Money and Business

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European courts fine airlines 770 million euros

European courts fine airlines 770 million euros

The European Court of Justice has definitively upheld fines totaling €770 million against major global airlines for manipulating air freight prices…
Saudi banks' profits exceed 8.5 billion riyals in January 2026

Saudi banks' profits exceed 8.5 billion riyals in January 2026

Saudi banks' profits grew by 4.8% in January 2026, reaching SAR 8.53 billion. Learn more in the bank's report…
Bitcoin jumps to $70,000 on technical support and easing concerns

Bitcoin jumps to $70,000 on technical support and easing concerns

Bitcoin ends its losses and approaches $70,000, supported by a tech stock rally and the State of the Union address. An analytical look at cryptocurrency performance…
Aramco begins production at the Jafurah field and drills to boost gas production

Aramco begins production at the Jafurah field and drills to boost gas production

Saudi Aramco announces the start of production at the Jafurah field and drilling facility, aiming to increase gas production by 80% by 2030, thus supporting the economy…
Auditors warn of the risks of fraud in financial statements

Auditors warn of the risks of fraud in financial statements

The Saudi Organization for Certified Public Accountants (SOCPA) warns of the danger of management exceeding oversight in financial statements, emphasizing the need for professional skepticism to detect fraud
Capital Market Authority: Direct Listing Project for Subsidiary Companies

Capital Market Authority: Direct Listing Project for Subsidiary Companies

The Saudi Capital Market Authority has released a draft regulation regulating the direct listing of subsidiaries to solicit feedback, with the aim of reducing costs and deepening the market without the need for…
Investment licenses in Saudi Arabia are expected to rise by 69% during 2025

Investment licenses in Saudi Arabia are expected to rise by 69% during 2025

The Saudi Ministry of Investment recorded record growth in investment licenses of 69% during 2025, reaching more than 24,000 licenses…
Al-Qasabi: Merging the competitiveness and business centers to enhance the investment environment

Al-Qasabi: Merging the competitiveness and business centers to enhance the investment environment

The Cabinet approves the merger of the Competitiveness and Business Centers. Al-Qasabi confirms that the new center will provide 6,000 government services and unify efforts to improve…
Egg prices during Ramadan: Price variations and ample supply in the markets

Egg prices during Ramadan: Price variations and ample supply in the markets

Learn about egg prices during Ramadan, which range between 15 and 36 riyals. A detailed report on supply and the impact of feed costs…
Ministry of Commerce: Registration and renewal of commercial agencies is now fully electronic

Ministry of Commerce: Registration and renewal of commercial agencies is now fully electronic

The Saudi Ministry of Commerce announces the automation of commercial agency services. Learn about the registration requirements and instant renewal steps via the electronic platform to enhance the business environment…
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