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

Riyadh: Flash estimates released today by the General Authority for Statistics (GASTAT) showed real Gross Domestic Product (GDP) of Saudi Arabia increased by 3.9% in Q2 of 2025 compared to Q2 of 2024. Non-oil activities recorded the highest growth at 4.7%, followed by oil activities at 3.8% and government activities

Cairo: Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC) and member of the Islamic Development Bank (IsDB) Group Eng. Adeeb Al Aama met yesterday with Egypt’s Planning, Economic Development and International Cooperation Minister Dr. Rania Al-Mashat during his visit to Egypt. The meeting focused on prospects for

Riyadh: CEO of the International Islamic Trade Finance Corporation (ITFC) and member of the Islamic Development Bank (IsDB) Group Eng. Adeeb Al Aama met yesterday with Egyptian Minister of Supply and Internal Trade Dr. Sherif Farouk, in El-Alamein City, as part of ongoing efforts to support food security and strengthen