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…
Foreign firms are expected to operate in the Red Sea region this year as Egypt’s Ministry of Oil and Mineral Wealth plans to launch international tenders for…
For the second year in a row, MiSk Global Forum participated at Davos Economic Forum displaying the Saudi culture and holding daily discussions exploring…
Morocco will further widen the fluctuation band for the dirham when economic conditions permit, the International Monetary Fund has said in a report, quoting…
Saudi Aramco and Air Products have signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia, which is expected…
Saudi Arabia and the World Economic Forum (WEF) in Davos, Switzerland, signed a Memorandum of Understanding (MoU) to develop a framework for cooperation in…
MMEC Mannesmann, a leading German engineering contractor in the field of petroleum coke calcining, has partnered with ACWA Power, the leading developer, owner,…
At the World Economic Forum in Davos, Saudi Arabia underlined its commitment to its reform program, in the different social, economic and financial fields. …
Around 16 Saudi firms listed in the local capital market have announced the fiscal results of Q4 2018. The results showed a growth exceeding 5.7 percent,…
Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Faleh has revealed the issuance of an investment license to one of the firms in the Red Sea,…
The boards of directors of the two GCC banks, Kuwait Finance House (KFH) and Bahrain’s Ahli United Bank BSC (AUB), are due to meet today (Thursday) to discuss…
The next economic crisis in 2020 may begin in the United States and is expected to be worse than the 2008 global financial crisis and will result in increased…
A German delegation, headed by Peter Ramsauer, is visiting Saudi Arabia to discuss economic, investment and trade opportunities between Riyadh and Berlin in…
Embattled Renault boss Carlos Ghosn has resigned, France's economy minister said Thursday, as Nissan Motor Co Ltd announced that it was preparing to hold an…
Governments must ensure the global economy keeps providing decent jobs - and not just for robots, a global commission set up by the International Labour…
Saudi Arabia plans to implement 12 projects in the field of renewable energy to produce about four GW of electricity from solar and wind power. The value of…
Five countries have submitted their requests for the establishment of two nuclear reactors in Saudi Arabia on the Arabian Gulf coast. The bid was made after…
Saudi Capital Market Authority (CMA) has licensed “Itqan Finance” as the first private-purpose entity to provide asset-backed debt instruments in accordance…
Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of dollars” there…
Egypt’s stock exchange suspended trading on Wednesday in the Sixth of October Development and Investment Company (SODIC) and Madinet Nasr for Housing and…
The first ministerial meeting of the Africa Renewable Energy Initiative (AREI) kicked off Tuesday in Cairo, in the attendance of energy ministers from Kenya,…
Saudi Aramco’s Uthmaniyah Gas Plant (UGP) has been recognized by the World Economic Forum (WEF) as a “Lighthouse” manufacturing facility, a leader in…
Lebanon's Finance Minister Ali Hassan Khalil said a report by Moody's Investors Service that downgraded the country's long-term investment ratings reflects…
Cyber-security is expected to be among the fastest growing sectors in Saudi Arabia – its market value is anticipated to reach SAR19.12 billion (USD5 billion)…
The financing of SMEs has increased to include 5 percent of loans, announced Saudi Arabian Monetary Authority (SAMA) governor Ahmed al-Kholifey, while…