News
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Posted On NewsSaudi National Bank profit rises 21%
Saudi National Bank, the kingdom’s biggest lender by assets, said net profit for the third quarter of 2025 rose almost 21 percent, driven by a double-digit…
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Posted On NewsEA buyout gives Crown Prince ‘crown jewel’ of video games
The Saudi Public Investment Fund’s $55 billion acquisition of Electronic Arts could create a seismic shift in the video game industry, both in Saudi Arabia and abroad.…
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Posted On NewsEA buyout gives Crown Prince ‘crown jewel’ of video games
The Saudi Public Investment Fund’s $55 billion acquisition of Electronic Arts could create a seismic shift in the video game industry, both in Saudi Arabia and abroad.…
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Posted On NewsSaudis seek feedback on plan to open stock market to foreigners
Saudi Arabian regulators have launched a public consultation into their plan to eliminate the concept of “qualified foreign investor” in an attempt to open the domestic…
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Posted On NewsSaudi fashion industry given $80m push
Merak Capital, a Saudi Arabian investment company, has partnered with the government-backed Cultural Development Fund to establish a SAR300 million ($80 million) private equity fund…
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Posted On NewsSaudi Arabia’s Bahri seeks changes to UN CO2 limits
The National Shipping Company of Saudi Arabia, known as Bahri, is among a group of shipping companies demanding changes to a United Nations draft agreement…
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Posted On NewsSaudi mortgage securities benefit far beyond financial markets
Last month’s launch of Saudi Arabia’s first residential mortgage-backed securities (RMBS) passed almost unnoticed outside the specialised financial press. The bland news release, with few details, was…
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Posted On NewsNHC aims for $53bn property portfolio
The Saudi government-backed National Housing Company (NHC) is reportedly planning to increase its local investments to more than SAR200 billion ($53 billion). Total investments in Jeddah…
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Posted On NewsSaudi bonds to join benchmark index in 2026
Saudi Arabia is in the final review stage before its sovereign bonds are included in an important benchmark emerging market bond index. JPMorgan has placed…
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Posted On NewsScheme launched to control Riyadh house prices
The Royal Commission for Riyadh City on Thursday launched the Tawazoun Real Estate Platform in an effort to curb rising property prices, following remarks by the…
Liyana Parker
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