RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 40.74 points, or 0.32 percent, to close at 12,618.62. The total trading turnover of the benchmark index was SR7.59 billion ($2.02 billion) as 151 of the stocks advanced, while 66 retreated. On the other hand, the Kingdom’s parallel market Nomu slipped 129.53 points, or … Read more
RIYADH: Saudi Arabia’s entrepreneurial landscape is rapidly expanding thanks to close collaboration between the public and private sectors, business leaders highlighted during a two-day event in Riyadh. Convened at the King Abdul Aziz International Conference Center, the Social Development Bank Forum for Entrepreneurship and Modern Business Practices brought together 85 local and international speakers, 30 global organizations and … Read more
RIYADH: Saudi Arabian Mining Co. has secured international recognition with a certificate for producing 614,000 tons of ultra-low carbon ammonia, the largest quantity acknowledged globally. The endorsement from Det Norske Veritas signifies a substantial stride in the plans of the mining firm, also known as Ma’aden, to expand and transform its operations, aspiring to become … Read more
DUBAI: As Saudi Arabia enters another busy event season, including grand city-based celebrations in Riyadh and Diriyah, a host of new entertainment ventures powered by new technology are opening up in the Kingdom. The latest move came in October when the Kingdom announced it was investing $55 million in HyperSpace, a three-year-old Saudi startup that designs … Read more