Browsing: Saudi Arabia

RIYADH: Saudi Arabian Mining Co., also known as Ma’aden, has announced that it has completed the 10 percent acquisition of…

The decline was mainly driven by Food & Beverages, which fell to 0.7% m-o-m in March, said Al Rajhi Capital Research

RIYADH: Saudi Arabia’s real gross domestic product (GDP) decreased 1.8% year-on-year in the first quarter, flash estimates by the government’s statistical authority showed on Wednesday, as a decline in oil activities continued to hurt overall growth.

A joint statement from Arab and European foreign ministers highlighted critical priorities in addressing the ongoing conflict in Gaza, following a…

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward momentum for the second consecutive day, gaining 25 points to close at 12,394.91. 

RIYADH: Cashless payments in Saudi Arabia are expected to surge by 7.6 percent in 2024 to SR550 billion ($146.8 billion) as compared to SR511.5 billion the previous year, a report said.

RIYADH: Top hospitality brands signed deals at the Future Hospitality Summit in Riyadh to capitalize on the opportunities available in the Kingdom.

RIYADH: Saudi Arabian Mining Co. has entered into a share purchase and subscription agreement with the Mosaic Co. with the aim of expanding its phosphate business.  

RIYADH: Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects. 

The Crown Prince affirmed Saudi Arabia’s commitment to being a stabilizing force in the region, emphasizing that cohesion and cooperation with regional and global partners are essential for achieving security and prosperity