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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
The Forum sought to expand the two nations’ trade and commercial relations in high-growth sectors such as energy, ICT, logistics and manufacturing
RIYADH: Saudi Arabia has started selling its triple-tranche benchmark-sized Islamic bonds, or sukuk, with tenors of 3, 6 and 10 years, fixed-income news service IFR reported on Tuesday.
Russia’s grain harvest is not expected to exceed 130 million metric tons in 2024 due to the freezing temperatures recorded in the country earlier this month, the head of the Russian Grain Union (RGU), Arkady Zlochevsky, has said.
RIYADH: Saudi Arabia’s top 10 listed banks saw their earnings surge by 8 percent in the first quarter of 2024, reaching SR18.65 billion ($5 billion) compared to the corresponding period of the previous year.
The Russian ruble continued to strengthen against major currencies on Monday, jumping to its highest level against the dollar since late January, trading data from the Moscow Exchange (MOEX) shows.
The report also showed that 82.32% of these new companies were set up in Cairo, Giza, Alexandria, Sharqiya, and Qalubiya
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