Finance

Thu, 2025-07-31 13:42

RIYADH: ��’s economy expanded by 3.9 percent year on year in the second quarter of 2025, led by a strong performance in non-oil sectors, official data showed.

According to flash estimates from the General Authority for Statistics, growth in non-oil activities reached 4.7 percent, outpacing the 3.8 percent expansion in the oil sector and a 0.6 percent rise in government services.

The non-oil sector contributed the largest share to GDP growth, adding 2.7 percentage points, followed by oil activities at 0.9 percentage points.

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Saudi General Statistics Authority (GASTAT)

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Saudi economy

GASTAT

Saudi GDP

Closing Bell: ��’s TASI ends higher in green at 110,914

sarah.glubb — Wed, 30 Jul 2025 14:22:10 +0000

article author:

Nadin Hassan

Author:

Wed, 2025-07-30 17:14

RIYADH: ��’s Tadawul All Share Index closed Wednesday’s trading session higher at 10,914.38, marking an increase of 90.47 points, or 0.84 percent.

The total trading turnover of the benchmark index reached SR4.32 billion ($1.15 billion), with 145 stocks advancing and 100 declining.

The MSCI Tadawul Index also rose, climbing 13.03 points, or 0.93 percent, to close at 1,407.08.

The Kingdom’s parallel market Nomu gained 83.19 points, or 0.31 percent, to close at 26,809.08. A total of 35 stocks advanced, while 36 retreated.

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Saudi Stock Exchange (Tadawul)

MSCI 30 Tadawul Index

NOMU

Tadawul All Share Index (TASI)

Tadawul

Education spending drives Saudi POS transactions to $3.16bn

sarah.glubb — Wed, 30 Jul 2025 11:32:38 +0000

article author:

Miguel Hadchity

Wed, 2025-07-30 14:28

RIYADH: Education spending in �� increased by 3.6 percent in the week ending July 26, driving total point-of-sale transactions to SR11.87 billion ($3.16 billion), even as most other sectors saw declines.

Total POS value remained above the $3 billion mark for the fifth consecutive week despite a 2.7 percent weekly drop, underscoring the resilience of consumer activity across the Kingdom, according to data from the Saudi Central Bank, also known as SAMA.

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Boursa Kuwait net profit surges 61% in H1

owen.bennett — Wed, 30 Jul 2025 10:19:06 +0000

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Author:

Wed, 2025-07-30 13:06

RIYADH: A rise in operating revenues and profitability drove Boursa Kuwait’s net profit to 15.11 million Kuwaiti dinars ($49.4 million) in the first half of 2025 — a 61.12 percent annual increase.

The growth was underpinned by a 41.13 percent year-on-year rise in total operating revenues to 24.20 million dinars, alongside a 59.53 percent boost in operating profit to 18.47 million dinars, according to a release.

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Boursa Kuwait

GCC inflation remains stable through Q2 despite geopolitical instability: Kamco Invest

sarah.glubb — Tue, 29 Jul 2025 15:09:08 +0000

article author:

Reem Walid

Tue, 2025-07-29 17:54

RIYADH: Gulf Cooperation Council inflation rates remained stable throughout the second quarter of 2025 despite heightened geopolitical instability, a new report showed.

According to the latest analysis by Kuwait-based non-banking firm Kamco Invest, Dubai recorded a monthly inflation rate of 2.4 percent in June, unchanged from May, followed by �� and Kuwait, both registering inflation rates of 2.3 percent in June.

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Gulf Cooperation Council (GCC)

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Kamco Invest

Inflation

Closing Bell: TASI ends in red at 10,823

owen.bennett — Tue, 29 Jul 2025 13:38:12 +0000

article author:

Nadin Hassan

Author:

Tue, 2025-07-29 16:28

RIYADH: ��’s Tadawul All Share Index closed Tuesday’s trading session at 10,823.91, marking a decline of 61.41 points, or 0.56 percent.

The total trading turnover of the benchmark index reached SR4.41 billion ($1.17 billion), with 52 stocks advancing and 199 retreating.

The MSCI Tadawul Index also declined, dropping 5.36 points, or 0.38 percent, to close at 1,394.05.

The Kingdom’s parallel market Nomu fell by 55.39 points, or 0.21 percent, closing at 26,725.89. A total of 22 stocks advanced, while 51 declined.

Main category:

Saudi Stock Exchange (Tadawul)

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Closing Bell

�� tops MENA private equity activity in H1: MAGNiTT

owen.bennett — Tue, 29 Jul 2025 11:02:00 +0000

article author:

Tue, 2025-07-29 13:50

RIYADH: �� emerged as the most active private equity market in the Middle East and North Africa during the first half of 2025, accounting for 45 percent of all recorded transactions.

According to MAGNiTT’s MENA Private Equity Report, the Kingdom posted 13 deals, an 8 percent increase year on year, outpacing the UAE, which recorded 12 transactions, representing a 25 percent annual decline.

Combined, the two markets comprised 86 percent of total regional PE deal activity, highlighting their growing dominance in the MENA investment landscape.

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Closing Bell: Saudi main market closes lower at 10,885

owen.bennett — Mon, 28 Jul 2025 13:59:15 +0000

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Author:

Mon, 2025-07-28 16:53

RIYADH: ��’s Tadawul All Share Index closed lower on Monday, falling 70.90 points, or 0.65 percent, to end the session at 10,885.32.

The total trading turnover on the main market reached SR4.61 billion ($1.2 billion), with 546.78 million shares traded. A total of 72 stocks advanced while 177 declined.

The MSCI Tadawul 30 Index also dropped, losing 10.55 points, or 0.75 percent, to close at 1,399.41.

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Saudi Stock Exchange (Tadawul)

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Closing Bell

Expat remittances in �� jump 21% in May to over $4bn

sarah.glubb — Mon, 28 Jul 2025 12:02:41 +0000

article author:

Dayan Abou Tine

Author:

Mon, 2025-07-28 14:42

RIYADH: Expatriate remittances from �� rose to SR15.2 billion ($4.05 billion) in May, marking a 21 percent increase compared to the same month last year.

According to data by the Saudi Central Bank, also known as SAMA, transfers by non-Saudis reached nearly SR70 billion during the first five months of 2024, an annual rise of almost 26 percent.

Money sent abroad by Saudi citizens reached SR29.8 billion, up 13 percent year on year, the central bank’s monthly bulletin showed.

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Saudi expats

Expatriate remittances

Saudi remittances

remittances

��

Jordan’s total exports rise 8.5% YoY in first 5 months

sarah.glubb — Mon, 28 Jul 2025 11:35:04 +0000

article author:

Reem Walid

Mon, 2025-07-28 14:17

RIYADH: Jordan’s total exports rose 8.5 percent year on year in the first five months of 2025 to 3.94 billion Jordanian dinars ($5.55 billion), driven by robust growth in national shipments, official data showed.

According to the monthly foreign trade report issued by the Department of Statistics, national exports climbed 9.2 percent during the January–May period to reach 3.58 billion dinars, while re-exports increased 2.3 percent to 360 million dinars, Jordanian news agency Petra reported.

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Saudi regulator eases approval process for rated debt issues

sarah.glubb — Mon, 28 Jul 2025 10:27:48 +0000

article author:

Dayan Abou Tine

Mon, 2025-07-28 13:16

RIYADH: Public debt issuers in �� can now expect faster regulatory reviews if their offerings carry a credit rating, as the Kingdom moves to boost issuance and expand its fixed-income investor base.

The Capital Market Authority has introduced a fast-track mechanism for public debt offering applications that agencies licensed by the regulator have rated. The incentive will remain in effect through the end of 2026, according to a press release.

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Capital Market Authority (CMA)

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��

saudi debt markets

Saudi PIF named most valuable and fastest-growing sovereign wealth fund

owen.bennett — Mon, 28 Jul 2025 10:03:22 +0000

article author:

Mon, 2025-07-28 12:55

RIYADH: ��’s Public Investment Fund has been named the most valuable and fastest-growing sovereign wealth fund in the world, with a brand value of $1.2 billion, a new report showed.

According to Brand Finance’s 2025 Asset Management and Sovereign Wealth Fund 50 report, PIF also secured seventh place globally in brand value-to-assets under management ratio, making it the only fund to enter the top 10 across both asset management and SWF categories.

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Saudi Public Investment Fund (PIF)

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Brand Finance

PIF

Closing Bell: Saudi main index rises to close at 10,956

shahrukh.jamshed — Sun, 27 Jul 2025 13:39:47 +0000

article author:

Reem Walid

Author:

Sun, 2025-07-27 16:36

RIYADH: ��’s Tadawul All Share Index rose on Sunday, gaining 10.42 points, or 0.10 percent, to close at 10,956.22.

Total trading turnover of the benchmark index reached SR3.46 billion ($924 million), with 145 stocks advancing and 97 declining.

Similarly, the Kingdom’s parallel market Nomu climbed 92.76 points, or 0.34 percent, to close at 26,991.01, as 47 stocks advanced while 39 retreated.

The MSCI Tadawul Index also posted gains, adding 1.89 points, or 0.13 percent, to finish at 1,409.96.

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GCC economy grows 1.5% to $588bn in Q4 2024 on non-oil expansion

sarah.glubb — Sun, 27 Jul 2025 13:34:43 +0000

article author:

Nadin Hassan

Sun, 2025-07-27 16:29

RIYADH: The Gulf Cooperation Council’s economy grew 1.5 percent year on year in the fourth quarter of 2024, reaching $587.8 billion, driven by a surge in non-oil activity, official data showed.

According to the GCC Statistical Center, the increase from $579 billion in the fourth quarter of 2023 highlights the region’s ongoing shift toward diversification, with non-oil sectors contributing 77.9 percent of total output, while oil accounted for 22.1 percent.

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