flynas has announced the launch of direct flights connecting Riyadh with Milan, SPA reported. Starting Thursday, the airline will operate three weekly direct…
Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space company that is currently losing billions of dollars a…
Gold edged lower on Thursday as higher Treasury yields and a firm dollar weighed on the metal, while hopes of a resolution to the US-Iran conflict limited…
Saudi Arabia Requires Shipping Companies to Let Consumers Inspect Packages Before Accepting Delivery
Saudi Arabia’s Ministry of Commerce issued an official directive requiring all private-sector shipping and delivery companies to allow consumers to open…
The Gulf Cooperation Council and Britain have announced a trade deal worth $5 billion a year in the long run, deepening economic ties between the two sides and…
Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its…
Saudi Arabia is spearheading international efforts to stabilize global oil markets and contain the fallout from a supply crisis triggered by the Iran war and…
Saudi Arabia is no longer just an oil-price bet for global investors. It is becoming a core emerging-market play. That is the view of Emmanuel Laurina, head of…
Standard Chartered CEO Bill Winters sought to assuage staff concerns on Wednesday, a day after saying that the bank will cut thousands of jobs over the next…
The UK government has quietly watered down sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the closure of…
QatarEnergy has acquired interests in three offshore exploration blocks in Uruguay from a subsidiary of Shell, marking its first entry into the South American…
The US dollar was steady near a six-week high on Wednesday as investors come to terms with the possible need for higher interest rates to tackle inflation due…
China on Wednesday said it will buy 200 Boeing jets and seek an extension of a trade truce struck with the US that is set to expire this November. The…
British consumer price inflation slowed to 2.8% in April from 3.3% in March, according to official figures published on Wednesday. Economists polled by…
A planned strike at South Korean chip giant Samsung Electronics will go ahead from Thursday, its union said, after talks on bonus payouts collapsed, raising…
Riyadh Air, Saudi Arabia’s new national carrier wholly owned by the Public Investment Fund, is moving onto the global aviation stage through London, with an…
Saudi Arabia’s airports handled 140.9 million passengers in 2025, marking another year of strong growth for the Kingdom’s aviation sector as the national…
Supertanker Agios Fanourios I is heading for Vietnam to discharge its Iraqi crude oil cargo after it was held by the US Navy for five days in the Gulf of Oman,…
Asian markets were mixed Tuesday as oil prices eased on hopes of a US-Iran deal, though elevated crude levels capped investor appetite for risk. Energy…
Australia has secured three shipments of jet fuel from China totaling 600,000 barrels, Prime Minister Anthony Albanese said Tuesday, doubling the national…
The US-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis. A…
The EU hopes Tuesday to strike a deal towards implementing its nearly year-old trade pact with the United States -- with an increasingly impatient Donald Trump…
The US Treasury secretary on Monday said Washington was extending by 30 days its sanctions waiver for Russian oil cargoes already at sea, as global energy…
Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting rapidly with only a few weeks' worth left…
Saudi-listed petrochemical companies posted a sharp improvement in financial performance during the first quarter of 2026, driven by a strong recovery in…
Finance chiefs from the G7 industrialized nations gather in Paris on Monday for two days of talks aimed at forging a united front as the Middle East war roils…
China's economic growth lost steam in ‌April as industrial output and retail sales growth sharply missed expectations as the Asian powerhouse grappled…
The dollar was on the defensive against most major currencies on Monday as fresh Middle East tensions lifted oil prices and a global bond selloff stoked rate…