The real key to success in Forex trading is a proper choice of a trading platform. A trading platform is the interface located between the trader and the currency market. It provides the features and tools added for analysis and trading execution. First, let's understand what a trading...
The rating agency Moody's affirmed Saudi Arabia's 'A1' rating, with positive outlook, Saudi Press Agency reported. The Kingdom’s rating, according to the agency, came in line with the tangible progress the government has achieved in comprehensive reforms since 2016, as well as the...
Saudi Arabia is planning a $10 billion share sale in Aramco, Reuters reported. The share sale is expected to take place as soon as June in what would be one of the region's biggest stock deals. The preparations are ongoing and the details could still change, two sources...
Almuneef Co. for Trade, Industry, Agriculture, and Contracting announced the renewal and increase of its financial facilities contract with Bank Albilad. In a statement to Tadawul, the company said the facilities’ renewal for the previous year totaled SAR 13 million, with approval for an...
The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide the Amiral petrochemical complex project in Saudi Arabia with $1 billion in financing, Yonhap News Agency reported, citing a statement. The project was awarded to Hyundai Engineering & Co. This project...
The National Center for Privatization & PPP (NCP) has contributed to the awarding of more than 60 privatization and partnership contracts across eight target sectors since its launch, with a capital expenditure exceeding SAR 37.5 billion, Minister of Finance, Mohammed Al-Jadaan,...
Capitalising on the zooming auto automotive aftermarket and service industry in the country and the region, the UAE China Tyre & Auto Parts Expo is set to see an impressive rise in the number of exhibitors taking part in its upcoming edition.Aiming to provide the regional market direct access...
Abu Dhabi National Oil Company (ADNOC) announced today that it has successfully completed a placement to institutional investors of 880 million shares in ADNOC Drilling Company. This represents 5.5% of ADNOC Drilling’s total issued and outstanding share capital, and will increase the Company’s...
Saudi Arabia plans to establish 96 projects to enhance the infrastructure for the reuse of treated water in the agricultural, urban, and industrial sectors. The estimated cost for these projects exceeds $4 billion, or nearly SAR 15 billion, Muhammad bin Zaid Abuhaid, Acting CEO of Saudi...
The National Housing Co. (NHC) signed today, May 22, as many as 77 agreements at the conclusion of the exhibition accompanying the 2024 Real Estate Supply Chain Forum, the Saudi Press Agency (SPA) reported. This included five memorandums of understanding (MoUs) to establish industrial zones,...