News
US manufacturing output edges up in May - "
4+ hour, 22+ min ago (82+ words) US manufacturing output edges up in May " US manufacturing production rose slightly in May, indicating the impact of supply chain disruptions and higher energy prices on the sector. Data released by the Federal Reserve on Monday showed manufacturing output stabilizing…...
US inflation rises to highest level since April 2023 - "
5+ day, 12+ hour ago (121+ words) US annual inflation rate rose to 4. 2% in May, its highest level since April 2023, driven by rising oil prices amid the US-Iran trade war, according to data from the Bureau of Labor Statistics. This data is expected to influence the Federal…...
Saudi Arabia's real GDP grows 3% in Q1 2026 - "
6+ day, 21+ hour ago (240+ words) All economic activities recorded positive Yo Y growth in Q1 2026: GASTAT Saudi Arabia's real gross domestic product (GDP) grew 3% in the first quarter of 2026, compared with the same period a year earlier, according to the General Authority for Statistics (GASTAT). GASTAT…...
Gold falls ahead of US jobs report - "
1+ week, 3+ day ago (141+ words) Gold prices declined on Friday ahead of the release of the US monthly employment report, with the precious metal heading for a weekly loss as ongoing geopolitical tensions continue to fuel inflationary pressures. The US dollar index, which measures the…...
Gold rises as dollar, US Treasury yields hold steady - "
1+ week, 4+ day ago (186+ words) Gold prices rose on Thursday as the US dollar and Treasury yields held steady, with investors assessing the outlook for the conflict between Washington and Tehran and gauging the future path of US monetary policy. The US dollar index, which…...
Shalfa bags SAR 35. 9 M project with Interior Ministry - "
2+ week, 1+ day ago (78+ words) Shalfa bags SAR 35. 9 M project with Interior Ministry " Shalfa bags SAR 35. 9 M project with Interior Ministry Logo of Shalfa Facilities Management Co. Shalfa Facilities Management Co. was awarded a project valued at SAR 35. 93 million (VAT inclusive) with the Ministry of…...
Gold falls as US-Iran tensions lift oil prices - "
2+ week, 6+ day ago (251+ words) Other precious metals, including silver, platinum, and palladium, also fell. Gold prices fell today, May 26, after fresh US attacks in Iran pushed oil prices higher. This fueled concerns over inflation and interest rates staying higher for longer. Spot gold fell…...
Saudi trade surplus with GCC rises to SAR 4. 5 B in February 2026 - "
3+ week, 5+ day ago (130+ words) King Abdulaziz Port in Dammam Saudi Arabia's non-oil trade surplus with GCC countries reached approximately SAR 4. 47 billion in February 2026, up 7% year-on-year(Yo Y). " Saudi non-oil merchandise exports and re-exports to GCC countries expanded 29% Yo Y to nearly SAR 12. 4 billion in February…...
Saudi Arabia inflation eases to 1. 7% in April - "
1+ mon, 1+ day ago (245+ words) Saudi Arabia's inflation slowed month-on-month (Mo M) to 1. 7% in April 2026. According to data from General Authority for Statistics (GASTAT), the Consumer Price Index (CPI) rose to 105. 1 points, compared to 103. 3 points in April 2025. GASTAT has enhanced the data collection and calculation methodology…...
Gold falls 1% as dollar strengthens
1+ mon, 4+ day ago (171+ words) Gold prices declined on Monday, pressured by a stronger US dollar and renewed uncertainty after stalled US'Iran peace talks, which lifted oil prices and raised concerns that inflation could remain elevated, potentially forcing central banks to tighten monetary policy. Gold…...