Economy page

The Capital Market Authority has approved the transfer of 68.4 million shares of Tobi Company (the "perfect offer") from Al-Amthal Company to the shareholders' portfolios. Learn more about the details and impact of this news.

Find out the dollar exchange rate against the Egyptian pound today, Monday, at the close of trading. A comprehensive update of exchange rates at the Central Bank of Egypt, the National Bank of Egypt, Banque Misr, and Commercial International Bank.

The Commercial Court of Appeal in Riyadh issued a final ruling obligating Malan Iron Products Company to pay 17.88 million riyals to Yara International, canceling the stay of execution decision.

Gold and precious metal prices surged following the arrest of Nicolás Maduro. Learn about the impact of geopolitical tensions and US interest rate data on global markets.

Laden Investment announces its objection to the white land fees invoices worth 2.56 million riyals, stressing that the lands are developed within off-plan sales projects and are not white lands.

Misk Company announced the renewal of a banking facilities agreement with Alinma Bank worth 150 million riyals to finance working capital and issue guarantees, with a period extending until August 2028.

Red Sea International announced that its subsidiary has signed a contract worth SAR 220 million to carry out mechanical and electrical works for a hospital in Jeddah. Learn more.

Al Moammar Company (MIS) announces the awarding of a technology project with Saudi Electricity worth 58.6 million riyals, and agrees to participate in raising the capital of Vision Digital Bank to 3 billion riyals.

Learn about the details of transferring the assets of Al-Aziziyah Market from Riyadh Development to a subsidiary company as part of the “We Invest for Growth” strategy, and its impact on supply chains and food security in the Kingdom.

Learn about the 3 cases excluded from the initiative to cancel fines and exempt from tax penalties, which the Zakat, Tax and Customs Authority has extended until June 2026.