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…
Officials and experts from around the world discussed ideas and visions to develop Saudi Arabia’s maritime sector and logistics services. This took place on…
Abu Dhabi has approved a series of incentive packages worth $272 million to support agricultural technology projects (AgTech) for local and international…
Saudi Arabia is ready to launch its second phase of the renewable energy program with seven solar photovoltaic energy projects that would generate 1.52…
The Public Investment Fund (PIF) announced on Monday the launch of The Helicopter Company, the first national commercial helicopter operator in Saudi Arabia,…
Dubai’s non-oil trade amounted to AED1.3 trillion ($353 billion) in 2018, roughly the same as in 2017. According to new statistics from Dubai Customs, Dubai…
The Saudi-Iraqi Joint Coordination Council (SICC) discussed Sunday its plan of action for the next phase during a meeting held in the Iraqi capital, Baghdad. …
Samba Financial Group bid farewell to Samba Chairman Eisa al-Eisa, who stepped down from his position after a journey that lasted 38 years, nine of which were…
The new law of Saudi Arabia’s General Authority for Competition allows the fight of monopolistic practices abroad by imposing fines of 10 percent of a firm’s…
Four companies listed in Casablanca have recently warned of a drop in profits felling short of estimates. Sonasid, a steel manufacturing company, revealed…
The International Monetary Fund (IMF) said that Tunisia's gross domestic product (GDP) per capita is the lowest among countries of the Arab Maghreb region…
Founder and CEO of JollyChic Aaron Li signed a memorandum of understanding and joint cooperation with Governor of the Saudi Arabian General Investment…
Saudi oil minister Khalid al-Falih said on Sunday that China and the US would lead healthy global demand for oil this year but that it would be too early to…
Egyptian President Abdel Fattah el-Sisi called for increasing market controls and stopping monopoly practices. Sisi met on Saturday with Prime Minister…
The General Authority of Zakat and Tax (GAZT) denied plans to increase Islamic tax paid in the private sector. The Authority reaffirmed its commitment to…
Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger, Focus magazine reported on Friday, citing unidentified people…
The Fifth Saudi International Real Estate Conference (SYRAC 5) recommended on Thursday taking advantage of investment opportunities and removing challenges…
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a waiver…
Virgin Hyperloop One Vice President for the Arabian Gulf, Colin Rhys, revealed the company’s plans for linking the infrastructure of Saudi, NEOM, Red Sea,…
Egypt is planning on reducing public debt to 80 percent of GDP by 2022 and cutting the rate of the total budget deficit to about seven percent of GDP in the…
Lebanon has warned its Mediterranean neighbors against infringing on its rights within its exclusive economic zone (EEZ). Lebanese Foreign Minister Gebran…
Large quantities of gas have been discovered in the Red Sea, Saudi Energy Minister Khalid al-Falih said Thursday. Falih said Saudi Aramco was studying…
Saudi Minister of Energy and Mineral Resources Khaled al-Falih said Wednesday that the Kingdom exports about one million barrels of oil derivatives per day. …
The United Nations food agency said on Thursday that world food prices rose in February, partly thanks to a boost by a jump in dairy prices, The Food and…
Bahrain begun Tuesday the modernization process of the oldest refinery in the Gulf region. The government plans to raise its refining capacity from 260,000…