Browsing: markets

Russia’s energy revenue saw a massive increase in the first four months of the year, mainly due to rising oil prices, the Finance Ministry has revealed.

Month-on-month, prices rose by 1.1% in March, up from 1.0% in February. Food prices declined in March by 0.9%, though they were 40.5% higher than a year ago

RIYADH — The liquidity of Saudi economy continued robust growth reaching its peak at the end of March 2024, at the level of SR2,823,745 million.

RIYADH: Saudi-based fintech Rasan Information Technology Co. is set to offer 22.74 million shares for an initial public offering on the Kingdom’s main market.

The report expected the country’s reserves to rise further by $2.60 billion in FY25/26 Egypt’s international reserves are expected to…

The revision reflects reduced external risks for Egypt. Fitch cited the recent investment deal with the United Arab Emirates (UAE)

Doha, Qatar: The Planning and Statistics Authority (PSA) have released the preliminary estimates of gross domestic product (GDP) at current and constant prices (2018=100) for the third quarter (Q3) of 2023. The estimates have been produced with data collected through the Quarterly Economic Indicator Survey and from other source agencies.

MOSCOW, May 3. /TASS/. The price of futures contracts of Brent crude oil for July delivery has dropped below $83 per barrel on London’s ICE for the first time since March 13, according to trading data.

RIYADH: Startups in Saudi Arabia saw massive growth during the last decade raking in $3.3 billion in venture capital funding, according to a report issued by MAGNiTT.

RIYADH: The materials sector led trading on Saudi Arabia’s Tadawul All Share Index, accounting for approximately SR87 billion ($23.2 billion) or 15.11 percent of the market, according to TASI’s 2024 first-quarter report.