Category: Business

Saudi Stock Exchange Index Closes Higher

The main Saudi Stock Exchange Index closed Sunday, up by 68.21 points to reach 12,262.64 points, with trades worth SR 7.9 billion.

The volume of traded shares reached 297 million shares, with the shares of 154 firms recording an increase in their val…

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Oman Oil Price Reaches $75.49 a Barrel

The official price of Omani oil, for delivery in October, reached on Wednesday $75.49 per barrel, an increase of 48 cents compared with Tuesday’s price, which amounted to $75.1.

It is noteworthy that the monthly average price of Omani crude oil for d…

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Gold Edge Lower as Dollar, Treasury Yields Strengthen

Gold prices edged lower on Wednesday as the US dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve’s likely September interest rate cut.

Spot gold slipped 0.2% to $2,385.60 per ounce, a…

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Over 91,000 Visitors Attend Shaqra Pepper Festival

Shaqra, The fourth Shaqra Pepper Festival, which concluded yesterday, was a resounding success, helping sell large quantities of the region’s distinctive peppers and pepper-based products.

The event drew significant attention from government entities…

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