Economy

Ma’aden awards Phase 1 Phosphate 3 project contract to Worley and JESA International 

Follow-ups -eshrag News: Wed, 2023-02-01 17:36 RIYADH: Saudi Arabian Mining Co., also known as Ma’aden, awarded an engineering, procurement and…

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Magrabi announces new leadership structure, unveils latest mission statement

Follow-ups -eshrag News: CAIRO: Saudi Arabia will host the 44th International Association for Energy Economics International Conference from Feb. 4-9…

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OPEC+ sticks to oil output policy

Follow-ups -eshrag News: Wed, 2023-02-01 18:14 LONDON/DUBAI: An OPEC+ panel endorsed the oil producer group’s current output policy at a…

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Saudi-Oman Investment Forum sees 13 MoUs signed as trade ties deepen

Follow-ups -eshrag News: CAIRO: Saudi Arabia will host the 44th International Association for Energy Economics International Conference from Feb. 4-9…

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Oil Updates — Brent down, WTI up; Atlas Energy files for US IPO 

Follow-ups -eshrag News: Wed, 2023-02-01 08:50 RIYADH: Oil prices were mixed on Wednesday as signs of slowing inflation in the…

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King Abdullah Financial District signs agreement with Japanese Sumitomo Corp. to fight climate change

Follow-ups -eshrag News: RIYADH: King Abdullah Financial District signed a Memorandum of Understanding with Sumitomo Corp. Middle East FZE to…

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Saudi Real Estate Refinance looks to debut dollar sukuk in Q2

Follow-ups -eshrag News: Wed, 2023-02-01 11:02 DUBA: The Saudi Real Estate Refinance Co., the kingdom’s equivalent of US mortgage finance business…

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UAE’s national digital economy to touch $140bn by 2031: report

Follow-ups -eshrag News: Wed, 2023-02-01 12:26 RIYADH: The UAE’s national digital economy is expected to surge from $38 billion today…

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Saudi National Bank 2022 net profit surges 47% to $4.96bn 

Follow-ups -eshrag News: Wed, 2023-02-01 13:27 RIYADH: Saudi National Bank reported a 46.7 percent increase in net profit in 2022…

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UAE's DFM net profit up 41.7% to $40m in 2022 

Follow-ups -eshrag News: Wed, 2023-02-01 13:27 RIYADH: Dubai Financial Market Co. reported an increase of 41.7 percent in net profit to 147.1 million dirhams ($40 million) for the…

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