November 11, 20240 Comments

Foreign investors flock to flagship Saudi economic conference

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative (FII) forum. Fayez Nureldine | Afp | Getty Images Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom’s Future Investment Initiative, the flagship economic conference at the heart of Vision 2030 — the multi-trillion dollar plan

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November 10, 20240 Comments

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.23% By Investing.com

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the declined 0.23%. The best performers of the session on the were Riyadh Cement Co (TADAWUL:), which rose 9.88% or 2.95 points to trade at 32.80 at the close. Meanwhile, Saudi Industrial Export Co (TADAWUL:) added 9.76% or 0.24 points to end

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November 9, 20240 Comments

Sovereign debt is biggest risk to global growth in 2025: Saudi minister

RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia’s finance minister said, expressing particular concern over lower income countries as well as what he described as rapidly growing global fragmentation. “I think globally, the serious, serious issue that we need to watch is sovereign debt issues, particularly in low-income countries and emerging economies that do not have the fiscal buffers to lean into

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