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…
UAE-based Dana Gas announced it had completed the process of issuing new Sukuk which will be listed on Euronext Dublin, previously known as "Irish Stock…
SABIC’s Specialities business announced it is accelerating the development of disruptive solutions to create end-user market pull by engaging with US-based…
The total number of transshipment containers in Saudi ports have increased by more than 19 percent in the first half of 2018. This new indicator confirms…
The Saudi General Authority for Zakat and Income Tax announced that on December 20 it will set a date for mandatory registration of establishments with sales…
Saudi Arabian Monetary Authority issued an official statement on Monday warning against dealing with persons not licensed to practice insurance activities in…
Bahrain-based GFH Financial Group (GFH) reported a net profit attributable to shareholders of $72.5 million for the first half of the year, representing a 16.7…
Bahrain’s Economic Development Board (EDB) revealed Sunday its forecast for the current year with 3.4 percent growth rate for its GDP and 4.3 percent in growth…
Saudi Aramco announced it had signed a term sheet to form a Gasification and Power joint venture (JV) located at Jizan Economic City (JEC) in Saudi Arabia. …
Egypt’s Minister of Investment and International Cooperation Sahar Nasr, Minister of Finance Mohamed Maeet and Minister of Trade and Industry Amr Nassar held a…
The Tunisian trade deficit widened during the first seven months of 2018 by 15 percent, and a 23.3 percent growth in exports sector failed to limit the…
A recent study has tackled two scenarios of the Iranian economy in light of the current updates. The study was prepared by an economist researcher in Rasanah …
The Turkish lira continued to plunge on the backdrop of US President Donald Trump's decision to double tariffs on steel and aluminum imports from Turkey to 50…
The Tunisian Tourism Ministry said that 4.4 million foreign tourists visited the country from January 1 through July 31 this year, up 23% compared with the…
Saudi Minister of Commerce and Investment Dr. Majid bin Abdullah al-Qasabi inaugurated Thursday the ministry’s customer service center in Jeddah, in the…
The Saudi Ministry of Commerce and Investment introduced new procedures aimed at improving the business environment, reinforcing investor confidence and…
Almost three decades ago, the Texan oilman T. Boone Pickens attempted to charge into a Japanese boardroom. He had accumulated around one-third of the company –…
The Turkish lira plummeted to record lows against the dollar on Friday prompting President Recep Tayyip Erdogan to urge Turks to exchange gold and hard…
Saudi Arabia has made an installment of 2.3 billion riyals into the kingdom’s household allowance program, in the ninth payment to beneficiaries. Known as…
Egypt’s annual inflation fell to 13 percent year-on-year in July 2018 from 34.2 percent. In July, the Central Agency for Public Mobilization and Statistics …
Saudi Aramco has made new appointments during a meeting of its board of directors, sources told Bloomberg. They said the board approved for Khalid al…
The International Finance Corporation (IFC), a member of the World Bank (WB) Group, said Wednesday that it has invested in Egypt around $1.2 billion during…
Sudan has reached an agreement with India’s Oil and Natural Gas Corp’s (ONGC) on Tuesday to settle the former’s debt of about $98 million. The deal, signed…
Saudi Minister of Energy, Industry and Mineral Resources, Khalid Al-Falih stressed on Wednesday that the Kingdom’s oil policy and supplies to countries around…
The Ministry of Finance issued on Wednesday the quarterly report on the performance of the state budget, in the second quarter of the Fiscal Year 2018-2019. …