Category: Finance

World Quality Day Forum 2026 Set for November 12

Riyadh:The Saudi Standards, Metrology and Quality Organization (SASO), in collaboration with the Saudi Society for Quality, is organizing the World Quality Day Forum 2026. The event will be conducted remotely on Thursday, November 12, coinciding with …

Saudi Exchange Main Index Declines as Parallel Market Index Rises

Riyadh:The Saudi Exchange’s main index, known as TASI, ended the trading session on Sunday with a decline, closing down by 78.50 points at 10,016.92. The total trading value amounted to SAR 2.7 billion, with 181 million shares being exchanged.

Accor…

Oil Prices Plunge Over 7% in Monday’s Trading

New York:Oil prices fell more than 7% at settlement on Monday. Brent crude futures settled $8.66, or 7.63%, lower at $104.77 a barrel. US West Texas Intermediate (WTI) crude fell $7.66, or 7.36%, to $96.46 a barrel.

According to Saudi Press Agency, …

Makkah Hosts 12-Day Home and Family Exhibition at Chamber Center

Makkah:The home and family exhibition has commenced at the Makkah Chamber Exhibitions and Events Center and is set to continue for 12 days. The event is designed to boost economic and commercial activity in Makkah, offering businesses a stage to prese…

PIF and Aramco Finalize HUMAIN Transaction to Boost AI Growth

Riyadh:The Public Investment Fund (PIF) and Aramco have announced the completion of a transaction through which Aramco, via a wholly owned subsidiary, has acquired a 49% stake in HUMAIN. PIF retains a 51% ownership in the company.

According to Saudi…