Money and Business

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Amin Nasser: Saudi Aramco's plans to address global challenges

Amin Nasser: Saudi Aramco's plans to address global challenges

Amin Nasser, CEO of Saudi Aramco, affirmed the company's readiness to face geopolitical challenges, while achieving strong profits and major projects in…
Saudi Aramco's profits reach 348 billion riyals and it distributes huge dividends

Saudi Aramco's profits reach 348 billion riyals and it distributes huge dividends

Learn about the details of Saudi Aramco's profits, which reached 348 billion riyals, the reasons for the decline in revenues, and the size of the huge cash dividends…
The Saudi Council of Engineers fines 10 contracting companies 1.6 million riyals for violating accreditation regulations

The Saudi Council of Engineers fines 10 contracting companies 1.6 million riyals for violating accreditation regulations

The Saudi Council of Engineers has fined 10 major contracting companies 1.6 million riyals for employing staff without valid professional accreditation
Moody's: Gulf banks' ratings are safe from Middle East conflict

Moody's: Gulf banks' ratings are safe from Middle East conflict

Moody's expects the Middle East conflict to have a marginal impact on Gulf banks' ratings thanks to their strong liquidity and capital reserves. Read the details…
The Saudi stock index closed above 11,000 points with gains of 230 points

The Saudi stock index closed above 11,000 points with gains of 230 points

The Saudi stock market index (TASI) surged by 230 points, breaking through the 11,007-point barrier, amid active trading that reached 5.6 billion riyals…
The UAE and Kuwait are reducing oil production due to tensions in the Strait of Hormuz

The UAE and Kuwait are reducing oil production due to tensions in the Strait of Hormuz

The UAE and Kuwait announce oil production cuts and the activation of force majeure following disruptions to shipping in the Strait of Hormuz, amid global concerns about the impact…
The war's impact on markets: Oil surges, stocks decline

The war's impact on markets: Oil surges, stocks decline

A comprehensive analysis of the first week of the war's impact on global markets. A historic surge in oil prices, a sharp decline in UAE stock markets…
The dollar exchange rate against the Egyptian pound exceeds 52 in Egyptian banks

The dollar exchange rate against the Egyptian pound exceeds 52 in Egyptian banks

The dollar jumped 4.3% against the Egyptian pound, surpassing 52 pounds in banks, driven by foreign capital outflows amid geopolitical tensions. Learn more…
Saudi dates: Global leadership and exports to 133 countries

Saudi dates: Global leadership and exports to 133 countries

Saudi dates have achieved a global milestone, reaching 133 countries and generating revenues of 1.7 billion riyals. Learn about Al-Ahsa's role and Vision 2030 in this…
Saudi Finance Ministry affirms the strength of the economy and continued exports

Saudi Finance Ministry affirms the strength of the economy and continued exports

The Saudi Ministry of Finance affirms the strength of the financial position and the continued economic activities and energy exports via the Red Sea with high resilience despite regional tensions…
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