Business

Tadawul Index Rises 3.43% Amid Broad Market Gains in Saudi Arabia

Saudi Arabia’s stock market experienced a significant upswing on Monday, with the Tadawul All Share Index climbing 3.43%, or 323.28 points, to close at 9,761.78. The surge was backed...

Saudi Arabia and UAE Enhance Cooperation on Rail and Electricity Connectivity

Saudi Arabia and the United Arab Emirates have signed a Memorandum of Understanding (MoU) to enhance cooperation in...

Saudi Arabia Forecasts 2027 Budget Deficit at 3.6% of GDP

Saudi Arabia's Finance Ministry has projected a fiscal deficit of 3.6 percent of gross domestic product by 2027,...

EU-GCC Summit in Riyadh to Emphasize AI, Tech, and Clean Energy Investment

The EU-Gulf Cooperation Council (GCC) Summit, set to take place in Riyadh on October 24, aims to deepen...

Saudi Arabia Boosts Oil Exports to Asia Amid Supply Concerns

Saudi Arabia has sold nearly 100 million barrels of crude oil to Asian buyers since mid-September, addressing concerns...

Detour Cancelled: Von der Leyen Prioritizes Crisis Management

European lawmakers have formally halted the US trade agreement ratification process, challenging President Trump’s attempt to link tariff policy with his territorial ambitions for...

Silver Reaches $94 and Gold Touches $4,689 as Export Strategy Complications Compound Investment Uncertainty

Precious metal markets carved historic territory on Monday as both gold and silver achieved unprecedented price levels while businesses confronted dual challenges of investment...

Trump’s 10% Solution: Simple Fix or Economic Disaster?

Donald Trump is proposing a simple fix to a complex problem: a 10% cap on credit card interest rates. The policy, announced on Truth...

Oil Industry Offers Cautious Reaction to Trump’s Venezuela Announcement

President Trump’s proclamation that American oil companies will spend billions rebuilding Venezuela’s energy infrastructure has produced remarkably muted reactions from industry leaders. Despite Trump’s...

Global Oil Industry Struggles Through Third Year of Losses

The world’s energy markets have experienced their most severe annual performance since the coronavirus pandemic, with oil prices tumbling nearly 20% during 2025. The...

Trump’s Reassurances and Threats Create Volatile Week for Oil Markets

Global oil prices saw an extraordinary 24-hour cycle, dropping sharply after Donald Trump reassured markets while simultaneously warning of future strikes. After Brent crude...