Economic news
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Will gold remain a safe haven asset?

Gold has long been a source of controversy and contention am.. Read more


Global trade is expected to decline in the coming months

The economics department of Qatar National Bank (QNB) said t.. Read more


The euro is below the dollar .. the lowest level in 20 years

For the first time in 20 years, the euro fell below $1 on Tu.. Read more


"OPEC"...The pressures of supply shortage will continue next year

OPEC expected global demand for oil to increase next year, b.. Read more

Economic News

Gulf Markets
"Retal" signs a contract to develop 550 housing units in Riyadh at a value of 605 million riyals

Retal Urban Development Company announced that it had signed, on Monday, a sub-development agreement... Read more

Gulf Markets
"Extra" profits rise 6% in the third quarter to 94.2 million riyals

The financial statements of the United Electronics Company (Extra) revealed an increase in the compa... Read more

Gulf Markets
Institutions cover the subscription of "utilities" within hours

The institutions covered the subscription of electricity and water utilities in Jubail and Yanbu Mar... Read more

Gulf Markets
Offering 29.24% of the Saudi “Mahrafiq” with a price range between 41 and 46 riyals per share

HSBC Saudi Arabia and Riyad Capital, in their capacity as financial advisors, bookrunners and underw... Read more

Gulf Markets
Almarai profits rise 13.2% in the third quarter

The financial statements of Almarai revealed that the company's profits in the third quarter of... Read more

Gulf Markets
Saudi Investments begins subscribing the first green bonds

Today, Wednesday, the Saudi Public Investment Fund (PIF) began receiving orders to sell green bonds... Read more

Gulf Markets
"Arabia Pledges" distributes 19% cash dividends

The Ordinary General Assembly of the Arab Technical Contracting Company approved, on Tuesday, the re... Read more

Gulf Markets
Saudi PMI declines in September despite economic improvement

Recent data for the Purchasing Managers' Index (PMI), issued by Standard & Poor's Global... Read more

Gulf Markets
A subsidiary of "Saudi Investments" acquires 34% of the Egyptian "B-Tech"

The Egyptian company B.TECH for the sale of home appliances announced that the Saudi Egyptian Invest... Read more

Gulf Markets
Najran Cement distributes 42.5 million riyals as cash dividends for the first half

The Board of Directors of Najran Cement Company decided, in its meeting held yesterday, Sunday, to d... Read more

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