Shujaa al-Baqmi
Business Saudi Stocks Trading Resumes Amid Global Rise of Oil Prices

Saudi Stocks Trading Resumes Amid Global Rise of Oil Prices

The Saudi stock exchange resumes Sunday, following Eid al-Fitr. This comes amid a significant rise in oil prices, with the closing of last week's trading,…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stock Market Sees Banking, Telecom Profits Soar in Q1

Saudi Stock Market Sees Banking, Telecom Profits Soar in Q1

Saudi Arabia’s stock market led a balanced performance over the last week, maintaining 8500 pts and a market value over two trillion Saudi riyals ($533.3…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stock Gains Exceed 10% Since Beginning of 2019

Saudi Stock Gains Exceed 10% Since Beginning of 2019

The gains achieved by the Saudi stock exchange market have amounted to more than 10 percent since the beginning of 2019. Meanwhile, the market’s performance…

Shujaa al-Baqmi (Riyadh)
Business Global Rating Agencies Expect Greater Growth for Saudi Economy

Global Rating Agencies Expect Greater Growth for Saudi Economy

Global rating agencies have expected a greater growth for the Saudi economy. Fitch and Moody's have affirmed Saudi Arabia's credit rating at A+ and A1…

Shujaa al-Baqmi (Riyadh)
Business Saudi Arabia: Market Value Jumps to $576 Bn

Saudi Arabia: Market Value Jumps to $576 Bn

Saudi stock market index continued its positive gains for the seventh week in a row recording its best weekly closing price in almost four years, meanwhile,…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stock Exchange Gains Jump 17.5% Since Beginning of 2019

Saudi Stock Exchange Gains Jump 17.5% Since Beginning of 2019

Saudi stock exchange gains jumped 17.5 percent since the beginning of the year, making it one of the world's most profitable stock markets in the first months…

Shujaa al-Baqmi (Riyadh)
Business SABIC Profits Exceed 16%

SABIC Profits Exceed 16%

Saudi Basic Industries Corp. (SABIC) announced Sunday that its full-year profit rose about 16.87 percent to $5.7 billion. Speaking at the press conference…

Shujaa al-Baqmi (Riyadh)
Business Riyadh

Saudi Companies See Profit Growth

Around 16 Saudi firms listed in the local capital market have announced the fiscal results of Q4 2018. The results showed a growth exceeding 5.7 percent,…

Shujaa al-Baqmi (Riyadh)