Author: admin

Saudi Arabia’s main stock index fell today by 214.60 points, reaching a level of 11,167.48 points, with a trading value worth 4.4 billion riyals.According to the Saudi Press Agency’s daily economic bulletin for the Saudi stock market, stock trading volume reached 208 million shares, of which 33 companies’ stocks recorded gains, while 227 companies’ stocks decreased.In trading, the stocks of the companies Medgulf Insurance, Al Asir, Avalon Pharma, Al Ahli REIT 1 and Al Drees increased the most, while the stocks of the companies AMAC, Maaden, Sadak, Nadek and Al Thamer decreased the most, with the rate of change ranging…

If there’s one thing that’s become clear over the past few years, it’s that people in the UAE want more control over the way they live their lives. They seek access to the city when they need it, but when they don’t they seek space, nature, and tranquility. Tiger Downtown Ajman is exactly the answer to that change. This new lagoon-front master community in Al Ahlia is planned around a 13,795 square meter private lagoon, 76 buildings, a waterfront promenade, parks, and more than 25 properties mixed with an urban grid of cafes and shops. It is being developed by…

The Saudi-led GCC debt and capital market has kicked off the year with its most bullish start yet, raising more than $30 billion in January, allaying concerns about geopolitical rivalry. “Ten Saudi issuers have already entered the market in January, the best supply month in Saudi history, averaging almost $1 billion a day. The previous record for January was $19 billion in 2025,” Victor Murad, co-head of CEEMEA debt financing at Citi, told Zawya. Earlier this month, Saudi Arabia raised $11.5 billion in four-part bonds, prompting other Saudi countries to visit the market early. On January 21, Saudi Arabia’s $1…

Al Hilal club announced the signing of young striker Mohamed Kader Maiti, who came from French club Stade Rennes during the winter transfer window.Transaction detailsThe club announced in a statement on its website: The Board of Directors of Al Hilal Club Company, headed by Prince Nawaf bin Saad, has announced that it has completed the process of signing a contract to transfer French striker Mohamed Kader Meiti from Stade de Rennes in France to Al Hilal First Football Team on a three-and-a-half year loan.Miti, 18, is considered one of the most prominent young players in the French league. He reached…

A recent scientific study published in Scientific Reports, an international peer-reviewed journal, uses artificial intelligence and machine learning models within the framework of Saudi Vision 2030 to reveal advanced results predicting tourism growth in the Kingdom of Saudi Arabia until 2034.The study, produced by a research team from Saudi and international universities, was based on official data on tourist movements in Saudi cities for the period 2021-2023 and focused on analyzing tourism demand in light of the major transformations seen in the tourism sector, one of the pillars of Saudi economic diversification.The study presents long-term projections showing that the Kingdom’s…

Spaniard Carlos Alcaraz was crowned Australian Open Tennis Champion after defeating Serbia’s Novak Djokovic (2-6, 6-2, 6-3, 7-5) in the final at Melbourne’s Rod Laver Arena yesterday (Sunday). historical feat With this coronation, Alcaraz became, at 22 years and 272 days old, the youngest player in tennis history to win all four Grand Slam tournaments: His victories at the Australian Open, French Open (Roland Garros), Wimbledon and US Open broke the 87-year-old record set by American Don Budge in 1938 at the age of 22 years and 363 days. Djokovic stripped of 25th titleAlcaraz also stopped rival Djokovic from achieving…

The eight members of the OPEC+ group, including the Kingdom of Saudi Arabia, Russia, Iraq, the United Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which had announced additional voluntary amendments in April and November 2023, met via video conference on February 1, 2026 to consider oil market trends and their future prospects.On November 2, 2025, the eight participating countries reaffirmed their decision to suspend production increases during March 2026, taking into account seasonal factors.The eight participating countries reaffirmed that the cuts amounting to 1.65 million barrels per day could be partially or fully restored in stages depending on market variables.maintain complete…

Councilor Turki bin Abdul Mohsen Al Al-Sheikh, Chairman of the Board of Directors of the General Entertainment Authority (GEA), expressed his heartfelt gratitude to the Custodian of the Two Holy Mosques and the Crown Prince, Godfather of Vision, for the generous support that contributed to the success of hosting the “SmackDown” and “Royal Rumble WWE” shows, stressing that this event reflects the Saudi position and the global one. Provide leadership in planning the largest sporting and entertainment events.This was posted by him on the ‘X’ platform and was attached to a photo from the event that showed the Kingdom of…

The United Nations Trade and Development Agency (UNCTAD) has confirmed that Saudi Arabia is one of the first countries in the world to work on creating a scientific and reliable methodology to measure the volume and value of e-commerce in accordance with best international standards and practices.This was announced during a workshop held as part of the 68th regular meeting of the Electronic Commerce Council, which was attended by 25 government agencies and a number of Council members, led by Minister of Commerce Dr. Majid Al Qasabi.frameworkUNCTAD experts indicated that the organization is collaborating with the Kingdom on a comprehensive…

The 64th meeting of the Joint Ministerial Monitoring Committee was held via video conference on Sunday, 13 Shaban, 1447, corresponding to 1 February 2026, during which the Committee considered the crude oil production data for November and December 2025 and noted the commitments of OPEC and non-OPEC oil producing countries to participate in the Declaration of Cooperation.The Committee also reviewed the updated compensation schedule, reiterating the critical importance of achieving full compliance and compensation.production adjustmentThe Committee confirmed that it will continue to monitor compliance with the production adjustments agreed at the 38th Ministerial Meeting of OIC Member States and non-OIC…