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Shares in Saudi's Bupa Arabia rally as first quarter earnings rise

Bupa's shares were trading 4.75% higher on Sunday, outperforming all shares on Tadawul

MENA equity markets set for growth, says Franklin Templeton

Saudi Arabia, Egypt and Dubai markets tipped by emerging markets specialist for improved performance

Dussur appoints Chief Executive Officer

Dr. Raed AlRayes as its new Chief Executive Officer with effect from April 1st, 2019.

Brighter outlook ahead for Saudi petchem firms despite flagging profits

Marked global growth in plastics use will continue to drive demand

SICO announces new management appointments

Haitham Haji and Jithesh Gopi as the newest members of its management team.

Riyad bank stocks trade higher after bank announces surge in Q4 earnings, beating estimates

Riyad Bank announced a 38.6 percent rise in Q4 profit, says result due to fall in provisions and cost of deposits

National Commercial Bank reports rise in Q4 profit, analyst sees earnings result as "mixed"

NCB reported a 3.5% increase in Q4 net profit, beating analysts' estimates

Extra's Q4 earnings: Al Rajhi Capital expects a recovery in growth starting 2020

Shares in Saudi's United Electronics Company (Extra) have dropped this week, despite reporting a rise in Q4 earnings, in line with estimates

Monday outlook: Trade talks, strong U.S. jobs data, boost oil prices and global markets

Oil prices surged early on Monday on hope over an easing in trade tensions between the U.S. and China. Asian shares rose on strong U.S. jobs data and a rise on Wall Street at the end of last week. More commentary on Middle East markets, currencies and precious metals

A slower outflow: Saudi economic indicators pick up, but remittances continue to fall - report

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Merger between NCB and Riyad Bank has "scope for synergies mainly from cost optimization," analyst says

NCB and Riyad Bank announced on Monday that they began preliminary discussions to study a merger

NCB, Al Rajhi and AlJazira possibly have a "higher chance" of a yield increase in the future, report says

NCB, Al Rajhi and AlJazira have seen the lowest increase in yields relative to SAIBOR, implying that these banks possibly have a higher chance of a yield increase in the future

Saudi Arabian Cement sector remained "under pressure" in Q3 2018, report says

Most Saudi Cement companies reported a drop in quarterly net profit as sales volumes continued to decline

Saudi Arabia sees sharp fall in H1 fiscal deficit

H1 revenues now stand at about SR440 billion

MSCI inclusion to boost investment in Saudi equity

MSCI may upgrade Saudi Arabia in tranches

Saudi Arabia reveals earnings estimates for first quarter

Reuters has compiled analysts' estimates for how some of the Saudi Arabia’s companies were expected to perform in the first quarter of 2018

Saudi Arabia Q1 earnings estimates (1)

Saudi Arabia Q1 earnings estimates

Saudi cement inventories down in January

Industry experts expect production cuts to accelerate going forward, stated Al Rajhi Capital Research in its monthly report.

Spending by non-Saudi households to see double digit decline

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Winners and losers: The best and worst performers in GCC equity markets last year

Recent wobble in global markets threatens to close potential window for IPOs

Fuelling the economy: Saudi gas price hikes show reform is on track, says report

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day

MIDEAST STOCKS-Slide in oil prices may pressure petrochemical sector

Petrochemical shares in the Gulf may come under pressure on Wednesday as oil prices have continued to slide

Al Rajhi Capital partners with Tadawul on investing

Al Rajhi Capital, Saudi’s leading investment firm, announced its official partnership with Tadawul (the Saudi Stock Exchange) for the “Invest Wisely Program”.

Saudi restores civil service allowances retroactively as Crown Prince appointed

Saudi restoring the allowances to civil servants and military personnel retroactively back to September 2016.

Consumer spending picks up in Saudi Arabia: Report

Saudi Arabia’s consumer spending is beginning to recover, as indicated by the 11.4% year-on-year increase

Tadawul institutional ownership rises further but different drivers

After reaching multi-year lows during August-September 2016, Tadawul‘s traded value increased to hit a 8-month high in December 2016 with the market gaining 28% during that period

Saudi Arabia can achieve budget surplus by 2019: Report

If all the reforms outlined in the fiscal balance program are implemented within the set timeline, Saudi Arabia could achieve a budget surplus by 2019: Al Rajhi

Saudi balanced budget seen by 2020

VAT, levies on sugary drinks, income from white land tax, full impact of measures announced in 2016 will all drive non-oil revenue growth in 2017 and beyond

Saudi employment seen to rise in 2017 fuelling growth in market consumption

2017 is expected to be a key year of implementation of Vision 2030 and NTP 2020 plans as the Kingdom pursues its economic transformation

Private sector investments in KSA to gather pace in 2017

Private sector to play a major role in achieving the government objectives set out under the National Transformation Plan (NTP) and Vision 2030

Saudi consumers will prefer lower priced alternatives

Saudi retailers are likely to favor discounting to maintain volumes

Saudi municipal tax hike may hurt retail sector gains: Analysts

Government plans to raise municipal fees for services such as business licensing

Al Rajhi Capital raises $155mln for European Real Estate Fund

The five-year closed-ended fund will invest in income generating properties, such as warehouses.

Saudi's Al Rajhi Capital Raises USD 155 Million For European Real Estate Fund

The five-year closed-ended fund will invest in income generating properties, such as warehouses.

New CMA rules likely to boost foreign investment

Industry analysts have described Saudi Arabia's decision to let qualified foreign investors subscribe to IPOs from next year as a positive development.

Outlook is improving for Saudi economy

The outlook is improving for the Saudi economy with crude oil prices recovering over the last month to trade near the $50 mark.

ARC Real Estate Income Fund Taps King & Spalding For $359 Million Exit Transaction

RIYADH, Dec. 3, 2015 King & Spalding advised the ARC Real Estate Income Fund in the successful sale of its entire real estate portfolio in a transaction valued at SAR1.35 billion (US$359 million). The fund's sponsors are Al Rajhi Capital Company and RA Bahrain B.S.C.(c) (formerly known as Arcapita Bank).

Al Rajhi Capital & Arcapita announce the SAR 1.35 billion (USD 360m) exit from ARC real estate income fund

November 30, 2015 Al Rajhi Capital and Arcapita announced today the successful exit of ARC Real Estate Income Fund for a total transaction value of SAR 1.35 billion. Since its launch in 2010, the fund acquired seven key high quality, income-generating assets in the logistics, warehousing and retail sectors, in the Kingdom of Saudi Arabia and the United Arab Emirates. The fund was jointly

Al Rajhi Capital announces launch of IPO fund

Open-ended fund will primarily invest in IPO opportunities in Saudi Arabia with an aim to provide capital appreciation for the fund investors in the medium to long term.