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Market data, analysis, and commentary from Saudi Arabia's leading business news provider. Arabic Account: @Argaam

Joined October 2014
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@ArgaamPlus
Argaam Plus
6 years
#BREAKING - Saudi energy minister @Khalid_AlFalih calls for 1 million barrels per day global oil output cut #OOTT
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@ArgaamPlus
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5 years
Here’s a look at the Saudi #projects expected to come on stream in 2019, based on data compiled by Argaam #SaudiArabia
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@ArgaamPlus
Argaam Plus
6 years
Exclusive: #US electric car manufacturer #Lucid Motors will use the $1 billion funding from Saudi Public Investment Fund (PIF) to accelerate production and launch Lucid Air in 2020, a senior executive told #Argaam .
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@ArgaamPlus
Argaam Plus
6 years
Saudi Crown Prince Mohammed bin Salman with King Abdullah of Jordan. #FII2018 #SaudiArabia #FIIKSA
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@ArgaamPlus
Argaam Plus
6 years
#Saudi Energy Minister @Khalid_AlFalih calls for a 1 mbd global oil output cut to maintain balance #OOTT #ADIPEC2018
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@ArgaamPlus
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5 years
Top eight projects in #Saudi Arabia that are scheduled to open in 2019
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@ArgaamPlus
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5 years
In Pictures: #US Secretary of State arrives in #Riyadh ; holds talks with Saudi King Salman and Crown Prince Mohammed bin Salman
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@ArgaamPlus
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6 years
#UK -based multinational oil and gas company @BP_plc is planning to boost its presence in the Middle East by investing in the UAE and Egypt, says CEO Bob Dudley #OOTT
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@ArgaamPlus
Argaam Plus
5 years
Saudi Arabia's economy to grow 2% in 2019, says @WorldBank #SaudiArabia
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@ArgaamPlus
Argaam Plus
5 years
Take a look at the merger and acquisition pipeline of #Saudi Arabia in 2019
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@ArgaamPlus
Argaam Plus
6 years
IN PICTURES: Saudi Crown Prince Mohammed bin Salman meets with global business leaders on the sidelines of #FII2018 .
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@ArgaamPlus
Argaam Plus
6 years
#FII2018 : Sheikh Mohammed Bin Rashid Al Maktoum (right), Vice President and Prime Minister of the #UAE and Ruler of #Dubai , in the audience at the @FIIKSA conference.
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5 years
Analysts expect long-term growth for Saudi real estate on government stimulus and mega infrastructure projects #SaudiArabia #RealEstate
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5 years
#Saudi Arabia’s #banks are expected to post stable balance sheet growth and profitability this year, analysts told Argaam
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5 years
#Saudi Arabia’s Ministry of Finance raises $7.5 billion from its fourth international #bond issuance
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6 years
Saudi Crown Prince Mohammed bin Salman takes his seat at the #FII2018 summit in #KSA . @FIIKSA
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6 years
The Future Investment Initiative (FII) 2018 launched in #Riyadh today, under the patronage of King Salman and Crown Prince Mohammed bin Salman. #FII2018
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Argaam Plus
5 years
#Exclusive : #Saudi -based Shaker Group has started implementing its strategic plan to streamline operations and cost reductions to turnaround business, says its CEO
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6 years
#Tadawul -listed fuel stations' operator, #Aldrees posts record low profit margins in Q3 2018
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5 years
Qualified foreign investors increased their stakes in 47 #Tadawul -listed firms on Thursday January 3
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5 years
Saudi Arabia’s plans to build two large #nuclear power reactors are on track, Energy Minister Khalid Al-Falih said #OOTT
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@ArgaamPlus
Argaam Plus
6 years
#FII2018 : The #Saudi central bank (SAMA) is studying requests of four regional lenders to open new branches across the Kingdom, says governor Ahmed Al-Kholifey @FIIKSA
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5 years
Here’s a look at the Saudi #projects expected to come on stream in 2019, based on data compiled by Argaam #SaudiArabia
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Argaam Plus
5 years
Global index provider MSCI Inc announced it would include the MSCI Saudi Arabia Indexes in Emerging Markets Indexes
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5 years
#Argaam has compiled a list of key events, factors, and corporate actions that could impact #Saudi companies’ Q4 2018 results
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5 years
Saudi Arabia aims to produce 60 GW of #renewable energy from solar and wind by 2030, says the president of the King Abdullah Atomic and Renewable Energy City #OOTT
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5 years
Shale oil alone will not be capable of meeting the growing market demand, Saudi Energy Minister Khalid Al-Falih said at the #ACEnergyForum #OOTT
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5 years
#Saudi_Arabia expects to debut commercial 5G services in 2019
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Argaam Plus
5 years
Riyadh aspires to be world’s next leading smart city, but here's a look at some of the challenges it could face by Argaam Editor-in-Chief @Reem_Abdellatif #ArgaamOpEd #smartcity #AbuDhabi #Riyadh
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5 years
Riyadh aspires to be world’s next leading smart city, but here's a look at some of the challenges it could face by Argaam Editor-in-Chief @Reem_Abdellatif #ArgaamOpEd #smartcity #AbuDhabi #Riyadh
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@ArgaamPlus
Argaam Plus
3 years
Turki Al-Sheikh, Chairman of the General #Entertainment Authority ( #GEA ), said that the entertainment sector will compete with the #real_estate sector and stock market.
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5 years
EXCLUSIVE: Twitter launches new revenue products for advertisers targeting Saudi Arabia #TwitterMENA
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5 years
The recent attack on #Saudi oil tankers and growing tensions near the Strait of Hormuz could drive oil prices higher #OOTT
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4 years
Prince Abdulaziz bin Salman: The coronavirus pandemic is causing the greatest recession the world has seen in a century, with the full extent damage caused by the pandemic likely not realized – although experts broadly agree that the worst has passed @FIIKSA
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5 years
Five Saudi YouTubers you really don’t want to miss #originalcontent
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5 years
#Exclusive : Saudi German Hospital says it’s ready to take on competition, as it aims to launch one new #healthcare facility every year
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@ArgaamPlus
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6 years
#FII2018 : "We want to be closer to the world. We want to keep increasing standards of corporate governance in our companies, and we welcome all investors to come and talk to us, and talk to the regulators," says Sarah Al Suhaimi, chairperson at Saudi Stock Exchange @tadawul .
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5 years
#Saudi banking sector ready to finance entertainment projects: Talaat Hafez #banks
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5 years
Saudi Aramco was the world's most #profitable company in 2018, with a net income of $111 billion @Saudi_Aramco #OOTT
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Argaam Plus
5 years
Saudi-listed firms post 8% drop in their aggregate net profits in Q1 2019, data compiled by Argaam shows
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5 years
#Exclusive : Saudi-based @ACWAPower chief highlights the surge in #renewables worldwide as a catalyst to invest in Africa and Southeast Asia
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Argaam Plus
6 years
#FII2018 : Saudi Arabia offers a variety of incentives to attract #investors . @FIIKSA
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Argaam Plus
3 years
The world will face an energy crisis unless investment expenditure is raised to maintain and increase production capacity, says Prince Abdulaziz bin Salman, Saudi Minister of Energy #Energy #Minister_of_Energy #Budget_Forum2022 #SaudiBudget2022
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@ArgaamPlus
Argaam Plus
5 years
"I used to say it's not a glass ceiling stopping Saudi women but a glass partition. Our vision says we belong, I belong as a Saudi woman and the partitions have gone. We need to break people's mindset." -Princess Reema Bint Bandar Al-Saud #ArgaamQuotes
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5 years
#OPEC and its allies ready to cut supply further if global economy stalls, says Saudi energy minister @Khalid_AlFalih #OOTT
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Argaam Plus
7 years
Humanoid robots? Sophia will give the #FII2017 audience a front row seat to the future @hansonrobotics
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Argaam Plus
5 years
#Exclusive : New government policies as well as #Saudization levels will boost opportunities in the Saudi real estate market, says Kaden Investment CEO
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6 years
Crown Prince Mohammed bin Salman on #Qatar : "Despite our difference with them, they have a strong economy and they will be totally different in five years." #FII2018
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Argaam Plus
3 years
The linkage agreement between Securities Depository Center Co. ( #Edaa ) and Belgium-based financial services provider, Euroclear, boosts cash flows to Saudi bond, sukuk market CEO Raed Alhumaid tells Argaam #FII5 @FIIKSA #FIIKSA #ImpactOnHumanity
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5 years
Saudi Aramco is likely to issue #bonds in the international markets in the range of up to $10 billion, says the Kingdom’s Energy Minister @Khalid_AlFalih @Saudi_Aramco
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5 years
Opinion: #Oil market wakes up to risks as #OPEC remains unthreatened by US shale oil
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6 years
#FII2018 : Crown Prince Mohammed bin Salman takes his seat at the Future Investment Initiative, joining global leaders and business influencers from around the world. @FIIKSA
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Argaam Plus
1 year
Lucid Motors to launch first Saud-assembled EV in September, says company’s Global Vice President and Managing Director Middle East Faisal Sultan #Lucid_Motors #PIF_Private_Sector_Forum
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Argaam Plus
5 years
Saudi Arabia is currently in initial talks with the UAE and Oman for an interconnected natural #gas pipeline, says the Kingdom's energy minister @Khalid_AlFalih #OOTT
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Argaam Plus
6 years
#FII2018 : Saudi energy minister Khalid Al-Falih says the Kingdom is going through a crisis because of the incident in Turkey, calls Khashoggi killing "abhorrent." #OOTT @FIIKSA
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Argaam Plus
6 years
IN PICTURES: Day 2 of #FII2018 kicks off in #Riyadh , with an agenda packed with insightful discussions.
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Argaam Plus
6 years
#FII2018 : #Saudi Arabia signs key transport deals, including an agreement for the second phase of the Haramain high-speed rail, as well as one for a Saudi land bridge.
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6 years
#FII2018 : #Saudi businesswoman Lubna Olayan on death of Jamal Khashoggi: The “terrible acts reported in recent weeks are alien to our culture and DNA.” @FIIKSA
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Argaam Plus
1 year
Lucid Motors, partially owned by the Public Investment Fund, recently began #EV deliveries, with prices starting at SAR 440,000 apiece, Faisal Sultan, Vice President and Managing Director of Lucid Middle East, tells Argaam #Lucid_Motors #Lucid #SaudiArabia
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Argaam Plus
6 years
#Saudi Arabia’s sovereign wealth fund plans to allocate 50% of its assets to international investments by 2030, says MD Yasir Al-Rumayyan at #FII2018 @FIIKSA
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Argaam Plus
6 years
The Future Investment Initiative (FII) has become a global platform for major corporate representatives, investors and thinkers: economists #FII2018 @FIIKSA
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5 years
#Saudi Aramco ready to boost investments in #China ’s energy infrastructure: Nasser @Saudi_Aramco #OOTT
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5 years
Argaam #Petrochemical Index extends losses on lower ethylene, MEG prices
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@ArgaamPlus
Argaam Plus
4 months
Argaam Tools | Car Rental Company Ratios Study the financial ratios and key data of car rental companies listed on the Saudi market. - Through 33 charts 📈 - Over 10 years 📆 Explore now 🔍
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6 years
#Saudi Arabia's Public Investment Fund (PIF) aims to bring a majority of #SoftBank Vision Fund portfolio firms to the Kingdom, says Yasir Al Rumayyan #FII2018 @FIIKSA
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Argaam Plus
5 years
#Exclusive : Saudi Stock Exchange ( @tadawul ) is expected to climb higher on the optimism of an #oil price recovery and inclusion into MSCI and FTSE Russell EM indices this year, say experts
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Argaam Plus
5 years
It's official: #Uber buys ride-hailing app @careem for $3.1 billion
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@ArgaamPlus
Argaam Plus
9 months
Lucid delivers EVs assembled in Saudi Arabia to customers: CEO #ElectricVehicles #LucidMotors #SaudiArabia #Lucid #EVs
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6 years
Saudi Aramco has signed 15 agreements worth a total of $34 billion at the #FII2018 conference in #Riyadh . @FIIKSA @Saudi_Aramco #OOTT
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6 years
#Saudi Arabia's #Petrochem likely to post 24% profit increase in Q3 2018, based on #Argaam estimates #OOTT
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6 years
At #FII2018 , Pakistani Prime Minister #ImranKhan says there will be increasing bilateral cooperation with Saudi Arabia, and Crown Prince Mohammed bin Salman is organizing a delegation of Saudi businessmen to invest in #Pakistan .
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6 years
Business as usual with foreign banks not attending FII: #SAMA governor #FII2018 @FIIKSA
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6 years
#FII2018 : Global oil consumption is likely to cross the 100 million bpd mark soon, says #UAE Minister of State and @ADNOC Group CEO Sultan Al Jaber.
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6 years
#Saudi Crown Prince Mohammed bin Salman calls #JamalKhashoggi case "a heinous crime that cannot be justified"; vows to take action against perpetrators.
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6 years
#Saudi Arabia's Public Investment Fund (PIF) aims to bring a majority of #SoftBank Vision Fund portfolio firms to the Kingdom, says Yasir Al Rumayyan #FII2018 @FIIKSA
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5 years
#Saudi_Arabia picks Princess Reema bint Bandar as its first female #ambassador to United States
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6 years
#FII2018 : Deals over $50 billion signed at Saudi Arabia's Future Investment Initiative conference. @FIIKSA @Saudi_Aramco #OOTT
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6 years
A crowd awaits Saudi Arabia's Crown Prince Mohammed bin Salman to take the stage at #FII2018 .
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Argaam Plus
4 years
#EXCLUSIVE : Saudi Ground Services Co. ( #SGS ) expects better results in H2 2020, boosts market share to 96%: CEO
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6 years
Exclusive: #Saudi #telecom market open to new investments, says Al-Sawahah #FII2018
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@ArgaamPlus
Argaam Plus
2 months
Argaam Charts - Comprehensive interactive financial data platform - Financial data and indicators in graphs - More than 100 charts per company on one page - Over 20 years - Now available in full package Discover Now 🔗 #Time_invaluable #Argaam_Charts
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6 years
#FII2018 : #UAE 's NMC Health has signed an agremeent with #Saudi Arabia's Hassana Investment Company targeting investments of $1.6 billion over the next five years in the Saudi #healthcare sector. @FIIKSA
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6 years
#FII2018 : @Saudi_Aramco has signed a deal with UAE’s NPCC to build a fabrication yard and marine base worth SAR 160 million in Ras Al Khair. #OOTT @FIIKSA
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Argaam Plus
7 years
#OPEC should treat Asian countries as primary markets, says #India #Asia #OOTT #oil
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6 years
“Leaders are all here with a single purpose – to design, together, the future of collaboration," says Yasir Al-Rumayyan, managing director, Public Investment Fund, at #FII2018 @FIIKSA
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Argaam Plus
3 years
“Private sector-government collaboration is very important at this stage for #Saudi Arabia to move on,” says Bandar Alkhorayef, Minister of #Industry and #Mineral_Resources . #FII5 @FIIKSA #FIIKSA #ImpactOnHumanity
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6 years
#Alawwal Bank’s net profit seen to fall 22% in Q3 2018, based on estimates compiled by #Argaam #banks
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6 years
#FII2018 : #Saudi energy minister Khalid Al-Falih: “We don’t rule out the Kingdom’s oil output will exceed the current level by 1-2 million barrels per day going forward." @FIIKSA #OOTT
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6 years
Saudi Crown Prince Mohammed bin Salman will address the #FII2018 conference later today. @FIIKSA #MbS
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6 years
#FII2018 : Sultan Ahmed bin Sulayem, CEO at @DP_World : “We believe that we can capitalise on new technologies to make #KSA , and Jeddah in particular, an efficient global hub.”
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6 years
#FII2018 : The Future Investment Initiative conference will be turned into a foundation with its own offices and staff, says Yasir Al-Rumayyan, managing director of the #Saudi wealth fund.
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1 year
Lucid appoints Turqi Al-Nowaiser as Chairman
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6 years
#Saudi Aramco will raise production at Khurais field to 300,000 bpd by 2018-end @Saudi_Aramco #OOTT #FII2018
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@ArgaamPlus
Argaam Plus
5 years
Here's what @Uber 's buyout of @Careem means in terms of profit for two of #SaudiArabia 's largest listed companies
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