Applications for US unemployment benefits rose by 3,000 to 221,000 in the week ended Nov. 2. This came contrary to ...

The US wholesale inventories fell in September, after rising 0.2% the previous month, recording its first monthly decline since March. The final ...

US natural gas inventories rose by 69 billion cubic feet (bcf) in the week ended Nov. 1, slightly above the anticipated 64-bcf rise. This is co ...

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

Production of grain crops in the Kingdom amounted to 1.75 million tons in 2023, the General Authority for Statistics revealed ...

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

Mulkia Investment Co. announced that Mulkia Al Anwar Real Estate Fund, a private closed real estate fund with a total ...

Scientific and Medical Equipment House Co. (Equipment House) reported a 9.5% profit fall in the first nine months of 2024 to SAR 34.5 million from SAR 31.5 million a year earlier.

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 ...

Al-Babtain Power and Telecommunication Co. 's board of directors, in a meeting today, Nov. 7, recommended the distribution of cash dividends at SAR 0.5 per share, or 5% of capital, for the first half ...

Kingdom Holding Co. (KHC) reported a net profit rise of 36.4% to SAR 1.16 billion in the first nine months of 2024, from SAR 856.2 million in a year-earlier period. The third-quarter net income ...

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 ...