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Cabinet ties land-transfer registration to settling White Land fees
PLUS: Aramco offers more crude for loading outside the Strait of Hormuz
THIS MORNING: Saudi and Egypt near commercial start on their 3 GW electricity link
PLUS: Bangladesh weighs joining the Saudi-led Makkah defense pact
Foreign cap hike could bring USD 4.3 bn to Tadawul
Morgan Stanley expects Saudi Arabia’s foreign ownership cap to be raised to 75%
Dar Albalad appoints Bassam Ibn Salamah as managing director
Dar Albalad appoints Bassam Ibn Salamah as managing director, succeeding Abdulaziz bin Salamah
Ades, BinDawood, Seera, Lazurde, Arabian Drilling, and MBC Group report 2Q earnings
Ades got hit by the conflict
Saudi stocks barely moved in July, but trading nearly halved
The escalation clustered in the month’s final week, leaving a thin, placeholder price that August will have to retest
Petro Rabigh returns to the black in 2Q
Petro Rabigh recorded a net income of SAR 2.7 bn during the three-month period
Fewer discounts and richer product mix lift Jarir’s 2Q earnings by 19.5%
Smartphones drove revenue growth, while books and school supplies helped expand margins and lift earnings
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