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Tuesday, August 25, 2026 · Riyadh

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Business

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

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 prices slipped after hitting a three-month peak, with investors shifting focus to upcoming US inflation data and market signals.

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

Commerce Ministry urges compliance with franchise regulations, warns of six common violations

Commerce Ministry urges compliance with franchise regulations, warns of six common violations

Saudi finance ministry, Bpifrance sign $5bn credit line agreement

Saudi finance ministry, Bpifrance sign $5bn credit line agreement

Iranian central bank governor says foreign currency supply secured

Iranian central bank governor says foreign currency supply secured

Brent crude falls 2% to $92.5 as US eyes tighter Iran sanctions

Brent crude falls 2% to $92.5 as US eyes tighter Iran sanctions

Iranian rial plunges to record low against US dollar

Iranian rial plunges to record low against US dollar

Accelerated Solutions renews SAR 58.27m credit facility with Riyad Bank

Accelerated Solutions renews SAR 58.27m credit facility with Riyad Bank

Al Jouf Agricultural proposes capital increase with 4.5m new shares

Al Jouf Agricultural proposes capital increase with 4.5m new shares

US dollar nears multi-month lows amid market volatility

US dollar nears multi-month lows amid market volatility

Paris hosts French-Saudi investment roundtable today

Paris hosts French-Saudi investment roundtable today

Gold hits three-month high as investors await US inflation data

Gold hits three-month high as investors await US inflation data

National Center for Vegetation Development unveils five sustainable investment opportunities in Tabuk

National Center for Vegetation Development unveils five sustainable investment opportunities in Tabuk

Oil prices fall 1% ahead of expected new US sanctions on Iran

Oil prices fall 1% ahead of expected new US sanctions on Iran

Tarsheed boosts energy efficiency in Saudi public schools

Tarsheed boosts energy efficiency in Saudi public schools

US treasury secretary announces toughest-ever sanctions on Iran

US treasury secretary announces toughest-ever sanctions on Iran

Export Week launches in Jeddah to boost global market expansion

Export Week launches in Jeddah to boost global market expansion

SAMA governor, CMA chief discuss boosting cooperation in financial sector development

SAMA governor, CMA chief discuss boosting cooperation in financial sector development

Saudi stock market index closes higher at 11,078 points

Saudi stock market index closes higher at 11,078 points

Ma'aden secures first $1 billion syndicated international loan

Ma'aden secures first $1 billion syndicated international loan

BinDawood completes purchase of 1 million shares for employee incentive plan

BinDawood completes purchase of 1 million shares for employee incentive plan

Budget Saudi launches third brand ‘Alam Al Sayarat’ for short-term rentals

Al-Mudhnab date season welcomes first batch of red Sukari dates

Al-Mudhnab date season welcomes first batch of red Sukari dates

Industry ministry issues over 50,000 certificates of origin in July 2026

Industry ministry issues over 50,000 certificates of origin in July 2026

Paris to host Saudi-French investment roundtable on Monday

Paris to host Saudi-French investment roundtable on Monday

Riyadh Chamber to host legal forum on mergers and acquisitions

Riyadh Chamber to host legal forum on mergers and acquisitions

Khairat Hail project aims to boost local products, says director

Khairat Hail project aims to boost local products, says director

Zait Al Naqi expands Saudi presence with franchise model

Zait Al Naqi expands Saudi presence with franchise model

Proof of harm in anti-dumping cases relies on multiple market indicators

Proof of harm in anti-dumping cases relies on multiple market indicators

Back-to-school season boosts stationery sales in Northern Borders

Back-to-school season boosts stationery sales in Northern Borders

Trade tensions escalate as Canada vows tariffs in response to US duties

Trade tensions escalate as Canada vows tariffs in response to US duties

Oil prices surge 6% in a week as Brent nears $95 a barrel

Oil prices surge 6% in a week as Brent nears $95 a barrel

Saudi-French partnership extends beyond trade to broad strategic alliance

Saudi-French partnership extends beyond trade to broad strategic alliance

Russian central bank lowers dollar and yuan, raises euro against ruble

Russian central bank lowers dollar and yuan, raises euro against ruble

Gold prices jump 1.6%, post strong weekly gains in global markets

Gold prices jump 1.6%, post strong weekly gains in global markets

Najran Chamber hosts entrepreneurs' bazaar to mark World Entrepreneurs' Day

Najran Chamber hosts entrepreneurs' bazaar to mark World Entrepreneurs' Day

Saudi Arabia and Iraq discuss energy security and regional supply stability

Saudi Arabia and Iraq discuss energy security and regional supply stability

Emergency cash concerns drive rise in euro banknotes despite digital payments

Emergency cash concerns drive rise in euro banknotes despite digital payments

Gold hits three-month high as dollar weakens, US Treasury moves

Gold hits three-month high as dollar weakens, US Treasury moves

Fewer ships transit Strait of Hormuz as supertankers absent

Fewer ships transit Strait of Hormuz as supertankers absent

Gold prices rise in Saudi Arabia as 21-karat hits SAR 480

Gold prices rise in Saudi Arabia as 21-karat hits SAR 480

Russian banks see massive withdrawals as expert cites precautionary moves

Russian banks see massive withdrawals as expert cites precautionary moves

Panama Canal to cap daily ship transits amid El Niño water concerns

Panama Canal to cap daily ship transits amid El Niño water concerns

Oil prices set for second consecutive weekly gains

Oil prices set for second consecutive weekly gains

Saudi Arabia signs major battery storage deals to boost renewable energy targets

Saudi Arabia signs major battery storage deals to boost renewable energy targets

Gold prices steady as dollar weakens, US Treasury acts to curb yields

Gold prices steady as dollar weakens, US Treasury acts to curb yields

Gold prices steady at $4,516.19 per ounce in New York

Gold prices steady at $4,516.19 per ounce in New York

Saudi Capital Market Authority accepts class action against Hamel Al Musk, opens 90-day opt-in

Saudi Capital Market Authority accepts class action against Hamel Al Musk, opens 90-day opt-in

Saudi economic growth forecast raised to 5.5% by 2027, reflecting resilience

Saudi economic growth forecast raised to 5.5% by 2027, reflecting resilience