Tag: Market

Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 153.61 points, or 1.38 percent, to close at 11,321.09. The total trading turnover of...

UAE debt market to surpass $350bn in 2026: Fitch Ratings 

RIYADH: The UAE’s debt capital market is set to surpass $350 billion in 2026 and exceed $400 billion in the following years, supported by...

Saudi Arabia leads GCC IPO market in 2025, raises $4.1bn: Markaz 

RIYADH: Saudi Arabia strengthened its role in the Gulf Cooperation Council’s initial public offering market in 2025, raising $4.1 billion in proceeds, the highest in the region, according...

Saudi banks expected to enter the Syrian market soon, Damascus’ finance minister reveals

RIYADH: Saudi Arabia is moving toward launching a number of investment funds in multiple sectors within Syria, most notably the Elaf Fund, with an...

Global ESG sukuk market hits record $6.5bn in Q3, set for strong 2026, says Fitch 

RIYADH: The global market for environmental, social and governance sukuk reached a record $6.5 billion in the third quarter, bringing total issuance this year...

Saudi Arabia tops GCC projects market in Q3: report  

RIYADH: Saudi Arabia led the Gulf Cooperation Council’s projects market in the third quarter of 2025 with $28.1 billion in contract awards, a new...

Closing Bell: Saudi main market opens week in green at 11,528 

RIYADH: The Saudi Exchange ended Sunday’s session higher, with the Tadawul All Share Index rising 0.29 percent to close at 11,528.59 points, gaining 32.87...

Aramco posts $22.67bn Q2 profit amid market volatility 

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...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...