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 Red Sea Development Company (TRSDC), the developer of one of the world’s most ambitious tourism projects, has received the approval of the Board of…
The Tadawul All Share Index ended 0.2 percent higher Monday, closing at 8,402 points – a rise of 19 points amid trading value worth around SAR3.7 billion …
The Saudi Ministry of Finance confirmed that the government remains committed to paying all the contracts signed with the private sector within a period of 60…
Kuwait announced Monday that it estimates a budget deficit for the 2019-2020 fiscal year could soar to reach $25.3 billion, as Finance Minister Nayef al-Hajraf…
Saudi Aramco signed on Monday a Memorandum of Understanding (MoU) with the Dubai Electricity and Water Authority (DEWA) to foster collaboration in power supply…
UAE investors discussed investment opportunities and commercial cooperation with Syrian businessmen during the UAE- Syrian Private Sector Forum, which kicked…
New US-Sudanese talks have started in Khartoum to expand oil investment projects with the largest number of American companies. A delegation from the US…
Businessmen from Egypt and Kuwait will discuss investment opportunities in the two countries during the fourth joint meeting of the Egyptian-Kuwaiti…
The Arab-Brazilian Chamber of Commerce (ABCC) revealed that Brazil imported goods reached USD 7.6 billion from the Arab World in 2018, recording year-over-year…
The Human Resources Development Fund (HRDF ) provides 30% of the salaries of male and female Saudis working in private sector establishments in the first year…
The Executive Committee of the Saudi-Emirati Coordination Council announced the launch of 7 strategic initiatives namely the joint cryptocurrency to embody…
CEOs in the UAE continue to be upbeat results showed in the latest issuance of Oxford Business Group (OBG). Despite challenges caused by growing global…
Morocco’s Prime Minister Saadeddine Othmani called for establishing a national e-strategy which promotes the integration of digital technology for the African…
Tunisia’s Minister of Development, Investment and International Cooperation Ziad Ladhari denied that the country had received up to $13.5 billion of loans…
Sudan must implement radical reforms or seek a bailout from friendly nations to pull its economy out of the downward spiral that helped trigger the nationwide…
Global stocks jumped to their highest in more than a month on Friday after a report suggested progress towards resolving the trade dispute between the United…
Turkey’s net international investment position (NIIP) continued to improve in November last year, down 22% compared to the end of 2017, according to the…
Morocco's economy is expected to grow by 2.9 percent in 2019 – inflation eased to 1.2 percent in 2019 from 1.7 percent last year. Planning Agency Chief…
Samba Financial Group has provided 100 housing units to needy families as part of the Housing Support Program that falls under its community initiatives. …
Palladium held above $1,400 an ounce on Friday after surging to record levels in the previous session, amid tight supplies and robust demand, while gold…
Saudi Basic Industries Corporation (SABIC) has joined the 27-firm Alliance to End Plastic Waste (AEPW), which works on finding advanced solutions to limit the…
OPEC said on Thursday it had cut oil output sharply in December before a new accord to limit supply took effect, suggesting producers have made a strong start…
Lawyers for former Nissan boss Carlos Ghosn on Thursday appealed against a decision by a Tokyo court to refuse him bail, as he faces charges on three counts of…
Saudi Arabia’s Samba Financial Group posted record profits in 2018 at $1.47 billion (SR5.5 billion), according to a bourse statement. The net profit, up 10…