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…
The Bahraini parliament approved on Tuesday 2019-2022 Government Action Plan. The plan focuses on empowering the private sector, elevating the government work…
The Saudi Arabian Military Industries (SAMI) has signed establishment contracts of two commercial entities: French firm Thales and CMI Defense of Belgium. …
The King Salman Energy Park (SPARK) signed on Monday two agreements with the Saudi Customs and the Saudi Industrial Development Fund, following the…
A Saudi economic and trade delegation led by Mohammed al-Hammadi, head of the Saudi-Moroccan Business Council, has started on Monday a one-week visit to…
The world’s future destination for dreamers and innovators has obtained the necessary approvals from authorities in Saudi Arabia to establish a closed joint…
A Jordanian-Saudi technical committee approved the feasibility of connecting the electric power grids of the two countries through a 170km transmission line,…
Saudi Energy Efficiency Center held on Monday the third workshop in Jeddah on the mechanism of rationalization of electricity consumption in the government’s…
The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) clarified that one of the objectives of launching the common…
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has entered into an agreement with the Saudi…
Egypt plans to issue international bonds denominated in dollars and euros during the fiscal year 2018-2019, which expires on June 30, the Egyptian finance…
President and Chief Executive Officer of Saudi Aramco Amin Nasser hailed on Monday the National Industrial Development and Logistics Program (NIDLP) as a…
Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, inaugurated on Monday the National Industry Development and Logistics Program …
The National Industrial Development and Logistics Program (NIDLP) was inaugurated on Monday in a ceremony held under the patronage of Crown Prince Mohammed bin…
The Abu Dhabi National Oil Company (ADNOC) signed on Sunday two partnership agreements with Italy’s Eni and Austria’s OMV in refining and trading. Under the…
Saudi Basic Industries Corp. (SABIC) announced Sunday that its full-year profit rose about 16.87 percent to $5.7 billion. Speaking at the press conference…
Unemployment among nationals in Saudi Arabia has marginally dropped to 12.8 percent in the third quarter of 2018, according to official figures released by…
500 Startups and Misk Innovation partnered to launch an accelerator program for entrepreneurism which is designed to refine job finding and boost GDP. “We…
Oman inaugurated on Sunday its Vision 2040 which aims to double the per capita share of GDP to reach a 6 percent growth, with non-oil sectors anticipated to…
Saudi Minister of Energy, Industry and Mineral Resources Engineer Khalid al-Falih inaugurated in Riyadh on Monday the TAADIN (mining) platform that is aimed at…
International Monetary Fund Managing Director Christine Lagarde said that the panel of experts at the international foundation had completed its fourth review…
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said KFH’s purchase of Bahrain’s Ahli United Bank (AUB) is expected to boost consolidated…
Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih announced Saturday the launch of a program to develop the national industry and…
The exports of the Palestinian territories' have exceeded $1 billion, announced Palestinian Premier Rami al-Hamdallah Saturday. He added that national…
The Tunisian parliament approved a French loan worth EUR100 million allocated for governance in government institutions. Opposition parties' representatives…