BEIRUT: Qatar is set to provide Syria with gas via Jordan to improve the nation’s meagre…
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Egypt secures $1.2bn IMF disbursement amid reforms
RIYADH: Egypt has secured a $1.2 billion disbursement from the International Monetary Fund following the completion…
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Saudi Arabia invites applications for exploration permits in Riyadh, Madinah regions
RIYADH: Saudi Arabia has opened applications for pre-qualification for mining exploration licenses across three mineral-rich belts…
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Oil Updates — crude set to close week stable as investors mull path to Ukraine ceasefire
LONDON: Oil prices were stable on Friday after a more than 1 percent loss in the…
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Closing Bell: Saudi main index closes in green at 11,725
RIYADH: Saudi Arabia’s Tadawul All Share Index gained 20.95 points, or 0.18 percent, closing at 11,725.88…
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Saudi money supply up 9% to hit $791bn in January
RIYADH: Saudi Arabia’s money supply climbed to SR2.97 trillion ($791 billion) in January, marking a 9…
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BSF, Diriyah Co. ink $1.6bn financing deal to develop Wadi Safar project
JEDDAH: Banque Saudi Fransi has signed a financing deal worth SR6 billion ($1.6 billion) with Diriyah…
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UAE joins dividend surge as global payouts hit record $1.75tn in 2024
RIYADH: The UAE was among 17 countries setting new dividend records in 2024 as global payouts…
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Lebanon readies 22 deals for signing with Saudi Arabia during high-level visit
RIYADH: Lebanon has prepared the final drafts of 22 cooperation agreements with Saudi Arabia, setting the…
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PIF-backed Scopely acquires Pokemon GO maker for $3.5bn
RIYADH: Scopely, a US-based firm backed by Saudi Arabia’s Public Investment Fund, has signed a deal…
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IEA sees global oil market surplus for 2025 as demand disappoints
LONDON: Global oil supply could exceed demand by around 600,000 barrels per day this year, the…
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Oil Updates — crude slips amid macroeconomic concerns despite firm demand expectations
LONDON: Oil prices slipped on Thursday after a surge in the previous session on a larger-than-expected…
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