feb. 9 to 12, showcased the Kingdom’s […]

Saudi expat remittances surge to three-year high $38.5bn, SAMA reveals
  • Finance

Saudi expat remittances surge to three-year high $38.5bn, SAMA reveals

  • admin
  • February 18, 2025
  • 0

RIYADH: Saudi Arabia’s LEAP 2025 tech conference, held from Feb. 9 to 12, showcased the […]

Saudi Arabia to lead region’s initial public offerings in 2025 — EY
  • Finance

Saudi Arabia to lead region’s initial public offerings in 2025 — EY

  • admin
  • February 17, 2025
  • 0

RIYADH: Saudi Arabia’s LEAP 2025 tech conference, held from Feb. 9 to 12, showcased the […]

Riyadh Expo 2030 to boost Saudi Arabia’s global presence
  • Finance

Riyadh Expo 2030 to boost Saudi Arabia’s global presence

  • admin
  • February 16, 2025
  • 0

Ceer supercharges Saudi EV industry with $1.4bn in deals, gearing up for 2026 launch […]

Saudi Ma’aden prices $1.25bn debut sukuk, 9.2 times oversubscribed with $11bn in orders
  • Finance

Saudi Ma’aden prices $1.25bn debut sukuk, 9.2 times oversubscribed with $11bn in orders

  • admin
  • February 15, 2025
  • 0

RIYADH: Saudi Arabia has announced investments worth $14.9 billion in the technological sector on […]

Closing Bell: Saudi Arabia’s main market gains 36 points to 12,469
  • Finance

Closing Bell: Saudi Arabia’s main market gains 36 points to 12,469

  • admin
  • February 15, 2025
  • 0

RIYADH: From Formula One to boxing, golf to the FIFA World Cup, Saudi Arabia […]

Saudi PIF’s Alat and Lenovo break ground on new 200k sq. meter facility in Riyadh
  • Finance

Saudi PIF’s Alat and Lenovo break ground on new 200k sq. meter facility in Riyadh

  • admin
  • February 14, 2025
  • 0

Saudi Arabia transforming into ‘center of gravity’ in regional tech space: expert  RIYADH: Saudi Arabia is […]

IBM expands AI workforce in Saudi Arabia, aligning with Vision 2030: CEO 
  • Finance

IBM expands AI workforce in Saudi Arabia, aligning with Vision 2030: CEO 

  • admin
  • February 14, 2025
  • 0

Pakistan aims for stronger trade ties with Saudi Arabia, says commerce minister  JEDDAH: Pakistan […]

Tencent Cloud to launch Saudi operations in 2025 with $150m investment, says official
  • Finance

Tencent Cloud to launch Saudi operations in 2025 with $150m investment, says official

  • admin
  • February 13, 2025
  • 0

Saudi Arabia transforming into ‘center of gravity’ in regional tech space: expert  RIYADH: Saudi Arabia is […]

Saudi Arabia announces $14.9bn investment deals in LEAP 2025
  • Finance

Saudi Arabia announces $14.9bn investment deals in LEAP 2025

  • admin
  • February 13, 2025
  • 0

RIYADH: Saudi Arabia has announced investments worth $14.9 billion in the technological sector on the […]

Saudi Aramco executive highlights key factors to unlock AI potential
  • Finance

Saudi Aramco executive highlights key factors to unlock AI potential

  • admin
  • February 12, 2025
  • 0

RIYADH: Saudi Arabia has announced investments worth $14.9 billion in the technological sector on […]

Saudi Arabia transforming into ‘center of gravity’ in regional tech space: expert 
  • Finance

Saudi Arabia transforming into ‘center of gravity’ in regional tech space: expert 

  • admin
  • February 12, 2025
  • 0

RIYADH: Saudi Arabia is quickly becoming a dominant force in the regional technology ecosystem, establishing itself […]

Pakistan aims for stronger trade ties with Saudi Arabia, says commerce minister 
  • Finance

Pakistan aims for stronger trade ties with Saudi Arabia, says commerce minister 

  • admin
  • February 11, 2025
  • 0

RIYADH: From Formula One to boxing, golf to the FIFA World Cup, Saudi Arabia […]

GCC equity markets post monthly gains in January: Markaz
  • Finance

GCC equity markets post monthly gains in January: Markaz

  • admin
  • February 10, 2025
  • 0

RIYADH: Equity markets in the Gulf Cooperation Council countries saw strong growth in January, with […]

RLC Global Forum to address the future of Saudi Arabia’s retail landscape 
  • Finance

RLC Global Forum to address the future of Saudi Arabia’s retail landscape 

  • admin
  • February 9, 2025
  • 0

RIYADH: Over 100 speakers from more than 600 organizations will convene at the Retail Leaders […]

Saudi Arabia, Germany ink 200k-tonnes green hydrogen export deal
  • Finance

Saudi Arabia, Germany ink 200k-tonnes green hydrogen export deal

  • admin
  • February 9, 2025
  • 0

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital  […]

Kuwait expects 12% rise in budget deficit to $20bn for 2025-2026
  • Finance

Kuwait expects 12% rise in budget deficit to $20bn for 2025-2026

  • admin
  • February 8, 2025
  • 0

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital  […]

Saudi CMA, Insurance Authority forge partnership to strengthen sector oversight
  • Finance

Saudi CMA, Insurance Authority forge partnership to strengthen sector oversight

  • admin
  • February 8, 2025
  • 0

RIYADH: Over 100 speakers from more than 600 organizations will convene at the Retail […]

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital 
  • Finance

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital 

  • admin
  • February 7, 2025
  • 0

RIYADH: Saudi stock market profits are set to grow by 8 percent in 2025, with […]

Oil Updates — prices gain as Trump tariffs stoke supply worries
  • Finance

Oil Updates — prices gain as Trump tariffs stoke supply worries

  • admin
  • February 7, 2025
  • 0

LONDON: Oil prices rose on Monday after US President Donald Trump imposed tariffs on Canada, […]

OPEC+ reaffirms commitment to production cuts
  • Finance

OPEC+ reaffirms commitment to production cuts

  • admin
  • February 6, 2025
  • 0

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital  […]

Closing Bell: Saudi indices close in red at 12,377
  • Finance

Closing Bell: Saudi indices close in red at 12,377

  • admin
  • February 6, 2025
  • 0

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital  […]

Pakistan, Saudi Arabia sign agreement to boost cooperation in public sector auditing
  • Finance

Pakistan, Saudi Arabia sign agreement to boost cooperation in public sector auditing

  • admin
  • February 5, 2025
  • 0

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital  […]

Al-Habtoor Group halts investment plans in Lebanon amid growing instability
  • Finance

Al-Habtoor Group halts investment plans in Lebanon amid growing instability

  • admin
  • February 5, 2025
  • 0

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital  […]

SAMA permits full public launch of STC Bank in digitalization push
  • Finance

SAMA permits full public launch of STC Bank in digitalization push

  • admin
  • February 4, 2025
  • 0

Banking, healthcare to drive 8% growth in Saudi stock market profits in 2025: SNB Capital  […]

Saudi Arabia’s property market set for growth with billions in new projects
  • Finance

Saudi Arabia’s property market set for growth with billions in new projects

  • admin
  • February 4, 2025
  • 0

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 5.62 points, or […]

SAMA issues rules for buy now, pay later companies
  • Finance

SAMA issues rules for buy now, pay later companies

  • admin
  • December 18, 2023
  • 0

RIYADH: Saudi Arabia’s financial technology sector is bracing for growth with its apex bank issuing […]

Oman, India deepen economic ties through multiple MoUs
  • Finance

Oman, India deepen economic ties through multiple MoUs

  • admin
  • December 18, 2023
  • 0

RIYADH: The economic and trade relations between Oman and India are set to strengthen further […]

True value of Expo 2030 boost laid out in new report
  • Finance

True value of Expo 2030 boost laid out in new report

  • admin
  • December 17, 2023
  • 0

CAIRO: The startup ecosystem in Saudi Arabia remains at the forefront of regional funding trends, […]

Alkhorayef meets Korean company executives to boost industrial ties 
  • Finance

Alkhorayef meets Korean company executives to boost industrial ties 

  • admin
  • December 17, 2023
  • 0

CAIRO: The startup ecosystem in Saudi Arabia remains at the forefront of regional funding trends, […]

Startup Wrap – Saudi based startups continue to raise significant funding
  • Finance

Startup Wrap – Saudi based startups continue to raise significant funding

  • admin
  • December 16, 2023
  • 0

CAIRO: The startup ecosystem in Saudi Arabia remains at the forefront of regional funding trends, […]

Oil Updates – crude on track for first weekly rise in two months
  • Finance

Oil Updates – crude on track for first weekly rise in two months

  • admin
  • December 16, 2023
  • 0

LONDON: Oil prices rose on Friday, on track to notch their first weekly rise in […]

Qiddiya announces the launch of its gaming and esports district
  • Finance

Qiddiya announces the launch of its gaming and esports district

  • admin
  • December 15, 2023
  • 0

RIYADH: Developers of the Qiddiya mega-project in Riyadh announced the launch of the site’s Gaming […]

Iraq has reservations over an item in COP28’s final deal – statement
  • Finance

Iraq has reservations over an item in COP28’s final deal – statement

  • admin
  • December 15, 2023
  • 0

RIYADH: Central banks in the Gulf Cooperation Council region have kept their interest rates unchanged, […]

Saudi minister of finance selected to chair International Monetary and Financial Committee
  • Finance

Saudi minister of finance selected to chair International Monetary and Financial Committee

  • admin
  • December 14, 2023
  • 0

RIYADH: The geospatial infrastructure in Saudi Arabia is set to receive a boost with the […]

SAMI to buy SAIC’s 10% stake in Al-Salam Aerospace Industries Co.
  • Finance

SAMI to buy SAIC’s 10% stake in Al-Salam Aerospace Industries Co.

  • admin
  • December 14, 2023
  • 0

RIYADH: Saudi Arabian Military Industries, an affiliate of the Public Investment Fund, has signed an […]

Saudi-China investment event witnesses deals worth $25bn
  • Finance

Saudi-China investment event witnesses deals worth $25bn

  • admin
  • December 13, 2023
  • 0

RIYADH: Aramco has attained a high level of dependability in providing consistent and reliable oil […]

Closing bell: Saudi Arabia’s main index edges up to 11,395  
  • Finance

Closing bell: Saudi Arabia’s main index edges up to 11,395  

  • admin
  • December 13, 2023
  • 0

N3XT Sports opens Riyadh office as Saudi Arabia continues its strides in sporting sector   RIYADH: […]

Saudi Tadawul Group and Chinese Shenzhen Stock Exchange sign MoU to boost cooperation 
  • Finance

Saudi Tadawul Group and Chinese Shenzhen Stock Exchange sign MoU to boost cooperation 

  • admin
  • December 12, 2023
  • 0

RIYADH: Saudi Arabia granted 412 new industrial licenses in the third quarter, marking an 83.9 […]

Closing Bell: TASI edges up 84 points, reaches $2bn trade volume  
  • Finance

Closing Bell: TASI edges up 84 points, reaches $2bn trade volume  

  • admin
  • December 12, 2023
  • 0

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend on Monday, as it […]

Rich nations, GCC urged to use SDRs to fund climate action in Africa
  • Finance

Rich nations, GCC urged to use SDRs to fund climate action in Africa

  • admin
  • December 11, 2023
  • 0

DUBAI: Leaders of the Gulf Cooperation Council countries have been called upon to seize the […]

BNPL firm Jeel Pay receives SAMA permit, boosting Saudi fintech
  • Finance

BNPL firm Jeel Pay receives SAMA permit, boosting Saudi fintech

  • admin
  • December 10, 2023
  • 0

DUBAI: Leaders of the Gulf Cooperation Council countries have been called upon to seize the […]

Biotech firm utilizes hemp to boost sustainability
  • Finance

Biotech firm utilizes hemp to boost sustainability

  • admin
  • December 10, 2023
  • 0

CAIRO: Saudi-based biotech startup Green Desert is aiming to boost the Kingdom’s sustainability with a fresh […]

Qatar Airways launches NEOM Bay flight
  • Finance

Qatar Airways launches NEOM Bay flight

  • admin
  • December 9, 2023
  • 0

Riyadh: Qatar Airways expanded services to Saudi Arabia with the launch of the Doha-NEOM Bay […]

Startup Wrap – Saudi Arabia leads November’s funding spree with $338m
  • Finance

Startup Wrap – Saudi Arabia leads November’s funding spree with $338m

  • admin
  • December 9, 2023
  • 0

CAIRO: Saudi Arabia’s startup ecosystem continues to dominate the region after raising the most funds […]

Oil Updates – crude heads for 7th weekly loss as supply surplus, weak China demand weigh on market
  • Finance

Oil Updates – crude heads for 7th weekly loss as supply surplus, weak China demand weigh on market

  • admin
  • December 8, 2023
  • 0

LONDON: Oil benchmarks were headed for a seventh straight weekly decline on worries over a […]

Saudi Arabia, Russia stress need for OPEC+ to commit to deal
  • Finance

Saudi Arabia, Russia stress need for OPEC+ to commit to deal

  • admin
  • December 8, 2023
  • 0

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Thursday revealed the urban plan and […]

Saudi jobs boom unmatched anywhere in the world, Budget Forum told
  • Finance

Saudi jobs boom unmatched anywhere in the world, Budget Forum told

  • admin
  • December 7, 2023
  • 0

RIYADH: Some 1.1 million new jobs have been created in Saudi Arabia in the past […]

Saudi Arabia, IAEA discuss cooperation on development of nuclear energy
  • Finance

Saudi Arabia, IAEA discuss cooperation on development of nuclear energy

  • admin
  • December 7, 2023
  • 0

RIYADH: Saudi Arabia on Wednesday approved the state budget for 2024 with revenues projected at […]

UAE’s non-oil activities steady as PMI hits 57 in November: S&P Global
  • Finance

UAE’s non-oil activities steady as PMI hits 57 in November: S&P Global

  • admin
  • December 6, 2023
  • 0

RIYADH: The growth of non-oil activities in the UAE was steady in November, driven by […]

Saudi Arabia’s real estate supply reservations more than double
  • Finance

Saudi Arabia’s real estate supply reservations more than double

  • admin
  • December 6, 2023
  • 0

Global Leadership Summit: Top decision-makers discuss real estate trends in Riyadh RIYADH: Real estate leaders and […]

Qatar’s industrial sector achieves 1.13% growth in October 
  • Finance

Qatar’s industrial sector achieves 1.13% growth in October 

  • admin
  • December 5, 2023
  • 0

DUBAI: NEOM’s water and electricity subsidiary ENOWA has developed a blueprint for the world’s first […]

Turkish inflation rises to its highest level this year
  • Finance

Turkish inflation rises to its highest level this year

  • admin
  • December 5, 2023
  • 0

DUBAI: As Gender Day was observed on Dec. 4 at the 2023 UN Climate Change […]

Saudi Arabia’s PIF buys significant minority stake in Rocco Forte Hotels
  • Finance

Saudi Arabia’s PIF buys significant minority stake in Rocco Forte Hotels

  • admin
  • December 4, 2023
  • 0

DUBAI: The Saudi Green Initiative Forum (SGI Forum) kicked off on Monday as COP28 continues […]

Experts laud Saudi private sector’s efforts in advancing sustainable development
  • Finance

Experts laud Saudi private sector’s efforts in advancing sustainable development

  • admin
  • December 4, 2023
  • 0

DUBAI: Experts on Sunday highlighted the positive role the private sector is playing in advancing […]

Startup Wrap – Saudi Arabia’s venture landscape receives influx of expanding startups
  • Finance

Startup Wrap – Saudi Arabia’s venture landscape receives influx of expanding startups

  • admin
  • December 3, 2023
  • 0

CAIRO: Saudi Arabia’s entrepreneurial space is getting bigger with more startups raising funding and others […]

US-Saudi Business Council to hold conference in New Orleans
  • Finance

US-Saudi Business Council to hold conference in New Orleans

  • admin
  • December 3, 2023
  • 0

DUBAI: The US should participate, rather than being a “loud opponent,” in carbon pricing, urged […]

Climate transition must be more holistic, says Bill Gates
  • Finance

Climate transition must be more holistic, says Bill Gates

  • admin
  • December 2, 2023
  • 0

DUBAI: Leaders of developing nations jumped into Saturday’s second day of a UN climate summit […]

Cooperation with Saudi Arabia central to Japan’s green ambitions
  • Finance

Cooperation with Saudi Arabia central to Japan’s green ambitions

  • admin
  • December 2, 2023
  • 0

LONDON: Maturation of Gulf states’ economies presents further opportunities to deepen the relationship between the […]

World leaders take centerstage in high-level COP28 event
  • Finance

World leaders take centerstage in high-level COP28 event

  • admin
  • December 1, 2023
  • 0

DUBAI: More than 130 world leaders take centerstage as they address the United Nations climate […]

Brazil president’s Saudi visit shows desire for stronger ties
  • Finance

Brazil president’s Saudi visit shows desire for stronger ties

  • admin
  • December 1, 2023
  • 0

SAO PAULO: The visit of Brazil’s president to Riyadh on Nov. 28-29 with a delegation […]

Brazilian meatpacker JBS mulls more investments in Saudi Arabia
  • Finance

Brazilian meatpacker JBS mulls more investments in Saudi Arabia

  • admin
  • November 30, 2023
  • 0

RIYADH: Saudi Arabia is committing itself to a sustainable and green future through a variety […]

NEOM announces new tourism escape Siranna 
  • Finance

NEOM announces new tourism escape Siranna 

  • admin
  • November 30, 2023
  • 0

RIYADH: Saudi Arabia’s giga-project NEOM has unveiled its latest sustainable tourism destination, Siranna, featuring a 65-key […]

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