Riyadh: The Saudi Stock Exchange Main Index ended trading lower today, losing 48.34 points to close at 10,619.10. The total value of traded shares amounted to SAR3.3 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (Nomu) closed higher, gaining 30.65 points to settle at 25,673.03, with a
Riyadh: The E-Commerce Council, in collaboration with Incomedia, an Italian company known for its expertise in website design and creation software, has launched a significant initiative aimed at empowering micro and small businesses in Saudi Arabia by providing them with 650 free online stores. According to Saudi Press Agency, the
Riyadh: The National Debt Management Center (NDMC) has issued its first international trust certificates (sukuk) based on an ijarah structure, raising $5.5 billion (SAR20.63 billion). The issuance was divided into two tranches: a five-year sukuk maturing in 2030 valued at $2.25 billion (SAR8.44 billion) and a 10-year sukuk maturing in
Riyadh: The Kingdom of Saudi Arabia, represented by the Communications, Space and Technology Commission, presented during the Global Symposium for Regulators (GSR25) the results of a pioneering study reflecting its international commitment to bridging the digital gap and extending technological bridges that help connect communities worldwide, especially populations without internet
Riyadh: A panel session titled ‘Space-Up Competition,’ held today as part of the exhibition accompanying the Global Symposium for Regulators (GSR25) hosted by the Communications, Space and Technology Commission in Riyadh, highlighted the competition’s contribution to developing advanced solutions to address challenges facing vital sectors through the use of space
Madinah: The National Energy Services Company (Tarshid) and Taibah University in Madinah have launched the solar panels installation project in the university’s buildings and facilities. Through this initiative, Tarshid aims to increase energy efficiency and reduce consumption by producing solar energy for self-consumption across all buildings and facilities in line