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In "SAUDI ARABIA"
September 10, 2024
Saudi Arabia strongly condemns Israeli attack on Mawasi camp in Gaza
September 10, 2024
Minister Prince Badr honors winners of 4th Saudi National Cultural Awards
September 10, 2024
Al-Qasabi: E-commerce constitutes 8% of total trade in Saudi Arabia
Saudi Gazette report RIYADH — The Saudi Stock Exchange main index, Tadawul All Share Index (TASI) declined on Monday for the fourth consecutive session, by 19.40 points (0.16 percent) to 11,962.90 points, with a liquidity of SR5.7 billion ($1.5 billion).Saudi Aramco, the heaviest weight in the index, fell by 0.18 percent to SR27.25 with 9.7 million shares traded. Riyad Bank and Al-Awwal Bank shares fell by nearly 2 percent to SR25.35 and SR34.50 respectively.Exports was the biggest loser, losing nearly 10 percent to SR2.75, followed by Eastern Pipes by 4 percent to SR140. In contrast, Al-Rajhi Bank's share rose by 1 percent, recording SR87.90, and was the most active by value with more than SR400 million.The share of Asmak topped the most profitable companies, with an increase of...
September 09, 2024
Saudi Stock Market index declines for 4th consecutive session
Saudi Gazette report RIYADH — The 8th edition of the Future Investment Initiative (FII) will be held at the King Abdulaziz International Conference Center in Riyadh on October 29 - 31, 2024. The event, with the theme “Infinite Horizons: Investing Today, Shaping Tomorrow,” will be held under the patronage of Custodian of the Two Holy Mosques King Salman.FII8 is expected to draw 6,000 delegates, with 500 speakers addressing timely topics in more than 200 sessions. The FII deliberations would focus on how investment can drive a prosperous and sustainable future, expanding the limits of what is possible for humanity.Chief Executive Officer and board Member of the FII Institute Richard Attias emphasized the significance of the theme, saying: “Our theme, Infinite Horizons, points to the...
September 09, 2024
King Salman to patronize 8th Future Investment Initiative in Riyadh in October
Saudi Gazette reportRIYADH — Saudi Gazette reportRIYADH — Saudi Arabia's economic liquidity recorded a new peak with a growth rate of 9% on an annual basis to reach SR2,898,706 million by the end of the second quarter of 2024.The current level, with a growth of SR238,150 million, is the highest, compared to the same period in 2023, when it amounted to SR2,660,556 million. The liquidity levels reflect the money supply in its broad and comprehensive concept (M3), according to data provided by the monthly bulletin of the Saudi Central Bank for July 2024.Liquidity levels grew by 3% on a quarterly basis, with an increase of SR74.960 billion compared to the end of the first quarter, when it amounted to SR2,823,745 million.There was a growth of 5.5% since the beginning of the year, with...
September 09, 2024
Saudi liquidity reaches SR2.89tn by end of Q2
September 09, 2024
Saudi ministry unveils AI innovations in tourism sector during Global AI Summit
September 09, 2024
Imam Turki bin Abdullah Royal Reserve wins ADIHEX Award
September 09, 2024
Saudi FM meets Russian, Indian counterparts
September 09, 2024
GCC-India Joint Ministerial Meet discusses ways to bolster cooperation
