Economy page

Gold prices rose to their highest level in a week, supported by expectations of a US interest rate cut and escalating tensions in Venezuela. See the latest precious metals prices and analysis.

Learn about the details of STC's intention to issue international dollar-denominated bonds as part of a $5 billion program, the list of banks managing the offering, and its strategic objectives.

Residential mortgage financing for individuals in Saudi Arabia fell by 55.6% in November to SAR 4.46 billion. Learn more about villa and apartment loans according to SAMA data.

Al Rajhi Bank plans to issue dollar-denominated additional capital sukuk. Learn about the banks managing the subscription and the offering's objectives within the framework of the bank's sustainable financing strategy.

Riyad Bank announces its intention to issue Tier 2 dollar-denominated sustainable debt instruments. Learn more about the offering and its objectives in strengthening capital and supporting green finance.

Satellite data revealed that 16 sanctioned oil tankers left Venezuelan waters following Maduro's arrest, carrying 12 million barrels in an attempt to break the blockade.

New York stock market indices rose after Trump announced that US oil companies would be allowed to enter Venezuela and exploit its huge reserves following recent political developments.

The British pound continued its upward trend on Monday, rising against the dollar and the euro, while European stock indices DAX and Stoxx 600 closed positively.

European stocks closed higher across the board on Monday. The Stoxx 600 index rose 0.94% and Germany's DAX jumped 1.29%. Read more about the financial market performance.

The London Stock Exchange rose today, with the FTSE 100 index closing up 0.54%. Learn more about the performance of the London Stock Exchange and its impact on the economy.