Friday, 3 Feb 2023

Category: Business

British Stock Market Closes Lower

London, Jan. 31, 2023, SPA — The main London Stock Exchange index, the FTSE 100, ended the day’s trading lower.The index – which includes the 100 largest companies in the London Stock Exchange – decreased by 0.17%, equivalent to 13.17 points, to reach…

Saudi Central Bank: Insurance Sector Adopts IFRS 17 and IFRS 9

Riyadh– The Saudi Central Bank (SAMA) announced the formal adoption of International Financial Reporting Standard-IFRS 17 Insurance Contracts and International Financial Reporting Standard-IFRS 9 Financial Instruments by the Saudi insurance sector. Im…

US Stock Market Closes Higher

New York, The US stock market indexes recorded an increase at the close of the trading session on the New York Stock Exchange.The Dow Jones Industrial Average closed up 28.67 points, or 0.08%, to close at 33978.08 points, while the Nasdaq Composite Ind…

European Stocks Close Lower

European stocks recorded a decline, after the improvement in economic activity in the euro zone, fueled speculation that the European Central Bank will continue to raise interest rates further to curb inflation.The STOXX Europe 600 index declined by 0….

CEO of Broadcasting & TV Authority Receives Ambassador of Belgium

The CEO of the Broadcasting and Television Authority Mohammed bin Fahd Al-Harthi has received in his office in Riyadh the Ambassador of the Kingdom of Belgium to the Kingdom of Saudi Arabia Pascal H. Gregoire.During the meeting, which took place on Mon…

CEO of SFDA Receives Indonesian Minister of Trade

CEO of the Saudi Food and Drug Authority (SFDA) Dr. Hisham bin Saad Aljadhey received here today Indonesian Minister of Trade Dr. Zulkifli Hasan, in the presence of Indonesian Ambassador to the Kingdom of Saudi Arabia Dr. Abdulaziz Ahmad and a number o…