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…
A senior Saudi Aramco official estimated the value of supply chain and logistics sector to be more than four trillion dollars of the world’s economy. Under…
Just three years ago, in September 2015, all United Nations Member States approved the 2030 Agenda for Sustainable Development. The eradication of hunger and…
Saudi Aramco took part in the second India Energy Forum. Hosted by CERAWeek IHS Markit and held on October 14-16, the annual event fosters national and…
The Public Investment Fund (PIF) revealed on Monday the general program of the second edition of the Future Investment Initiative (FII), reported the Saudi…
The Saudi-Oman Business Forum, organized by the State General Reserve Fund, reviewed investment opportunities in the Sultanate in transport, ports, tourism,…
The UAE issued a law permitting the Federal Government to issue sovereign debt for the first time, helping to boost banking liquidity and enable individual…
Liquidity shortage and the inability of Sudanese banks to pay their customers have forced the e-media star Othman al-Jundi to park his car for 10 days and…
Egypt is considering issuing bonds in currencies other than the euro and the US dollar after launching a roadshow in Asia, Finance Minister Mohamed Maait told…
Germany’s Federal Minister for Economic Cooperation and Development Gerd Muller’s visit to Tunisia led to signing five investment agreements worth 1.7 billion…
The Bahraini government has inked two deals worth $25 million with the Saudi Fund for Development (SFD). The agreements were signed by the Minister of…
SABIC showcased its national initiative Nusaned to enrich local content, in the introductory meeting held by Riyadh Chamber of Commerce and Industry…
Egypt’s annual urban consumer inflation rose to 16 percent in September from 13.26 percent in August, the official statistics agency CAPMAS said on Wednesday. …
Lebanese ministries and state departments suffer from a surplus in the number of their employees, thousands of whom receive monthly salaries without assuming…
Saudi Aramco and the Bahrain Petroleum Company (BAPCO) announced on Tuesday the successful operation of the AB-4 pipeline, marking a new phase in the strategic…
The Saudi economy is expected to continue to grow during the 2018-19 fiscal year following a shrink of 0.9 percent in 2017, said the International Monetary…
Egypt’s first smartphone maker is looking to enter the broader African market by the end of 2018 or early 2019 as it seeks to boost exports, its sales director…
NEOM, the destination for the future of living being developed in the Northwest of Saudi Arabia, announced on Tuesday its global Advisory Board. The Board…
The Egyptian stock exchange retracted Monday, amid huge selling purchases by Egyptian and Arab investors. Egypt index dropped 3.55 percent, closing at 13604.01…
Saudi Arabia’s Housing Ministry program charging an annual 2.5 % tax on clear land plots, known as White Land tax, has managed to pump SAR 100 million ($ 27…
The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2018 and 2019, The International Monetary Fund is downgrading its…
Iranian crude oil relapsed in the first week of October, influenced by the imminent US sanctions. Iran exported 1.1 million barrels per day (bpd) of crude…
Turkish President Recep Tayyip Erdogan revealed on Tuesday a new economic policy committee as the country scrambles to salvage its economy and reassure foreign…
The High Commissioner for Planning (HCP) predicts a 2.9 percent rise in Morocco’s economic growth in the fourth quarter, down from 4.4 percent in the same…
Saudi Aramco and Total signed on Monday the joint development agreement for the front-end engineering and design (FEED) of a giant petrochemical complex in…