Economy page

Tobi announced the transfer of 20.74% of its shares from Al-Amthal Business Company to its original owners. Learn more about the deal and its impact on the ownership structure and the Saudi market.

The Saudi Paper Manufacturing Company announced the early repayment of a loan worth 70.3 million riyals, in a strategic move to restructure its debts and improve its cash flow with the support of new financing.

Naqi Water Company announced the signing of an agreement to purchase 230,000 laying chicks, as part of its expansion plan in the poultry sector in Qassim, with the aim of enhancing Saudi food security.

Al-Mousa Healthcare Company signed a contract with BEC Arabia worth 657.5 million riyals to establish a new specialized hospital in Al-Khobar, in line with Vision 2030 to develop the health sector.

Major Mining Factories Company (AMAC) announces that it has obtained a license to exploit the Katina gold mine in Najran, which strengthens its expansion plans and supports the goals of the Kingdom’s Vision 2030.

ADES Holdings announced it has won a major contract with Brunei Shell Petroleum for offshore drilling operations. The contract strengthens the company's expansion in the Southeast Asian market.

Saudi Cable Company announced the appointment of three new members to its board of directors, in a move that comes as part of the company’s efforts to restructure its finances and overcome current challenges.

A report predicts financial stability for Gulf banks in 2026, supported by profitability, asset quality and capitalization, while warning of geopolitical risks and oil prices.

An in-depth analysis of how China is using rare earth metals as a strategic weapon in its trade war with the United States, and the impact this has on the global economy and national security.

A comprehensive analysis of rising oil prices and the impact of US inventory data and OPEC+ decisions on global markets. Learn about the key factors driving Brent and West Texas Intermediate prices.