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...

US Oil Prices Remain a Major Concern for American Consumers as Iran War Enters Week Three

US oil prices remain a major concern for American consumers as the Iran war enters its third week, with another round of price increases...

$10 Billion to Washington: The Unprecedented Financial Toll of TikTok’s American Reinvention

The financial toll of TikTok’s reinvention as an American-owned platform is being paid primarily to the US government: $10 billion, committed by investors Oracle,...

Trillion-Dollar SpaceX Debut: Nasdaq Leads the Race

SpaceX is weighing a Nasdaq listing for an IPO that could be valued at an unprecedented $1.75 trillion. This would rank as the largest...

Oil Jumps as Iran Strikes Fuel Tanks in Bahrain and Tankers Near Iraq

Oil prices jumped Thursday after Iran struck fuel storage tanks in Bahrain and attacked oil tankers near Iraq’s export ports, adding new dimensions to...