Saudi Tadawul Index Rises 0.11% to Close at 11,121
Saudi Arabia's Tadawul All Share Index rose 0.11% to 11,121.56, with trading turnover of SR3.59 billion. Rabigh Refining led gainers, while BAAN Holding declined.
Category : Business
Measles Outbreak Overwhelms Bangladesh Hospitals
Bangladesh faces its deadliest measles outbreak in years, with hospitals overwhelmed by thousands of infected children daily amid disrupted vaccination drives.
77% of Saudi startup founders consider IPO: report
A new report shows 77% of Saudi startup founders are considering IPOs, with 91% favoring the Saudi Exchange, reflecting growing confidence in public markets.
Saudi Chemical Exports Up 18% in February
Saudi Arabia's chemical exports rose 18% year-on-year to SR6.92 billion in February 2026, driven by strong global demand and increased output.
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Egypt ends 11 p.m. shop closure, lifts energy-saving rules
Egypt has suspended energy-saving measures including the 11 p.m. closure of shops, malls, and restaurants, returning to normal operating hours amid global economic shockwaves from the war on Iran.
Pakistan Opens New Transit Routes for Iran's Third-Country Goods
Pakistan has cleared transit of third-country goods to Iran through new routes, aiming to enhance regional trade amid economic stabilization efforts under an IMF program.
IMF Board to Meet Soon for $1.2 Billion Pakistan Disbursement
The IMF Executive Board will meet in coming weeks to consider a $1.2 billion loan disbursement for Pakistan, an official confirmed, as the country awaits approval for its EFF and RSF programs.
Iran War Oil Surge Spurs Pakistan Rate Hike Expectations
A survey shows 53% of respondents expect Pakistan to hike interest rates due to Iran war-driven oil price surge, with most anticipating a 50-100 bps increase.
GCC economies resilient amid geopolitical tensions, fiscal buffers support
GCC economies remain resilient with strong fiscal buffers despite geopolitical tensions and tightening financial conditions, according to Oxford Economics. Bahrain remains most vulnerable with high debt.
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Oil rises 1% as US-Iran peace talks stall
Oil prices climbed over 1% on Monday as US-Iran peace talks stalled, keeping global supplies tight. Brent crude reached $106.68 a barrel.
Saudi Awwal Bank Posts SR2.1bn Q1 Net Profit
Saudi Awwal Bank (SAB) announces SR2.1 billion net profit for Q1 2026, down 2% YoY, with stable operating income of SR3.6 billion. Retail and corporate banking show growth.
Owning IP boosts SME value by 65%: Saudi official
Saudi official says SMEs with IP rights increase economic value by up to 65%, investment appeal rises up to tenfold. Awareness and compliance levels also rise.
Endurance Athlete Launches Longevity Hub in Riyadh
Dani Afiouni, founder of Longevity Wellness Hub, opens first Saudi location in Riyadh, stressing that recovery is a biological process driving performance.
UAE Launches $272M Fund for Industrial Resilience
The UAE has launched a 1 billion dirham fund to strengthen domestic manufacturing, secure supply chains, and expand AI use in production, supporting economic diversification.
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Oman Secures $520M in Investments Across Free Zones
Oman signs investment agreements worth over $520 million across its free zones, boosting industries like EV materials, steel, and pharmaceuticals under Vision 2040.
Lenovo Riyadh Factory to Hit 2M Units by 2026
Lenovo's Riyadh factory, its largest outside China, aims to produce 2 million units annually by 2026, with plans to scale up to 8 million units in the second phase.
Saudi Lab Gets Global Nod for Equine Testing
Riyadh's animal health lab earns recognition from 33 countries to test equine diseases, boosting Saudi Arabia's role in horse trade and equestrian events.
Saudi Banks Post Record Q1 Profits of $6.4 Billion
Saudi Arabia's listed banks posted a record $6.4 billion in Q1 2026 profits, up 7.6% year-on-year, driven by Vision 2030 projects and strong lending growth.
Pakistan, China sign deals for desalination, agriculture, tea
Pakistan and China signed three MoUs to boost cooperation in water desalination, agricultural technology, and the tea sector during President Zardari's visit to Beijing.
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International Dentistry Exhibition Saudi Arabia Launches
dmg events and Koelnmesse launch IDEM Saudi Arabia in Riyadh, Sept 27-29, targeting a growing dental market projected to reach $286.6M by 2033.
Pakistan Central Bank Hikes Key Rate to 11.5%
Pakistan's central bank raised the key policy rate by 100 basis points to 11.5%, the first hike in nearly three years, amid rising oil prices and inflation.
PM Boosts Gemstone Exports Using Local Resources
Prime Minister announces strategy to boost gemstone exports by utilizing local resources, aiming to increase foreign exchange earnings and support local miners.
Pakistan, China sign 3 MoUs on water, agriculture, tea
Pakistan and China signed three MoUs in Changsha to enhance cooperation in desalination, agricultural technology, and the tea industry, witnessed by President Zardari.
Apna Khet Apna Rozgar: Key Step for Agriculture and Economy
Punjab's Apna Khet Apna Rozgar program aims to convert barren land into farmland, benefiting over 88,000 families with leased land and financial support.
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Oil Surges Nearly 3% as US-Iran Peace Talks Hit Impasse
Oil prices jumped nearly 3% on Monday as US-Iran peace talks stalled and Strait of Hormuz shipments remained limited, tightening global supplies.
NexGen Auto, Chery Launch iCar NEVs in Pakistan
NexGen Auto collaborates with Chery to introduce iCar brand electric vehicles in Pakistan, marking a major step in the country's EV adoption.
Water Scarcity Threatens Pakistan Livestock Sector Growth
Water availability under the Indus Water Treaty is critical for livestock in Pakistan's riverine areas. Farmers warn that disruptions reduce fodder, harm animal health, and threaten rural livelihoods.
Mobile Libraries Educate Remote Balochistan
Mobile libraries are transforming education in remote Balochistan, providing books and learning resources to children in underserved areas.
Pakistan Rice Exports Drop 38.55% in July-March
Pakistan's rice exports fell by 38.55% in the first nine months of FY2025-26, with 3.235 million tons worth $1.894 million exported, compared to 4.678 million tons worth $2.757 million last year.
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NEPRA Asked to Scrap Solar Fee, License for Up to 25kW
Consumers demand NEPRA scrap fees and licenses for solar systems up to 25kW to boost renewable energy adoption and reduce electricity costs.
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