Saudi Arabia - Global Business Magazine

Explainer: Why $100 oil could hurt the energy transition more

Global Business Magazine March 3, 2022

The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile Read More

Business Breaking News Featured Regional

UAE Has Adequate Food Stocks “For A Long Time,” Says

Global Business Magazine March 2, 2022

Allaying fears over the likely shortage of wheat, corn and other essential commodities, the government on Wednesday assured that it had enough Read More

Finance Featured News Regional

Gulf stocks rise as oil zooms past $110

Global Business Magazine March 2, 2022

Middle East stock markets rose on Wednesday as oil prices skyrocketed past $110 a barrel on worries over the impact of aggressive sanctions Read More

Finance Featured News Regional

Saudi Arabia’s TASI closes at 12,674 points, the highest since

Global Business Magazine March 2, 2022

The Tadawul All Share Index (TASI), Saudi Arabia’s main stock market indicator, increased by 0.67%, or 84 points, to reach 12,674 on Tuesday, rising Read More

Banking Featured News Regional

Qatar National Bank Ranked No 1 In Middle East During

Global Business Magazine March 2, 2022

Doha-based Qatar National Bank (QNB) has topped the list in the Middle East rankings for third successive year in The Banker’s Read More

Global Desalination Projects Market Set To Grow Especially In MENA

Global Business Magazine March 1, 2022

The global water desalination market industry is growing, especially in the MENA region where 12 of the 17 most water-stressed countries are located.Read More

Finance News Regional

Pharmacy firm Nahdi aims to raise up to $1.36 bln

Global Business Magazine March 1, 2022

Nahdi Medical Co, Saudi Arabia's market leader in retail pharmacies, aims to raise up to 5.11 billion riyals ($1.36 billion) in the country's biggest Read More