Mohammed al-Mutairi

Mohammed al-Mutairi
Business Saudi banks register high profitability in the third quarter of 2023. (SPA)

Deposits, Loans Raise Saudi Banks’ Profits in 3rd Quarter

Saudi banks achieved SAR 18 billion ($4.8 billion) in profits at the end of the third quarter of 2023 - the highest quarterly profits in their history - due to…

Mohammed al-Mutairi (Riyadh)
Business Traders in one of the Saudi stock exchange halls (SPA)

Anticipated Surge in Saudi Corporate Profits

The anticipated rise in profits of companies listed on the Saudi financial market in the banking, communications, and healthcare sectors during Q3 of 2023 can…

Mohammed al-Mutairi (Riyadh)
Business An aerial view of the Saudi capital, Riyadh (Reuters)

Saudi Real Estate Market Deals Confirm Solidity despite Surrounding Factors

The Saudi real estate market recorded deals worth more than 214 billion riyals ($57 billion) during the first nine months of this year, according to real…

Mohammed al-Mutairi (Riyadh)
Business First day of G20 summit meeting in New Delhi (API)

Eastern, Northern 'Green Corridors' to Connect India with Gulf, Europe

Economists said the Green Corridors project will link India, the Middle East, and Europe, boost economic relations, increase efficiency, ease trade exchange,…

Mohammed al-Mutairi (Riyadh)
Business During the presentation of hydrogen investment opportunities in Oman. (Asharq Al-Awsat)

Hydrogen Oman Seeks Saudi Private Sector Participation in Energy Projects

Eng Abdulaziz Al Shidhani, the General Manager of Hydrogen Oman, said that the company aims to invest in roughly 30 percent of the lands allocated by Oman for…

Mohammed al-Mutairi (Riyadh)
Business The Saudi Minister of Justice speaks during the inauguration ceremony of the Real Estate Stock Exchange platform last week. (Asharq Al-Awsat)

Real Estate Exchange Figures Reflect Size of Saudi Market

During the first week of its launch, the Real Estate Exchange, which is affiliated with the Saudi Ministry of Justice, witnessed the trading of about 61…

Mohammed al-Mutairi (Riyadh)