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- UNSC to hold meeting to discovery of mass graves in Gaza
- Iran, Egypt Discuss Gaza Crisis
- International Criminal Court warns against ‘retaliation threaten’
- Northern Gaza is facing widespread famine that might spread
- Saudi Arabia initiates anti-dumping probe into steel imports from China and Taiwan
- Saudi minister concludes Beijing visit, strengthening ties in real estate development
- Qatar: PPI industrial sector decreases by 1.10% in March
- Fed’s Williams says 2% inflation target ‘critical’
Stocks and Markets
Both nations expressed keen interest in leveraging Chinese advanced construction technology for Saudi Arabia’s infrastructure projects
His defense of the inflation target comes amid persistent calls from some corners for the Fed to overhaul the way it guides, sets and communicates policy
Investors had been keenly awaiting the data, as the US non-farm payrolls figures are key to the Federal Reserve’s decision-making on when to lower interest rates
Such borrowing risks undermining the economy by expanding the money supply, fuelling inflation and causing the exchange rate to weaken against foreign currencies, economists say
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 128.72 points, or 1.03 percent, to close at 12,355.69.
RIYADH: Saudi Arabia has completed its riyal-denominated sukuk issuance for April at SR7.39 billion ($1.97 billion), representing a rise of 66.44 percent compared to the previous month.
The oil-rich emirate, rated AA or its equivalent by all three major ratings companies, is issuing a dollar deal with tranches of five, 10 and 30 years, according to a person familiar with the matter.
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform into a smartphone camera as they learn how to sell the clothes to overseas TikTok users.
RIYADH: Saudi Arabia’s non-oil exports, including re-exports, saw a surge of 4.4 percent in February compared to the same period of 2023, official data showed.
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