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Wednesday, August 26, 2026 · Riyadh

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Business

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

Gold falls 1% after US inflation data meets expectations

Gold falls 1% after US inflation data meets expectations

Gold prices dropped 1% after US inflation data matched forecasts, while the dollar strengthened against other major currencies.

Dollar rises on rate hike expectations ahead of Jackson Hole

Dollar rises on rate hike expectations ahead of Jackson Hole

Al-Mohafazat Real Estate announces successful Qutb auction under Infath supervision

Al-Mohafazat Real Estate announces successful Qutb auction under Infath supervision

Saudi Central Bank seeks public feedback on draft supply chain finance rules

Saudi Central Bank seeks public feedback on draft supply chain finance rules

Saudi stock market index closes higher at 11,259 points

Saudi stock market index closes higher at 11,259 points

Oil prices fall for third straight day as Iran, Oman hold talks

Oil prices fall for third straight day as Iran, Oman hold talks

Onaizah Date Festival welcomes second harvest with thousands of crates

Onaizah Date Festival welcomes second harvest with thousands of crates

Fintech lending to Saudi industrial projects surges 130% in H1 2026

Fintech lending to Saudi industrial projects surges 130% in H1 2026

Gold slips as investors await key US inflation data

Gold slips as investors await key US inflation data

Ministry urges fridge and freezer manufacturers to obtain energy efficiency license

Ministry urges fridge and freezer manufacturers to obtain energy efficiency license

Six real estate opportunities up for auction at 'Nawader Riyadh'

Six real estate opportunities up for auction at 'Nawader Riyadh'

Jeddah Islamic Port adds ONE’s RC2 shipping service

Jeddah Islamic Port adds ONE’s RC2 shipping service

Saudi POS transactions top 237 million, SAR 14 billion in a week

Saudi POS transactions top 237 million, SAR 14 billion in a week

Sukkari dates lead sales at Al-Bukayriyah date market amid strong demand

Sukkari dates lead sales at Al-Bukayriyah date market amid strong demand

Saudi stock market closes higher at 11,231 points with SAR 6.1bn in trades

Saudi stock market closes higher at 11,231 points with SAR 6.1bn in trades

Gold prices dip after hitting three-month high

Gold prices dip after hitting three-month high

Monsha’at and Ealakat sign agreement to provide advisory support for SMEs

Monsha’at and Ealakat sign agreement to provide advisory support for SMEs

Makkah Chamber hosts workshop on Qiwa digital platform and services

Makkah Chamber hosts workshop on Qiwa digital platform and services

Tabuk Chamber highlights export strategies and investment opportunities during Export Week

Tabuk Chamber highlights export strategies and investment opportunities during Export Week

Global Investment Summit 2026 to spotlight water’s role in digital economy

Global Investment Summit 2026 to spotlight water’s role in digital economy

Oil prices rise as US stockpiles hit four-decade low

Oil prices rise as US stockpiles hit four-decade low

Saudi merchandise exports fall 4.5% in June 2026: GASTAT

Saudi merchandise exports fall 4.5% in June 2026: GASTAT

Arabian Pipes share fluctuation limit set at SAR 5.08 after capital hike

Arabian Pipes share fluctuation limit set at SAR 5.08 after capital hike

Aramco signs over $3.7bn in agreements with French firms

Aramco signs over $3.7bn in agreements with French firms

Gold retreats from three-month high as investors eye US inflation data

Gold retreats from three-month high as investors eye US inflation data

Gold hits three-month high as investor demand surges

Gold hits three-month high as investor demand surges

Sukkari dates lead sales at Al-Khubar and Riyadh Al-Khubar Date Festival

Sukkari dates lead sales at Al-Khubar and Riyadh Al-Khubar Date Festival

Oil prices steady as markets await US sanctions on Iran

Oil prices steady as markets await US sanctions on Iran

Heatwaves and drought cost Germany €36 billion, Greenpeace says

Heatwaves and drought cost Germany €36 billion, Greenpeace says

UN proposes mechanism to ease passage of key goods through Strait of Hormuz

UN proposes mechanism to ease passage of key goods through Strait of Hormuz

US expands sanctions on Iran, targets funding and shipping

US expands sanctions on Iran, targets funding and shipping

Buraidah Date Carnival sees surge in trading as varieties boost sales

Buraidah Date Carnival sees surge in trading as varieties boost sales

US to raise tariffs on Canadian cars to 50% from 2027

US to raise tariffs on Canadian cars to 50% from 2027

Saudi Energy signs project financing deal with Bpifrance in Paris

Saudi Energy signs project financing deal with Bpifrance in Paris

US Treasury bond buyback program may exceed $4bn, analyst says

US Treasury bond buyback program may exceed $4bn, analyst says

Saudi-French trade grows to $53.7 billion over five years

Saudi-French trade grows to $53.7 billion over five years

Saudi minister explores AI and gaming partnerships with global firms in Paris

Saudi minister explores AI and gaming partnerships with global firms in Paris

Saudi Arabia offers attractive environment for French investment, researcher says

Saudi Arabia offers attractive environment for French investment, researcher says

Egis CEO: Saudi revenues grew tenfold in six years

Egis CEO: Saudi revenues grew tenfold in six years

Unaizah International Date Season drives economic growth in Qassim

Unaizah International Date Season drives economic growth in Qassim

US Treasury Secretary announces launch of 'economic isolation' campaign against Iran

US Treasury Secretary announces launch of 'economic isolation' campaign against Iran

Saudi-French investment roundtable in Paris highlights new partnership sectors

Saudi-French investment roundtable in Paris highlights new partnership sectors

Saudi investment in China surges 344% in first seven months of 2023

Saudi investment in China surges 344% in first seven months of 2023

Saudi Arabia opens doors to French investment, says investment minister

Saudi Arabia opens doors to French investment, says investment minister

Saudi stock market closes higher at 11,174 points with SAR 6bn in trades

Saudi stock market closes higher at 11,174 points with SAR 6bn in trades

Saudi investment minister highlights Kingdom's rapid market growth

Saudi investment minister highlights Kingdom's rapid market growth