Lumi Rental Co. expects to continue recording strong growth rates across all business segments during the fourth quarter of ...

The Saudi Power Procurement Company (SPPC) has announced the winning bidders for the Rumah -1, Rumah -2, Al-Nairyah -1, and ...

The Council of Economic and Development Affairs (CEDA) discussed the monthly update on local and global economic developments ...

The Saudi Central Bank (SAMA) reduced today, Nov. 7, its reversereporateby25basis points (bps) to 500bps from 475 bps.

The Federal Reserve announced today, Nov. 7, its second interest rate cut of 2024, trimming its benchmark rate by 0.25 ...

This was due to a slight decline in sales, higher cost of sales, and the elevated selling, marketing, administrative, and general expenses. The company also cited an increase in financing costs and an ...

In Q3 2024, Takween’s losses shrank by 41.7% to SAR 17.66 from SAR 30.31 million in Q3 2023 due to a reduction in the cost of revenues relative to revenue levels, lower administrative and general ...

Khaled Khashoggi, CEO and Managing Director of Saudi Cable Co. said that the robust results achieved by the company were ...

Production of grain crops in the Kingdom amounted to 1.75 million tons in 2023, the General Authority for Statistics revealed ...

Gold prices are still down today, Nov. 7, extending the losses suffered since Donald Trump clinched US presidential victory ...

Scientific and Medical Equipment House Co. (Equipment House) reported a 9.5% profit fall in the first nine months of 2024 to SAR 34.5 million from SAR 31.5 million a year earlier.

AYYAN trimmed net losses to SAR 34.7 million in the third quarter of 2024 from SAR 56.4 million in Q3 2023. Shareholders' equity, after minority interest, at the end of 9M 2024 amounted to SAR 553.972 ...