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…
A record amount of liquefied natural gas (LNG) production is expected to get the green light in 2019 amid strong global demand, especially from China, analysts…
Moroccan Prime Minister Saad-Eddine El Othmani said that 2019 will be a major year in terms of implementing reforms that place the African country on track to…
The year 2019 is forecast to witness the biggest listings in the local Saudi stock market after 2018 witnessed the listing of two firms in the primary market…
Lebanese officials are preparing to adopt austerity measures and “unpopular” steps after the formation of the new government to cope with the country’s…
The Bahraini Cabinet held Thursday an exceptional session, chaired by Bahrain's Crown Prince Salman bin Hamad Al Khalifa. The session was dedicated to…
Morocco’s economic growth is expected to record a 2.5 % during Q1 of 2019 compared to 3.3 % in Q1 2018, Morocco's Higher Planning Commission said on Wednesday…
Fawaz Alamy, Deputy Minister for Commerce and Trade Negotiator in WTO, has affirmed that the Saudi economy faces low risks this year, with the sovereign wealth…
A delegation of Saudi businessmen, investors and members of trade and industry chambers visited Wednesday Pakistan’s Gwadar port, the main hub for the China…
Official figures show that Turkey's inflation rate eased for the second consecutive month in December. This was helped by tax cuts and discounted prices on…
Egypt is currently exporting 520 million cubic feet of liquified natural gas (LNG) per day from its Idku export plant, a petroleum ministry official said on…
Bahrain started applying on Tuesday the value-added tax (VAT) to goods and services. The Cabinet preceded this step by approving a memorandum submitted by…
Vice President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum signed the Public Budget Law for the year 2019, with an expenditure of $15.4…
The Saudi Arabian Mining Company (Ma'aden) has been awarded the company's most outstanding award in the Middle East for 2018 in the field of automation of…
The latest plunge in oil prices has dealt a heavy blow to Iraq's stagnating economy, threatening the new government's ability to rebuild after the war with the…
Saudi Aramco has completed its acquisition of a 50 percent stake in Arlanxeo, its Netherlands-based joint venture with chemicals firm Lanxess, to become the…
TAQNIA ENERGY announced the completion of work in the first phase of the Layla Solar Power Plant, extending across 720,000 square meters with a production…
The Saudi stock exchange closed 2018 trading amid anticipated gains of more than 8 percent compared to its level at the beginning of the year. Compared to…
The World Bank has recently released a report, titled Regulatory Indicators for Sustainable Energy (RISE) 2018, in which it warned that the world, as a whole,…
Sudan’s Central Bank agreed with the country’s Union of Chambers of Commerce to immediately deposit their money in the banks. This move came in line with…
Samba Financial Group is keen to achieve the best return on investment for its shareholders, while enhancing its continuous efforts to develop the Group's…
Saudi Arabia's General Investment Authority (SAGIA) launched the second edition of Saudi Transformation Program (STP), which aims to train fresh graduates in…
Saudi Aramco announced establishing a date products center in Al-Ahsa Governorate. The center will embrace up to 100 beneficiaries, where people with low…
Saudi Aramco announced Wednesday establishing Saudi Aramco Retail Co., a domestic fuel retailing subsidiary. The company will create a network of filling…
Bahrain exempted on Tuesday 94 items from the Value Added Tax (VAT). Minister of Finance and National Economy Sheikh Salman bin Khalifa Al Khalifa affirmed…