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…
Bahrain’s dinar recovered against the American dollar in the spot markets during early trading on Wednesday, while Central Bank of Bahrain announced covering…
Asian oil importers are stepping up efforts to diversify crude sources and Iranian oil payment mechanisms after the US announced it is pressing buyers to…
Credit rating agency Moody’s said on Tuesday that a review on a possible downgrade of Turkey’s sovereign credit rating will depend on what policies the country…
State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day, the people said, asking not be named discussing…
The flow of foreign investment climbed 16 percent in the first five months of 2018 compared to the same period last year. It led to a cash flow of 922…
The Tunisian General Labor Union warned on Tuesday of the impact of hikes in fuel rates and other possible increases in costs of basic living commodities…
Saudi Arabia announced on Tuesday continuing alongside Kuwait and the UAE talks with fellow Gulf citizens in Kingdom of Bahrain means to strengthen financial…
The Suez Canal Authority has signed a protocol of cooperation with Kuwait’s Agility, a leading global logistics provider, to establish a logistic center in…
Harley-Davidson announced Monday a plan to shift some manufacturing of its iconic motorcycles overseas to avoid retaliatory European tariffs imposed last week…
The Kuwaiti National Assembly approved Monday a draft law on the state of Kuwait's contribution to the capital of the Asian Infrastructure Investment Bank …
The joint agreement by OPEC and other oil-producing allies to raise output demonstrates the strength of the Saudi-Russian energy alliance, which will help…
Saudi Aramco has spare capacity of 2 million barrels per day (bpd) and can meet additional oil demand in case of any interruption in supplies, the company’s…
Three trading sessions, which followed the MSCI announcement on upgrading the Saudi shares market to the emerging global markets last week, have shown highly…
King Abdullah Economic City launched with Gas Arabian Services a natural gas pipeline project worth SAR102 million (USD27.2 million) in the Industrial Valley. …
Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) announced on Monday that they have signed a Framework Agreement to jointly develop the Ratnagiri…
Cyprus has tightened its procedures to allow foreign investors to acquire Cypriot citizenship, Finance Minister Harris Georgiades said after criticism that…
Saudi Arabia’s Ministry of Municipal and Rural Affairs announced efforts to tackle a range of challenges surrounding the municipal sector. The ministry said…
Organization of the Petroleum Exporting Countries (OPEC) agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi…
The region’s markets are expected to be affected by upgrading the Saudi market to emerging-market status of Morgan Stanley – however the impact will vary based…
Tunisia has raised fuel prices by 4 percent, the third hike this year as the government seeks to a cut budget deficit, a key requirement of international…
Abu Dhabi National Oil Co (ADNOC) will sign an agreement with Saudi Aramco and Indian companies on Monday for an up to 25 percent stake in a planned $44…
OPEC energy ministers agreed on Friday to increase oil production from next month by around 1 million barrels per day (bpd), Saudi Energy Minister Khalid al…
The European Commission is investigating the bloc’s biggest sea-borne gas supplier Qatar Petroleum over potentially restrictive 20-year supply agreements…
Jordan’s State Minister for Investment Affairs Mohannad Shehadeh said that developing the country’s technical services sector with German expertise and…