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…
General Electric decided to suspend activities in Iran ahead of the US-set deadline for companies to wind up operations in the country facing re-imposed…
Canada, Mexico and the European Union vowed on Friday to retaliate to the US metal tariffs with levies on billions of dollars of US goods. The Dow Jones…
The banks in the Gulf have started to apply the ninth benchmark of the international standards to prepare financial reports on the financial conditions. The…
At the time when Russia and other OPEC producers are in quest to study the increase of product during the second half of this year, this may lead to an…
Around 1,000 individuals in Saudi Arabia have paid more than SAR4.4 million (USD1.17 million) via the Zakaty e-portal and Zakaty app that are affiliated with…
Finance Minister Mohammed Al-Jadaan stressed the importance of committing to the duration granted to ministries and other government bodies to fulfill the use…
Egypt's total foreign debt hit $82.9 billion by the end of December 2017, recording a 3.9 billion dollar increase, which is equivalent to 4.9 percent rise in…
Saudi Arabia has entered a new stage in investing and invigorating its knowledge economy as the national Council of Ministers approved the establishing of the…
Oil edged lower on Thursday on expectations of a rise in US crude inventories and the prospect of increased output from OPEC later this year. The oil price…
International credit rating agency Moody’s has lowered Turkey’s growth forecast for 2018 from 4 percent to 2.5 percent on the grounds of increasing oil prices…
Latest statistics in Sharjah have revealed that the real-estate trading volume in the emirate reached during the first three months of the current year around…
Coinciding with the Saudi Telecom sector’s major success in launching the first 5G network in the Middle East and North Africa region, competition in the…
Saudi Hajj and Umrah Minister Mohammed Benten said that Saudi ambition is very great in realizing Vision 2030, especially in the Hajj and Umrah issue, which is…
The Industry, Energy and Mineral Resources Committee of Riyadh Chamber of Commerce has stressed the need for government and private industrial action to…
Industrial production in Morocco witnessed a remarkable increase in April with a 64 percent Capacity Utilization Rate (UCA), reported Bank Al-Maghrib in its…
The Saudi Arabian Monetary Agency (SAMA) foreign reserves rose last month at their fastest rate for four years, official data showed on Monday, revealing the…
India said on Monday it had no plans to use Venezuela’s local cryptocurrency ‘petro’ in oil trade with the Latin American nation, which is facing sanctions…
The Saudi Ministry of Commerce and Investment registered the Red Sea Development Company (RSDC) as a closed joint-stock company wholly owned by the Public…
Saudi Aramco has launched a program for developing three unconventional gas-producing areas for Shale Gas. Aramco, Saudi Arabia’s national petroleum and…
The rise in fuel prices this year seems to have had an impact on demand in Saudi Arabia, falling by an average of 7.4 percent in the first quarter of this year…
Head of Qatar’s state-backed airline has admitted it could be forced to seek a government bailout if a blockade by the country’s regional neighbors continues. …
Saudi Financial Lease Registration Company has entered into a strategic partnership with Saudi Credit Bureau (SIMAH) through an agreement to exchange…
Consumer goods’ prices increased in Sudan to an extent that it left people unable of meeting their basic needs, whether they are of limited, medium or even…
Thousands of Argentines on Friday protested the government's bid to secure a credit line from the International Monetary Fund, which they blame for hardship…