RIYADH: Saudi banks’ aggregate profit before zakat and tax reached SR8.24 billion ($2.2 billion) in July, marking a 7 percent increase compared to the...
RIYADH: Riyadh’s industrial and logistics sector recorded an annual rental growth of 9.3 percent in the second quarter of 2025, reinforcing the Saudi capital’s...
Synopsis
The penalty followed the Walmart-owned digital payments firm’s end-of-day balance in its escrow account on certain days falling short of the value of outstanding...
Synopsis
Bengaluru-based mobility company Rapido now has nearly half the share of overall ride-hailing market, with monthly active users at 50 million versus Uber’s 30...
Synopsis
Through this acquisition, Minute Media plans to roll out a fully integrated solution for content creation, distribution, and monetisation, further deepening its partnership with...
RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower on Wednesday, losing 31.13 points, or 0.30 percent, to end at 10,498.04.
The total trading turnover of...
Synopsis
Called as 'Bio-Electrochemical Anaerobic Digestor System (BEADS)', this technology delivers cost savings, energy recovery and carbon reduction for industries which are grappling with the...
Oil activities led the expansion with a 5.6% increase
Non-oil sectors contributed 2.6 percentage points to overall GDP growth
RIYADH: Saudi Arabia’s economy expanded 3.9 percent...
