Saudi stocks plunge to lowest close since April 2021
Saudi Arabia's benchmark Tadawul All Share Index (TASI) closed Tuesday's session down 1.7%, shedding 172 points to settle at 9,952 points.
Business
Saudi Railways carries 41 million passengers in Q3 2026
Saudi Arabia Railways (SAR) carried more than 40.9 million passengers and transported 3.9 million tons of freight and 46,300 containers in the third quarter of 2026, according to a quarterly report, released by the Transport General Authority (TGA)
Business
Gulf, UK Officials Press for Action on Free Trade Deal as Investment Opportunities Beckon
Gulf and British officials on Tuesday called for swift action to translate a free trade agreement into tangible investments and economic gains after concluding negotiations, saying closer ties could help both sides navigate mounting challenges to global trade and supply chains. At the UK-GCC Strategic Dialogue Forum in London, GCC Secretary-General Jasem Mohamed Albudaiwi said the agreement's success would be measured by the joint projects, productive investments and economic opportunities it generates.
Business
Canada, Turkey set to sign pledge during Carney visit to deepen defence, energy ties, source says
ANKARA/TORONTO, Oct 20 (Reuters) - NATO allies Canada and Turkey are expected to sign a joint declaration aimed at deepening bilateral cooperation in four areas, including defence and energy, during Prime Minister Mark Carney's visit later this week, a person briefed on the matter said.The declaration is also expected to encompass the economy, looking to advance free trade talks between the countries, while boosting social and diplomatic ties. The countries would establish committees in all of the areas to draft action plans, the person said.