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Stocks and Markets
Saudi Arabia’s Industrial Production Index rose 1.6 percent in July, compared to the same month last year, driven by a surge in manufacturing activity
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Tuesday, losing 266.84 points, or 2.18 percent, to close at 11,985.97.
RIYADH: New mining companies helped drive a 12.1 percent annual increase in commercial registrations in Madinah in the fourth quarter of 2023, according to official data.
RIYADH: The global merger and acquisition market witnessed a 15 percent drop year-on-year to $3.2 trillion in 2023, marking its lowest level in a decade, according to recent findings.
The IMF forecast global growth of 3.1 percent in 2024, up two-tenths of a percentage point from its October forecast
SINGAPORE: Oil prices gained on Tuesday following a more than 1 percent drop the previous session as escalating geopolitical tensions in major producing region the Middle East fueled supply concerns, according to Reuters.
The price of export crude is expected at $82 per barrel
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