Business

Oil Updates — Crude climbs ahead of OPEC+ meeting; Germany to use windfall tax income to reduce energy prices

Mon, 2022-09-05 09:38 RIYADH: Oil prices jumped over $1 a barrel on Monday, extending gains as investors eyed possible moves…

4 years ago

TASI ends in green as investors assess oil price shifts: Closing bell

Sun, 2022-09-04 16:08 RIYADH: The Saudi stock market ended the first trading session of the week in positive territory, as…

4 years ago

Saudi Arabia’s 5G experience among the best in GCC, says report

RIYADH: Saudi Arabia’s push to develop 5G infrastructure is helping it score higher in the Gulf Cooperation Council region in…

4 years ago

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

Sun, 2022-09-04 09:52 RIYADH: Saudi stocks slid last week in line with most Gulf peers, threatened by fears over a…

4 years ago

Oil Updates — Crude climbs; Pyrenees pipeline not a priority for France; Indonesia hikes fuel prices

Sun, 2022-09-04 09:05 RIYADH: Oil prices rose on Friday on expectations that the Organization of the Petroleum Exporting Countries and…

4 years ago

A cap on Russian oil prices? G7 eyes untried, risky plan

Sun, 2022-09-04 03:43 NEW YORK: Capping the price of Russian oil, an approach G7 members said Friday they want to…

4 years ago

Foodics to dish out microlending products, plans to go public soon

Sun, 2022-09-04 01:03 CAIRO: Foodics, one of Saudi Arabia’s leading restaurant management startups, is planning its initial public offering in the…

4 years ago

Saudi investment funds see largest fall in 16 years

Sun, 2022-09-04 00:04 The total assets of Saudi Arabia’s investment funds dropped by SR23.2 billion ($6.2 billion) in the second…

4 years ago

KSA’s plastic product imports rise 18 percent

Sat, 2022-09-03 23:39 RIYADH: Saudi Arabia’s import of plastic products increased 18 percent to 456,000 tons in the second quarter of…

4 years ago

Ma’aden eyes 10 times earning growth by 2040: CEO

Fri, 2022-09-02 22:33 RIYADH: According to its CEO Robert Wilt, Saudi mining firm Ma’aden aims to grow its earnings before interest…

4 years ago