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Top related persons:
Faisal Al Nasser - 2 Ateeq - 1 David Holmes - 1 King - 1 Mati - 1 Prince Mohammed bin Salman - 1 Rachna Uppal - 1 Yousef Saba - 1
Top related locs:
Saudi Riyadh Saudi Arabia Qatar Ateeq Shariff Bengaluru Rights DUBAI Aramco
Top related orgs:
REUTERS - 2 Saudi - 2 Thomson - 2 Saudi Aramco - 1 Qatar National Bank - 1 Qatar bourse - 1 Banking - 1 King Abdullah Financial District - 1

Search resuls for: "Faisal Al Nasser"


3 mentions found


☆ Saudi bourse tracks oil prices lower, Egypt extends losses
  + stars: | 2023-10-01 | by ( Ateeq Shariff | ) www.reuters.com   time to read: +1 min
A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. REUTERS/Faisal Al Nasser/File Photo Acquire Licensing RightsOct 1 (Reuters) - Saudi Arabia's stock market ended lower on Sunday in response to Friday's fall in oil prices, while the Egyptian index extended loses on profit-taking. Saudi Arabia's benchmark index (.TASI) fell 0.1%, extending losses from the previous session, weighed down by a 0.9% fall in oil giant Saudi Aramco (2222.SE). Oil prices - a key catalyst for the Gulf's financial markets - settled 1% lower on Friday due to macroeconomic concerns and profit-taking. Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in 2023-2024, the finance ministry said, against a backdrop of lower oil prices and the country's extended oil production cuts.
Persons: Faisal Al Nasser, Ateeq, David Holmes Organizations: REUTERS, Saudi, Saudi Aramco, Qatar National Bank, Qatar bourse, Banking, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Qatar, Ateeq Shariff, Bengaluru
☆ IMF expects Saudi GDP growth to slow on extended oil output cuts
  + stars: | 2023-09-06 | by ( Rachna Uppal Yousef Saba | Rachna Uppal | Yousef Saba | ) www.reuters.com   time to read: +2 min
A view shows the construction of the King Abdullah Financial District, north of Riyadh, Saudi Arabia April 11, 2016. REUTERS/Faisal Al Nasser/File Photo Acquire Licensing RightsDUBAI, Sept 6 (Reuters) - The International Monetary Fund (IMF) expects GDP growth in Saudi Arabia to slow further from the currently forecast 1.9% to reflect the latest extension of oil production cuts, an IMF official said, even as non-oil growth is seen remaining strong. But cuts to production this year and lower prices have hit oil revenues and will weigh on growth. The IMF forecasts non-oil GDP growth at 4.9% this year. The IMF said the outlook for Saudi Arabia was positive and that risks remained balanced.
Persons: King, Faisal Al Nasser, Mati, Prince Mohammed bin Salman, Rachna Uppal, Yousef Saba, Andrew Cawthorne, Andrea Ricci, Nick Macfie Organizations: King Abdullah Financial District, REUTERS, Rights, Monetary Fund, Reuters, Saudi, IMF, Government, Thomson Locations: Riyadh, Saudi Arabia, Rights DUBAI, Saudi, Aramco, Russia
☆ Flying taxis, robotic avatars and holograms — Saudi Arabia pushes ahead with its sci-fi city vision
  + stars: | 2022-10-25 | by ( Emma Procter | ) www.cnbc.com   time to read: +6 min
The future Site of the city Neom, a planned cross-border city, stands empty before development begins in the Tabuk Province of northwestern Saudi Arabia, December 18, 2019. NEOM political map of the 500 billion dollar megacity project in Saudi Arabia along the Red Sea coast. Granger's firm has been working closely with Neom and she believes the view of Saudi Arabia among the business community has changed inexorably. The aim is to transform and grow the kingdom's media industry — another key focus of the Vision 2030 plan. Visitors watch a 3D presentation during an exhibition on 'Neom', a new business and industrial city, in Riyadh, Saudi Arabia, October 25, 2017.
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