Business

PIF-backed SoftBank to sell Fortress to Mubadala: Bloomberg

Tue, 2022-09-06 19:24 RIYADH: SoftBank Group, backed by Saudi Arabia’s Public Investment Fund, is nearing a deal to sell Fortress…

4 years ago

Iraq hiked August oil output, missed southern export targets

Tue, 2022-09-06 19:02 LONDON: Iraq’s crude oil output was 67,000 barrels per day higher in August than July but exports…

4 years ago

UAE In-Focus — Dubai real-estate transactions exceed $653m on Monday

Tue, 2022-09-06 16:15 DUBAI: The number of real estate transactions made on Monday totaled over 2.4 billion dirhams ($653 million).…

4 years ago

Tabby expands to Egypt offering flexible payments

Mon, 2022-09-05 20:45 Tabby, the Middle East’s leading payments and shopping app, announced its launch in Egypt, enabling shoppers to…

4 years ago

Egypt sells short-term treasury bills at all-time high value of $3.2bn

Mon, 2022-09-05 16:28 RIYADH: The Central Bank of Egypt sold three-month treasury bills at an all-time high value, amounting to…

4 years ago

MENA Project Tracker — Metito consortium awarded $1bn sewage plant project in Qatar

RIYADH: The mining sector is expected to contribute over SR88 billion ($23.41 billion) to the Kingdom’s gross domestic product and…

4 years ago

TASI starts flat as recession fears persist: Opening bell

Mon, 2022-09-05 10:43 RIYADH: The Saudi stock market started flat on Monday as economic slowdown fears and shifting oil prices…

4 years ago

OPEC+ considering oil output cut of 100k bpd in latest meeting: Reuters

Mon, 2022-09-05 10:45 RIYADH: Oil output by the Organization of the Petroleum Exporting Countries and its allies could be cut…

4 years ago

Riyadh Cement’s profits plummet 47% on a dip in sales in H1

RIYADH: The mining sector is expected to contribute over SR88 billion ($23.41 billion) to the Kingdom’s gross domestic product and…

4 years ago

Here’s what you need to know before Tadawul trading on Monday

RIYADH: The mining sector is expected to contribute over SR88 billion ($23.41 billion) to the Kingdom’s gross domestic product and…

4 years ago