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Saudi Exchange unveils new instrument to trade global shares locally

  Saudi Arabia has introduced a new financial instrument that gives investors in the Kingdom direct access to shares of foreign companies listed on global markets. The Saudi Exchange on July...

2025-07-08 09:50:40
Saudi Arabia’s construction output to hit $191bn in 2029: Knight Frank 

  Saudi Arabia’s construction output value is expected to reach $191 billion in 2029, representing a rise of 29.05 percent compared to 2024, according to an analysis. In its latest...

2025-07-08 09:50:37
Saudi Arabia’s National Development Fund secures $1.3bn in credit facilities to boost development projects

Saudi Arabia’s National Development Fund has secured SR5 billion ($1.3 billion) in credit facilities through two agreements with Al-Rajhi Bank and Arab National Bank. The deals are designed to enhance...

2025-07-08 09:50:35
Saudi Aramco raises August Arab light crude OSP for Asia

Saudi Aramco has raised its official selling price for its flagship Arab Light crude oil destined for Asia in August, the company confirmed in an official statement on Sunday. The...

2025-07-07 09:49:57
ACWA Power plans selective mergers to boost profits, secures $15.4bn in financing over 2 years

Saudi Arabia’s energy and water desalination giant ACWA Power has drawn investor attention regarding its expansion strategy, following the approval of its shareholders for a SR7.1 billion ($1.8 billion) rights...

2025-07-07 09:49:51