Riyadh: The Saudi Stock Exchange Main Index ended trading higher today, gaining 24.89 points to close at 10,946.74. The total value of traded shares amounted to SAR4.7 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (Nomu) closed lower, losing 143.18 points to end at 26,709.64. The total

Riyadh: GCC Secretary-General Jasem Albudaiwi today received International Energy Forum Secretary-General Jassim Alshirawi. The meeting focused on reviewing the activities and events organized by the IEF and exploring ways to enhance cooperation and coordination between the GCC and the IEF in the energy sector. According to Saudi Press Agency, Albudaiwi

Riyadh: The Ministry of Finance has welcomed the recent report from the International Monetary Fund (IMF) following its 2025 Article IV Consultation with the Kingdom, which highlighted Saudi Arabia’s strong resilience to external economic shocks and challenges. It also noted the continued expansion of non-oil economic activities, the successful containment

Riyadh: The Saudi Stock Exchange Main Index finished trading on a positive note, rising by 6.35 points to settle at 10,839.45. The trading session witnessed a total share value of SAR4.9 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (NOMU) also experienced an upward trend, increasing by

Riyadh: The Federation of Saudi Chambers of Commerce, with approval from the General Authority of Foreign Trade, today formed the new Saudi-Australian Business Council for the 1447-1451 AH session. Dr. Jaber Al-Fahhad has been elected its chairman. According to Saudi Press Agency, the council’s formation aligns with the goals of

Riyadh: Afaq Capital, licensed by the Capital Market Authority, has acquired a venture capital portfolio in a deal structured and completed with Cotyledon for Management Consultancy. This transaction marks the region’s first full exit of a venture capital portfolio and represents a pivotal step in developing the local and regional