Abeer Hommadi

Abeer Hommadi
Business Saudi Capital Market Authority headquarters in Riyadh (Asharq Al-Awsat)

Saudi Market Seen Drawing Billions as Foreign Ownership Cap Nears Shift

Saudi Arabia’s stock market surged on Wednesday after reports that the Capital Market Authority (CMA) is close to approving a landmark change lifting the…

Abeer Hommadi (Riyadh)
Business Engineers at work at Petro Rabigh (Company page on X)

Petro Rabigh Unveils Bold Restructuring Plan to Address $1.9 Billion in Losses

Rabigh Refining and Petrochemical Co. (Petro Rabigh), Saudi Arabia’s largest refining and petrochemicals company, has launched a capital restructuring plan…

Abeer Hommadi (Riyadh)
Business Prince Faisal bin Bandar bin Sultan, President of the Saudi Esports Federation. (SPA) 

Savvy Commits Major Investments to Boost Gaming Industry in Saudi Arabia  

Saudi Arabia is placing the gaming and esports sector at the heart of its economic transformation, allocating billions of dollars to build the Kingdom into a…

Abeer Hommadi (Riyadh)
Business  Engineers at work at Saudi Aramco. (Saudi Aramco)

Saudi Aramco Maintains Generous Payouts Despite Global Headwinds

Saudi Aramco has maintained substantial dividend payouts to shareholders, affirming its commitment to rewarding investors even during turbulent times and…

Abeer Hommadi (Riyadh)
Business  Investors in the Dubai Financial Market (Reuters)

Strong Rebound in Gulf Financial Markets Following Ceasefire Announcement

Gulf financial markets recorded significant gains on Tuesday, driven by improved investor sentiment following the announcement of a ceasefire agreement between…

Abeer Hommadi (Riyadh)
Business Buildings are seen in Riyadh, Saudi Arabia, December 18, 2017. REUTERS/Faisal Al Nasser/ File Photo

Saudi Arabia Draws Silicon Valley with $21 Bn Investment Deals

Tech and investment heavyweights from Silicon Valley descended on the Saudi capital this week on a historic visit alongside US President Donald Trump, marking…

Abeer Hommadi (Riyadh)
Business Saudi Investment Minister addresses audience in opening remarks at the Saudi-US Investment Forum 2025 (Asharq Al-Awsat)

Saudi Arabia, US Unveil Plans to Deepen Economic and Strategic Ties

Saudi Arabia and the United States announced efforts to strengthen economic relations and expand their growing strategic alliance through private-sector-led…

Abeer Hommadi (Riyadh)
Business One of the Saudi Basic Industries Corporation (SABIC) plants... (SPA)

SABIC Expects Capital Expenditure of $4 Bn in 2025

Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals ($322.6 million) for…

Abeer Hommadi (Riyadh)