Shujaa al-Baqmi
Business Foreign Investor Shares in Saudi Stock Market Settle Above 5%

Foreign Investor Shares in Saudi Stock Market Settle Above 5%

The shares of foreign investors in the Saudi stock market reached 5.06 percent end of August, exceeding five percent for the second month in a row. The…

Shujaa al-Baqmi (Riyadh)
Business Dairy Firms Consider Merging in Saudi Arabia

Dairy Firms Consider Merging in Saudi Arabia

A number of small and medium dairy product companies in Saudi Arabia are considering merging. According to Asharq Al-Awsat, the small and medium dairy firms…

Shujaa al-Baqmi (Riyadh)
Business MoU to Empower Saudi Women in the Industrial Sector

MoU to Empower Saudi Women in the Industrial Sector

The Saudi Industrial Property Authority (MODON) signed a memorandum of understanding (MoU) with the Women and Children Social Commission to boost cooperation,…

Shujaa al-Baqmi (Riyadh)
Business Profits of Industrial Investment Companies Jump 57% in Saudi Arabia

Profits of Industrial Investment Companies Jump 57% in Saudi Arabia

Industrial investment companies, whose shares are listed in the Saudi exchange market, achieved a remarkable leap on the level of profits during the first half…

Shujaa al-Baqmi (Riyadh)
Business Saudi ‘Mawani’… Destination of Global Navigation Routes

Saudi ‘Mawani’… Destination of Global Navigation Routes

The total number of transshipment containers in Saudi ports have increased by more than 19 percent in the first half of 2018. This new indicator confirms…

Shujaa al-Baqmi (Riyadh)
Business STC's Financial Results Improve in H1 2018

STC's Financial Results Improve in H1 2018

Saudi Telecoms achieved positive growth in their announced results for the first half of 2018, with an improvement of 3.33 percent compared to the same period…

Shujaa al-Baqmi (Riyadh)
Business 100 Saudi Firms Listed in the Local Market See 2.46% Profit Increase

100 Saudi Firms Listed in the Local Market See 2.46% Profit Increase

Total profit of 100 Saudi firms listed in the local market saw a rise of 2.46 percent compared to the same period of 2017, amounting to $14.5 billion,…

Shujaa al-Baqmi (Riyadh)
Business SRC, Dar Al Tamleek Ink New Agreement for Housing Funds

SRC, Dar Al Tamleek Ink New Agreement for Housing Funds

Meeting a growing demand for Saudi housing funds, the Saudi Real Estate Refinance Company (SRC) signed a SAR 1.2 billion (approximately $ 320 million) deal…

Shujaa al-Baqmi (Riyadh)