/main-category/finance en /node/2610845/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-08-06 12:10</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Point of sale transactions in 海角直播 reached SR15.6 billion ($4.16 billion) in the week ending Aug. 2, representing a 31.5 percent weekly rise, driven by increased spending across all sectors.聽</p> <p> According to the latest data released by the Saudi Central Bank, also known as SAMA, the number of transactions also witnessed a weekly increase of 18.2 percent to reach 244.03 million.聽</p> <p> The sustained spending momentum highlights consumer confidence and the ongoing digital transformation of payments, driven by initiatives under the Kingdom鈥檚 Vision 2030 strategy.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/06/4628099-1684770371.jpg" width="1000" height="667" alt="" title="The number of transactions witnessed a weekly increase of 18.2 percent to reach 244.03 million. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/pos">PoS</a></div><div class="field-item odd"><a href="/tags/point-sale">point of sale</a></div><div class="field-item even"><a href="/tags/saudi-pos">Saudi Pos</a></div></div></div> Wed, 06 Aug 2025 09:15:19 +0000 sarah.glubb 2610845 at /node/2610742/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-08-05 16:23</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播鈥檚 Tadawul All Share Index edged up on Tuesday, as it gained 82.40 points, or 0.76 percent, to close at 10,921.85.聽</p> <p> The total trading turnover of the benchmark index was SR5.49 billion ($1.46 billion), with 164 of the listed stocks advancing and 83 declining.聽</p> <p> The Kingdom鈥檚 parallel market Nomu, however, shed 38.57 points to close at 26,852.82.聽</p> <p> The MSCI Tadawul Index advanced by 0.8聽percent to 1,408.36.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/05/4627857-1688412830.jpg" width="724" height="483" alt="" title="The best-performing stock on the main market was Saudi Printing and Packaging Co. Getty" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/closing-bell">Closing Bell</a></div><div class="field-item odd"><a href="/tags/saudi-stock-exchange-tadawul">Saudi Stock Exchange (Tadawul)</a></div></div></div> Tue, 05 Aug 2025 13:26:30 +0000 owen.bennett 2610742 at /node/2610688/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-08-05 09:26</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Saudi Aramco reported a net profit of SR85 billion ($22.67 billion) for the second quarter of 2025, underscoring its operational strength and financial resilience amid ongoing market volatility.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/05/4627726-860189786.jpeg" width="670" height="446" alt="" title="Saudi Aramco reported a second-quarter net profit of $22.67 billion, down from $26.01 billion in the previous quarter and $29.07 billion a year earlier. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/aramco-0">Aramco</a></div><div class="field-item odd"><a href="/tags/saudi-aramco">Saudi Aramco</a></div></div></div> Tue, 05 Aug 2025 06:32:20 +0000 ameen.syed 2610688 at /node/2610617/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-08-04 17:56</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播鈥檚 Tadawul All Share Index edged higher on Monday, gaining 6.35 points, or 0.06 percent, to close at 10,839.45.</p> <p> The total trading turnover of the benchmark index reached SR4.92 billion ($1.31 billion), with 138 stocks advancing and 110 declining.</p> <p> The Kingdom鈥檚 parallel market Nomu also closed in positive territory, rising 135.55 points, or 0.51 percent, to settle at 26,891.39, as 41 stocks advanced while 38 retreated.</p> <p> Meanwhile, the MSCI Tadawul 30 Index slipped marginally, losing 1.41 points, or 0.10 percent, to end at 1,397.24.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/04/4627559-997170712.jpg" width="1000" height="667" alt="" title="The best-performing stock of the day was Tourism Enterprise Co. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/closing-bell">Closing Bell</a></div><div class="field-item odd"><a href="/tags/saudi-exchange">Saudi exchange</a></div><div class="field-item even"><a href="/tags/saudi-stock-market">Saudi stock market</a></div></div></div> Mon, 04 Aug 2025 15:04:02 +0000 owen.bennett 2610617 at /node/2610616/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-08-04 17:43</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播 led the Gulf region鈥檚 primary debt market in the first half of 2025, raising $47.93 billion through 71 bond and sukuk issuances, a new analysis showed.聽</p> <p> According to a report from Kuwait Financial Center, also known as Markaz, the Kingdom accounted for 52.1 percent of the total Gulf Cooperation Council issuances during the period, cementing its position as the region鈥檚 dominant fixed income market.</p> <p> However, the volume marked a 19.8 percent year-on-year decline from $59.73 billion in the first half of 2024.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/04/4627556-1963844951.jpg" width="1000" height="585" alt="" title="海角直播鈥檚 debt market has expanded rapidly in recent years. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/sukuk">Sukuk</a></div><div class="field-item odd"><a href="/tags/debt-market">Debt market</a></div><div class="field-item even"><a href="/tags/markaz">Markaz</a></div></div></div> Mon, 04 Aug 2025 14:52:29 +0000 owen.bennett 2610616 at /node/2610502/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid%C2%A0">REEM WALID聽</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-03 16:45</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播鈥檚 Tadawul All Share Index slipped on Sunday, falling 87.17 points, or 0.80 percent, to close at 10,833.10.</p> <p> The total trading turnover of the benchmark index stood at SR3.39 billion ($904 million), with 62 stocks advancing and 187 declining.</p> <p> The Kingdom鈥檚 parallel market Nomu fell 169.14 points, or 0.63 percent, to close at 26,755.84, as 30 stocks advanced while 50 retreated.</p> <p> The MSCI Tadawul Index also dropped, losing 11.09 points, or 0.79 percent, to end at 1,398.65.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627260-289133401.png" width="1120" height="630" alt="" title="The total trading turnover of the benchmark index stood at SR3.39 billion ($904 million), with 62 stocks advancing and 187 declining. File/AP" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/closing-bell">Closing Bell</a></div><div class="field-item odd"><a href="/tags/tasi">TASI</a></div><div class="field-item even"><a href="/tags/saudi-stock-exchange-tadawul">Saudi Stock Exchange (Tadawul)</a></div><div class="field-item odd"><a href="/tags/msci-30-tadawul-index">MSCI 30 Tadawul Index</a></div><div class="field-item even"><a href="/tags/nomu">NOMU</a></div><div class="field-item odd"><a href="/tags/tadawul-all-share-index-tasi">Tadawul All Share Index (TASI)</a></div><div class="field-item even"><a href="/category/tags/tadawul">Tadawul</a></div></div></div> Sun, 03 Aug 2025 13:54:36 +0000 sarah.glubb 2610502 at /node/2610495/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-03 15:03</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播 has announced the opening of the August subscription window for its government-backed savings sukuk, offering an annual return of 4.97 percent, marking an increase from July鈥檚 4.88 percent.聽</p> <p> The 鈥淪ah鈥� sukuk is part of the 2025 issuance calendar overseen by the National Debt Management Center under the Ministry of Finance.聽</p> <p> The initiative is aligned with the Financial Sector Development Program, a key pillar of Vision 2030, which aims to elevate the national savings rate from 6 percent to 10 percent by the end of the decade.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627241-557554169.jpg" width="1000" height="667" alt="" title="The sukuk supports the development of a more robust savings culture while fostering collaboration between public and private financial entities. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/sah">sah</a></div><div class="field-item odd"><a href="/tags/national-debt-management-center-ndmc">National Debt Management Center (NDMC)</a></div><div class="field-item even"><a href="/tags/sukuk">Sukuk</a></div></div></div> Sun, 03 Aug 2025 12:32:31 +0000 sarah.glubb 2610495 at /node/2610487/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-03 14:45</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: The gross domestic product of Gulf Cooperation Council countries rose 3.3 percent at constant prices to $456.3鈥痓illion by the end of 2024, according to a new report.</p> <p> Non鈥憃il activities accounted for 70.6鈥痯ercent of the region鈥檚 GDP at constant prices in the final quarter, while oil activities contributed 29.4 percent, Oman News Agency reported, citing the Gulf Statistical Center.</p> <p> 鈥淭he contribution of non鈥憃il activities to the GCC GDP at constant prices reached 70.6鈥痯ercent by the end of the fourth quarter of 2024,鈥� ONA said.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627227-973017301.jpg" width="1000" height="667" alt="" title="Real GDP across the GCC rose 2.4鈥痯ercent in the final three months of 2024. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/gulf-cooperation-council-gcc">Gulf Cooperation Council (GCC)</a></div><div class="field-item odd"><a href="/tags/gdp">GDP</a></div><div class="field-item even"><a href="/tags/gulf-statistical-center">Gulf Statistical Center</a></div></div></div> Sun, 03 Aug 2025 11:50:27 +0000 sarah.glubb 2610487 at /node/2610480/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-03 13:23</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Chemicals production company Saudi Basic Industries Corp. announced the distribution of interim cash dividends amounting to SR4.5 billion ($1.19 billion) for the first half of the year.聽</p> <p> Shareholders owning company shares as of the eligibility date of Aug. 19 will receive a dividend of SR1.50 per share, representing 15 percent of the unit鈥檚 par value.聽</p> <p> The distribution is scheduled for Sept. 9, as SABIC emphasized its commitment to distribute competitive dividends in the long term despite the challenges facing the global petrochemical markets.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627209-834686313.jpg" width="645" height="430" alt="" title="SABIC reported several operational achievements for the second quarter of the year. SABIC" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-basic-industries-corp-sabic">Saudi Basic Industries Corp. (SABIC)</a></div><div class="field-item odd"><a href="/tags/saudi-petrochemical">saudi petrochemical</a></div><div class="field-item even"><a href="/SABIC">SABIC</a></div></div></div> Sun, 03 Aug 2025 10:43:32 +0000 sarah.glubb 2610480 at /node/2610473/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-03 12:35</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播鈥檚 real estate market maintained its steady growth in the second quarter of the year, with overall property prices in the Kingdom witnessing a 3.2 percent year-on-year rise, official data showed.聽</p> <p> Commercial real estate prices recorded an annual increase of 11.7 percent in the second quarter, while expenses for residential properties saw a marginal rise of 0.4 percent, according to the latest report by the Kingdom鈥檚 General Authority for Statistics.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627194-1029364964.jpeg" width="1500" height="783" alt="" title="Strengthening the real estate sector is one of the crucial goals outlined in 海角直播鈥檚 Vision 2030 agenda. File/SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-real-esate">saudi real esate</a></div><div class="field-item odd"><a href="/tags/saudi-general-statistics-authority-gastat">Saudi General Statistics Authority (GASTAT)</a></div><div class="field-item even"><a href="/tags/gastat">GASTAT</a></div><div class="field-item odd"><a href="/category/tags/saudi-arabia">海角直播</a></div><div class="field-item even"><a href="/tags/real-estate-general-authority-rega">Real Estate General Authority (REGA)</a></div></div></div> Sun, 03 Aug 2025 09:54:07 +0000 sarah.glubb 2610473 at /node/2610472/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan%C2%A0%C2%A0">Nirmal Narayanan聽聽</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-03 12:40</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Dubai Financial Market鈥檚 capitalization rose 9.7 percent year on year to 995 billion dirhams ($270.90 billion) in the first half of 2025, supported by strong investor inflows and rising trade volumes.聽</p> <p> The gains came alongside a sharp 298 percent increase in net profit before tax, which reached 777.1 million dirhams, the exchange said in its financial statement published via state news agency WAM. 聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627193-1197653982.jpeg" width="2048" height="1365" alt="" title="he gains came alongside a sharp 298 percent increase in net profit before tax, which reached 777.1 million dirhams. Supplied" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/dfm">DFM</a></div><div class="field-item odd"><a href="/tags/dubai-0">Dubai</a></div><div class="field-item even"><a href="/tags/financial-market">Financial Market</a></div></div></div> Sun, 03 Aug 2025 09:48:12 +0000 ameen.syed 2610472 at /node/2610425/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2025-08-02 23:59</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: A year after marking its 50th anniversary, the Islamic Development Bank remains at the forefront of global development finance, recognized for its distinctive model that blends Shariah finance principles with strategic investments.</p> <p> Established in August 1974 and commencing operations in October the following year in 海角直播, the IsDB has grown into a distinctive institution within the global development landscape, championing ethics, equity, and solidarity among its 57 member countries and impacting one in five people worldwide.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627052-623035686.jpg" width="1200" height="581" alt="" title="IsDB has financed thousands of projects in transport, energy, water, and urban development, significantly improving connectivity and public services across its member countries. (Supplied)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/islamic-development-bank-isdb-0">Islamic Development Bank (IsDB)</a></div></div></div> Sun, 03 Aug 2025 02:03:07 +0000 romulo 2610425 at /node/2610432/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-03 01:59</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: A surge in emotionally driven micro-purchases is reshaping retail trends in 海角直播, with collectibles like Pop Mart鈥檚 Labubu dolls emerging as cultural icons and commercial successes amid the Kingdom鈥檚 Vision 2030 transformation.</p> <p> The global phenomenon of Labubu 鈥� a mischievous character created by artist Kasing Lung and popularized by Hong Kong-listed Pop Mart 鈥� has taken hold in the Kingdom and across the Middle East.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/03/4627070-1304220835.jpg" width="670" height="400" alt="" title="Driven by social media trends and psychological triggers like fear of missing out, demand for Labubu dolls and other limited-edition collectibles is reshaping how young, tech-savvy consumers engage with retail. (Getty Images)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/pop-mart">Pop Mart</a></div><div class="field-item odd"><a href="/tags/labubu">Labubu</a></div><div class="field-item even"><a href="/tags/kasing-lung">Kasing Lung</a></div></div></div> Sat, 02 Aug 2025 23:36:17 +0000 romulo 2610432 at /node/2610159/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-07-31 16:36</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播鈥檚 Tadawul All Share Index ended the week on Thursday with a slight gain, rising 5.89 points, or 0.05 percent, to close at 10,920.27.聽</p> <p> The total trading turnover reached SR4.38 billion ($1.16 billion), with 417.32 million shares traded. A total of 111 stocks advanced while 136 declined.聽</p> <p> The MSCI Tadawul 30 Index also edged higher, adding 2.66 points, or 0.19 percent, to finish at 1,409.74.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/07/31/4626373-1165351781.jpg" width="1000" height="667" alt="" title="Sport Clubs Co. led the gainers on Thursday, climbing 9.97 percent to SR11.25. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/closing-bell">Closing Bell</a></div><div class="field-item odd"><a href="/tags/saudi-stock-market">Saudi stock market</a></div><div class="field-item even"><a href="/tags/saudi-exchange">Saudi exchange</a></div></div></div> Thu, 31 Jul 2025 13:46:58 +0000 owen.bennett 2610159 at /node/2610132/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-07-31 13:42</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 海角直播鈥檚 economy expanded by 3.9 percent year on year in the second quarter of 2025, led by a strong performance in non-oil sectors, official data showed.聽</p> <p> According to flash estimates from the General Authority for Statistics, growth in non-oil activities reached 4.7 percent, outpacing the 3.8 percent expansion in the oil sector and a 0.6 percent rise in government services.聽</p> <p> The non-oil sector contributed the largest share to GDP growth, adding 2.7 percentage points, followed by oil activities at 0.9 percentage points.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/07/31/4626304-2035001150.jpg" width="1000" height="667" alt="" title="海角直播鈥檚 real GDP is projected to grow at an average rate of 3.5 percent between 2025 and 2028. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-economy">Saudi economy</a></div><div class="field-item odd"><a href="/tags/saudi-general-statistics-authority-gastat">Saudi General Statistics Authority (GASTAT)</a></div><div class="field-item even"><a href="/tags/gastat">GASTAT</a></div><div class="field-item odd"><a href="/tags/saudi-gdp">Saudi GDP</a></div></div></div> Thu, 31 Jul 2025 11:03:12 +0000 sarah.glubb 2610132 at