Shares in the Tadawul, the Saudi stock market, surged 2% on Tuesday with much of the gains happening before the session closed as MSCI Inc. prepares to include the Kingdom into its developing country benchmark, according to a report in Bloomberg.
The Tadawul All Share Index rose 2% on the day, after fluctuating throughout the session, with banks contributing the most to the increase. The Tadawul...
ProTenders’ data suggests that infrastructure is the largest contributor to the construction sector, with 1,821 active projects worth $522.4bn (SAR1.9tn). Urban construction is the second-largest...
Uber on Monday announced the appointment of Mohammad Bakr Gazzaz as it new general manager for Saudi Arabia.
Tasked with leading the next phase of growth...
Saudi Arabia has fought against extremism with “determination and decisiveness,” King Salman told a Muslim World League (MWL) conference on Monday.
In an address to the...
The public decency laws are yet to be enforced, a Ministry of Interior official said on Monday morning, according to SPA’s Twitter account.
Last month, Saudi...
Prince Sattam bin Abdulaziz University (PSAU) – which includes Colleges of Medicine, Pharmacy, and Applied Medical Sciences – has signed a Memorandum of Understanding (MoU)...
Saudi Arabia-based home disposables manufacturer Napco National is planning a potential public share sale and has hired the investment banking arm of Banque Saudi Fransi...
Two Saudi climbers ascended Mount Everest, the world’s highest plateau, and hoisted the national flag of Saudi Arabia on its summit, reported the Saudi Press...
Trump has often delivered conflicting messages on foreign policy, veering from sharp criticism to diplomacy, frequently leaving allies and adversaries alike unsure about where he...
Hybrid warfare (often blended with and debated as irregular, asymmetric, or unconventional warfare by security professionals) differs from conventional warfare in multiple aspects....
Lebanon's government Monday approved a long-awaited austerity budget aimed at rescuing an economy crumbling under massive debt and unlocking billions in international aid, Finance Minister...
Bloomberg
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Netty Idayu Ismail and Filipe Pacheco |
5.28.2019
The desert states of the Gulf are proving to be fertile ground for bond investors.
Yield-hungry global funds are plowing into regional bonds at the expense...
Overseas visitors would account for almost 71% percent of the total expected for the event in Dubai, already a popular destination which lured a record...
Reuters
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Nyera Abdallah and Aidan Lewis |
5.28.2019
The head of Sudan’s military council met Abu Dhabi’s crown prince on Sunday, who expressed the United Arab Emirates’ support for Sudan as it navigates...
Indian Prime Minister Narendra Modi won a second term with a muscular response to a suicide attack on Indian paramilitary forces in troubled Kashmir that...