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…
Riyadh and Paris have entered into a new phase of cooperation in the algae industry. Ten French companies have shown interest in developing and cultivating…
Egypt’s parliament approved on Monday the establishment of a sovereign wealth fund with a capital of 200 billion Egyptian pounds ($11 billion), the MENA state…
JP Morgan Chase is expected to add Bahrain, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates to the emerging markets index, which already includes Oman…
Chairman of Bosnia and Herzegovina’s Presidential Council Bakir Izetbegovic praised Monday Saudi Arabia’s role in helping his country overcome war, resume…
The International Monetary Fund warned on Monday that global economic expansion has plateaued, increasing the risk of worse outcomes, although it also…
Ownership of foreign investors in Saudi Stock Exchange (Tadawul) is on a rise reaching a new level of 5.02 percent. The growing rise in the ownership of…
The Dubai International Financial Center (DIFC) announced strong growth across various sectors. A total of 2,003companies were registered with the DIFC by the…
The Trump administration is actively considering tapping into the nation’s emergency supply of crude oil as political pressure grows to rein in rising gasoline…
South Africa launched a set of limited edition bank notes and gold coins to mark the 100th anniversary on July 18 of the birth of Nelson Mandela. The South…
Morocco will exempt new industrial companies from corporate tax for five years to stimulate investment, the finance and economy ministry said. The corporate…
Fitch Ratings International raised concern over the status of the Turkish economy in the next phase after the country has switched into a presidential system…
Saudi developer ACWA Power and the state-owned Central Energy Fund of South Africa are linking up to invest in renewable energy projects in the African country…
South African President Cyril Ramaphosa has stressed the necessity of further cooperation to increase trade between his country and Saudi Arabia, and enhance…
Falling oil prices during the past week had no clear impact on the Saudi stock market. Registering upward spike at about 2.3 percent, the Saudi market managed…
Holidaymakers are returning to the Tunisian seaside this summer in a marked turnaround three years since dozens of tourists were killed on one of the country's…
Economists have shed light on the importance of increasing investment in innovative and pioneering projects in various technological industries. They also…
Saudi Telecom Company (STC) is working to improve the quality of telecommunications services in the country, after announcing yesterday that it has issued a…
World’s oil supply cushion could be stretched to the limit due to prolonged outages, which will support prices and threaten demand growth, the International…
Lebanon Central Bank Governor Riad Salameh said Thursday that he expected the economy to grow to 2 percent in 2018. Inflation will be between 4 and 5…
Saudi Arabia is working on raising the contribution of small and medium enterprises to the national economy. It is also working on improving the present…
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States…
The bankruptcy law will come into effect on August 18, said an official in the Saudi Ministry of Commerce and Investment. The Saudi government had endorsed…
The Silk City project, spearheading the Kuwait vision 2035, is considered the largest marine front project that will bring Kuwait back on the world map of…
The Saudi Capital Market Authority (CMA) announced the approval of the first two trial financial technology licenses to Manafa Capital and Scopeer. The…