Money and Business
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TASI reduces its losses and the market value gains 72 billion riyals
Two weeks ago
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…
Jerry Todd leads the Public Investment Fund's new strategy
Two weeks ago
Jerry Todd leads the Public Investment Fund's new strategy
Bloomberg reveals the appointment of Jerry Todd to oversee the Public Investment Fund's strategy, with a focus on artificial intelligence, industry, and tourism to achieve the vision…
Saudi Arabia's Restricted Insurance Regulations: Capital Requirements and Prohibitions
Two weeks ago
Saudi Arabia's Restricted Insurance Regulations: Capital Requirements and Prohibitions
Learn about the details of the draft regulations for insurance companies registered in Saudi Arabia. The Insurance Authority sets a minimum capital requirement of 5 million riyals…
TASI stocks: 41 companies record their lowest historical lows in a week
Two weeks ago
TASI stocks: 41 companies record their lowest historical lows in a week
Okaz newspaper reported that 41 companies on the Saudi stock market (TASI) hit their lowest historical levels last week amid intense selling pressure
OPEC+ is considering increasing oil production after the Iran bombing – Bloomberg report
Two weeks ago
OPEC+ is considering increasing oil production after the Iran bombing – Bloomberg report
Sources told Bloomberg that OPEC+ intends to increase oil production more than expected following the Israeli attacks on Iran. Learn more…
$4.2 billion in Tether cryptocurrency frozen to combat crime
Two weeks ago
$4.2 billion in Tether cryptocurrency frozen to combat crime
Tether announced it has frozen $4.2 billion in USDT tokens linked to illicit activities, as part of a global campaign in collaboration with…
Chinese stocks post weekly and monthly gains ahead of the National Conference
Two weeks ago
Chinese stocks post weekly and monthly gains ahead of the National Conference
Chinese stocks closed mixed but posted weekly and monthly gains, amid hopes for support for the technology sector at the National People's Congress…
Venezuelan oil sales approach $2 billion under US supervision
Two weeks ago
Venezuelan oil sales approach $2 billion under US supervision
The US Energy Secretary expects Venezuelan oil sales to reach $2 billion by the end of February, with crude returning to global markets through a financial fund…
JPMorgan: US legislation could boost cryptocurrencies
Two weeks ago
JPMorgan: US legislation could boost cryptocurrencies
JPMorgan expects the cryptocurrency market to rebound in the second half of the year, provided that US market regulation laws are passed and the current situation is resolved…
Japanese yen weakens: Finance Minister confirms market monitoring and dialogue with Washington
Two weeks ago
Japanese yen weakens: Finance Minister confirms market monitoring and dialogue with Washington
Japanese Finance Minister Satsuki Katayama expressed the government's concern over the yen's decline against the dollar, emphasizing the continuation of dialogue with the United States…