Economy





Agriculture, transport stocks dominate trading

The benchmark Tadawul All-Share Index bucked the prevailing four-day negative trend and turned green with reasonable gains on Tuesday.



Profits of Kingdom’s firms set to rise 17%

DUBAI: The opening of Saudi Arabia's stock market (Tadawul) to direct foreign investment early next year is set to coincide with a pick-up in earnings growth in the Kingdom, which has lagged the regio



Riyadh, Seoul to explore new projects

Saudi Arabia and South Korea have agreed to enhance cooperation in the areas of entrepreneurship and small and medium enterprises (SMEs), local media said quoting a senior official of The Centennial F



FGCCC calls for expanded role of sovereign funds in agro investments

Secretary General of the Federation of GCC Chambers (FGCCC) Abdulrahim Hasan Naqi has stressed the need to expand the role of sovereign funds to have investments in agro, food, animal, and mining area



Opel to cut production, 500 jobs in Russia

BERLIN: Opel Group, the European arm of General Motors, is cutting production and shedding around 500 jobs in Russia, hit by the weak Russian ruble and a plunge in local demand due to a slowing econom





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