RIYADH: In a major stride toward global business prominence, Saudi Arabia is fast emerging as a powerhouse through its regional headquarters program. Spearheaded by a collaborative effort between the Ministry of Investment and the Royal Commission for Riyadh City, the initiative offers foreign companies establishing their Middle East bases in the Kingdom a 30-year exemption … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index rose for the third consecutive day on Tuesday, as it gained 59.54 points, or 0.50 percent, to close at 11,872.63. The total trading turnover of the benchmark index was SR7.54 billion ($2.01 billion), as 122 stocks advanced while 98 declined. However, Nomu, the Kingdom’s parallel market, … Read more
RIYADH: Saudi Arabia and Japan have strengthened bilateral relations by finalizing 14 agreements across multiple sectors. The Saudi-Japanese Investment Forum held in Riyadh on Dec. 26 saw the signing of several memorandums of understanding and announcements of critical projects between governmental entities and private sector players from both nations. The agreements addressed areas of cooperation … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 10.56 points, or 0.09 percent, to close at 11,702.90. The total trading turnover of the benchmark index was SR5.77 billion ($1.55 billion) as 110 of the listed stocks advanced, while 106 retreated. Similarly, the MSCI Tadawul Index dipped 4.95 points, or 0.33 percent, to … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 10.56 points, or 0.09 percent, to close at 11,702.90. The total trading turnover of the benchmark index was SR5.77 billion ($1.55 billion) as 110 of the listed stocks advanced, while 106 retreated. Similarly, the MSCI Tadawul Index dipped 4.95 points, or 0.33 percent, to … Read more
RIYADH: Small and medium enterprises in Saudi Arabia are set to benefit from an enhanced online platform designed to provide essential data for identifying market trends. The “Atlas Business Platform” will supply SMEs and entrepreneurs with major business indicators categorized by region, sector, and products that will help shape strategic decisions.