Category: Saudi
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Saudi Aramco exploring initial bid for BP’s Castrol unit, source says
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(Reuters) – The Saudi Aramco is in the early stages of considering a possible presentation of BP Castrol Castrol, according to a person who is aware of the issue. BP explores all options about Castrol works, including the potential sales process, as part of a strategic review. Ashley Keeleti, an…
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.63% By Investing.com
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Investing.com – Saudi stocks rose after the close on Sunday, as gains in the stock sector pushed stocks higher. At the close in Saudi Arabia, the stock rose by 0.63%. Among the leading stocks today, the stock of Fawaz Abdulaziz Al Hokair Company (Tadawul:) emerged, whose value rose 9.98%, or…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.58% By Investing.com
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Investing.com – Saudi stocks fell after the close on Sunday, as losses in stocks and sectors led shares lower. At the close in Saudi Arabia, the index fell by 1.58%. Among the leading stocks today, Al Baha Investment and Development Company (TADAWUL:) emerged, whose value rose 7.14%, or 0.02 points,…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.58% By Investing.com
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Investing.com – Saudi stocks fell after the close on Sunday, as losses in stocks and sectors led shares lower. At the close in Saudi Arabia, the index fell by 1.58%. Among the leading stocks today, Al Baha Investment and Development Company (TADAWUL:) emerged, whose value rose 7.14%, or 0.02 points,…
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Saudi billionaire fuels ETFSwap presale excitement with $5 million bet
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Saudi billionaire turns $1M into $500M with Solana, drives FOMO in ETFSwap presale, eyes 200x returns by 2025 The famous Saudi billionaire and veteran cryptocurrency investor, who turned $1…
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Saudi billionaire fuels ETFSwap presale excitement with $5 million bet
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Saudi billionaire turns $1M into $500M with Solana, drives FOMO in ETFSwap presale, eyes 200x returns by 2025 The famous Saudi billionaire and veteran cryptocurrency investor, who turned $1…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.83% By Investing.com
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Investing.com – Saudi stocks fell after the close on Sunday, as losses in stocks and sectors led shares lower. At the close in Saudi Arabia, it lost 0.83%. Among the leading stocks today, Bin Dawood Holding (Tadawul:) emerged, the value of which rose by 6.01%, or 0.45 points, and its…
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.41% By Investing.com
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Investing.com – Saudi Arabia stocks were higher after Sunday’s close, as gains in the banking and finance sectors led shares higher. At the close in Saudi Arabia, the general market index rose by 0.41%. The session’s top performer was Red Sea Housing Services Co. (TADAWUL:), which rose 9.88% or 5.60…
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.49% By Investing.com
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Investing.com – Saudi Arabia stocks were higher after Sunday’s close, as gains in the banking and finance sectors led shares higher. At the close in Saudi Arabia, the general market index rose by 0.49%. The best performer of the session was Saudi Fisheries Company (TADAWUL:), which rose 9.93% or 2.29…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.18% By Investing.com
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Investing.com – Saudi Arabia stocks were lower after Monday’s close, as losses in the banking and finance sectors led shares lower. At the close in Saudi Arabia, the general market index lost 0.18%. The session’s top performer was Saudi Cables Co. (TADAWUL:), which rose 9.87% or 6.80 points to trade…
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.36% By Investing.com
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Investing.com – Saudi Arabian stocks were higher after Sunday’s close, as gains in the banking and finance sectors led shares higher. At the close in Saudi Arabia, the general market index rose by 0.36%. The best performance in the session was that of Saudi Arabia. Amiantit Saudi Automotive Services Co.…
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Saudi Arabia Crown Prince’s Transformation Stress-tests Economy and Stretches Petrowealth
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Breadcrumbs Path Links PMN Business Saudi Arabia faces the most critical moment yet in the process of reinventing its economy. Article author: Bloomberg News Abeer Abu Omar Published on July 14, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log in…
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Saudi Arabia Attracts British Lawyers with Lavish Perks and High Salaries
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Crown Prince Mohammed bin Salman is luring British lawyers to work on mega projects in Saudi Arabia with luxury benefits, including free housing and private school fees for their children. These concessions are part of a broader strategy to attract the best talent to help achieve the Crown Prince’s Vision…
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Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion
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Saudi Aramco shares worth $12 billion were sold shortly after the deal opened on Sunday, a gift to the government seeking funds to help pay for a massive economic transformation plan. The government had ordered all the shares on offer within a few hours after the books opened, according to…
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Saudi Arabia planning Aramco share sale as soon as June
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Investing.com – Saudi Arabia is looking to sell billions of dollars worth of shares in state-backed energy giant Aramco (Tadawul:) as soon as June, Reuters reported, citing two people familiar with the matter. The news agency said on Sunday that according to one source, the offering could raise about $10…
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IBM to roll out more open-source AI models, strikes deal with Saudi Arabia By Investing.com
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International Business Machines (NYSE:) announced on Tuesday that it will release a set of AI models as open source software and will help Saudi Arabia train its AI system in Arabic. Unlike competitors like Microsoft (NASDAQ:), IBM It adopts an open-access approach similar to Meta Platforms (NASDAQ:), making its “Granite”…
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Saudi crown prince, US national security adviser meet on Gaza, bilateral ties By Reuters
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CAIRO (Reuters) – Saudi Crown Prince Mohammed bin Salman and White House National Security Advisor Jake Sullivan met to discuss the Israeli war in Gaza and seek to complete a broad bilateral agreement, the Saudi Press Agency reported on Sunday. A statement issued by the ministry said that the meeting…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.62% By Investing.com
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Investing.com – Saudi stocks fell after the close on Sunday, as losses in stocks and sectors led shares lower. At the close in Saudi Arabia, the index lost 1.62%, reaching a new low in 3 months. Among the leading stocks today, the Saudi Dairy and Food Products Company (Tadawul:) emerged,…
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Oil edges higher on renewed Middle East tensions, Saudi price hikes (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil recovered part of the heavy losses incurred last week, with the Middle East risk premium returning to the market as Israel prepares to launch a military attack on the city of Rafah, located in the far south of the Gaza Strip, where hundreds…