Economy page

Al-Rashid Company's general assembly approved a 50% capital increase to SAR 180 million through the issuance of bonus shares. Learn about eligibility details, distribution date, and expansion objectives.

Star Arabia has announced the signing of a franchise agreement with Tihama Al Hijaz to operate 10 Arabica Star branches in the Western Region. Learn more about the expansion and its expected financial impact.

Nafouad Food Products Company has submitted a request to move to the main market, TASI, following approval from the Board of Directors, in a move aimed at enhancing liquidity and expanding the investor base.

Amwaj International announced that it had detected financial and procedural irregularities in one of its branches, confirming that it had taken legal action and appointed an external auditor while continuing operational activities.

Wajaa Company announced its application to transfer to the main market (TASI) following approval from its board of directors. Learn more about the application details, the significance of this move, and its impact on investors.

Al Hammadi Holding announced that its sister company, Sudair Pharmaceuticals, has submitted a request to the Capital Market Authority to list its shares on the main market. Learn more about the IPO and its importance to the pharmaceutical sector.

Leejam Sports Company announced the opening of two new centers in Jubail Industrial City for men and women, as part of its expansion plan, with the financial impact starting in the fourth quarter of 2025.

The board of directors of BinDawood Holding recommends the purchase of one million shares as treasury shares for the employee incentive program. Learn about the financing details, regulatory approvals, and the significance of the decision.

European industry is facing a deep structural crisis due to Chinese competition and rising energy prices. Learn about the reasons for declining production in Germany and France, and the future of the automotive sector.

The European Union is facing pressure to amend its decision to ban gasoline-powered cars by 2035. Learn about the implications of the decision for the automotive industry, Chinese competition, and the French-Italian stance.