Money and Business

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British house prices hit a new record high in January

British house prices hit a new record high in January

House prices in Britain rose to a record high of over £300,000 in January, supported by a stable budget and a return of property demand, according to…
The dollar posts its best weekly performance, while the yen awaits Japan's elections

The dollar posts its best weekly performance, while the yen awaits Japan's elections

The US dollar is on track for its best weekly performance in November, supported by concerns over stocks, while the yen rises ahead of Japan's elections and stabilizes…
Saudi banks' profits in 2025: Historical figures and growth details

Saudi banks' profits in 2025: Historical figures and growth details

Saudi banks recorded record profits in 2025 exceeding 92 billion riyals, led by the National Commercial Bank and Al Rajhi Bank. Learn more about the growth details…
Bitcoin crash: 11% plunge to its lowest level in 15 months

Bitcoin crash: 11% plunge to its lowest level in 15 months

Bitcoin plunges 11% to $67,000, its lowest level since November 2024. Learn about the reasons for the sharp decline and future forecasts…
Arab Investment launches its new identity: a strategic phase and record revenues

Arab Investment launches its new identity: a strategic phase and record revenues

The Arab Investment Company launched its new corporate identity to reinforce its journey since 1974, announcing that it will achieve its highest revenues in its history for 2025…
Saudi First Bank's 2025 results: Profits of 8.5 billion riyals

Saudi First Bank's 2025 results: Profits of 8.5 billion riyals

Saudi First Bank (SAB) announced a net income of SAR 8.5 billion for 2025, representing a 5% increase. Learn more about the financial details…
Erdogan: Saudi-Turkish investment to produce Can fighter jets

Erdogan: Saudi-Turkish investment to produce Can fighter jets

Details of the joint investment plan between Saudi Arabia and Turkey to produce fifth-generation fighter jets, and the importance of this military cooperation in strengthening industries…
Withholding tax forms due date January 2026 and late payment penalties

Withholding tax forms due date January 2026 and late payment penalties

The Zakat, Tax and Customs Authority is urging businesses to submit their withholding tax forms for January 2026 before February 10th to avoid a 1% penalty. Learn more…
Central Bank directives for exchange centers during Hajj and Ramadan

Central Bank directives for exchange centers during Hajj and Ramadan

Learn about the Saudi Central Bank's instructions to exchange centers in Mecca and Medina to enhance preparedness and provide counterfeit detection devices in preparation for the Ramadan seasons…
Bitcoin price falls to its lowest level since 2024, and Ethereum declines

Bitcoin price falls to its lowest level since 2024, and Ethereum declines

Bitcoin's price fell to $70,000, its lowest level since November 2024, amid concerns about the US Federal Reserve's policies…
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