The Federal Reserve announced today, Nov. 7, its second interest rate cut of 2024, trimming its benchmark rate by 0.25 ...

The Saudi Central Bank (SAMA) reduced today, Nov. 7, its reversereporateby25basis points (bps) to 500bps from 475 bps.

Lumi Rental Co. expects to continue recording strong growth rates across all business segments during the fourth quarter of ...

The Saudi Power Procurement Company (SPPC) has announced the winning bidders for the Rumah -1, Rumah -2, Al-Nairyah -1, and ...

The Council of Economic and Development Affairs (CEDA) discussed the monthly update on local and global economic developments ...

Khaled Khashoggi, CEO and Managing Director of Saudi Cable Co. said that the robust results achieved by the company were ...

Production of grain crops in the Kingdom amounted to 1.75 million tons in 2023, the General Authority for Statistics revealed ...

Gold prices are still down today, Nov. 7, extending the losses suffered since Donald Trump clinched US presidential victory ...

MSCI Inc, the provider of research-based indexes and analytics, announced the results of its periodic review, adding four stocks, namely Miahona Co., ...

AYYAN trimmed net losses to SAR 34.7 million in the third quarter of 2024 from SAR 56.4 million in Q3 2023. Shareholders' equity, after minority interest, at the end of 9M 2024 amounted to SAR 553.972 ...

In Q3 2024, the net profit saw a 24.3% fall to SAR 17.6 million from SAR 23.26 million the year before. Sequentially, the cement producer’s net profit rose 49.6% from SAR 11.77 million. Shareholders’ ...

Saudia Dairy & Foodstuff Co.’s (SADAFCO) board of directors approved today, Nov. 7, the start of voluntary liquidation procedures for SADAFCO Qatar LLC. The Doha-based subsidiary, which is 75% owned ...