Allied Cooperative Insurance Group (ACIG)received the go-ahead from the Capital Market Authority (CMA) to increase its ...

Mohammed Abul, CEO of Kuwait-based Abyat, stated that the company aims to go public in the Saudi market between 2027 and 2028 ...

Ten Tadawul-listed companies disclosed their 2024 financial results during Eid Al-Fitr holiday. The reporting season ended on March 31. Of these, four companies posted profit grow ...

Oil prices rose on Tuesday following threats from US President Donald Trump to impose secondary tariffs on Russian crude and ...

Gold prices hit an all-time high on Tuesday amid strong demand for safe havens driven by concerns that US retaliatory tariffs ...

The Local Content and Government Procurement Authority (LCGPA) added 116 products to the mandatory list of national products ...

The Ministry of Commerce approved the regulations of the Trade Names Law and the Commercial Register Law, according to Umm Al ...

Saudi Crown Prince Mohammed bin Salman directed the implementation of several measures to balance the real estate market in ...

The company attributed these losses to a decline in topline, due to the exclusion of a subsidiary’s revenue and lower demand for some of the company’s main crops. The company reported an impairment ...

The improved results were driven by the reversal of SAR 181 million of previously recognized impairment losses on property, plant, and equipment. The chemical producer reported a decrease in sales ...

The S&P 500 index rose 0.56% to 5,611 points, while the Nasdaq Composite lost 0.14% to close at 17,299 points. As for European markets, the STOXX Europe 600 dropped 1.51% to 533 points.

In Q4 2024, Red Sea swung to net losses of SAR 17 million from a net profit of SAR 4.6 million in Q4 2023. Total shareholders’ equity, after minority interest, fell to SAR 7.27 million as of Dec. 31, ...