Nour El-Shaeri

1 week ago | arabnews.com | Nour El-Shaeri

RIYADH: Saudi Arabia’s Capital Market Authority has approved new guidelines for issuing green, social, sustainable, and sustainability-linked debt instruments. These guidelines, which came into effect on may 27, represent a crucial milestone in the CMA’s broader strategy to deepen the domestic debt market and align the Kingdom’s financial sector with the sustainability objectives outlined in Vision 2030.

1 week ago | arabnews.com | Nour El-Shaeri

Saudi Arabia increases wage support to 50% for tourism sector jobs /node/2602206/business-economy May 26, 2025 15:21 Saudi Arabia increases wage support to 50% for tourism sector jobs Move aims to bolster Saudization across 43 professions It is designed to enhance the appeal and sustainability of careers in the sector RIYADH: Saudi Arabia has raised wage subsidies for local workers in the tourism sector from 30 percent to 50 percent, in a strategic push to expand employment opportunities for...

1 week ago | arabnews.pk | Nour El-Shaeri

RIYADH: Saudi Arabia’s Tadawul All Share Index closed higher on Monday, rising 76.18 points, or 0.69 percent, to finish at 11,075.96.    The total trading value on the main market reached SR4.32 billion ($1.1 billion).   Despite the benchmark’s gain, market breadth leaned negative, with 70 stocks advancing while 171 declined.   The MSCI Tadawul 30 Index climbed 14.22 points, or 1.01 percent, to 1,416.62.

1 week ago | arabnews.com | Nour El-Shaeri

RIYADH: Six recently listed Saudi companies are set to join FTSE Russell’s global equity benchmarks, following the index provider’s latest quarterly review. As part of the FTSE Saudi Arabia Inclusion in the Global Equity Index Series, these changes will take effect on June 23 and be reflected on the Saudi Exchange at the close of trading on Wednesday, June 19. The adjustment is being made early due to the market closure on Friday, June 21.

1 week ago | arabnews.com | Nour El-Shaeri

RIYADH: Egypt’s manufacturing and extractive industries index — excluding crude oil and petroleum products—rose by 3.9 percent in March, reaching 120.47 points, up from 115.93 in February, according to the Central Agency for Public Mobilization and Statistics. The increase was largely driven by seasonal demand for food and a significant boost in steel rebar production, CAPMAS reported.