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…
Qatar Airways may consider a fuel surcharge on tickets to help it return to profit amid a regional dispute and rising oil prices, Chief Executive Akbar al…
The Saudi Telecom Company (STC) signed on Monday agreements with international companies to promote local content, reported the Saudi Press Agency. The deal…
Saudi Arabia's Minister of Energy, Industry and Mineral Resources Khalid al-Falih has attributed "some delays in Aramco's initial public offering to its…
Bahrain's Shura Council approved on Monday a draft law to impose the value-added tax (VAT) in the Kingdom. The House of Representatives had held an…
More than six million foreign travelers visited Tunisia in the first nine months of 2018, according to government data, as tourism rebounds from devastating…
Egypt started Sunday promoting international bonds in Asia and Europe in an attempt to win new investors as the Finance Ministry tries to diversify its funding…
Abu Dhabi National Oil Company and Baker Hughes, a subsidiary of General Electric Co. have signed a strategic partnership agreement that will enable and…
Algeria’s state-owned oil and gas company Sonatrach will launch offshore drilling with France’s Total and Italy’s ENI on two sites in the east and west of…
Saudi Arabia's long-term and short-term (A / A-2) sovereign debt rating having a stable positive outlook was reaffirmed by the global credit rating agency…
Riyadh will host later in October the second edition of the Gulf Cooperation Council Economic Forum, reported the Saudi Press Agency on Sunday. The event…
Sudan set on Sunday the daily exchange rate for its pound as part of a new currency mechanism in what amounts to a sharp devaluation, the head of the country's…
The Saudi Payment Network (MADA) announced it will soon introduce ''Apple Pay'' in Saudi Arabia. In a statement issued on Friday, MADA confirmed that this…
Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, said that he believes that unemployment in the Kingdom will start to…
Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, announced that the stalled plan to sell shares in oil giant Aramco will…
Tunisia’s tourism continued to rebound from devastating terrorist attacks three years ago as more than six million foreign travelers visit the country in the…
The Saudi British Bank (SABB) and Alawwal Bank have approved a merger agreement, they said in a joint statement. The merger will create the Kingdom’s third…
Saudi Basic Industries Corp (SABIC) has completed the issuance of two billion dollars worth of international bonds, the Saudi petrochemicals major said on…
The Emirates NBD Egypt Purchasing Managers’ Index (PMI) for the non-oil private sector weakened to 48.7 in September from 50.5 in August, putting it below the…
New World Bank report forecasts growth in the Middle East and North Africa (MENA) to hit an average of 2 percent, compared to an average of 1.4 percent in 2017…
The finance ministers of Saudi Arabia, Kuwait and the United Arab Emirates will sign in Amman several framework agreements related to the outcomes of the…
The 17th edition of Cityscape Global is underway at the Dubai World Trade Center, featuring almost 300 exhibitors across nine exhibition halls. Sheikh Hamdan…
Saudi Telecom Company (STC) has launched a new investment arm for electronic payments under the name “STC Pay”. The STC Pay was launched as part of the kingdom…
Saudi Aramco participated on Tuesday in the US-Saudi Arabian Business Council’s (USSABC) premier US-Saudi SME Forum in Los Angeles, adding momentum to ongoing…
The Fourth Middle East Safety Summit was kicked off in Riyadh on Tuesday under the patronage of the Minister of Transport and Chairman of the General Authority…