China on Monday announced a two-month extension of export-control waivers due to expire this month, preserving part of a wide-ranging deal struck after a…
On the eve of the opening of the 31st United Nations Climate Change Conference (COP31) on Monday in the Turkish city of Antalya, attention is focused on the…
Gold rose more than 1% on Monday as softer oil prices eased inflation concerns, while investors awaited key US inflation data and fresh signals from the…
Gulf Cooperation Council (GCC) countries signed an agreement in Manama on Sunday to advance a 2,117-kilometer railway linking all six member states by 2030, as…
First Abu Dhabi Bank, FAB, has notified the Qatar Financial Center Regulatory Authority, QFCRA, that it will relinquish its Qatar Financial Center, QFC, branch…
Major oil-producing countries will meet in Vienna on July 1 and 2, the OPEC Secretariat announced Wednesday, replacing the previously scheduled June 25-26…
Head of Morocco’s Casablanca Finance City (CFC) Said Ibrahimi has said that the number of firms that have acquired CFC status rose to 185 with three new…
Saudi Aramco and Air Products inaugurated on Tuesday the first hydrogen fueling station in Saudi Arabia at the Air Products’ new Technology Center in the…
Turkey’s unemployment rate eased to 14.1 percent in the February-April period, declining from its highest level in nearly a decade, data from the Turkish…
A recent economic report highlighted reform indicators in Saudi Arabia three years after the launch of Saudi Vision 2030. The report pointed out that the…
The Saudi-Japan Vision 2030 Business Forum kicked off in Tokyo on Monday, reported the Saudi Press Agency. The event was organized by Saudi Arabia’s General…
The World Bank has granted Tunisia two loans totaling $ 175 million to finance digital transition programs, Tunisian Minister of Communications Technologies…
Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to cooperate on keeping shipping lanes open for oil and other energy supplies…
Foreign investors pumped more than USD1.3 billion as they sought to directly buy shares of Saudi firms listed in the local market, indicating the vitality of…
Saudi British Bank (SABB) and Alawwal bank on Sunday finalized all the legal proceedings for merging their businesses, following regulatory and shareholder…
Production at Iraq’s giant West Qurna 1 oilfield in the south has reached 465,000 barrels per day (bpd) after the completion of new crude processing facilities…
A new battlefront has opened in the trade war between the United States and China: the $1.6 trillion American travel industry. A Los Angeles hotel long…
EgyptAir received the third Boeing Dreamliner 787-9 as part of the company’s deal to purchase 45 new aircraft from the latest worldwide models worth $6 billion…
Data released by Morocco’s General Treasury revealed that the Kingdom’s internal debt, after experiencing a 2.2 percent hike since the start of 2019, stood at…
South Korea halted all imports of Iranian oil in May, customs data showed on Saturday, as waivers on US sanctions against Iran ended at the start of last month…
Former Lebanese President Amin Gemayel said on Friday that regional countries are facing several major challenges in their quest to maximize the exploitation…
Bahrain's economy grew by 2.73% in the first quarter of this year, while the World Investment Report pointed to a rise in foreign direct investment in Bahrain…
Russian and European firms are mulling investments in Lebanon's nascent oil and gas sector as it prepares to launch offshore drilling by the end of 2019,…
Saudi and French officials discussed on Thursday joint activities to develop human capacities in the field of atomic energy. The two sides also highlighted…
Oil prices jumped as much as 4 percent on Thursday after the attack on two tankers in the Gulf of Oman. The Marshall Islands-flagged Front Altair carrying…
Members of the Organization of the Petroleum Exporting Countries (OPEC) are close to reaching an agreement on extending production cuts, the energy minister of…
Saudi Aramco reported on Wednesday a net income attributable to shareholders of $111.1 billion in 2018, up from $75.9 billion the year before, according to a…
Britain’s BP has raised estimates for Saudi Arabia’s crude oil reserves by 12%, marking the first major change to the country’s estimated reserves since 1989. …