RIYADH: Egypt’s economy witnessed an uptick in ratings as S&P Global upgraded its outlook for the country to positive from stable.

RIYADH: Foreign investors can now officially be classified as Saudis under the Nitaqat Saudization program following the approval of the Ministry of Human Resources and Social Development.

RIYADH: Saudi Arabia’s Tadawul All Share Index edged up for the third consecutive day, as it gained 31.54 points to close at 12,804. 

RIYADH: Investors eyeing opportunities in Saudi Arabia’s mining sector stand to gain from a new incentive package totaling nearly SR685 million ($182 million) in financial facilitation.

RIYADH: Saudi Arabia’s Public Investment Fund has soared in an annual global ranking of sovereign wealth organizations, thanks to a 55 percent increase in assets under management.

DHAHRAN: Aramco President and CEO Amin H. Nasser today emphasized the need for a new, realistic pathway for the energy transition that includes oil and gas. In a keynote speech at CERAWeek 2024 in Houston, Texas, Nasser said the current transition strategy “is visibly failing on most fronts as it collides with five hard realities.”