Finance

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Wed, 2025-11-05 16:35

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, shedding 141.55 points, or 1.24 percent, to close at 11,256.74.

The total trading turnover on the benchmark index was SR4.94 billion ($1.32 billion), with 34 stocks advancing and 224 declining.

The Kingdom’s parallel market Nomu also fell 173.29 points to close at 24,411.19, while the MSCI Tadawul Index edged down 1.18 percent to 1,465.75.

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Saudi Stock Exchange (Tadawul)

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Closing Bell

Tadawul All Share Index (TASI)

Qatar sells $4bn in two-part debt issue

owen.bennett — Tue, 04 Nov 2025 08:53:13 +0000

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Reuters

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Tue, 2025-11-04 11:28

ABU DHABI: Qatar, among the world’s top exporters of liquefied natural gas, tapped global debt markets for $4 billion in a two-tranche issue which attracted hefty order books and allowed the Gulf state to achieve more favorable pricing than initially indicated.

Qatar sold a $1 billion, three-year bond at 15 basis points over US Treasuries and a $3 billion Islamic bond, or sukuk, with a 10-year tenor at 20 basis points over the same benchmark, according to a document from a lead manager.

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Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2

ameen.syed — Tue, 04 Nov 2025 06:48:24 +0000

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Tue, 2025-11-04 09:45

RIYADH: Saudi Arabia’s non-oil economy accelerated in October, with the Purchasing Managers’ Index climbing to 60.2, its second-highest level in more than a decade, signaling strong business growth momentum.

The latest survey by Riyad Bank and S&P Global showed a sharp improvement in operating conditions across the Kingdom’s private sector, underpinned by solid demand, rising employment, and robust output growth.

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Aramco posts $28bn profit in Q3 as major projects advance

ameen.syed — Tue, 04 Nov 2025 05:22:49 +0000

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ARAB NEWS

Tue, 2025-11-04 08:20

RIYADH: Saudi Aramco reported third-quarter 2025 adjusted net income of $28 billion, up slightly from $27.7 billion a year earlier, as strong operating momentum and progress on key projects underpinned performance.

Cash flow from operating activities rose to $36.1 billion from $35.2 billion in the same period last year, while free cash flow increased to $23.6 billion from $22 billion. The company’s gearing ratio stood at 6.3 percent as of Sept. 30, compared with 6.5 percent at the end of the previous quarter.

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PIF, ACWA Power sign MoU to develop energy and water infrastructure project

ameen.syed — Mon, 03 Nov 2025 14:34:54 +0000

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SPA

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Mon, 2025-11-03 17:32

RIYADH: Saudi Arabia’s Public Investment Fund and ACWA Power have signed a memorandum of understanding to explore opportunities for developing energy and water infrastructure projects for PIF’s local real estate companies.

The agreement, signed on the sidelines of the ninth Future Investment Initiative, aims to strengthen collaboration between the PIF and ACWA Power to develop more sustainable and resilient facilities, according to the Saudi Press Agency.

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Closing Bell: Saudi main index closes in red at 11,484

owen.bennett — Mon, 03 Nov 2025 13:58:24 +0000

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Mon, 2025-11-03 16:50

RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower on Monday, slipping 52.72 points, or 0.46 percent, to end at 11,483.57.

The total trading turnover of the benchmark index reached SR6.11 billion ($1.63 billion), with 58 stocks advancing and 198 declining.

The Kingdom’s parallel market Nomu also edged down 0.88 percent to 24,725.15, while the MSCI Tadawul Index fell 0.39 percent to 1,492.48.

The best-performing stock on the main market was Bawan Co., as its share price increased by 3.64 percent to SR57.

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Saudi Stock Exchange (Tadawul)

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Closing Bell

Gulf markets rise for 2nd month, MSCI GCC Index up 1.2%

owen.bennett — Mon, 03 Nov 2025 11:06:13 +0000

article author:

Nour El-Shaeri

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Mon, 2025-11-03 13:38

RIYADH: Gulf Cooperation Council equities recorded their second consecutive monthly gain in October as the MSCI GCC index rose by 1.2 percent, reflecting stronger regional sentiment amid policy easing and global market resilience.

A report by Kamco Invest said the advance was led by broad-based sectoral gains and a rebound in investor confidence toward the end of the month.

The improvement followed interest rate cuts by most GCC central banks, excluding Kuwait, as well as a pick-up in trading activity and renewed optimism in key markets.

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Closing Bell: Saudi main index slips to close at 11,536

ameen.syed — Sun, 02 Nov 2025 13:31:19 +0000

article author:

Reem Walid

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Sun, 2025-11-02 16:21

RIYADH: Saudi Arabia’s Tadawul All Share Index fell on Sunday, losing 119.56 points, or 1.03 percent, to close at 11,536.29.

The benchmark index recorded a total trading turnover of SR4.44 billion ($1.18 billion), with 66 stocks advancing and 191 declining.

The Kingdom’s parallel market Nomu also slipped 73.34 points, or 0.29 percent, to close at 24,943.63, as 26 stocks gained while 43 retreated.

Meanwhile, the MSCI Tadawul Index dropped 18.74 points, or 1.24 percent, to finish at 1,489.32.

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German dairy, honey, and coffee firms plan factories in Saudi Arabia

ameen.syed — Sun, 02 Nov 2025 10:45:09 +0000

article author:

BASEM BAWAZEER AL-EQTISADIAH

Sun, 2025-11-02 13:42

JEDDAH: Six German companies specializing in dairy, honey, and coffee are exploring investment opportunities and commercial partnerships with Saudi investors and suppliers.

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Saudi Arabia key to BYD’s global growth plans: Stella Li

ameen.syed — Sun, 02 Nov 2025 10:12:58 +0000

article author:

Saleh Fareed

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Sun, 2025-11-02 13:05

JEDDAH: They once said the automobile world was no place for a woman. But Chinese executive Stella Li proved them wrong — and went on to become one of the most influential women in the global automotive industry.

As executive vice president and president of BYD Americas, Li has left an indelible mark on the auto industry and beyond. From her academic beginnings at China’s prestigious Fudan University to her pivotal role in transforming BYD into a dominant force in the electric vehicle market, Li’s story is one of vision, persistence, and leadership.

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Saudi Arabia leads GCC fixed-income issuances in Q3, Markaz says

owen.bennett — Fri, 31 Oct 2025 08:29:33 +0000

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Fri, 2025-10-31 11:11

RIYADH: Saudi Arabia dominated the Gulf Cooperation Council region’s primary debt market in the third quarter of 2025, raising $20.32 billion through 36 issuances, representing a 62.7 percent year-on-year increase in value, according to a new analysis.

In its latest report, Kuwait Financial Center, also known as Markaz, said that primary issuances of bonds and sukuk across the GCC totaled $38.74 billion through 137 issuances during the third quarter, marking a 32.4 percent increase from the same period in 2024, when issuances reached $29.29 billion.

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debt markets

MENA IPOs raise $700m in Q3, EY report shows

owen.bennett — Fri, 31 Oct 2025 08:03:23 +0000

article author:

Nour El-Shaeri

Author:

Fri, 2025-10-31 10:51

RIYADH: Initial public offerings across the Middle East and North Africa raised $700 million in the third quarter of 2025, according to an EY MENA IPO Eye report.

A total of 11 IPOs were recorded during the period, marking a 120 percent year-on-year increase in the number of listings, driven by mid-market activity.

The strong performance extended to regional stock exchanges, with the MSCI Emerging Markets Index rising 25 percent, followed by the EGX 30 Index, which gained 23.3 percent, and the Boursa Kuwait Premier Market Index, which climbed 19.6 percent.

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