Wednesday, May 1, 2024

WageSpot phone app pulls back curtain on employee pay

A WageSpot smartphone application released in the United States on Tuesday dove into a historically taboo topic -- how much people get paid. The app...

Saudi banks Q3 results to reflect growing challenges

Stronger challenges facing Saudi Arabian banks are likely to be reflected in third-quarter results as earnings are hit by weak stocks, more delayed payments...

Paris and Riyadh strategic alliance further reinforced

French Ambassador to Saudi Arabia Bertrand Besancenot said that France and KSA have a strategic partnership that is characterized today by a new momentum....

European shares slip lower, led by Germany

European shares fell on Tuesday following strong gains in the previous session, with Germany underperforming after reporting industrial orders unexpectedly fell in August. Data showed...

Saudi Aramco in talks to buy CNPC refinery stake, retail assets

Saudi Aramco, the world's biggest oil producer, is in talks to acquire a stake in a China National Petroleum Corp refinery as well as...

Societe Generale appoints Toussaint as Saudi head

Societe Generale has appointed Antoine Toussaint as its chief country officer and chief executive in Saudi Arabia, the bank said in a statement on...

Britain's FTSE 100 climbs as Glencore gains

Britain's top share index rose nearly 3 percent on Monday, with a surge in Glencore after a volatile week leading mining companies higher. Glencore shares...

Saudi pricing shows oil volatility in action amid oversupply

Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market...

Saudi central bank foreign assets fall 1 pct in August

Oct 5 Net foreign assets at Saudi Arabia's central bank fell 1 percent from the previous month to 2.455 trillion riyals ($655 billion) in...

Saudi Arabia to convert state real estate fund into bank

Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the economic policy apparatus...

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