آخر الأخبار والتحليلات
تغطية شاملة لأسواق الفوركس، السلع، العملات الرقمية، والاقتصاد العالمي
CMA waives sukuk, bonds trading commission to develop market
The Saudi Capital Market Authority (CMA) has waived its share of trading commissions for sukuk and bonds starting May 2023 to boost market liquidity and attract investors. This move aligns with the CMA's strategy to stre...
Mr Mandoob plans direct listing on Nomu soon, holds 8% market share: Founder
Mr. Mandoob, a Saudi food delivery app, plans a direct listing on Nomu (Saudi Parallel Market) after securing 8% market share and 500% sales growth in 2022. Founder Hammoud Al-Ghosn criticized competitors for charging re...
NCLE Chairman says construction of education complexes to begin in Q3 2022/23
National Company for Learning and Education (NCLE) announced plans to start constructing three educational complexes in Q3 2022/23, funded by internal resources and bank facilities. The project is expected to conclude by...
eXtra gains higher market share despite challenges: CEO
eXtra, a leading Saudi electronics retailer, reported an 8% year-on-year sales growth and a 1.3% expansion in gross margins for Q1 2023, driven by stronger consumer finance and maintenance services. Despite lower consume...
eXtra distributes rewards to 5 senior execs, SAR 115 mln bonus shares
eXtra, a major Saudi electronics retailer, distributed SAR 20 million in cash bonuses and SAR 115 million in bonus shares to five senior executives in 2022. The shares, valued at SAR 45.7 million on distribution, were aw...
Theeb opens 2 new branches in Al Majmaah, Riyadh
Theeb Rent a Car Co. has opened two new branches in Al Majmaah and Riyadh governorates, expanding its total branch network in Saudi Arabia to 69 locations. The expansion aligns with the company's strategy to strengthen i...
Balsm Alofoq obtains license for dermatology in Qassim branch
Balsm Alofoq Medical Co. has received a license from Saudi Arabia's Ministry of Health to launch a dermatology department at its Qassim branch in Al-Nahda district, set to begin operations on March 1. The expansion align...
Saleh A. Al Rashed retail IPO 161% covered
Saleh Abdulaziz Al Rashed Sons Co. (SAR) completed its retail IPO with 161% oversubscription, attracting 38,316 investors who subscribed SAR 121.5 million worth of shares. The offering, priced at SAR 45 per share, highli...
Saudi Electricity EGM OKs rebranding to Saudi Energy
Saudi Electricity Co. shareholders approved renaming the company to Saudi Energy Co. during an extraordinary general meeting on February 25. The name change aligns with the company's expanded business scope, which now in...
Thimar shareholders agree to sell land on Al-Kharj Road
Thimar Development Holding Co. shareholders approved the sale of a 58,790-sq.m land plot on Riyadh's Al-Kharj Road to settle financial obligations and support its reorganization plan. The land, valued at SAR 35.76 millio...
Anmat receives SAR 29.6M purchase order from Saudi Electricity
Anmat Technology for Trading Co. received a SAR 29.6 million purchase order from Saudi Electricity Co. to supply high-efficiency mobile power generators. This contract strengthens Saudi Electricity's infrastructure and r...
Lucid: Saudi EV plant represents 10% of total facility area, mulls to add more buildings
Lucid Group's first international electric vehicle (EV) plant in Saudi Arabia's King Abdullah Economic City (KAEC) currently occupies 10% of the total facility area, with plans to expand by adding eight to ten buildings...
Polymer sector set to double output, exports: Deputy Minister
Saudi Arabia's polymer sector is set to triple production and quintuple exports by 2035, according to Deputy Minister for Industry Affairs Khalil Ibrahim bin Salamah. The growth strategy involves converting over four mil...
Johnson Matthey supports Saudi carbon neutrality goals with low-carbon solutions: Exec
Johnson Matthey's CEO of Catalyst Technologies, Maurits van Tol, highlighted the company's role in advancing Saudi Arabia's Vision 2030 and 2060 carbon neutrality goals through low-carbon hydrogen production and carbon c...
GACA eyes launching 2 new logistic zones: AlSulami
The General Authority of Civil Aviation (GACA) in Saudi Arabia is planning to launch two new private logistics zones at international airports, with one already operational at King Khalid International Airport in Riyadh....
SIDF approves 134 loans in 2023: Official
The Saudi Industrial Development Fund (SIDF) approved 134 loans in 2023, with total investments exceeding SAR 50 billion and disbursements nearing SAR 9.5 billion. The chemicals sector led with 49 loans and SAR 49.2 bill...
SAUDIA says domestic aviation sector robust; aims to increase seats
SAUDIA, Saudi Arabia's national carrier, reported a 75% year-on-year passenger growth and 40% increase in flights in Q1 2022, highlighting robust domestic aviation demand. The airline plans to expand destinations from 10...
Derayah owns 20% of D360 Bank, weighs retail banking services: CEO
Derayah Financial Co. owns nearly 20% of D360 Bank, a Saudi digital bank offering retail and corporate services. The company is exploring expanding into retail banking after securing regulatory approvals. CEO Mohammed Al...
UK: Labour setback in Gorton-Denton by-election – TD Securities
The UK Labour Party suffered a major political setback in the Gorton-Denton by-election, where Green Party candidate Hannah Spencer secured over 40% of the vote, relegating Labour to third place. This result highlights g...
US annual PPI inflation declines to 2.9% in January vs. 2.6% expected
The US Producer Price Index (PPI) annual inflation rate fell to 2.9% in January from 3% in December, according to the Bureau of Labor Statistics. While the reading exceeded expectations of 2.6%, it marks a slowdown in pr...