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Posted On NewsQatari stocks rejuvenated as foreign investors return
Foreign investors are returning to Qatari stocks as neighbouring Saudi Arabia’s lustre dims over falling oil revenue and its impact…
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Posted On NewsSaudi mortgages rising despite market slowdown
Saudi mortgage volumes are rising, with larger average values, even as the residential property market plateaus. Mortgage issuances rose 15…
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Posted On NewsSaudi Arabia’s Trojena backed by Olympic Council
The Olympic Council of Asia has endorsed the progress of Saudi Arabia’s Trojena project for the 2029 Asian Winter Games…
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Posted On NewsIn Saudi football, the real goal is influence
Saudi Arabia recently confirmed that three of its professional football clubs, Al-Ansar, Al-Kholood and Al-Zulfi, have been privatised. The ministry of…
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Posted On NewsPIF’s Humain seeks data centre chief for Saudi AI plan
Humain, Saudi Arabia’s national artificial-intelligence company backed by the Public Investment Fund, is hiring a head of data centre estates as…
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Posted On NewsJabal Omar secures $533m to refinance existing debt
Saudi-listed Jabal Omar Development Company has secured new Islamic funding to refinance its existing debt on better terms. The developer raised SAR2…
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Posted On NewsSaudi wealth fund cuts $2bn from US stock holdings
Saudi Arabia’s Public Investment Fund (PIF) pared its exposure to US-listed equities in the second quarter, shedding nearly $2 billion…
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Posted On NewsDrake & Scull reports rising profit as revenue doubles
Dubai contractor Drake & Scull International (DSI) increase its net profit by more than 70 percent in the first half…
