Shujaa al-Baqmi
Business Highest Spending Budget Recorded in 2018 As Vision 2030 Vitalizes Saudi Economy

Highest Spending Budget Recorded in 2018 As Vision 2030 Vitalizes Saudi Economy

Saudi Arabia’s Vision 2030 has pushed the national economy to employ its strengths by creating new opportunities that will diversify economic wealth and…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stock Market Liquidity Rises 17.9% per Week

Saudi Stock Market Liquidity Rises 17.9% per Week

The Saudi stock exchange has made a positive weekly performance in which it managed to accomplish around 177 points of profit, amid a remarkable progress in…

Shujaa al-Baqmi (Riyadh)
Business Saudi's Public Investment Fund Takes $11 Bln in its First Loan

Saudi's Public Investment Fund Takes $11 Bln in its First Loan

Saudi Arabia's sovereign wealth fund says it has taken its first loan, a $11 billion borrowing from global banks as it tries to expand its investments. The…

Shujaa al-Baqmi (Riyadh)
Business Qatar: Rise of Foreign, Domestic Debts

Qatar: Rise of Foreign, Domestic Debts

The Qatari economy continues to face aggravated foreign and domestic debts -- there are several indicators showing that Doha’s economy is facing huge…

Shujaa al-Baqmi (Riyadh)
Business Saudi: Volume of Cargo Handling at Jizan Port Jumps by 24%

Saudi: Volume of Cargo Handling at Jizan Port Jumps by 24%

The total number of transshipment containers in Saudi ports have increased by more than 19 percent during H1 of this year. Meanwhile, recent data revealed…

Shujaa al-Baqmi (Riyadh)
Business Saudi Monetary Authority Launches Cyber-Security Training Program

Saudi Monetary Authority Launches Cyber-Security Training Program

Saudi Arabian Monetary Authority (SAMA) announced the launch of the second version of its cyber-security training program. The program, dubbed Secure 18, is…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stock Market Value Settles at USD 482.6bn

Saudi Stock Market Value Settles at USD 482.6bn

The market value of Saudi shares settled at SAR1.81 trillion (USD482.6 billion), with the local market preparing to list and trade shares of Leejam Sports…

Shujaa al-Baqmi (Riyadh)
Business Saudi Banks Capital, Reserves Jump 6.3% in 2017

Saudi Banks Capital, Reserves Jump 6.3% in 2017

The 54th SAMA Annual Report has proven the stability of the financial sector in Saudi Arabia, marking a 6.3 percent growth in the local banks' capitals and…

Shujaa al-Baqmi (Riyadh)