Saudi Arabia Financial News
21.10 / 03:35
Reuters
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Day 15 Israel-Hamas War: 2 American hostages released from grip of Hamas after ‘secret talk’. Top 10 updates
Also Read: Israel-Hamas War LIVE Updates 3. US President Joe Biden has sought more than $105 billion from Congress as part of a package aimed at delivering security assistance to address the ongoing conflicts in Ukraine and Israel, CNN reported. Biden said, “The request will help mitigate the global humanitarian impacts of Russia's brutal invasion of Ukraine and of Hamas' horrific attacks on Israel, including by extending humanitarian assistance to civilians in Gaza." 4.
21.10 / 03:35
Reuters
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'Hamas doesn't speak for Palestinian people,' UK PM Rishi Sunak meets President Abbas
Also Read: Israel-Hamas War LIVE Updates During the talks Sunak stressed the imperative of avoiding a wider regional conflict and preventing any further unnecessary loss of civilian life, his office said. "We've also made good progress on tangible areas like ensuring access for humanitarian aid to those who need it," Sunak told broadcasters in Cairo, as reported by Reuters. “Meeting with President Abbas today I expressed my condolences for the loss of civilian lives in Gaza, including at the Al Ahli hospital.
20.10 / 13:27
MET
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Saudi Arabia, UAE leaders meet as Israel-Hamas war threatens to spill over
crown prince and president of the United Arab Emirates met on Friday, state media reported, as the two Gulf states worked to overcome their differences amid a conflict between Israel and Hamas that threatens to engulf the Middle East. Saudi state news agency SPA showed footage of Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, receiving UAE President Mohammed bin Zayed Al Nahyan at Riyadh's airport. Public meetings between the crown prince and Sheikh Mohammed have been rare in recent years as the close allies competed for investment and regional influence.
20.10 / 08:28
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Pharma stock Sigachi Industries rises 10% to hit 52-week high after JV, 1:10 stock split. Do you own?
Stock at record high: Sigachi Industries shares have been in uptrend since early morning deals. Sigachi Industries share price today opened with an upside gap at ₹39.30 apiece on NSE and went on to hit intraday high of ₹43.85 per share, which turned out its new 52-week high as well. As per the latest exchange filing by the pharma company, Sigachi Industries Ltd has signed a deal with Saudi National Projects Investment Ltd (SNP) and announced a joint venture Sigachi Arabia.
20.10 / 07:09
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Former Pakistan PM Nawaz Sharif reaches Dubai before heading to Islamabad on Saturday
Pakistan prime minister Nawaz Sharif has arrived in the UAE to meet a select group of people a day ahead of his return to Pakistan without the fear of immediate arrest upon landing, according to a media report on Friday. Sharif, also the Pakistan Muslim League-Nawaz (PML-N) supremo, landed in Dubai late on Thursday night and is expected to return to Pakistan on a chartered flight, ending a self-imposed four-year exile in London, Geo News reported. In Pakistan, the Islamabad High Court on Thursday provided temporary relief to Sharif as it granted the 73-year-old former prime minister a protective bail in the Avenfield and Al-Azizia corruption cases until October 24.
20.10 / 05:39
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PUMP
Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices
Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices
20.10 / 03:03
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Oil climbs on Mideast contagion fears from Israel-Gaza conflict
Oil prices extended gains on Friday, rising about 1% on fears that the Israel-Gaza conflict may spread in the Middle East and disrupt supplies from one of the world's top-producing regions. Brent crude futures climbed 77 cents, or 0.8%, to $93.15 a barrel by 0042 GMT. U.S.
19.10 / 12:40
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OpenAI partners with G42 in Dubai, eyeing Middle East expansion
OpenAI, the maker of popular artificial intelligence (AI) chatbot ChatGPT, and Dubai-based technology holding group G42 announced a new partnership on Oct. 18 to expand AI capabilities in the Middle East region.
19.10 / 12:09
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SOLIDARITY
British PM Rishi Sunak says UK standing by Israel in its darkest hour
Rishi Sunak says Britain is standing by Israel in its «darkest hour» as it wages war on Hamas following the Palestinian militant group's October 7 attack. Sunak spoke alongside Israeli Prime Minister Benjamin Netanyahu on Thursday, a day after US President Joe Biden made a similar trip to Israel to express solidarity.
19.10 / 09:53
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2020
The Arab world thinks differently about this war
Gaza’s al-Ahli hospital on October 17th, which killed hundreds of people. Israel later denied that it was carrying out air strikes in the area; the explosion, it said, was caused by a misfired rocket launched by Islamic Jihad, another militant group in Gaza. By the time Israel issued its denial, though, details had ceased to matter.
19.10 / 07:23
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Greta Thunberg charged with public order offense in UK after arrest outside oil industry conference
Climate activist Greta Thunberg has been charged with a public order offense after being arrested at a demonstration against an oil industry conference in London
19.10 / 00:53
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Oil rally cools as focus remains on Israel-Hamas war, more Fed cues
Investing.com-- Oil prices fell in Asian trade on Thursday after a strong run of gains this week as markets awaited more developments in the Israel-Hamas war, while upcoming signals from the Federal Reserve were also in focus.
18.10 / 18:47
Citi
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Gaza carnage spreads anger across Mideast
CAIRO/JERUSALEM : Within hours after a blast was said to have killed hundreds at a Gaza hospital, protesters hurled stones at Palestinian security forces in the occupied West Bank and at riot police in neighbouring Jordan, venting fury at their leaders for failing to stop the carnage. A significant tragedy unfolded on Tuesday after a devastating strike on a Gaza hospital. Initial death toll estimates exceeded 500.
18.10 / 16:29
18.10 / 13:27
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Saudi Arabia's 2034 World Cup bid boosted by Indonesia changing sides after Australia co-host talks
2034 World Cup, Indonesian soccer leader Erick Thohir said on Wednesday that his federation now supports Saudi Arabia. Thohir's change of plan was detailed in a statement on the Indonesian soccer federation website hours before an online meeting of the Asian Football Confederation, whose 47 members include Australia, Indonesia and Saudi Arabia. During the meeting, FIFA President Gianni Infantino urged AFC members to «be united for the 2034 World Cup.» Infantino has long been a close ally of Saudi soccer and the kingdom's Crown Prince Mohammed bin Salman, and FIFA's surprise decision two weeks ago to fast-track bidding for the 2034 men's tournament was seen as favourable for them.
18.10 / 13:17
18.10 / 12:20
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Crude Oil: Will Israel-Hamas Conflict Escalation Fuel a Surge Past $100?
In recent weeks, the Middle East has plunged into its most significant conflict in decades. The catalyst for Israel's military action was a series of brutal Hamas terrorist attacks and rocket fire, primarily affecting civilians.
18.10 / 10:35
FTX
Sam Bankman-Fried Had Dinner With NYC Mayor Prior to FTX Collapse – Here's What You Need to Know
Sam Bankman-Fried was in constant contact with prominent political and financial figures in New York City in the months leading up to the collapse of FTX and his subsequent arrest.
17.10 / 19:34
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Greta Thunberg among activists detained at protest to disrupt oil executives forum
Greta Thunberg has been detained by British police alongside other climate activists who gathered outside a central London hotel to disrupt a major oil and gas industry conference
17.10 / 19:27
stage
Pakistan beats Cambodia 1-0 for its first-ever win in World Cup qualifying
World Cup qualifying game for the first time on Tuesday, beating Cambodia 1-0 in Islamabad to advance to the second round. After the first leg in Phnom Penh finished 0-0, a half-volley from Harun Hamid was enough to secure victory at Jinnah Sports Stadium in a first home game for Pakistan since 2015.
17.10 / 16:17
Reuters
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Oil ticks higher ahead of Biden's Israel trip as traders await further escalation of war; Brent at $90/bbl
₹7,188 per bbl, having swung between ₹7,132 and ₹7,528 per bbl during the session so far, against a previous close of ₹7,239 per barrel. Also Read: Indian crude basket to average $87/bbl, OMCs to bear the brunt as oil surges 6% over Israel-Hamas war Iran pledged pre-emptive action from the ‘resistance front’ of its allies that include the Hezbollah movement in Lebanon, reported Reuters.
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