The Royal Commission for Riyadh City (RCRC) lifted restrictions on the sale, purchase, subdivision, and fragmentation of ...

The Saudi Exchange (Tadawul) has 19 listed real estate investment funds (REITs). Some funds announced cash dividends for 2023 ...

Demand for cement in Saudi Arabia will likely grow between 4% and 8% by 2025, Shoeil Al-Ayed, CEO of Riyadh Cement Co., told ...

The official deadline for 9M 2024 earnings disclosures will end on Nov. 11.

This was due to a slight decline in sales, higher cost of sales, and the elevated selling, marketing, administrative, and general expenses. The company also cited an increase in financing costs and an ...

The S&P 500 index leapt 0.75%, or 44 points, to 5,973 points, its highest ever level. Further, Nasdaq soared 1.5%, or 285 points. As for European markets, the STOXX Europe 600 inched up 0.6% to 509.9 ...

In Q3 2024, Takween’s losses shrank by 41.7% to SAR 17.66 from SAR 30.31 million in Q3 2023 due to a reduction in the cost of revenues relative to revenue levels, lower administrative and general ...

Lumi Rental Co. expects to continue recording strong growth rates across all business segments during the fourth quarter of ...

The Saudi Power Procurement Company (SPPC) has announced the winning bidders for the Rumah -1, Rumah -2, Al-Nairyah -1, and ...

The Federal Reserve announced today, Nov. 7, its second interest rate cut of 2024, trimming its benchmark rate by 0.25 ...

The Council of Economic and Development Affairs (CEDA) discussed the monthly update on local and global economic developments ...

The Saudi Central Bank (SAMA) reduced today, Nov. 7, its reversereporateby25basis points (bps) to 500bps from 475 bps.