Money and Business

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Goldman Sachs forecasts: Gas prices in Europe could jump 130%

Goldman Sachs forecasts: Gas prices in Europe could jump 130%

Goldman Sachs predicts European gas prices could double if shipments through the Strait of Hormuz are halted. Learn about the potential repercussions of the crisis…
Saudi stocks rise: TASI adds 78 billion and Aramco gains

Saudi stocks rise: TASI adds 78 billion and Aramco gains

The Saudi stock index (TASI) erased its losses and closed higher at 10,481 points, adding 78 billion riyals to its market capitalization, supported by a rise in…
Gold surpasses $5424 and silver jumps globally | Price update

Gold surpasses $5424 and silver jumps globally | Price update

Gold prices surged to a record high, surpassing $5,424, while silver climbed above $96 an ounce amid Middle East tensions. Follow the latest market details…
He established a strategic sponsorship for the third edition of the Al-Balad Al-Amin Center

He established a strategic sponsorship for the third edition of the Al-Balad Al-Amin Center

Assas Company is participating as a strategic sponsor in the third edition of the Al-Balad Al-Ameen Center in Makkah, to promote urban development and support the goals of Vision 2030…
Commercial registrations in Tabuk rise to 41,000: Promising growth indicators

Commercial registrations in Tabuk rise to 41,000: Promising growth indicators

The Tabuk region recorded growth in commercial registrations, with an increase of 3,247 registrations bringing the total to 41,291. Learn about the reasons for this economic growth and the role of the Ministry…
Gasoline prices in America exceed $3 due to tensions with Iran

Gasoline prices in America exceed $3 due to tensions with Iran

Gasoline prices in the US are expected to rise above $3 a gallon following US airstrikes and escalating tensions with Iran, amid fears of…
Saudi First Bank: Best Trade Finance Provider 2026

Saudi First Bank: Best Trade Finance Provider 2026

Saudi First Bank (SAB) wins the Best Trade Finance Provider in Saudi Arabia award for 2026 from Global Finance for the sixth consecutive year…
Gold surges to record highs due to Iranian tensions and a Dow Jones decline

Gold surges to record highs due to Iranian tensions and a Dow Jones decline

Gold prices jumped 1.49% to surpass $5,352 an ounce in March 2026, driven by military tensions in Iran and a decline in futures contracts…
54 companies in TASI record their lowest historical price, and the index declines

54 companies in TASI record their lowest historical price, and the index declines

Okaz observed that 54 companies in the Saudi stock market (TASI) recorded their lowest historical prices, amid a 4.8% decline in the general index…
TASI reduces its losses and the market value gains 72 billion riyals

TASI reduces its losses and the market value gains 72 billion riyals

The Tadawul All Share Index (TASI) experienced sharp fluctuations at the opening, and despite the points decline, the market capitalization rose by 72 billion riyals, supported by the rise in the share price of…
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