Capital Market Companies in Saudi Arabia Report Operating Revenue Growth of 27% to $1.1 Billion: CMA
RIYADH: In the second quarter of 2024, operating income from Saudi Arabia’s capital market institutions increased by 27% annually to...
EV Auto Show 2024: Main Event to be Held in Riyadh, Highlighting Saudi Green Objectives
RIYADH: The return of the EV Auto Show to Riyadh, which takes place from September 17 to 19, is expected to boost Saudi Arabia’s...
Madarik Program Prepares 1,000 for Expansion in the Space Industry
RIYADH: The Madarik program, which trained 1,000 participants with the goal of advancing Saudi Arabia’s space sector growth, has come...
In Iraq, the Former Stronghold of Daesh, Nightlife now Reigns
MOSUL, Iraq A few years ago, the group of Iraqi women out for a night on the town would have likely faced harsh punishment if they had...
Military Officials from Saudi Arabia and the US Debate Ways to Improve Cooperation
RIYADH: The US armed forces sent a delegation to Saudi Arabia’s Commander of the Joint Forces, Lieutenant General Fahad bin Hamad Al...
Saudi Arabia Introduces a Plan to Increase Foreign Investment and Market Transparency
RIYADH: The Capital Market Authority of Saudi Arabia has revealed a plan for 2024–2026 that aims to strengthen the country’s debt...
Oman’s Islamic Banking Assets Increase by 18%, in Line with General GCC Growth Patterns
RIYADH: The combined assets of Oman’s Islamic banks and windows increased by 18.1 percent from the same period in 2023, reaching...
August Sees a 1.6% Increase in Saudi Arabia’s Inflation Rate: GASTAT
RIYADH: According to official data, Saudi Arabia’s annual inflation rate increased to 1.6% in August from the previous month due to...
The AlUla Dates Festival Promotes Regional Farming
Riyadh: This week saw a great turnout of farmers and investors for the AlUla Dates Festival, which is organised by the Royal Commission for...
The Total Profit of Saudi Banks hits a record $2.1 Billion, while Loans Total $744.4 Billion
RIYADH: According to recently released data, the total profit of Saudi banks before zakat and tax hit an all-time high of SR7.83 billion...
