UAE INVESTMENTS IN INDIA EXCEED THE AMOUNT OF EIGHT BILLION DOLLARS

Anurag Bhushan, the Consul General of India in Dubai praised the UAE Indian historical relations, pointing out that the UAE investments in India is estimated by more than $ 8 billion, $ 2.89 billion direct investments. He explained that the UAE is the 11th largest investor in India in the world and trade between the […]

PSYCHOLOGICAL PREPARATION AND PRECAUTIONS BEFORE YOUR FIRST FOREX DEAL

Currency trading was not always that popular among Saudi investors, as it was not available but for some investors which had different results, few years ago, it became available to all investors with different stocks, so it’s reasonable to write this tips to new investors to show them what they should do. The first and […]

DECLINES IN THE GULF STOCK MARKET AFTER RELUCTANCE OF INVESTORS TO PARTICIPATE IN RAMADAN

The Gulf stock markets witnessed a decline on Thursday’s session despite the high oil prices due to reluctance of some local individual investors to participate in with the beginning of Ramadan. The main index of the Saudi market declined by 0.4 percent and Al Rajhi Bank stock has declined by one percent, causing a huge pressure on […]

ONLY IN SAUDI STOCK MARKET, 81 INVESTORS OWN 151 BILLION RIYAL !

According to the Saudi stock market, there are 81 individuals own about 151 billion SR shares. These individuals are considered as the major shareholders of the Saudi stock market. What they own equals about 7% of the total market value, and 12 % of the market value of the shares owned by the major shareholders, […]

INCREASE OIL PRODUCTION INCREASES PROFITS FOR OIL-CONSUMING COUNTRIES

Oil-consuming countries is taking a policy of expansion in cheap oil storage, as well as constructing new refineries which has no impact on prices or demand which makes these countries maintain their market stocks. In addition, in light of the huge competition between producers who are working to increase production to keep their market share, […]

OIL SOURCES: CONTRACTUAL DISAGREEMENTS BETWEEN ARAMCO AND KOREAN COMPANY POSTPONE THE ESTABLISHMENT OF JAZAN REFINERY

Sources in oil industry sector said that contractual differences between Saudi Aramco and Korean SK for Engineering & Construction led to the postponement of the establishment of an oil refinery with capacity of 400 thousand barrels per day in Jazan. The sources said in Saudi Arabia that despite the controversy that revolves around compensation claims […]

SAUDI ARABIA RECORDED THE HIGHEST OIL PRODUCTION RATE LAST MARCH

The Minister of oil Ali Al-Noemi announced that the Kingdom has recorded the highest oil production rate in the late 13 years by 10.3 million barrels a day last month. It’s notable to say that Saudi Arabia is depending mainly on oil incomes in the state budget, Oil revenues represent 85% of the total national […]

MONOPOLY IN SAUDI ARABIA MAY GIVE YOU 1 BILLION RIYAL FINE!

 “More than 80 cases pending in the Office of the Ombudsman about the monopoly”  Dr. Tawfiq Al-Rabiah said .pointing out that the ministry is determined to prevent monopoly. Reports shows, that  there will be changes in  the system of fines to reach up to one billion riyals, and the fines to be measured by the […]

PSYCHOLOGICAL PREPARATION AND PRECAUTIONS BEFORE YOUR FIRST FOREX DEAL

Currency trading was not always that popular among Saudi investors, as it was not available but for some investors which had different results, few years ago, it became available to all investors with different stocks, so it’s reasonable to write this tips to new investors to show them what they should do. The first and […]