Business

Saudi Stock Market Index Closes Lower by 58 Points

Riyadh: The main Saudi stock index closed Wednesday down 58.51 points, reaching 10,847.93 points, with trading valued at SAR 3.7 billion.

According to Qatar News Agency, daily economic bulletin for the Saudi stock market, 167 million shares were tr…

Oil Prices Hover Near Seven-Month Highs Amid US-Iran Tensions

Oil: Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict between the US and Iran that could disrupt supply continues to worry investors even as talks between the parties are set for Thursday.

According to…

Oman Oil Price Drops

Muscat: The official price of Oman crude oil for November delivery decreased by USD 2.38 to USD 119.30 per barrel on Thursday, compared to the previous day’s price of USD 121.68.

According to Qatar News Agency, the monthly average price for Oman cru…

Jordan Advances Digital Financial Solutions to Regional Markets

Amman: Amid the rapid shift toward the digital economy globally, fintech has been one of the key drivers reshaping the financial sector in Jordan, undergirded by a sophisticated infrastructure in electronic payment systems, alongside a flexible regula…