Tag: Saudi

New Saudi methodology doubles 2023 FDI inflow

Saudi Arabia revised upward its foreign direct investment numbers this week, doubling the FDI inflow figure for 2023 to $25.5 billion according to a...

Serbia secures $205m loan from Saudi Fund for Development

JEDDAH: Serbia has signed a $205 million loan agreement with the Saudi Fund for Development to enhance its agriculture, education, and energy sectors. Three deals...

Closing bell: Saudi main index rises to 12,002; trading turnover at $1.96bn

Parallel market Nomu gained 474.42 points to close at 25,919.34 MSCI Tadawul Index increased by 6.87 points to 1,503.56 RIYADH: Saudi Arabia’s Tadawul All Share Index...

Saudi non-oil GDP growth strong, up 4.9% in Q2

The non-oil GDP growth in Saudi Arabia remains strong in the second quarter, recording a 4.9% increase year-on-year, according to Al Rajhi Capital Research,...

20 Canadian Companies Look to Invest in Saudi Digital Transformation

More than 20 Canadian companies have expressed interest in investing in Saudi Arabia's digital transformation, seeking to leverage opportunities in the Saudi telecommunications and...

Saudi Stock Exchange Ends Trading Higher

The Saudi Stock Exchange main index ended trading higher today, gaining 113.55 points to close at 12027.17 points.The total value of trading reported was...

Saudi EXIM Bank Hosts GARP Meeting to Discuss Financial Risk Management

The Saudi EXIM Bank hosted a meeting for the Global Association of Risk Professionals (GARP) to discuss best practices for managing financial risks in...

GASTAT: Saudi Annual Inflation Rate Stands at 1.6% in August 2024

The General Authority for Statistics (GASTAT) released today the Consumer Price Index (CPI) for August 2024.The index shows Saudi Arabia's annual inflation rate held...

Don't miss

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...