Markets

Saudi CMA’s locally managed assets surge to $232.2 billion in 2023

The asset management industry reached $1.1 billion by end of 2023

Oil prices hit highest level in five months, approach $90 as OPEC output remains steady

Mixed U.S. inventories impact crude oil gains, production offset by fuel demand

Saudi Arabia gold prices surge as global rate touches record high of $2,304.09

Gold prices have reached new record highs in each session since last Thursday

Saudi Arabia gold prices surge as global rates hit new record high of $2,288.09

While gold stole the spotlight with its record-breaking rally in prices, other precious metals also experienced gains

Oil prices stabilize amid concerns over supply disruptions

Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East

Oil prices surge on positive economic outlook, geopolitical concerns

China and U.S. demand boost prices amid Middle East conflict

Gold prices in Saudi Arabia remain stable amid stronger U.S. data

Softer U.S. inflation report strengthens bullish sentiment

Oil prices rise amid tight supply, upbeat Chinese economic data

China's manufacturing activity expanded for the first time in six months in March

Gold prices in Saudi Arabia surge at market opening, eyes on U.S. inflation data

Globally, spot gold remained stable at $2,195.34 per ounce

Oil prices rise as tighter supplies drive strong first quarter in 2024

Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months

Gold prices in Saudi Arabia slightly decrease as dollar holds firm

Globally, spot gold stabilized at $2,179.98 per ounce

Oil prices slide for second consecutive day as U.S. stockpiles surge

Market concerns rise as major producers hold output policy steady

Saudi Arabia to get new Social Responsibility Index

The index seeks to encourage enhanced company practices

Saudi Arabia’s Rasan gets IPO approval, to offer 22.7 million shares on Tadawul

The IPO will involve the sale of 30 percent of the company's capital

Oil prices hold steady amidst Russian refinery disruptions, geopolitical tensions

The attacks caused potential disruptions to oil capacity, estimated at 900k bpd

Saudi gold market faces volatility as U.S. dollar gains momentum

Copper retreats from 11-month highs amid growing concerns over China

Oil prices slide on stronger dollar, potential Middle East tensions alleviation

Declining gasoline supply in the U.S. indicates potential slowdown in crude demand

Saudi Arabia sees modest increase in gold prices following Fed’s policy announcement

Resurgence of copper rally takes center stage, PMIs come into focus

Oil prices surge on weaker dollar, Fed’s policy announcement

The expectation of limited supplies continued to support crude prices

Saudi Arabia closes March issuance of sukuk program at $1.17 billion

To cater to investors with different investment horizons, the issuance has been divided into three tranches