last trade: 11.55 SAR (24 May 2017) 0.00
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JEDDAH - The price of oil per a barrel has plummeted from $110 in June 2014 to below $50 in November 2015. While choosing to maintain the production of oil supply to retain global market share, the Saudi Arabian government has had to re-align its expenditure to cope with a budget deficit caused by declining oil revenues.The Saudi Gazette - 09-Nov-2015
The Saudi equities index had dropped 1.1 percent on Sunday. On Monday the impact of that news fadedThe Saudi Gazette - 03-Nov-2015
Saudi stock market stabilized after slide on previous day in response to a downgrade of kingdom's debt. Emaar Properties lifted Dubai's market after reporting third-quarter earnings.Reuters News - 02-Nov-2015
Saudi stock market edged up early on Mon, after a slide on previous day in response to Standard & Poor's downgrade the kingdom's sovereign debt; Egyptian stocks slipped lower.Reuters News - 02-Nov-2015
Changes in the global political climate have resulted in increasing uncertainty in trading markets and economies around the world. For investors, this could be either a great time to invest in assets or a better time to protect their net worth.
The UAE is embracing technology innovation with a vengeance and has seen digital payment systems become a key area of focus.