Saudi stocks closed higher on Monday, recovering some of the losses sustained in the previous session as heavyweight shares strengthened and the banking sector…
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…
The Saudi trade and investment system has strengthened its success through a series of qualitative initiatives that have been undertaken over the past period…
US Energy Secretary Rick Perry visited Baghdad on Tuesday and discussed with senior Iraqi officials in the energy sector the sanctions imposed by his country…
Egypt’s Prime Minister Mustafa Madbouly inaugurated on Tuesday the first intra-trade fair in Africa and announced that Cairo was seeking to double its…
Inflation in Sudan rose again in November to 68.93% due to frequent increases in the prices of essential and basic commodities over the past six months. …
Saudi Energy Minister Khaled Al-Falih held talks Monday with US Energy Secretary Rick Perry. The two officials discussed the “state of the oil market” and…
The Riyadh communique issued on Sunday comes as the latest affirmation of the Gulf Cooperation Council’s commitment towards achieving economic integration by…
Egypt’s annual core inflation rate declined to 7.94 percent in November from 8.86 percent in October, exceeding analysts' expectations, according to a report…
Dubai-based Emirates National Oil Company (ENOC) announced a major expansion strategy in Saudi Arabia as it plans to build 45 new service stations in the…
Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, broke ground Monday on the King Salman Energy Park (SPARK), located in the…
The Myers-Briggs Company, a Certified B Corporation®, announced Monday that its workplace tools and solutions, including the world-famous Myers-Briggs Type…
President of the Saudi National Anti-Corruption Commission (Nazaha) Khalid Al-Mehaisen said that the agency received more than 14,000 corruption notifications…
North Petroleum International Company, a subsidiary of China ZhenHua Oil Co. Ltd, acquired four percent stake in Abu Dhabi National Oil Company's (ADNOC)…
Tunisian government bodies, supervising local fiscal policy, as well as the Central Bank, are seeking to push forward e-finance transactions to limit…
Australia overtook Qatar as the world's biggest exporter of liquefied natural gas (LNG) for the first time in November, data from Refinitiv Eikon showed on…
Tokyo prosecutors Monday formally charged Carlos Ghosn with financial misconduct for under-reporting his salary and also served him a fresh warrant on separate…
The value of public and private investment funds increased 4 percent during the third quarter of 2018 compared to the previous quarter, with a total assets…
The European Commission said, in a report published by Brussels, that the EU and Jordan participated in building and fostering a solid and strong partnership. …
Egyptian President Abdel Fattah el-Sisi counted Saturday on Africa as “the future of global economy.” He pointed out that the continent has all the elements…
Egypt has signed several development deals with various parties, on the sidelines of the Africa 2018 Forum to be inaugurated on Sunday. Egyptian…
The Libya National Oil Corporation (NOC) has informed the country’s Finance Ministry of the need to expand its budget spending in 2019 to support a 67 percent…
In a remarkable move, the Central Bank of Sudan has agreed to allow foreign and domestic mining companies and individuals to export gold after a government…
Supported by an agreement between Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman, OPEC members and allies like Russia have agreed…
The Organization of Petroleum Exporting Countries (OPEC) held its meeting in Vienna on Thursday to agree on a production cut aimed at curbing price declines…
Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, will inaugurate on Monday King Salman Energy Park, dubbed Spark, located…