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2025-06-052025-06-052025-06-062025-06-062025-06-092025-06-09111133221100
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2025-06-052025-06-052025-06-062025-06-062025-06-092025-06-0921133221100
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saudi arabia's non-oil exports surge driven by uae and china demand

Saudi Arabia's non-oil exports surged to SR80.72 billion in Q1 2025, with the UAE as the top destination at SR21.32 billion, reflecting a 33.91% increase. Imports also rose by 7.3% to SR222.73 billion, driven by machinery and electrical equipment. Overall merchandise exports declined by 3.2% due to a drop in oil exports.
Arab News Japan
CHN IND KWT BHR SGP BEL TUR SAU EGY USA Faisal F. Alibrahim Show more
Finance & Economy, News Article
12:08 01.06.2025

Saudi Arabia's non-oil exports surge with UAE as top destination

Saudi Arabia's imports rose 7.3% year-on-year to SR222.73 billion in Q1 2025, with machinery and electrical equipment leading at SR57.40 billion. Non-oil exports also increased by 13.4% to SR80.72 billion, driven by strong demand from the UAE, China, and India, aligning with Vision 2030 goals for economic diversification.
Arab News Japan
CHN IND KWT BHR SGP BEL TUR SAU EGY USA Faisal F. Alibrahim Show more
Finance & Economy, News Article
06:52 31.05.2025

Japan's April oil imports heavily reliant on Saudi and UAE supplies

In April, Japan imported 27.10 million barrels of Saudi oil, accounting for 36.3% of its total crude imports of 74.77 million barrels. The Arab nations contributed significantly, with the UAE supplying 34 million barrels, while Japan's imports from Iran and Russia remain banned, leading to sourcing from the USA and other countries.
Arab News Japan
QAT SAU AUS ECU ARE OMN BRN KWT USA SDN JPN Show more
Finance & Economy, News Article
20:00 30.05.2025

cisco systems insider trading and institutional investment activity reported

Cisco Systems' executive vice president now owns 191,184 shares valued at approximately $11.6 million after a recent sale, which decreased their position by 1.07%. Over the past 90 days, insiders sold 14,635 shares, while institutional investors hold 73.33% of the stock. Analysts have raised Cisco's price target to $73.00, suggesting a potential upside of 14.74%. The company reported earnings of $0.96 per share, exceeding estimates, and announced a $15 billion share repurchase plan, indicating management's belief in the stock's undervaluation.
Defense World
Cisco Systems Inc. 401(k) Plan TLS GEO SGP BEL URY LSO AND TGO GMB SUR HUN TJK KNA MHL TZA SWE GNQ SVK CYP BHR CUB POL VUT HTI SAU EST CPV SYR GRD BLM SRB AZE GHA REU UZB KIR ESP JOR AIA PER SWZ PSE WLF LUX USA WSM BRB BRN ISR PRT STP MAC HRV PLW KGZ PHL DOM ROU TWN PRY BDI IRN MNP NOR EGY GRC PNG MYT MKD BEN TUN DMA LTU ETH DZA JPN IDN ARM VCT KAZ THA FSM MNG ZMB TUV CHE CHL ZAF PRI ISL CMR ITA KOR AGO NCL COL NLD VGB NIU TTO DEU JAM GUY MSR FIN MNE RUS LVA SVN QAT MYS ZWE MAR TON CHN ALB NGA UGA SLE IRQ AUT HKG COM MUS BHS YEM DNK ECU KWT NAM SLB SMR VAT VNM IRL NER GBR BIH OMN ARG ATG IND LBN BWA MEX LCA CZE MDG BLR AUS FRA SHN RWA MCO UKR LBY COK BRA KEN SYC COG BGR Deborah L. Stahlkopf Show more
Technology & Innovation, Market Report
09:28 17.05.2025

hsbc to reduce french workforce by 10 percent in cost-cutting move

HSBC Holdings plans to cut 348 jobs in France, representing about 10% of its workforce, through a voluntary redundancy scheme as part of a global cost-saving initiative aimed at reducing expenses by $1.8 billion by 2026. This move aligns with the bank's strategy to streamline operations and focus on high-growth markets, particularly in Asia and the Middle East, following its exit from the French retail banking and insurance sectors in 2024. Despite the job cuts, HSBC emphasizes maintaining employee goodwill while adapting to economic challenges.
Dimsum Daily
MYS HKG GRC CAN ARG USA FRA KWT GBR Georges Elhedery Show more
Finance & Economy, Press Release
02:41 17.05.2025

Tesla appoints new board member amid criticism of executive oversight

Tesla has appointed Jack Hartung, a former Chipotle executive, to its board, despite his lack of automotive experience. This move comes amid criticism of the board for its close ties to Elon Musk and failure to address shareholder concerns, including overcompensation and Musk's controversial actions. Hartung's only connection to Tesla is through a son-in-law employed there, although he has past ties with Kimbal Musk, Elon’s brother.
Electrek
Portillo's Inc. The Honest Company Inc. Chipotle Mexican Grill Inc. DEU CAN GBR USA ARE FRA KWT Jack Hartung Kimbal Musk Elon Musk Show more
Business & Industry, News Article
16:24 16.05.2025

musk secures deals with saudi investors for starlink and x corp refinancing

Elon Musk has secured significant deals in Saudi Arabia, including a partnership for Starlink to provide internet services to maritime and aviation sectors, and a $1.23 billion refinancing for X Corp. with the help of Kingdom Holding Company. This reflects a growing collaboration between Musk and Gulf investors, despite past tensions over Tesla and the Saudi sovereign wealth fund's involvement. Additionally, Musk's ventures have attracted investments from various Middle Eastern countries, enhancing his influence in the region.
Forbes
Kingdom Holding Company SAU OMN USA ARE QAT KWT Scott Amey Elon Musk Donald Trump Al Waleed bin Talal Al Saud Show more
Business & Industry, News Article
14:22 14.05.2025

analysts recommend five stocks over american express amid mixed ratings

American Express reported $3.64 earnings per share, exceeding estimates, but its revenue of $16.97 billion fell short of expectations. Analysts maintain a "Hold" rating, with one sell, sixteen holds, and eight buy ratings, while the average target price is $295.05. The company recently increased its quarterly dividend to $0.82 per share, reflecting a positive outlook despite mixed analyst sentiments.
MarketBeat
American Express Company TLS SGP TUV BEL CHE AND CAN ZAF PRI ARE HUN ISL MHL TZA SWE ITA KOR SVK NCL CYP NLD BHR POL VGB VUT NIU SAU DEU EST SRB FIN GHA LVA SVN QAT KIR MYS FJI GUM ESP MAR TON NGA ALB CHN WLF UGA LUX USA WSM IRQ AUT HKG PRT DNK HRV PLW KWT SLB SMR PHL VAT ROU TWN VNM IRL GBR BIH OMN NZL PYF IRN MNP NOR EGY GRC PNG MLT MEX MKD CZE TUN LTU AUS ETH FRA MCO DZA JPN IDN NRU LBY COK KEN THA FSM BGR ASM Howard Grosfield Michael J. Angelakis Show more
Finance & Economy, Market Report
14:03 11.05.2025

rosenblatt securities raises ansys target price to 340 while maintaining neutral rating

Rosenblatt Securities raised ANSYS's target price from $335 to $340, maintaining a "neutral" rating. Deutsche Bank AG reduced its stake in the company by 24.2%, while various hedge funds adjusted their holdings. ANSYS reported a quarterly EPS of $1.64, missing estimates, with revenue of $504.89 million, an 8.2% increase year-over-year.
MarketBeat
DEUTSCHE BANK AG TLS TUV BEL URY CHE CHL CAN ZAF PRI HUN KNA MHL SWE ITA KOR SLV NCL COL NIC NLD POL VGB VUT HTI TTO SAU DEU GRD JAM MSR FIN SPM RUS QAT KIR FJI GUM ESP JOR AIA MAR TON PER CHN WLF USA BLZ WSM BRB GTM AUT HKG BOL ISR HND PRT BHS DNK PLW ECU KWT SLB DOM PRY CRI IRL PAN GBR ARG PYF ATG MNP NOR EGY IND GRC PNG MEX CYM CZE VEN DMA TUR AUS FRA JPN NRU BRA VCT FSM ASM Glenda Dorchak Show more
Finance & Economy, Market Report
13:08 11.05.2025

Deutsche Bank raises Goodyear price target while maintaining buy rating

Deutsche Bank has raised its price target for Goodyear Tire & Rubber to $14 from $13 while maintaining a Buy rating. Goodyear develops, manufactures, and sells tires for various applications and operates around 950 retail outlets globally, offering products and services to both consumer and commercial customers. The company produces a wide range of tires under several brands, including Goodyear, Cooper, and Dunlop, across 53 manufacturing facilities in 20 countries.
MarketScreener
GEO AUT ISR CHE DNK CAN HUN HRV PAK TJK KGZ KWT PHL SWE ROU ITA KOR VNM SVK CYP IRL GBR NLD OMN NZL BHR POL DEU NOR EST IND GRC MEX FIN AZE CZE RUS LVA SVN LKA TUR LTU FRA AUS QAT UZB MYS BGD JPN ESP IDN ARM KAZ THA CHN BGR USA Show more
Business & Industry, Press Release
16:43 09.05.2025
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