The Employees' Provident Fund Organisation (EPFO) is expected to increase the auto-settlement of advance claims (ASAC) limit by fivefold, from Rs 1 lakh to...
Nestle India and Hindustan Unilever shares fell after BofA downgraded the stocks to 'underperform' from 'neutral' and 'neutral' from 'buy'
The shares of FMCG majors Nestle and...
Financial institutions from the Kingdom made up nearly a third of the total $600.8 billion market capitalization of the listed banks
Al-Rajhi Bank retained its...
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, as it shed 82.97 points or 0.70 percent to close at 11,709.43.
The total trading...
Corporate lending dominated the sector, making up around 54 percent
RIYADH: Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth...
RIYADH: Saudi Arabia’s economy is poised for substantial growth, with its gross domestic product projected to increase from 1.2 percent in 2024 to 3.8...
JEDDAH: Saudi Arabia’s Council of Economic and Development Affairs hosted a virtual meeting to discuss financial performance and global developments, focusing on improving public...
RIYADH: The Middle East is rapidly emerging as a prime destination for private equity investment, spurred by a global resurgence in dealmaking, according to...
New symbol signals Kingdom’s commitment to align its financial practices with international standards
JEDDAH: Saudi Arabia’s unveiling of a new symbol for the riyal has been...
Corporate lending dominated the sector, making up around 54 percent
RIYADH: Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth...
America’s wealthiest households are driving economic growth, thanks to their investing gainsA stock market decline of 20% or more would erode the spending power...
RIYADH: Saudi energy giant Aramco reported a net profit of SR398.42 billion ($106.2 billion) in 2024, despite challenging market conditions, including lower prices for...
RIYADH: Saudi Arabia’s private equity market reached $2.8 billion in total investments across 15 transactions in 2024, maintaining its billion-dollar scale despite a slowdown,...
Saudi Arabia’s financial markets are on a sharp upward trajectory despite challenging global economic trends, experts have told Arab News.
Market volatility across the world...
Arab stock markets recorded a positive performance in January for the second consecutive month, mirroring the upward trajectory of global exchanges.
According to the latest...
Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive.
In an...
Micro-cap stocks are highly risky investments, but they also offer the potential for substantial returns if selected carefullyDespite the recent market correction, mutual funds have shown...
Saudi Arabia’s Public Investment Fund is offering SR40 billion ($10.67 billion) in investment opportunities through its private sector platform to strengthen local industries, supply...