Oil price slump to start affecting Saudi banks

The impact of lower oil prices will soon start to weigh on Saudi Arabia’s banks, which are likely to see bad loans edge higher...

Saudi Arabia's stock market pulls back as Egypt stalls

Saudi Arabia's stock market pulled back in early trade on Wednesday as buying in blue chips petered out, while Egypt's market stalled. The Saudi index...

Oil prices tumble 7%: Tadawul edges down

Stock markets across the Middle East fell on Tuesday alongside steep drops in global stock prices because of renewed uncertainty about the state of China's...

Rising oil output accelerates Saudi economic growth

Rising oil output boosted Saudi Arabia’s economic growth to its fastest pace in over a year in the second quarter of 2015, data showed...

TASI suffers worst monthly drop since October 2008

Most Gulf stock markets fell on Monday, tracking volatile oil prices, while Egypt's bourse jumped after energy major Eni announced a potentially huge natural...

Saudis Appeal for Royal Guidance on Economy After Stocks Sink

Saudi plastic surgeon and stock-market investor Sami al-Harki is looking for help. Al-Harki already lost 40 percent on his shares, but doesn’t want to sell...

Saudi stock market surges, petchems climb on oil rebound

Saudi Arabia's stock market rose sharply in heavy turnover during early trade on Thursday as petrochemical shares in particular surged in response to a...

Jeddah water project phase-II to be over by mid-2016

JEDDAH: Jeddah’s water shortage woes will be considerably over by the middle of next year, as the second phase of the project with a...

Saudi companies turn to LinkedIn

RIYADH — More than half of Saudi job-seekers now use Internet to find suitable jobs, according to a recent survey by job website LinkedIn....

Saudi Aramco considers new industrial city project in east

State oil giant Saudi Aramco is considering whether to build a new industrial city in the south of the Al Ahsa district in Saudi...

Latest News