Economy
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Saudi Arabia’s Avalon Pharma prices IPO at top of range
Saudi-based Middle East Pharmaceutical Industries Company, known as Avalon Pharma, priced its initial public offering (IPO) at the top of…
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How to invest in Saudi Arabia stock market – all you need to know
One of the leading emerging market exchanges globally, the stock markets in Saudi Arabia offer unique opportunities for investors seeking to grow…
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UAE’s ADNOC boosts budget allocation for lower-carbon projects to $23 bln
The state-owned Abu Dhabi National Oil Company said on Mon-day it would allocate $23 billion for decarbonization and lower-carbon projects,…
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Sony calls off merger with India media giant Zee
Sony’s Indian arm has scrapped a planned merger with Zee Entertainment which would have formed one of India’s largest entertainment…
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Saudi launches administrative court to boost investor confidence
Saudi Arabia launched on Monday its first administrative enforcement court with jurisdiction over government entities and officials in a bid…
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Saudi Arabia’s PIF three-part bond sale receives over $20 billion in orders
Saudi Arabia’s sovereign wealth fund has received orders for over $20 billion for its dollar-denominated triple-tranche bond sale announced on…
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Saudi Arabia’s Vision 2030 shines at Davos 2024
Saudi Arabia demonstrated – once again – its commitment to attracting investments to the Kingdom at this year’s Davos Forum.…
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S&P 500 surges to record high marking market rebound
Shares in the US rose to record highs on Friday, fuelled by tech stocks and rising hopes about the economy.…
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Sports Illustrated in further turmoil after AI scandal
The American sports magazine Sports Illustrated is facing further turmoil, after the media company charged with publishing the magazine has…
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Engine malfunction forces Atlas Air Boeing plane to make emergency landing in Miami
An Atlas Air Boeing 747-8 cargo plane was forced to make an emergency landing at Miami International Airport after experiencing…
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