/main-category/finance en /node/2596962/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid%C2%A0%C2%A0">Reem Walid聽聽</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-04-14 13:16</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Business conditions for Omani banks are expected to remain stable in 2025, supported by sustained high oil prices and robust economic growth, a new report revealed.聽</p> <p> Data released by Fitch Ratings indicates that the country鈥檚 growing economic diversification has strengthened its financial outlook and created new growth opportunities for banks.</p> <p> Real gross domestic product is expected to accelerate, driven by expansion in both the hydrocarbon and non-oil sectors.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/14/4591794-1360002798.jpg" width="1000" height="669" alt="" title="There are new growth opportunities for banks in Oman. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/oman-banks">Oman banks</a></div><div class="field-item odd"><a href="/tags/fitch-ratings">Fitch Ratings</a></div></div></div> Mon, 14 Apr 2025 10:26:07 +0000 owen.bennett 2596962 at /node/2596959/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity">Miguel Hadchity</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-04-14 12:41</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: A Saudi government backed venture capital firm has聽invested in over 50 funds in various sectors and stages, according to its CEO, underscoring the Kingdom鈥檚 strong commitment to fostering innovation.</p> <p> On the second day of the Human Capabilities Initiative in Riyadh, Saudi Venture Capital鈥檚 Nabeel Koshak聽emphasized the growing prominence of national startups.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/14/4591787-1828265872.png" width="1814" height="1014" alt="" title="A panel discussion titled 鈥淧owering Venture Capital Investments to Turbo Boost Innovation in HCD,鈥� during the Human Capabilities Initiative. Screenshot" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/HCI2025">HCI2025</a></div><div class="field-item odd"><a href="/tags/saudi-venture-capital">Saudi Venture Capital</a></div></div></div> Mon, 14 Apr 2025 09:51:52 +0000 owen.bennett 2596959 at /node/2596940/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/124566">Arab News Pakistan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-04-14 08:26</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> ISLAMABAD: Pakistani Finance Minister Muhammad Aurangzeb has said Islamabad was concerned about new tariffs imposed by the US administration of President Donald Trump but had no intentions of imposing reciprocal taxes, BBC reported on Sunday.</p> <p> Islamabad would have been slapped with a 29%聽tariff rate before Trump鈥檚 temporary suspension announcement on Wednesday. A 10% blanket duty on almost all US imports will remain in effect, the White House has said.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/14/4591741-1774872368.jpg" width="1405" height="884" alt="" title="Pakistan鈥檚 Finance Minister Muhammad Aurangzeb speaks during an interview at his office in Islamabad, Pakistan on July 19, 2024. (Reuters/File)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/Pakistan">Pakistan</a></div><div class="field-item even"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/pakistan">Pakistan</a></div><div class="field-item odd"><a href="/tags/us-tariffs">US tariffs</a></div></div></div> Mon, 14 Apr 2025 05:31:22 +0000 fatimah.amjad 2596940 at /node/2596846/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity">Miguel Hadchity</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-04-13 12:55</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: The Lebanese government has approved a draft law to reform and restructure the country鈥檚 banking sector, marking a significant step toward addressing the financial crisis that has persisted since 2019.</p> <p> Following a four-hour Cabinet session chaired by Prime Minister Nawaf Salam at the Grand Serail, Information Minister Paul Morcos announced that the approved legislation prioritizes protecting depositors, particularly small savers.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/13/4591494-1916406281.jpeg" width="1600" height="873" alt="" title="Following a four-hour Cabinet session chaired by Prime Minister Nawaf Salam at the Grand Serail, Information Minister Paul Morcos announced that the approved legislation prioritizes protecting depositors, particularly small savers. Supplied" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/imf">IMF</a></div></div></div> Sun, 13 Apr 2025 10:02:27 +0000 ameen.syed 2596846 at /node/2596805/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2025-04-12 22:16</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH:聽The US鈥檚 imposition of tariffs on several Middle Eastern nations signals a shift in trade dynamics, challenging traditional alliances while opening doors for new economic partnerships and diversification in the region.</p> <p> Gulf Cooperation Council nations, along with Egypt, Morocco, Lebanon and Sudan, are facing a 10 percent US tariff on exports to the US under Trump鈥檚 new trade policy, targeting what the president described as long-standing unfair practices.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/12/4591369-496565696.jpg" width="1200" height="716" alt="" title="Countries in the region are increasingly prioritizing economic diversification to lessen their dependence on traditional income sources. (SPA)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/us-tariffs">US tariffs</a></div><div class="field-item odd"><a href="/main-category/middle-east">Middle East</a></div></div></div> Sat, 12 Apr 2025 19:22:56 +0000 Sajjadkk 2596805 at /node/2596798/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/dayan-abou-tine">Dayan Abou Tine</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2025-04-12 22:09</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH:聽抖阴短视频鈥檚 banking sector experienced a surge in lending in February, with total loans reaching SR3.04 trillion ($811.46 billion) 鈥� the highest annual growth rate in more than two years at 14.89 percent.</p> <p> According to new data from the Saudi Central Bank, also known as SAMA, the increase was largely fueled by corporate borrowing, which made up 54.57 percent of the total loan portfolio, reaching SR1.66 trillion.</p> <p> This segment grew by 19.29 percent year on year, driven by sectors aligned with the Kingdom鈥檚 Vision 2030 diversification strategy.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/12/4591365-412609382.jpg" width="1200" height="722" alt="" title="Real estate lending has soared on the back of housing demand, government-backed mortgage programs, and major residential developments, particularly in Riyadh and other growing urban centers. (SPA)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-real-estate">SAUDI REAL ESTATE</a></div><div class="field-item odd"><a href="/tags/real-estate">real estate</a></div><div class="field-item even"><a href="/tags/sama">SAMA</a></div></div></div> Sat, 12 Apr 2025 19:15:09 +0000 Sajjadkk 2596798 at /node/2596669/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity%C2%A0">MIGUEL HADCHITY聽</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Fri, 2025-04-11 13:27</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: In a display of economic ambition, 抖阴短视频 and the UAE have unveiled new currency symbols for the riyal and dirham, marking a pivotal moment in their quest for global recognition.聽</p> <p> Within just a few weeks of each other, the two Gulf powerhouses introduced these symbols 鈥� a strategic move designed to elevate their currencies on the world stage, signaling modernization, stability, and a vision for the future of trade and digital finance.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/11/4591020-1949374787.jpg" width="1000" height="511" alt="" title="The new currency symbols are a calculated assertion of financial independence.聽Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/digital-currency">digital currency</a></div><div class="field-item odd"><a href="/tags/saudi-riyal">Saudi Riyal</a></div><div class="field-item even"><a href="/tags/uae-dirhams">UAE Dirhams</a></div></div></div> Fri, 11 Apr 2025 10:35:58 +0000 owen.bennett 2596669 at /node/2596558/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity">Miguel Hadchity</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-04-10 15:58</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频鈥檚 Tadawul All Share Index rose on Thursday, gaining 405.89 points, or 3.66 percent, to close at 11,502.54.聽</p> <p> The total trading turnover of the benchmark index was SR8.32 billion ($2.21billion), as 244 of the listed stocks advanced, while only 7 retreated.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/10/4590693-992412977.jpg" width="1000" height="667" alt="" title="The rebound echoes movements seen in global stock markets. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/closing-bell">Closing Bell</a></div><div class="field-item odd"><a href="/tags/saudi-stock-exchange-tadawul">Saudi Stock Exchange (Tadawul)</a></div><div class="field-item even"><a href="/tags/tadawul-all-share-index-tasi">Tadawul All Share Index (TASI)</a></div></div></div> Thu, 10 Apr 2025 13:06:37 +0000 owen.bennett 2596558 at /node/2596554/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-04-10 15:49</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频 has reaffirmed its commitment to strengthening joint Arab financial cooperation, with a leading minister emphasizing the Kingdom鈥檚 support for regional bodies.</p> <p> At the annual meetings of the joint Arab financial institutions held in Kuwait, Mohammed Al-Jadaan highlighted the pivotal role of financial bodies in enhancing regional collaborative efforts.</p> <p> The Kingdom鈥檚 finance minister called for strategic flexibility in their operations to better align with the evolving economic needs of member states amid shifting global economic conditions.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/10/4590684-1799128128.png" width="801" height="621" alt="" title="Mohammed Al-Jadaan at the meetings, organized by the Arab Monetary Fund, in cooperation with the Arab Fund for Economic and Social Development. X/@MAAljadaan" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-finance-minister-mohammed-al-jadaan">Saudi Finance Minister Mohammed Al-Jadaan</a></div><div class="field-item odd"><a href="/tags/arab-finance-ministers-council">Arab Finance Ministers Council</a></div></div></div> Thu, 10 Apr 2025 12:54:49 +0000 owen.bennett 2596554 at /node/2596542/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan%C2%A0">Nadin Hassan聽</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-04-10 13:59</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频 plans to enhance disclosure requirements for various share classes as part of a proposed regulatory overhaul to boost transparency and broaden funding options in the Kingdom鈥檚 capital markets.聽</p> <p> The Capital Market Authority has opened a 30-day public consultation, starting April 9, on a draft framework that introduces stricter reporting rules for traditional, redeemable, and convertible share classes.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/10/4590651-299375078.png" width="731" height="398" alt="" title="The move is part of the CMA鈥檚 strategy to support capital formation, facilitate fundraising for companies, and improve the overall regulatory environment.聽File" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/capital-market-authority-cma">Capital Market Authority (CMA)</a></div><div class="field-item odd"><a href="/tags/saudi-stock-exchange-tadawul">Saudi Stock Exchange (Tadawul)</a></div></div></div> Thu, 10 Apr 2025 11:08:31 +0000 owen.bennett 2596542 at /node/2596538/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-04-10 13:18</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Egypt鈥檚 annual inflation rate rose to 13.1 percent in March, up from 12.5 percent in the previous month, according to the latest official data.聽</p> <p> The monthly consumer price index also increased by 1.5 percent compared to February, reaching 250.6 points, Egypt鈥檚 Central Agency for Public Mobilization and Statistics reported.聽</p> <p> Higher prices in key food categories including fruits, vegetables, and meat, drove the change, with some items experiencing double-digit year-on-year surges.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/10/4590643-537485431.jpg" width="1000" height="667" alt="" title="Year-on-year prices for fruits soared by 76.7 percent, according to the latest data. Shuttertock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/egypt-economy">Egypt economy</a></div><div class="field-item odd"><a href="/tags/inflation">Inflation</a></div></div></div> Thu, 10 Apr 2025 10:22:36 +0000 owen.bennett 2596538 at /node/2596437/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-09 16:42</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频鈥檚 Tadawul All Share Index concluded Wednesday鈥檚 trading session at 11,096.65 points, marking a decrease of 206.11 points, or 1.82 percent.</p> <p> The total trading turnover of the benchmark index was SR6.83 billion ($1.82 billion), as 23 stocks advanced, while 225 retreated.</p> <p> The MSCI Tadawul Index also declined by 23.02 points, or 1.61 percent, to close at 1,409.46.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/09/4590400-904785692.png" width="670" height="421" alt="The total trading turnover of the benchmark index was SR6.83 billion ($1.82 billion), as 23 stocks advanced, while 225 retreated. File" title="The total trading turnover of the benchmark index was SR6.83 billion ($1.82 billion), as 23 stocks advanced, while 225 retreated. File" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/tasi">TASI</a></div><div class="field-item odd"><a href="/tags/nomu">NOMU</a></div><div class="field-item even"><a href="/tags/msci">MSCI</a></div></div></div> Wed, 09 Apr 2025 13:44:22 +0000 shahrukh.jamshed 2596437 at /node/2596425/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/225841">Reuters</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-09 15:09</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> KUWAIT CITY: Lebanon鈥檚 Finance Minister Yassine Jaber told Reuters that he expected a banking secrecy law to be passed in parliament within days.</p> <p> Speaking to reporters in Kuwait, where he is attending meetings of Arab financial institutions, Jaber said: 鈥淢y expectation is that it will pass鈥攊f not tomorrow, then the day after... it will definitely be approved.鈥�</p> <p> Jaber also criticized certain Lebanese officials for using banking secrecy laws as a pretext to withhold information, particularly pointing to former Central Bank Gov. Riad Salameh.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/09/4590378-1777997307.jpg" width="1920" height="1080" alt="Speaking to reporters in Kuwait, where he is attending meetings of Arab financial institutions, Jaber said: 鈥楳y expectation is that it will pass鈥攊f not tomorrow, then the day after... it will definitely be approved.鈥�" title="Speaking to reporters in Kuwait, where he is attending meetings of Arab financial institutions, Jaber said: 鈥楳y expectation is that it will pass鈥攊f not tomorrow, then the day after... it will definitely be approved.鈥�" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/lebanon">Lebanon</a></div><div class="field-item odd"><a href="/tags/reforms">reforms</a></div><div class="field-item even"><a href="/category/tags/imf">IMF</a></div><div class="field-item odd"><a href="/tags/banking">banking</a></div></div></div> Wed, 09 Apr 2025 12:11:56 +0000 shahrukh.jamshed 2596425 at /node/2596397/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity">Miguel Hadchity</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-09 12:24</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频 recorded SR10.5 billion ($2.8 billion) in point-of-sales transactions in the week ending April 5 with only restaurants and cafes witnessing a positive change, according to the latest figures from the Saudi Central Bank, also known as SAMA.</p> <p> The dip in the overall spending can be attributed to the almost week-long Eid break in the Kingdom. Following Eid Al-Fitr, POS transactions dropped by 47.6 percent, data showed.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/09/4590429-1588053016.jpeg" width="2200" height="1467" alt="Spending in restaurants and cafes was the only sector to record a rise, with the value of transactions increasing by 2.6 percent to SR2.23 billion. AFP" title="Spending in restaurants and cafes was the only sector to record a rise, with the value of transactions increasing by 2.6 percent to SR2.23 billion. AFP" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/point-sale">point of sale</a></div><div class="field-item odd"><a href="/tags/pos">PoS</a></div><div class="field-item even"><a href="/tags/saudi-central-bank-sama">Saudi Central Bank (SAMA)</a></div></div></div> Wed, 09 Apr 2025 09:31:38 +0000 owen.bennett 2596397 at /node/2596314/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri-0">Nour El-Shaeri</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-04-08 18:24</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频 is exploring the introduction of a new investment product in the parallel market, Nomu, to foster private sector listings through special purpose acquisition companies.</p> <p> The Capital Markets Authority has launched a public consultation on the proposed regulatory framework for SPACs, inviting feedback as part of its efforts to expand investment opportunities and drive market growth.</p> <p> This initiative seeks to address the financing needs of the economy while diversifying investment products and enhancing the depth of the capital market.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/08/4590075-1531502272.jpg" width="1920" height="1120" alt="The Capital Markets Authority has launched a public consultation on the proposed regulatory framework for SPACs. File" title="The Capital Markets Authority has launched a public consultation on the proposed regulatory framework for SPACs. File" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/finance">Finance</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/nomu">NOMU</a></div><div class="field-item odd"><a href="/tags/spacs-0">SPACs</a></div><div class="field-item even"><a href="/tags/capital-market-authority">Capital Market Authority</a></div><div class="field-item odd"><a href="/tags/listings">listings</a></div></div></div> Tue, 08 Apr 2025 15:27:27 +0000 shahrukh.jamshed 2596314 at