Shujaa al-Baqmi
Business Saudi Firms Announce Q4 2018 Results

Saudi Firms Announce Q4 2018 Results

The Tadawul All Share Index ended 0.2 percent higher Monday, closing at 8,402 points – a rise of 19 points amid trading value worth around SAR3.7 billion …

Shujaa al-Baqmi (Riyadh)
Business Saudi Govt. to Pay Private Sector its Dues in 60 Days

Saudi Govt. to Pay Private Sector its Dues in 60 Days

The Saudi Ministry of Finance confirmed that the government remains committed to paying all the contracts signed with the private sector within a period of 60…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stocks Record Best Closure in 6 Months

Saudi Stocks Record Best Closure in 6 Months

Saudi Arabia’s Tadawul All Share rose 0.9 percent on Tuesday and closed at 8,347 points, rising 77 points. This was the highest closure in around six months…

Shujaa al-Baqmi (Riyadh)
Business Saudi MODON, Techno for Advanced Materials Agree to Establish First CNTs Plant

Saudi MODON, Techno for Advanced Materials Agree to Establish First CNTs Plant

The Saudi Organization for Industrial Cities and Technology Zones (Modon) signed an agreement with a technology company for advanced materials to host the…

Shujaa al-Baqmi (Riyadh)
Business Huge International Demand for Saudi Government Bonds

Huge International Demand for Saudi Government Bonds

The Saudi Finance Ministry announced Thursday pricing its fourth international bond, attracting massive orders- three and a half folds its value. The…

Shujaa al-Baqmi (Riyadh)
Business 3 Firms Listed in Saudi Stock Market in 2018

3 Firms Listed in Saudi Stock Market in 2018

The year 2019 is forecast to witness the biggest listings in the local Saudi stock market after 2018 witnessed the listing of two firms in the primary market…

Shujaa al-Baqmi (Riyadh)
Business Saudi Shares to Achieve Strong Annual Gains

Saudi Shares to Achieve Strong Annual Gains

The Saudi stock exchange closed 2018 trading amid anticipated gains of more than 8 percent compared to its level at the beginning of the year. Compared to…

Shujaa al-Baqmi (Riyadh)
Business Saudi Arabia Starts First Privatization Program in ‘Rabigh 3’

Saudi Arabia Starts First Privatization Program in ‘Rabigh 3’

The Saudi Ministry of Environment, Water and Agriculture signed on Monday an agreement to implement the first privatization program in Saudi Arabia. The…

Shujaa al-Baqmi (Riyadh)