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Economy

Saudi stock index posts biggest quarterly drop in 2 years, reducing market cap to $3tn

Follow-ups -eshrag News: Tue, 2022-08-30 16:30 RIYADH: The Saudi benchmark suffered its biggest quarterly loss in nearly two years, triggered…

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Economy

Egypt In-Focus: Oil expansion project; Renewable energy; Stock market down

Follow-ups -eshrag News: China In-Focus — Shares edge up; Luckin plans store expansion; Asian giant forecasts 6m electric cars sale…

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Economy

Tesla investors approve stock split; Musk sets goal of 20m cars per year

Follow-ups -eshrag News: CAIRO: Overall tourism spending in Saudi Arabia, including residents and foreigners, rose 52 percent in 2021 to SR95.6…

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Economy

PIF-owned ACWA Power leads Saudi stock market with 106% YTD gain

Follow-ups -eshrag News: DENVER: Top US shale oil producers say they remain laser focused on shareholder returns, limiting production expenditures…

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Economy

GCC stock markets rebound in July on strong earnings and global recovery

Follow-ups -eshrag News: Mon, 2022-08-01 17:10 RIYADH: Gulf Cooperation Council indexes recovered during July on the back of strong earnings…

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Economy

Saudi stock exchange approves listing of $780m government debt

Follow-ups -eshrag News: China In-Focus — Stocks flat; Jack Ma to give up control of Ant Group; Asian giant targets…

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Economy

Saudi stock exchange approves listing of $1.5bn government debt

Follow-ups -eshrag News: India In-Focus — Shares buck a broader downturn; probe underway in Tata Motors EV fire incident MUMBAI:…

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Economy

Egyptian stock exchange loses $870m on economic slowdown fear

Follow-ups -eshrag News: Crypto Moves – Bitcoin and Ethereum intensely plummet; Terraform and other VCs sued; Over-the-counter crypto trading in…

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Economy

Dubai’s Salik converted into joint stock company ahead of potential IPO

Follow-ups -eshrag News: Wed, 2022-06-15 18:41 RIYADH: Dubai has turned state-owned toll operator Salik into a public joint stock company…

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Economy

Saudi Ladun Investment to make stock market debut on June 14

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s gross domestic product is expected to grow by more than double the rate of…

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