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Friday, October 16, 2026 · Riyadh

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Business

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

Saudi Arabia sees rapid digital transformation, says AI governance official

Saudi Arabia sees rapid digital transformation, says AI governance official

Saudi Arabia’s digital transformation is driving growth in the cybersecurity market, according to the Deputy Chair of AI Governance.

Egypt keeps fuel prices unchanged through late 2026

Egypt keeps fuel prices unchanged through late 2026

Partnerships and investment key to sustainable agricultural innovation, says Yafai

Partnerships and investment key to sustainable agricultural innovation, says Yafai

Japan and US agree on $21bn semiconductor project in New York

Japan and US agree on $21bn semiconductor project in New York

Gold prices climb over 1% after recent declines

Gold prices climb over 1% after recent declines

Dollar retreats from 18-month high despite strong US inflation data

Dollar retreats from 18-month high despite strong US inflation data

Saudi inflation rises 1.9% in September 2026

Saudi inflation rises 1.9% in September 2026

Oil prices drop as Brent crude falls to $104 per barrel

Oil prices drop as Brent crude falls to $104 per barrel

IEA warns diesel shortages to impact global economy through 2027

IEA warns diesel shortages to impact global economy through 2027

US crude and distillate stocks fall, gasoline inventories rise

US crude and distillate stocks fall, gasoline inventories rise

Saudi tax committees begin accepting VAT refund claims on real estate by individuals

Saudi tax committees begin accepting VAT refund claims on real estate by individuals

Gold prices drop over 1% in spot trading on US inflation data

Gold prices drop over 1% in spot trading on US inflation data

Dollar rises after US inflation data for September

Dollar rises after US inflation data for September

Saudi Ministry of Industry issues 438 new licenses, 189 factories begin production in July 2026

Saudi Ministry of Industry issues 438 new licenses, 189 factories begin production in July 2026

Saudi stock market index closes lower at 10,138 points on SAR 3.9bn turnover

Saudi stock market index closes lower at 10,138 points on SAR 3.9bn turnover

Zood Real Estate launches Élevée, an integrated eight-tower community in Riyadh's Al-Nakheel district

Zood Real Estate launches Élevée, an integrated eight-tower community in Riyadh's Al-Nakheel district

GCC economies resilient, expanding global partnerships a priority: Budeiwi

GCC economies resilient, expanding global partnerships a priority: Budeiwi

GCC chief highlights deepening economic partnership with China

GCC chief highlights deepening economic partnership with China

IMF chief: Saudi reforms have built buffers against war fallout

IMF chief: Saudi reforms have built buffers against war fallout

E-commerce business registrations in Saudi Arabia surge 25% by Q3 2026

E-commerce business registrations in Saudi Arabia surge 25% by Q3 2026

GCC-Asia economic partnership key to investment and infrastructure, says GCC chief

GCC-Asia economic partnership key to investment and infrastructure, says GCC chief

Oil prices rise as Brent crude hits $106.58 per barrel

Oil prices rise as Brent crude hits $106.58 per barrel

Gold prices edge lower in US trading after recent gains

Gold prices edge lower in US trading after recent gains