Saudi Arabia Financial News

26.07 / 17:37

UPS Reuters Strategy Nissan show Oil retreats from 3-month high peak ahead of US Fed outcome, lower US crude stock

US Federal Reserve meeting outcome. Oil prices have rallied for four weeks, buoyed by signs of tighter supplies, largely linked to output cuts by Saudi Arabia and Russia, as well as Chinese authorities' pledges to shore up the world's second-biggest economy. Brent crude futures were down 32 cents, or 0.4 per cent, at $83.32 a barrel, while US West Texas Intermediate (WTI) crude was at $79.32, down 31 cents.

26.07 / 17:37

UPS Action show star Lionel Messi vs Cristiano Ronaldo: Kim Kardashian says THIS when asked to choose between the two

reality TV megastar, showed off her savvy response when asked one of the biggest debates in sport Cristiano Ronaldo versus Lionel Messi The businesswoman and socialite was seen attending Messi's debut appearance in the MLS for Inter Miami at the DRV PNK Stadium alongside her son and his friend. The 42 years old media personality had a front row seat alongside superstars LeBron James and Serena Williams. Kardashian witnessed Messi conjuring a mesmerising moment by scoring a last-minute match-winner, helping the Florida-based franchise break their winless streak.

26.07 / 16:41

COST UPS Target Booking awards performer Margin is the villain of L&T story, for now

₹32,718 crore, aided by improved execution across segments. Further, order inflows from this segment jumped 80% y-o-y to almost ₹50,400 crore buoyed by the Mumbai Ahmedabad High Speed Rail project contract. This went a long way in driving consolidated order inflows, which also got a boost from large orders in the infrastructure and hydrocarbon segments.

26.07 / 10:07

Career Entertainment Pool Nintendo country star play Saudi Arabia is spending billions to become a global gaming hub. Some fans don't want to play

Saudi Arabia aims to become the “ultimate global hub” of the $180 billion-a-year video game industry

26.07 / 09:35

business Blockchain NASDAQ Ant Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more

Ant Group, a company backed by billionaire Jack Ma, is reportedly planning to restructure and cut ties to some operations that are not core parts of its Chinese financial business. The move prepares the company for a potential initial public offering (IPO) in Hong Kong.

26.07 / 06:05

Target show Oil creeps lower with Fed hike, U.S. inventories in focus

Investing.com — Oil prices fell slightly on Wednesday as investors hunkered down before a widely-expected rate hike by the Federal Reserve, while signs of a potential build in U.S. inventories also weighed.

26.07 / 05:05

UPS Target JPMorgan Enterprise UBS Qatar sovereign fund may invest $1 billion in Reliance Retail; RIL shares jump 2%

Reliance Industries (RIL) on Wednesday jumped 2% amid a report that billionaire Mukesh Ambani may rope in Qatar Investment Authority (QIA) to pick up a minority stake in Reliance Retail. Qatar’s sovereign wealth fund is in talks to buy stake in Reliance Retail and is said to be considering a $1 billionn investment giving it a stake of about 1% and valuing the business at around $100 billion, the Financial Times reported today. Following the news, RIL shares rallied 2% to hit day's high at Rs 2,533.45 on BSE.

25.07 / 16:31

IMF cuts Saudi Arabia's 2023 GDP growth forecast to 1.9%

DUBAI (Reuters) -The International Monetary Fund cut its 2023 GDP growth projection for Saudi Arabia to 1.9% in its latest World Economic Outlook update released on Tuesday, to reflect the impact of prolonged oil production cuts.

25.07 / 14:39

UPS Reserve Crude oil drifts lower ahead of crucial Federal Reserve meeting

Investing.com — Crude oil prices stabilized near three-month highs on Tuesday, as traders waited for news from the Federal Reserve following signs of tighter supplies and promises by Chinese authorities to shore up the world's second-biggest economy.

25.07 / 05:49

UPS Remark film performer stage Barbenheimer Box Office Day 4: India among top markets for Oppenheimer, Barbie beats Christopher Nolan's movie globally

Oppenheimer and Greta Gerwig's enchanting Barbie are vying for supremacy both in India and on the global stage. The biographical drama Oppenheimer, led by Cillian Murphy, has surged towards the impressive ₹60-crore mark in India within a mere four days of its release. Simultaneously, Barbie has gracefully crossed the ₹20-crore threshold as of its fourth day in cinemas. Barbie seems to trail Oppenheimer in the Indian market, amassing approximately ₹21.15 crore within its first four days.

25.07 / 05:25

Reuters Man MER country symptoms What is the new MERS Coronavirus detected in Abu Dhabi? Symptoms developed without any contact history

COVID pandemic, but the virus continues to infect people in different parts of the world. A new case of MERS-CoV has been reported by the WHO in Abu Dhabi on Monday. According to the World Health Organisation, an adult in his twenties was diagnosed with potentially fatal Middle East Respidatory Syndrome Coronavirus (MERS-CoV) after he was admitted in hospital last month.

25.07 / 03:13

Assurant Remark star Kylian Mbappe ‘laughs’ at Al-Hilal’s ₹2,718-crore offer to join Cristiano Ronaldo in Saudi league

₹2,718 crore) offer from Al-Hilal for the star footballer. Mbappe has communicated to PSG that he will not activate a 12-month extension on his contract. Nevertheless, he has assured the club that he will start the upcoming season at Parc des Princes.

24.07 / 19:01

UPS Target Chase show track Oil at April highs; U.S. rate hike fears take backseat to OPEC

Investing.com — Pressing on with gains from four weeks, oil bulls targeted $80 per barrel for U.S. crude on Monday — and correspondingly higher prices for global benchmark Brent — as they turned what would typically be a mundane three-day stretch before a Federal Reserve rate decision into a hive activity.

24.07 / 18:33

country social nsa Deal Cyber NSA Ajit Doval calls for joint efforts by Brics, 'friends' to deal with cyber risks

NSA Ajit Doval on Monday participated in the 'Friends of BRICS' meeting in Johannesburg on the sidelines of the Brics NSA meet and called for collective efforts to deal with cyber risks involving terrorists and radicals. At the meeting, the issue of cybersecurity was discussed at length, ET has learnt. In addition to Brics, the following 'Friends of Brics' countries participated — Belarus, Burundi, Iran, UAE, Saudi Arabia, Egypt, Kazakhstan and Cuba.

24.07 / 17:55

country social nsa Cyber Gravity of cyber risks will increase with disruptive technologies such as Artificial Intelligence: NSA Ajit Doval at BRICS meet

Ajit Doval participated in the 'Friends of BRICS' meeting in Johannesburg in South Africa on Monday. Apart from BRICS, the following Friends of BRICS countries — Belarus, Burundi, Iran, UAE, Saudi Arabia, Egypt, Kazakhstan and Cuba — also participated in the meeting.

24.07 / 08:37

country India plans global biofuel alliance with eye on Opec+ | Mint Primer | Mint

India is set to launch the Global Biofuel Alliance... moreIndia is set to launch the Global Biofuel Alliance (GBA) in Goa, aiming to impact the global energy landscape.

24.07 / 07:15

Citi Booking Platform Entertainment film audience Weekend 'Barbenheimer' charms India in opening weekend, and how! Christopher Nolan's 'Oppenheimer' enters Rs 50 cr club, 'Barbie' mints Rs 18.5 cr

Barbenheimer' craze is taking over India. With 'Oppenheimer' and 'Barbie' hitting the screen nationwide last week on July 21 (Friday), the clash of the titans at the box-office has been an epic one.

24.07 / 03:27

Provident Cooper Fighting show performer country beautiful International ‘Some countries under pressure…’ Taliban says US obstacle to international recognition of Afghanistan

Joe Biden said was in some way an acknowledgement of this truth, but this doesn't show our cooperation with America. We do not need the cooperation of any country," he said. The acting defence minister once again accused the US of violating the airspace of the country and asked Washington to end the violation of the airspace of Afghanistan.

23.07 / 20:47

MET Aware Platform Cooperation BRICS NSAs set to meet in South Africa from July 24 to discuss security cooperation mechanism

National Security Advisors (NSAs) of the BRICS member states will meet in South Africa from Monday to Wednesday and explore a security cooperation mechanism for the grouping amid several geopolitical security threats.NSA Ajit Doval is expected to meet senior Chinese diplomat Yang Jiechi on the sidelines of the event, which will be closely followed amid the Russia-Ukraine war. Yang is a former foreign minister and special representative for boundary talks with India. It is expected that impasse at the Line of Actual Control will be the key item on the agenda for the meet, said people aware of the matter.

23.07 / 09:39

nsa NSA Ajit Doval to meet Chinese diplomat Yang Jiechi on the sidelines of BRICS NSA summit

BRICS summit, NSA Doval will also bilateral meeting with Yang Jiechi. The meeting between Indian NSA and Chinese diplomat is prominent, especially given the Chinese aggression in East Ladakh in May 2020. While China has been disengagement of troops in Galwan, Gogra-Hot Springs and Pangong Tso lake spurs areas, Chinese troops are yet to disengage from the Line of Actual Control (LAC) in East Ladakh. PLA has also increased its deployment in the Daulet Beg Oldi sector and is not allowing the Indian Army to patrol the Depsang Bulge areas and Chading Ninglung Nullah junction in Demchok.

22.07 / 11:43

Remark awards film Actor performer audience actress Kerala State Film Awards: Mammootty bags 'Best Actor Award', Vincy Aloshious declared best actress

Mammootty bagged the Best Actor title while young artist Vincy Aloshious was named Best Actress 'Nna, Thaan Case Kodu', a satirical movie directed by Ratheesh Balakrishnan Poduval that wooed audiences across categories last year, garnered several prominent titles, including Best Popular Movie with artistic value. Announcing the awards here, State Cultural Affairs Minister Saji Cheriyan said as many as 154 films were considered by the jury headed by eminent Bengali filmmaker-actor Gautam Ghosh. Of them, 44 movies were selected for the final round to compete for various titles, he said.

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