Saudi Arabia Financial News

That makes the combined UAE market, which includes exchanges in Dubai and Abu Dhabi, bigger than Milan or Madrid. While dwarfed by the nearly $3 trillion Saudi Arabian bourse, the UAE is larger than most emerging markets, barring a few like India and China, according to data compiled by Bloomberg.

Jennifer Lopez made a dazzling return to the stage at Elie Saab's 45th anniversary runway show in Riyadh, Saudi Arabia during the month of November in spite of having canceled her This Is Me...Now Tour, reported Marie Claire. The performance eventually featured Jennifer Lopez emerging from the rafters on a levitating platform while being adorned in a stunning bodysuit and fringed cape designed by Saab. According to Marie Claire, the set of Jennifer Lopez included hits like ‘I Will Survive’, ‘On the Floor’ and ‘Let's Get Loud’ while she totally captivated the audience alongside other stars such as Celine Dion, Halle Berry and Camila Cabello. Also Read: When and why is Amazon shutting down Freevee?

Jared Kushner, who is the son-in-law of US President- elect Donald Trump is eventually expected to play a pretty pivotal role in shaping the incoming administration's Middle East policy in spite of not holding an official position, reported CNN. According to CNN, the regional diplomats and Donald Trump allies put an emphasis on Jared Kushner's unique ability to foster trust and maintain relationships with key leaders in the region, which he actually developed during his previous tenure as the Chief Middle East negotiator. Also Read:What will Elon Musk do in the new department DOGE? Trump wants overhaul; here's what could be on the chopping block

Rishabh Pant, one of India’s most explosive wicketkeeper-batters, was one of the shocking names that appeared in the list of players who were released by their franchises during the annual retention activity ahead of Indian Premiere League's mega auction event. The former DC skipper is expected to be the most expensive buy for the teams in Saudi Arabia as he a base price of Rs 2 crore set against him. The wicketkeeper who bounced back after life threatening accident became the face of Delhi Capitals (DC) over the last few years, clocking an impressive IPL record, scoring 3,284 runs in 111 matches at an average of 35.31, with a career-best of 128* and a commendable strike rate.

Bitcoin saw profit-taking on Friday, trading below $87,500. As of 10:52 am IST, Bitcoin was down 2.7%, trading at $87,498, while Ethereum dropped 5.6% to $3,044 in the last 24 hours.

Lenovo will further diversify its supply chain and plans to open more manufacturing facilities outside China amid global geopolitical uncertainty, Chairman Yang Yuanqing said. Lenovo, the world's largest PC maker, has most of its plants in China, a common situation in the electronics industry that creates potential vulnerability as US President-elect Donald Trump threatens to impose 60% tariffs on Chinese imports. Yang told Reuters that while it's too early to predict the new US administration's policies, Lenovo has an advantage over competitors in hedging such risks through its more diversified manufacturing base and sourcing strategy, as well as balanced regional revenue streams.

GlobalBees, the house of brands subsidiary of baby and mother care products retailer FirstCry, has reported a 55% revenue growth of Rs 432.5 crore in the fiscal year ending March 2024, outperforming similar brands that have seen slower growth amid a consumption downturn. The adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for GlobalBees also surged by 154% year-on-year (YoY). While this growth aligns with the overall business expansion of the Pune-based company, which operates in India and Saudi Arabia, the management noted that increased seasonal sales significantly boosted this subsidiary's growth.

Subscribe to enjoy similar stories. The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed and in recent days the world’s largest construction project replaced its chief executive of six years.

security of the nation. The agricultural sector, which supports over 50% of India’s workforce, is especially vulnerable to land degradation.

Ricky Ponting and his longtime teammate Justin Langer could potentially miss out commentating on the opening Test against India at Perth, starting November 22, due to commitments with their respective IPL teams for the mega auctions in Saudi Arabia's Jeddah on November 24 and 25. According to Australian newspaper 'The Age', «Channel Seven could be without Ricky Ponting and Justin Langer for parts of the Perth Test due to a clash of commitments, and Australia may lose a vital backroom coach for the start of the blockbuster Border-Gavaskar series in a potential stand-off with Indian cricket.» Ponting, who has been appointed the head coach of Punjab Kings and Langer, who will be in his second season with Lucknow Super Giants, could be present at the IPL auction table for their respective franchises along with Australian team assistant coach Daniel Vettori, who is in-charge of Sunrisers Hyderabad.

Diddy's notorious freak-offs are being revealed by a guest, as quoted in a report by the Miami Herald. According to Tanea Wallace, who makes an appearance on «TMZ Presents The Downfall of Diddy,» a Saudi prince flew her and a friend to Miami in 2018 for a party at the rapper's mansion on Star Island. The singer-songwriter claimed to have seen a few celebrities, including one famous rapper, after leaving her phone at the door. The late-night/early-morning event, according to Wallace, was pretty crazy, and many of them appeared intoxicated.

Gaza and it has consistently stood for resolution of the Palestinian issue through a two-state solution, External Affairs Minister S Jaishankar said on Wednesday. In his opening remarks at a meeting with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, Jaishankar said the situation in West Asia is a matter of «deep concern», particularly the conflict in Gaza. The external affairs minister described Saudi Arabia as an important force for stability in the region. Jaishankar and Al Saud co-chaired the second meeting of the Committee on Political, Security, Social and Cultural Cooperation (PSSC) held under the framework of the Strategic Partnership Council (SPC).

Faisal bin Farhan Al Saud in the national capital. The two leaders held deliberations during the second meeting of the Political, Security, Social and Cultural Committee of the India-Saudi Arabia Strategic Partnership Council (SPC). «Delighted to co-chair along with FM @FaisalbinFarhan of Saudi Arabia the 2nd Meeting of the Committee on Political, Security, Social and Cultural Cooperation #PSSC under our Strategic Partnership Council in Delhi today. Held productive discussions on our multi-faceted bilateral ties including defence partnership, security cooperation, trade & investment, culture, tourism & youth exchanges and our people to people connections. We also exchanged views on regional and international issues, especially the ongoing conflict in West Asia and our joint efforts in various multilateral fora,» Jaishankar said in a post on X.

FIFA must halt the process to pick Saudi Arabia as hosts of the 2034 World Cup unless major human rights reforms are announced before the vote next month, Amnesty International and the Sport & Rights Alliance (SRA) have said. Soccer's world governing body awarded the 2030 World Cup to Morocco, Spain and Portugal in October last year while Saudi Arabia is the lone bidder for the 2034 edition. Amnesty and the SRA said they had evaluated the human rights strategies proposed by the bidding countries and concluded in a new report that neither bid adequately outlined how they would meet the human rights standards required by FIFA.

quarter, mainly on account of fall in income. It had posted Rs 386.57 crore net profit for July-September 2023, the company said in an exchange filing. Total income declined to Rs 3,364.23 crore from Rs 4,161.41 crore in the second quarter last fiscal.

Donald Trump and several of his allies have continued to engage with the most powerful and wealthy Gulf countries, forging multi-million dollar business deals and engaging in quiet, behind-the-scenes diplomacy.

Maruti Suzuki India is targeting markets like UAE, Saudi Arabia, Chile, Mexico and other Latin American countries with its upcoming new version of compact sedan Dzire to accelerate exports as it eyes over 3 lakh units of overseas shipments this fiscal, a senior company official said on Wednesday. In the domestic market, the company hopes to enhance its share in the sedan market amid the passenger vehicles market shifting towards SUVs (Sports Utility Vehicles), with the new Dzire which is slated for launch next week.

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues

Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year