The growth attributed to increased market share in key operating regions.

The bank said the policy rate adjustments are consistent with its objectives of maintaining monetary stability.

The women were evacuated to the Saudi capital Riyadh, where they were met by US officials and received health checks.

The Saudi Ministry of Defense (MoD) announced the closing of 23 deals worth more than SR 13 billion ($3.46 billion) with local and international companies on Wednesday, the fourth day of World Defense Show 2022, the kingdom’s first defense show. The MoD signed five deals with the Saudi Arabian Military...

The Saudi manufacturer’s revenue rose 77 percent year-on-year.

Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important during his first interview to a non-Saudi publication in two years.

This regulation reportedly aims to improve the manner of the reporting of violations of the Capital Market Law and its implementing regulations.

Feras Bin Ghassab Al-Harbi has held several leadership positions.

The UN Security Council voted Monday to extend to all of Yemen's Houthi rebels an arms embargo that until now targeted only some leaders of the guerrilla group. Yemen has been embroiled since 2014 in a civil war between the Iran-backed Houthis and the internationally recognized government supported by a...

Saudi Exports Development Authority (SAUDI EXPORTS) today organized a commercial mission for over 30 Saudi senior manufacturers and exporters in the constructions and foodstuff sectors to Oman. The mission, which targets 70 Omani companies, follows the two countries’ signing of memorandum of understating worth $30 billion for cooperation in various...

The data was released on Thursday, February 10, by the country’s General Authority for Statistics (GASTAT).

RIYADH: Saudi Arabia’s biggest sovereign wealth fund, Public Investment Fund, has stakes of more than 5 percent in two Japan-listed gaming companies. Bloomberg said the combined holdings are worth around $1.2 billion in Capcom Co., the maker of the Street Fighter and Resident Evil franchises, and online games provider Nexon...

The fresh investments are said to be in line with Vision 2030, which aims to diversify the economy of Saudi Arabia, lessening its dependence on oil.

The renaming is seen as the assertion of a cultural element that expresses the Saudi identity and reflects the people's relation with coffee and the tradition of its preparation and serving.

Fitch Solutions has upgraded the Saudi Electricity Company's credit rating from A- to A with a stable outlook, an upgrade that matches the Kingdom of Saudi Arabia's sovereign credit rating. The international agency emphasized that the new classification was driven by the result of the improvement of the company's independent...

Saudi Arabia's Heritage Commission has signed a memorandum of understanding with King Abdulaziz Royal Reserve Development Authority (KARRDA) to enhance cooperation in the field of preserving and developing the national heritage. The signing ceremony took place at the headquarters of the Heritage Commission, represented by its CEO, Dr. Jasser bin...

Eleven people were killed in air strikes on Yemen's rebel-held capital, a witness and medical sources told AFP on Tuesday, as the Saudi-led coalition hit back after a deadly attack on Abu Dhabi.

Poland's state-owned refiner PKN Orlen announced Wednesday plans to sell oil assets to Saudi Aramco and Hungary's MOL in order to meet EU conditions for its merger with domestic rival Grupa Lotos. Saudi Aramco will buy a stake in Lotos's refinery and MOL will purchase several hundred Lotos petrol stations...

England defender Kieran Trippier became Newcastle's first signing under their new Saudi owners on Friday after completing his move from Atletico Madrid, with more arrivals expected in the January transfer window. The full-back has moved back to the Premier League for an undisclosed fee, understood to be in the region...

A Saudi-led military coalition threatened Tuesday to target Yemen's rebel-held ports after Huthi fighters seized a UAE-flagged ship -- unless the vessel is freed. On Monday, the pro-Iran Shiite Huthi rebels based in the key Red Sea port of Hodeida seized the Emirati-flagged Rwabee ship claiming it contained military materials....

Both will create an environment for the settlement of disputes.

Flights into the rebel-held capital Sanaa have been largely halted by a blockade since August 2016, but there have been exemptions for aid flights. However, Sanaa airport was closed for several days in December after the Saudi-led coalition pounded it with airstrikes.

King Salman said, ‘We hope (Iran) changes its policy and negative behavior in the region, and it heads towards dialogue and cooperation. We are following with great concern the Iranian regime's destabilizing policy to security and safety in the region.’

The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.

Saudi Arabi on Wednesday recorded its first case of Omicron variant infection, in a citizen its health ministry said had come from a North African country. Hours later, the UAE announced it too had detected the strain within its borders, in an ‘African woman arriving from an African country via...

Middle East markets were spared the November 26 bloodbath because they were closed on Friday and Saturday.

The company is part of the UAE-based Gulftrainer group.

The deals were signed at the Saudi Trade Finance Summit.

The company said losses due to IPO-related issues and payments.

Howe was confirmed as Newcastle's new manager on Monday, a month after a Saudi-led takeover at St James's Park.

Q3 net profit down 18 percent from the same period last year.

Three Saudi private companies will go public, offering around nine million shares in IPOs, according to the Saudi Exchange market (Tadawul).

The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is expected to grow by 5.1 percent next year.

Rebel leader Abdelmalek al-Huthi called for continued fighting, as tens of thousands of supporters marched in towns held by the insurgents. It came a day after the Huthis announced on Twitter that they had advanced on several fronts around Marib, including Abdiya, where the coalition says it is pounding the...

Gulf International Bank (GIB) said on Sunday that it has closed a $625 million sustainability-linked syndicated loan (SLL), making it the first Bahrain-headquartered bank and the first majority Saudi-owned bank to close such a facility. The bank said the deal was substantially oversubscribed with commitments exceeding the initial facility amount...

FedEx Express is a subsidiary of FedEx Corp.

Al-Rajhi Capital believes that Saudi oil revenues will touch $145.3 billion at the end of 2021, while total state revenues could go up to $246 billion. The assessment was made on the Saudi budget forecast released on Thursday.

The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi.

The floodlit circuit is expected to run over 6.175 km (3.8 miles), the second-longest on the calendar, and will feature 27 corners.

The company expects to raise more than $1 billion from the public offering, valuing the company at about $10 billion.

The global drop in oil prices, along with the pandemic and related issues, had dealt quite a blow to the Saudi economy.

In one of the largest real estate deals in Jeddah this year, the Saudi Oger Company's "Arjuwan Red Sea Project" land has been sold in a public auction for $357.2 million.

The period has been extended from August 23, 2021, to February 16, 2022, with violators looking at fines of around $1,3 million or imprisonment of up to 5 years, or both.

Better days for Saudi economy seem to be on the horizon as the kingdom’s budget deficit has narrowed sharply in the first six months of this year.

A consignment of two million illegal pills was seized by the Saudi authorities along the kingdom’s border with Jordan. The drugs were hidden in tomato paste jars.

Saudi Arabia and the United Arab Emirates have dismissed allegations they used Israeli-supplied Pegasus malware to spy on journalists and human rights activists.

Saudi Arabia on Wednesday barred its citizens from travelling to Indonesia due to the surge in Covid-19 cases there

The two will deal in Exchange products like cross listing & facilitate investors.

Oman’s ruler Sultan Haitham bin Tariq al-Said visited Saudi Arabia on Sunday on his first official overseas trip since assuming power last year.

Legal battle between MBS and Aljabri takes a new twist Washington is likely to consider a rare judicial intervention Two lawsuits pitting Crown Prince Mohammed bin Salman (MBS)  against former intelligence czar Saad Aljabri threaten to expose highly sensitive US government secrets, prompting Washington to consider a rare judicial intervention,...