Saudi Arabia Financial News

03.11 / 06:45
markets UPS Digital Discover Experts PAM social 4,000-year-old ancient settlement discovered in Saudi Arabia’s Khaybar Oasis, sheds light on early urban life
fortified town in northwest Saudi Arabia, shedding light on the transition from nomadic to urban lifestyles. This significant discovery, located in the oasis of Khaybar, reveals the early social complexity and urban planning of ancient societies. A study published in PLOS One indicates that the town supported up to 500 residents and played an essential role in the region's history. «Preliminary archaeological survey and soundings have revealed a fortified 2.6-hectare town built around 2400-2000 BCE that lasted until at least 1500 BCE and possibly 1300 BCE but with possible interruptions, functionally subdivided into a residential area, a probable decision-making zone, and a necropolis,» the study stated.
02.11 / 06:31
markets Google Experts RAI reports Schools IPL 2025: Rishabh Pant, KL Rahul, Ishan Kishan to be hot properties at auction as franchises search for captains and wicket-keepers
mega auction. Post the revelations, most teams find themselves needing to find a captain and a wicket-keeper in the auction in Riyadh, Saudi Arabia, that is scheduled in the last week of November. Players like Rishabh Pant, KL Rahul and Shreyas Iyer will be the hot picks at the event.
31.10 / 13:45
markets Action Racing Election President reports donates Trump and Harris in a dead heat: Billionaire Ken Griffin says the ex-President is expected to win the U.S election
Republican Party Ken Griffin expects that former US President Donald Trump is likely to win the upcoming US Presidential election on November 5, reported Fortune. In a panel discussion at Future Investment Initiative Summit in Saudi Arabia, he added that Donald Trump has successfully gained momentum in the recent polls and he is certainly leading up the prediction markets up to the US Presidential Election day. Fortune reported that Ken Griffin is positively known as a significant contributor in the committees of Republican political action who donates $100 million approximately during the cycle of every election. But lately he has also been seen to be refrained from directly supporting the campaign of Republican Presidential candidate Donald Trump as he focuses on the candidates who belong to the military and business backgrounds in the primary races. The US Presidential race remains competitive despite the rising popularity of Republican Presidential nominee Donald Trump. Several polls coming from the sources like the New York Times/Siena College and Reuters/Ipsos show that there is a narrow lead held by US Vice President Kamala Harris over Donald Trump.
31.10 / 00:53
Hollywood UPS film Courts Investigations Scandals Malaysian court orders Najib to enter defense in his 2nd graft trial linked to 1MDB scandal
Malaysia's High Court has ordered imprisoned former Prime Minister Najib Razak to enter a defense in his second corruption trial over the multibillion-dollar looting of the 1MDB state investment fund
30.10 / 17:29
Aviat Manufacturing CEO Airlines Strategy economy Boeing Saudi startup Riyadh Air orders 60 Airbus A321neo planes
Saudi startup airline Riyadh Air has ordered 60 Airbus aircraft
30.10 / 17:09
markets Reuters Analysis Research Trade Experts reports Oil rises 2% as US stockpiles drawdown, OPEC+ mulls output hike delay
Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on reports that OPEC+ may delay a planned oil output increase. After falling more than 6% earlier in the week on the reduced risk of wider Middle East war, Brent crude futures gained $1.81, or 2.5%, to $72.93 a barrel by 11:30 a.m. EDT (1530 GMT). U.S. West Texas Intermediate crude rose $1.85, or 2.8%, to $69.06.
30.10 / 13:45
markets Strategy awards wellness Trade country Schools India not looking at US-China tension as source of benefit, aims to thrive on own strength: Piyush Goyal
democratic institutions, robust rule of law, and talented youth, Commerce and Industry Minister Piyush Goyal said on Wednesday. Speaking at the eighth Future Investment Initiative (PII) Plenary in Riyadh (Saudi Arabia), he said India offers huge opportunities and the world is building stronger ties with the emerging markets. «India does not look at the US-China tensions as a source of benefit. We believe we can stand on our own feet, on the strength of our democracy, the rule of law that we offer, the strength of our young population, and our demographic dividend works well. It is talented, spirited and aspirational,» the minister said. He was replying to a question about huge economic potential in the country and India is one of the major beneficiaries of the developments in the world like US-China trade tensions.
30.10 / 03:37
markets Digital Career Discover Death film reports Nishad Yusuf death: Editor of Suriya’s Kanguva and Mammootty’s Bazooka found dead in Kochi flat
Malayalam film editor Nishad Yusuf, aged 43, was discovered dead at his residence in Panampilly Nagar, Kochi, around 2 a.m. on Wednesday, news reports said. His sudden demise has sent shockwaves across the film industry, leaving fans and colleagues in grief. Nishad Yusuf had built an impressive career, earning acclaim for his editorial work on notable films like Thallumaala and Unda. His exceptional editing skills in Thallumaala earned him a prestigious State Award. Recently, he had worked on high-profile projects including Mammootty’s Bazooka and Suriya’s upcoming film Kanguva, scheduled to release on November 14. He was also involved in several other projects, including Operation Java, Saudi Vellakka, One, Chaveer, Ramachandra Boss & Co, Udal, Adios Amigo, Alangam, Exit, and One Thousand Lies.
29.10 / 20:43
CEO JPMorgan economy BlackRock show reports Interviews Larry Fink says Fed won't cut interest rates as much as people think, warns inflation 'embedded'
Saphyre Vice Chairman Wolfgang Koester details his excitement around the fin-tech sector, looks ahead to this weeks earnings and previews the October jobs report.
28.10 / 10:35
UPS Food DISH Instagram country beautiful A viral café from London opens in India
Subscribe to enjoy similar stories. With every restaurant opening, there seems to be a renewed focus on aesthetics, signifying they’re catering to diners who eat with their camera first. This month, one of the pioneers of the Instagram café phenomenon unveiled its first outlet in India.
28.10 / 02:11
UPS security Southern Trade War show country The Middle East drug fueling war, crime and all-night parties
Subscribe to enjoy similar stories. Another urgent conflict in the Middle East is playing out on the border between Syria and Jordan: a war against captagon, an amphetamine-like drug that’s taken off across the region. The drug cuts across social class and borders.
25.10 / 11:49
markets Digital PAM country Olympics Sporting Gymnast Dipa Karmakar's coach Bishweshwar Nandi joins BJP in Tripura
Bishweshwar Nandi, the coach of gymnast Dipa Karmakar who won bronze in the 2014 Commonwealth Games, joined the BJP in a simple ceremony at his residence here on Friday. Agartala Mayor and BJP MLA Dipak Majumder welcomed Nandi to the party. «I am deeply influenced by how the BJP is managing the country, whether in sports or other areas, which is why I joined the party,» said Nandi, a Dronacharya award recipient for his exceptional contributions to gymnastics. He recently participated in a virtual meeting with the Union Sports Minister to discuss India's preparations for the 2036 Olympics.
23.10 / 21:43
Cooper Action economy President country peace Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders
Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to challenge Western global clout
23.10 / 13:13
FIVE Cooper economy Sustainability President country International President Xi Jinping asks BRICS to respond to requests of countries to join bloc
Xi Jinping said Wednesday that the ongoing BRICS summit here has decided to invite a number of nations to become partner countries and called on the grouping to actively respond to the requests of countries of the Global South to join the bloc. BRICS consisting of Brazil, Russia, India, China and South Africa has now expanded with five additional members — Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. In his speech addressing the 16th BRICS Summit, Xi said the summit has decided to invite a number of nations to become partner countries, China's state-run Xinhua news agency reported. He hailed the decision as another important development in the course of BRICS development.
22.10 / 14:45
markets Reuters Digital country reports International Will Vladimir Putin do at BRICS what America dreads the most?
BRICS Summit 2024 at Kazan in Russia will be watched keenly by the United States. The BRIC grouping, including Brazil, Russia, India, and China, was formally started in 2006. In 2009, the first BRIC Summit was held in Russia.
22.10 / 11:31
Aviat Airlines reports Courts Investigations Destinations India bringing in a new law to curb the menace of hoax bomb threat calls disrupting airlines flying
The Indian government is working on a new law to punish those spreading the menace of hoax bomb threat calls, which disrupt the flight schedules of airlines and cause massive inconvenience to thousands of passengers
22.10 / 09:51
Citi Action economy President country isolate Putin hosts Global South leaders at BRICS summit intended to counterbalance Western clout
China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the BRICS bloc of developing economies that the Kremlin hopes to turn into a rallying point for defying the Western liberal order
22.10 / 08:43
markets COST Target security country How China thrives in a world of turmoil
Subscribe to enjoy similar stories. Modern China is a superpower with its roots in a guerrilla army. This helps explain its self-interested responses to crises, including the turmoil now raging in the Middle East.
22.10 / 08:33
markets Digital Airlines security Experts social International Airlines say all security protocols followed when International, domestic flights receive bomb threats
Air India received bomb threats for their international and domestic flights, on Monday night. After safely disembarking the customers, Indigo informed that they were working closely with the relevant authorities and standard operating procedures were being followed. Indigo, in its press release, announced that they received a security-related alert on nearly 10 flights including domestic and international. The flights that received the bomb threat are 6E 164 (domestic), 6E 75 (international), 6E 118 (domestic), 6E 67 (international), 6E 18 (international), 6E 83 (international), 6E 77 (international), 6E 12 (international), 6E 65 (international), 6E 63 (international). It must be noted that most of these international flights were bound for Jeddah in Saudi Arabia or bound for India from Istanbul in Turkey.
22.10 / 06:01
markets FIVE Cooper President country International President Xi Jinping leaves for Kazan to attend BRICS summit
Xi Jinping on Tuesday left for Russia to attend the BRICS summit where he is expected to meet leaders of the member countries, including Prime Minister Narendra Modi on the sidelines. Xi will articulate China's vision for «greater cooperation» of the BRICS bloc, which has now expanded to 10 members, and «open a new era for the Global South to seek strength through solidarity» at the three day summit. The summit of Brazil, Russia, India, China and South Africa (BRICS), which now has expanded with five additional members Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, is being held in the Russian city of Kazan, about 900 km east of Moscow, from October 22 to 24. Xi left Beijing for the 16th BRICS Summit in Kazan at the invitation of Russian President Vladimir Putin, state-run Xinhua news agency reported.
22.10 / 04:29
UPS PayDay tennis Universities Features Sporting Game, Set, Fortune! Saudi Arabia ups ante with big prize money
Saudi Arabia this weekend. Not for an ATP series, but an exhibition tournament called the Six Kings Slam. Just being there has earned each of these players more than $1 million, while Sinner took home $6 million for defeating Alcaraz in the final.

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