Saudi Arabia boasts over ten companies eagerly awaiting to embark on initial public offerings (IPO) on its stock exchange, with over 50 firms vying for listings, signalling a sustained surge in IPO activity within the kingdom, Mohammed Al-Rumaih, (...)
Saudi Arabian staffing company SMASCO announced plans for an initial public offering (IPO) on the Riyadh Stock Exchange, aiming to raise up to 900 million riyals ($239.99 million), Reuters reported on Wednesday.
The company has set an indicative (...)
Oil partially recovered from its recent drop after a sharp decline on Wednesday driven by a significant increase in US crude inventories, raising concerns about weakening demand, Bloomberg reported.
In July, Brent traded below $84 per barrel (...)
شهدت سماء السعودية ظاهرة غريبة بظهور سحابة مٌحملة بشحنات كهربائية هائلة في سماء محافظة الزلفي بالرياض، وتداول رواد موقع التدوينات الصغيرة على منصة «إكس»، مقطع فيديو للظاهرة.
رئيس جمعية الطقس: السحابة تولد طاقة كهربائية عظمى
وأوضح نائب رئيس جمعية (...)
Finance Minister Mohamed Maait has expressed Egypt's intention to tap into the expertise and capabilities of the international firm Morgan Stanley. The focus is on bolstering collaboration in protection strategies against fluctuations in commodity (...)
Egypt's economic and financial performance is showing positive developments, with expectations to surpass targets by next June, as announced by Finance Minister Mohamed Maait on Tuesday.
This improvement is largely due to the Ras El Hekma (...)
Uganda has recently inked a deal with the Islamic Development Bank (IDB) of Saudi Arabia, securing a $295 million loan aimed at supporting road construction and various developmental initiatives, Reuters reported on Tuesday citing the country's (...)
A rare joint economic commission between the United Arab Emirates and Iran will convene in Abu Dhabi from Tuesday to Wednesday, according to Reuters citing The Iranian Labour News Agency. This marks the first meeting in a decade for the bilateral (...)
Rania Al-Mashat, Egypt's Minister of International Cooperation, actively participated in the World Economic Forum's (WEF) special meeting held in Riyadh, Saudi Arabia, under the theme "Global Collaboration, Growth, and Energy for Development."
As a (...)
Egypt's Finance Minister Mohamed Maait emphasized the need for innovative, non-traditional, and low-cost development financing tools that are tailored to the specific needs of low- and middle-income countries.
He stressed the importance of (...)
Egypt is making significant strides to boost private sector partnerships, aiming for them to constitute 70 per cent of the national economy and become the primary driver of economic growth, Egyptian Minister of Finance Mohamed Maait stated on (...)
Egypt's Minister of International Cooperation, Rania Al-Mashat, has arrived in Riyadh, Saudi Arabia, to attend a special meeting of the World Economic Forum (WEF) on April 28 and 29.
Themed "Global Collaboration, Growth and Energy for Development," (...)
Egyptian Prime Minister Mostafa Madbouly is set to depart for Riyadh, Saudi Arabia, on Saturday evening to represent President Abdel Fattah Al-Sisi at the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for (...)
Egyptian Foreign Minister Sameh Shoukry and Josep Borrell, the European Union's High Representative for Foreign Affairs and Security Policy, convened on Sunday to address the pressing Gaza crisis.
This came on the sidelines of the World Economic (...)
Egypt's Minister of Planning and Economic Development, Hala El Said, showcased the North African nation's economic progress, and commitment to maintaining a market-oriented and open economy during the World Economic Forum's Special Meeting on Global (...)
International Monetary Fund (IMF) Managing Director Kristalina Georgieva reaffirmed the IMF's backing for Egypt's structural reform measures. She commended the steps taken by the Egyptian government, highlighting their positive impact on the (...)
The Islamic Development Bank (IsDB) Institute will hold the 18th edition of its Global Forum on Islamic Finance on April 28, 2024, in Riyadh, Saudi Arabia. The forum coincides with the IsDB Group Annual Meetings and Golden Jubilee Celebration.
This (...)
Saudi Arabia's Cabinet approved on Tuesday an agreement to set up a regional office for the International Monetary Fund (IMF) in the capital, Riyadh, Saudi state news agency SPA reported. The office is expected to further strengthen the IMF (...)
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) is in preliminary discussions to buy the national airline, Saudia. This is part of a broader strategy to invest heavily in transforming Saudi Arabia into a major tourist (...)
Aramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth quarter, despite lower energy prices and production levels, Bloomberg reported on Sunday.
The company's net income dropped by 25 per (...)
جولة سعودية مع Al Hilal vs Al Riyadh اليوم، مشاهدة مباراة الهلال والرياض اليوم بث مباشر يلا شوت في الدوري السعودي، ويسعى فريق الهلال إلى مواصلة سلسلة انتصاراته المذهلة عندما يحل ضيفًا على فريق الرياض، ضمن فعاليات الجولة الثالثة والعشرين من دوري روشن (...)
منافسة سعودية مع Al Hilal vs Al Riyadh اليوم، مشاهدة مباراة الهلال والرياض اليوم بث مباشر يلا شوت في الدوري السعودي، وتتجه أنظار جماهير فريق الهلال نحو مباراة الرياض في إطار الجولة ال23 من دوري روشن السعودي، وذلك بعد الأداء الرائع الذي قدمه الفريق (...)
Egyptian Trade and Industry Minister Ahmed Samir concluded his visit in Riyadh by meeting with World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala. They discussed pressing global trade challenges and potential solutions.
Minister (...)
Hassan Allam Holding, a leading construction and engineering group in Egypt, has inaugurated its new regional headquarters in Saudi Arabia, as part of its strategic plan to grow its presence across the Middle East and Africa. The launch marks a (...)
IT ZAIN, a leading digital service provider, is proud to announce its first participation in the LEAP conference, the largest technology event in the Middle East. The third edition of the conference will take place from 4 to 7 March in Riyadh, Saudi (...)