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Closing Bell: Saudi stock markets rise; TASI climbs over 1%

RIYADH: Saudi Arabia’s Tadawul All Share Index saw a positive close on Sunday, gaining 127.90 points,…

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MENA startups get fresh funding to drive expansion

RIYADH: A wave of new investments is fueling the growth of startups across various sectors, from…

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Saudi Arabia is shifting gears and racing into the EV future

RIYADH: Long known for its oil industry, Saudi Arabia is now racing toward an electrified future,…

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The rise of ‘phygital’ — Saudi e-commerce industry sees Ramadan rush

RIYADH: Embracing the essence of tradition while adapting to the evolving demands of a digital era,…

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US weighing in on Lebanon’s next central bank chief, sources say

BEIRUT/WASHINGTON: The US is weighing in with Lebanon’s government on the selection of the country’s next…

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Global trade hits record $33tn in 2024, growing by 3.7%: UNCTAD

RIYADH: Global trade reached a record high of $33 trillion in 2024, marking a 3.7 percent…

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Hail region unveils 23 investment opportunities to drive economic growth

RIYADH: Saudi Arabia’s Hail region has launched 23 new investment opportunities for the first quarter of…

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Saudi Arabia’s top body reviews economic performance, global outlook

JEDDAH: Saudi Arabia’s Council of Economic and Development Affairs hosted a virtual meeting to discuss financial…

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Oil exports propel Oman’s trade surplus to $19.4bn

RIYADH: Oman’s trade surplus reached 7.5 billion Omani rials ($19.4 billion) in December, up from 7.14…

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S&P lifts Saudi Arabia’s rating on sustained economic shift away from oil

RIYADH: Global ratings agency S&P raised Saudi Arabia’s rating to ‘A+’ from ‘A’ with a stable…

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Intersection between family offices and early-stage startups poised to expand, experts say

RIYADH: Family offices have traditionally been influential in private capital investment, but their role in business…

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Saudi Arabia’s inflation holds steady at 2% in February: GASTAT

RIYADH: Saudi Arabia’s inflation held firm at 2 percent year on year in February, driven largely…

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