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Business

The latest business coverage from AJEL English — updated around the clock.

Gold prices rise in Saudi Arabia as 21-karat hits SAR 429

Gold prices rise in Saudi Arabia as 21-karat hits SAR 429

Gold prices increased in Saudi Arabia today, with 21-karat gold—the most traded—reaching SAR 429.98 ($114.66) per gram.

Gold set for first monthly gain in five months amid US-Iran tensions

Gold set for first monthly gain in five months amid US-Iran tensions

Oil prices fall over $1 as global supply rises

Oil prices fall over $1 as global supply rises

Spending on health, education and infrastructure is an investment, says economist

Spending on health, education and infrastructure is an investment, says economist

Gold prices climb 1.1% globally as dollar weakens, US inflation slows

Gold prices climb 1.1% globally as dollar weakens, US inflation slows

Saudi non-oil revenue hits record SAR 153.7bn in Q2 2026

Saudi non-oil revenue hits record SAR 153.7bn in Q2 2026

Saudi budget spending falls to SAR 373bn in Q2 after Q1 peak

Saudi budget spending falls to SAR 373bn in Q2 after Q1 peak

Saudi finance ministry reports Q2 2026 budget performance, non-oil revenues at 45%

Saudi finance ministry reports Q2 2026 budget performance, non-oil revenues at 45%

US Fed divisions and rising inflation fuel rate hike uncertainty, says economist

US Fed divisions and rising inflation fuel rate hike uncertainty, says economist

Eastern Province launches investment opportunity for medical education city, commercial centers

Eastern Province launches investment opportunity for medical education city, commercial centers

Asir Municipality seeks investors for worker housing project

Asir Municipality seeks investors for worker housing project

US dollar rebounds after Federal Reserve holds interest rates steady

US dollar rebounds after Federal Reserve holds interest rates steady

IMF praises Saudi Central Bank's liquidity management

IMF praises Saudi Central Bank's liquidity management

Saudi non-oil sector grows 0.6% in Q2 2026 as GDP falls

Saudi non-oil sector grows 0.6% in Q2 2026 as GDP falls

Gold prices rise 0.4% in spot trading

Gold prices rise 0.4% in spot trading

Oil prices fall as Brent drops to $89 per barrel

Oil prices fall as Brent drops to $89 per barrel

US Federal Reserve holds interest rates steady for fifth straight meeting ahead of September decision

US Federal Reserve holds interest rates steady for fifth straight meeting ahead of September decision

Saudi economy turns crises into opportunities, says analyst

Saudi economy turns crises into opportunities, says analyst

Finance Ministry welcomes IMF Article IV report praising Saudi economic resilience

Finance Ministry welcomes IMF Article IV report praising Saudi economic resilience

Saudi economy resilient amid recent regional tensions, IMF says

Saudi economy resilient amid recent regional tensions, IMF says

US crude oil inventories fall 1.74%, hitting lowest since 2018

US crude oil inventories fall 1.74%, hitting lowest since 2018

Gold prices edge higher ahead of US Federal Reserve rate decision

Gold prices edge higher ahead of US Federal Reserve rate decision

Saudi stock market index closes lower at 10,544 points

Saudi stock market index closes lower at 10,544 points