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Wednesday, July 29, 2026 · Riyadh

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Business

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

Alawam Cars platform merges digital auto trading and expert content

Alawam Cars platform merges digital auto trading and expert content

Digital transformation has reshaped the car market, with social platforms now key for showcasing vehicles and providing buyers with informed choices.

Gold edges lower as markets await US Federal Reserve rate decision

Gold edges lower as markets await US Federal Reserve rate decision

Oil prices climb over $2 as US crude stocks fall

Oil prices climb over $2 as US crude stocks fall

Saudi banks outline three key steps to boost savings

Saudi banks outline three key steps to boost savings

US crude oil falls below $80 per barrel after Trump comments

US crude oil falls below $80 per barrel after Trump comments

Saudi Central Bank licenses Himmah platform for debt crowdfunding

Saudi Central Bank licenses Himmah platform for debt crowdfunding

Saudi POS transactions reach 226 million in a week, totaling SAR 12.3bn

Saudi POS transactions reach 226 million in a week, totaling SAR 12.3bn

Saudi stock index falls to 10,678 points amid SAR 3.8bn trading

Saudi stock index falls to 10,678 points amid SAR 3.8bn trading

Ministry of Industry issues 47,368 certificates of origin in June 2026

Ministry of Industry issues 47,368 certificates of origin in June 2026

Ardara, Sumou Holding announce second investment in Abha’s Al-Wadi project

Ardara, Sumou Holding announce second investment in Abha’s Al-Wadi project

Al-Jouf Municipality offers investment opportunity for concrete plant in Sakaka

Al-Jouf Municipality offers investment opportunity for concrete plant in Sakaka

Al-Asyah municipality signs 18 investment contracts worth over SAR 2.5 million

Al-Asyah municipality signs 18 investment contracts worth over SAR 2.5 million

Gold slips as dollar strengthens, markets await Fed meeting

Gold slips as dollar strengthens, markets await Fed meeting

Oil prices extend losses as Brent crude falls to $86.89

Oil prices extend losses as Brent crude falls to $86.89

US dollar hits one-month high as Fed rate hike remains possible

US dollar hits one-month high as Fed rate hike remains possible

Medina governor sponsors launch of Medina Dates Season 2026

Medina governor sponsors launch of Medina Dates Season 2026

Gold prices climb as dollar weakens

Gold prices climb as dollar weakens

Oil prices close at lowest level in over a week after US halts Iran strikes

Oil prices close at lowest level in over a week after US halts Iran strikes

Aramco selects Falak Cart to enable Al Mahoud Factory’s e-commerce expansion

Aramco selects Falak Cart to enable Al Mahoud Factory’s e-commerce expansion

Rising Saudi oil exports signal continued global demand, energy expert says

Rising Saudi oil exports signal continued global demand, energy expert says

Rising oil exports highlight strength of Saudi economy, expert says

Rising oil exports highlight strength of Saudi economy, expert says

Saudi stock market index closes higher at 10,769 points with SAR 4.4bn in trades

Saudi stock market index closes higher at 10,769 points with SAR 4.4bn in trades

Oil prices drop over 6% amid geopolitical tensions

Oil prices drop over 6% amid geopolitical tensions