Tesla will have to refund Cybertruck deposits for many customers as orders far exceed production capacity, CEO Elon Musk said, following last week's…
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…
Saudi Arabia's Aramco announced Friday cutting the local price for Octane 95 gasoline to 2.02 riyal per liter. The change goes into effect on January 12…
Iran will see its crude exports severely curtailed for a third month in January as it is struggling to find new buyers amid US sanctions even though its…
Tunisian authorities have given for the first time a role to the private sector in wind energy production. The Ministry of Industry and Small and Medium…
The International Monetary Fund (IMF) Managing Director, Christine Lagarde, has urged the international community to support Jordan’s economy which has come…
US Secretary of Treasury Steven Mnuchin received in Washington on Friday Jordanian Prime Minister Omar al-Razzaz, reported the Saudi Press Agency. The two…
Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih will head the Kingdom's delegation at the Abu Dhabi Sustainability Week 2019, reported…
The Saudi Finance Ministry announced Thursday pricing its fourth international bond, attracting massive orders- three and a half folds its value. The…
Tokyo prosecutors on Friday filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be…
NEOM Airport in Saudi Arabia's Sharma on the Red Sea Coast received its first charter flight. The plane transported 130 NEOM Project staffers in their…
Egypt's central bank said on Thursday that the current account deficit narrowed to $1.751 billion in the three months to end-September from an apparently…
Copper concentrate exports from Indonesia’s Grasberg mine, the world’s second-largest copper mine, are forecast to plunge this year because of a lag in output…
Saudi Arabia launched Wednesday a plan to localize jobs and professions in the Information and Communication Technology (ICT) sector. The plan aims to reach…
The growth rate in the Middle East and North Africa (MENA) region is expected to rise to 1.9 percent in 2019, the World Bank announced this week. “Despite…
Top oil exporter Saudi Arabia said Wednesday that its huge oil reserves, already the second largest in the world behind only Venezuela, are even bigger than…
The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity, and growing…
Saudi Ministry of Labor and Social Development (MLSD) has launched an initiative to extend new work visas for two years instead of one year, without any…
Jordanian customs authorities began imposing tariffs on Turkish goods after the extension period of the free trade agreement (FTA) between Amman and Ankara…
Five Saudi cities have started replacing 200,000 streetlamps aiming at reducing energy consumption by 77 percent. The National Energy Services Company …
Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum said that Dubai is working towards cementing its position…
A Saudi delegation including figures from various sectors discussed boosting investment opportunities with the Pakistani side. This came during a meeting…
The Egyptian parliament is considering a request submitted by one of its members that asks the government to exclude Turkish companies from "entering into…
The Turkish Ministry of Customs and Trade revealed that the country’s exports grew at the slowest pace in four months in December. This announcement rose…
The Egyptian stock market (EGX) attained gains worth EGP16.4 billion (USD916 million), making the market capital of firms’ shares around EGP757.1 billion …
The Saudi stock market made strong gains in its last trading session, mostly backed by boosts for SABIC and Al Rajhi Capital Company stocks. The general market…