Shujaa al-Baqmi
Business SABIC Deal Pushes Saudi Shares to Record Level

SABIC Deal Pushes Saudi Shares to Record Level

Saudi Aramco's 70 percent purchase of Saudi Basic Industries Corp (SABIC) raised the weekly monetary value in the Saudi Stock Exchange to reach a historic…

Shujaa al-Baqmi (Riyadh)
Business Saudi Index Record a 158-Point Increase

Saudi Index Record a 158-Point Increase

The Saudi index recorded an increase of 158-point last week, a 2.24 percent, driven by the positive atmosphere and general optimism after authorities resumed…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stock Value Market Exceeds $2.13 Trillion

Saudi Stock Value Market Exceeds $2.13 Trillion

The market value of Saudi stocks exceeded $2.13 trillion dollars driven by 200 points increase in the market index, as a jump in oil prices and positive…

Shujaa al-Baqmi (Riyadh)
Business Saudi Aramco Holds First General Assembly after IPO

Saudi Aramco Holds First General Assembly after IPO

Saudi Aramco, the world’s top oil exporter, will hold its first general assembly Monday after its partial initial public offering (IPO) in the Saudi market. …

Shujaa al-Baqmi (Riyadh)
Business Saudi Companies Enter Countdown to Disclose Financial Results

Saudi Companies Enter Countdown to Disclose Financial Results

Saudi firms have started the countdown to announce their financial results for the final quarter of 2019. Traders of the Saudi stock exchange are…

Shujaa al-Baqmi (Riyadh)
Business SIDF Stimulates Small Businesses, Entrepreneurships

SIDF Stimulates Small Businesses, Entrepreneurships

The Saudi Industrial and Development Fund (SIDF) has been seeking to stimulate small and medium enterprises by financing projects in the manufacturing sector…

Shujaa al-Baqmi (Riyadh)
Business KSA: Group of Investors Briefed on 100 Privatization Opportunities

KSA: Group of Investors Briefed on 100 Privatization Opportunities

Saudi Arabia has hosted a huge banking and investment group in Riyadh, including 67 banks and financial companies that were briefed on up to 100 potential…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stocks: Predictions to Overcome Level of 8000 Points

Saudi Stocks: Predictions to Overcome Level of 8000 Points

The Saudi market starts the new week’s trading amid traders’ optimism that the index will be capable of reversing its negative track recorded over the past…

Shujaa al-Baqmi (Riyadh)