Economy page

The Saudi stock market index 'TASI' recorded an increase at the start of trading, reflecting optimism about the direction of the local economy and diversification efforts within Vision 2030.

The National Insurance Company maintained its strong credit rating of BBB+ from Standard & Poor's Global Ratings, with its outlook upgraded to positive, reflecting its financial strength.

Analysis of the reasons for the rise in gold prices near historic levels, and the impact of expectations of a US interest rate freeze and geopolitical tensions on the future of the yellow metal.

Grünenfelder Saadi Holding Company (CGS) announced the signing of a contract with Almarai Company worth 29.5 million riyals to provide advanced cooling solutions for its facilities.

Jarir Bookstore announced the opening of its new branch in Al-Aliya Mall in Madinah, with investments amounting to 21 million riyals, which strengthens its network in the Kingdom and supports the local economy.

The National Education Company announced that it has won a lease contract to build and operate an educational complex in the Khuzam suburb of Riyadh, with a total value of 63.9 million riyals, as part of its expansion plans.

The board of directors of Banque Saudi Fransi recommended distributing cash dividends of SAR 1.29 billion for the second half of 2025, reflecting the bank’s strong financial performance and future confidence.

United Carton Industries announced the renewal of Islamic banking facilities worth 195 million riyals with the Saudi National Bank to finance working capital and support its operations.

Al Rajhi Bank recorded record profits of SAR 24.8 billion for 2025, representing a growth of 25.7%. Learn about the reasons for this growth and the details of the cash dividend distribution to shareholders.

Venezuela is exploring ways to increase investment in its vital oil sector, facing the challenges of US sanctions and the need for structural reforms to attract foreign capital.