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…
Saudi Aramco is set to acquire a 50 percent stake in synthetic-rubber maker Arlanxeo after buying it from its partner, Germany’s Lanxess in a deal worth 1.4…
Saudi Telecoms achieved positive growth in their announced results for the first half of 2018, with an improvement of 3.33 percent compared to the same period…
The industry sector plays an important role in the national economy, Egypt’s minister of planning and administrative reform said on Tuesday. Hala al-Saeed…
DP World, one of the world’s largest port operators, has announced the acquisition of 100 percent of Denmark’s Unifeeder Group for 660 million Euros ($762.6…
New car sales recorded 4.86 percent increase by the end of July compared to the same period last year, according to Morocco’s Association of Importers of Motor…
Fitch Ratings has affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at “B” with a “Positive Outlook”, the rating agency announced in a…
A number of Iranian economic experts criticized President Hassan Rouhani for the corruption in the country and presented a package of proposals to tackle the…
The Saudi Ministry of Energy, Industry and Mineral Resources decided on Monday to keep the gasoline prices for domestic consumption unchanged for the third…
Economists in Tunisia have been closely following the economic dynamics of the local markets, especially with the beginning of the sale season early this month…
Sudan announced Sunday completing the development of a plan to benefit from solar energy and wind power to produce about 1,000 MW of electricity in 2019,…
Foreign investors maintained their share in the Saudi stock market, which for the third week in a row remained above 5.1 percent. The Saudi bourse is one of…
Exports of traditional Moroccan clothing to Algeria increased by 97 percent in 2017, reaching $18.8 million with 9 percent of total Moroccan exports to Algeria…
The Sudanese government announced on Saturday receiving a rehabilitation and operations plan from the European aeronautics company, Airbus, to serve its…
Houthi militias increased gas prices once again on Saturday in areas under their control, which includes the Yemeni capital, Sanaa. Other than adding to the…
Walmart Inc. set aside nearly $300 million last fall for a possible resolution with the U.S. government over international bribery allegations, a sign that an…
An advertising campaign for Egypt’s Real Estate Taxation Authority (RTA) has drawn the people's attention calling on citizens to start paying taxes before mid…
Turkish President Recep Tayyip Erdogan has sought to calm fears about the country's economy, which has shown negative signs recently, stressing Ankara will…
Total profit of 100 Saudi firms listed in the local market saw a rise of 2.46 percent compared to the same period of 2017, amounting to $14.5 billion,…
Meeting a growing demand for Saudi housing funds, the Saudi Real Estate Refinance Company (SRC) signed a SAR 1.2 billion (approximately $ 320 million) deal…
The Gulf Cooperation Council (GCC) has maintained its Arab leadership in providing logistics services while strengthening its position in the global ranking of…
The Dubai Land Department, DLD, has issued a decision to seize the properties and land plots registered under Schon Properties as well as the funds deposited…
Yemeni security forces on Wednesday shut down a number of currency exchange shops in Aden operating without a license, hoping to blunt the impact of the war…
Bahrain has established investment projects worth $1.9 billion in various sectors during the first quarter of 2018, with oil, gas, infrastructure and health…
Saudi Arabia’s Public Investment Fund (PIF) announced Wednesday its knowledge partners, who will run cross-industry workshops during the 2018 Future…