Saudi Arabia

The UAE and Saudi financial markets topped the Arab stock exchanges during last week’s trading, after achieving market gains that exceeded $21 billion, according to the Arab Monetary Fund. In the weekly bulletin of the Arab financial markets, which monitors the performance of 13 stock exchanges, the fund stated that …

On Monday, Riyadh Air flew for the first time in the skies of the Saudi capital, Riyadh, days before the company’s first international participation in the Paris Air Show, which begins next Monday. The plane flew at a low altitude in the sky of the capital, passing through its most …

Saudi Arabia’s General Authority for Statistics said on Thursday that the country’s economy grew by 3.8 percent year-on-year in the first quarter of 2023, which is largely in line with forecasts issued last month. The authority added that non-oil economic activities grew by 5.4 percent, while oil activities increased by …

Riyadh, Dhu al-Qi`dah 15, 1444 AH, corresponding to June 04, 2023 AD The main Saudi stock index closed today, up 207.01 points, to close at 11221.96 points, with transactions worth 4.3 billion riyals. The amount of shares traded – according to the daily economic bulletin of the Saudi Press Agency …

Riyadh 01 Dhu al-Qi`dah 1444 AH corresponding to May 21, 2023 AD The Saudi Energy Purchase Company signed energy purchase agreements for three new solar photovoltaic projects, within the projects of the National Renewable Energy Program supervised by the Ministry of Energy, with a total capacity of 4,550 megawatts, with …

Tabuk Shawwal 27, 1444 AH, corresponding to May 17, 2023 AD Today, NEOM announced the opening of “NEOM Port” to investors and the business sector, and to attract a consortium of a group of companies to start the work of the first phase of developing the port, by awarding contracts …

Riyadh, Shawwal 27, 1444 AH, corresponding to May 17, 2023 AD The main Saudi stock index closed today, up 71.58 points, to close at 11277.60 points, with transactions worth 6 billion riyals. The volume of traded shares – according to the daily economic bulletin of the Saudi Press Agency for …

Riyadh, Shawwal 20, 1444 AH, corresponding to May 10, 2023 AD Today, the Saudi Electricity Company announced its financial results for the first quarter of 2023, as it recorded operating revenues of 13.4 billion riyals, compared to 13.5 billion riyals for the same quarter of the previous year, i.e. a …

Riyadh, Shawwal 15, 1444 AH, corresponding to May 05, 2023 AD The Ministry of Health stressed on those wishing to perform the rituals of Hajj for this year 1444 AH from within the need to expedite taking the meningitis and seasonal influenza vaccines and to complete immunization for coronavirus vaccines. …

Riyadh, Shawwal 13, 1444 AH, corresponding to May 03, 2023 AD The Saudi Center for Economic Business launched the “Issue a media license” service through the business platform, which includes a number of activities, including: “public relations and communication, media studies and consulting, press services, design and programming of special …