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…
The Association Council between Algeria and the European Union will hold a session in Brussels on Monday discussing recent developments. Meanwhile, report on…
OPEC producers are not targeting a certain oil price, United Arab Emirates Energy Minister Suhail al-Mazroui said on Sunday, while expressing his concern over…
Saudi Aramco officials and experts confirmed that Saudi Arabia boasts huge technical investment opportunities that will create a new industrial revolution that…
Ratings agency Standard & Poor’s upgraded Egypt’s debt rating by one notch on Friday, citing stronger economic growth and moderating inflation. S&P raised…
The Saudi Ministry of Commerce and Investment issued a guiding charter for family businesses aimed at bolstering family business values, achieving the targets…
German Radoslav Albrecht has founded an online bank that allows clients to transfer loans anywhere in the world using Bitcoin. Bitbond uses cryptocurrencies…
The total profit of Saudi firms during the first quarter of 2018 reached around SAR25.4 billion (USD6.7 billion), a drop of 16.4% compared to accomplished…
Deloitte Global forecasts major strides in machine learning for the enterprise, a worldwide appetite for digital subscriptions among consumers, and ongoing…
France and its European allies plan to submit proposals to the European Commission that are designed to strengthen Europe's capacity to defend its economic…
Oil prices shot up to a one-year high on Thursday as traders prepared for possible renewed US sanctions against Iran, and the gap between supply and demand in…
The Kazan Summit Russia-Islamic World was launched on Thursday and will continue until Saturday with the participation of 3,000 guests from 50 countries…
Zambia's Minister of Foreign Affairs Joseph Malanji revealed that his country is eyeing a comprehensive strategic partnership with GCC countries, adding the…
The Saudi Council of Economic and Development Affairs (CEDA) approved the Financial Sector Development Program 2020, which is one of the main programs to…
Governor of Madinah region Prince Faisal bin Salman, who is also Chairman of the Development Authority of the city, asked the participants in the discussion…
UAE’s Assistant Foreign Minister for Economic Affairs Mohamed Sharaf announced on Wednesday, at the conclusion of his visit to Sudan, a joint deal to increase…
Saudi Arabia’s Public Investment Fund (PIF) is preparing to host the Future Investment Initiative (FII) 2018 program, which will continue to explore the trends…
Oil prices rose to record highs while the Iranian currency tumbled on Wednesday, the day after US President Donald Trump's decided to unilaterally pull out the…
Saudi Arabia will soon launch e-payment platforms in its quest for advancing commercial transparency, said Ziad Al-Yousef, the Director General of Payment…
A senior official at the Saudi Ministry of Commerce and Investment confirmed that an e-commerce system will be launched soon in the Kingdom. The system has…
The CEO of Samba Financial Group, Eisa Mohammed Al-Eisa, announced net profits for the first quarter of 2018, which witnessed a 6.01% year-on-year hike…
The Jordanian government prepared the draft law of the amended income tax law, which is being discussed in the legislative departments of the Cabinet and is…
The Supreme Council of Magistracy of Saudi Arabia approved on Tuesday the establishment of a number of labor courts and labor departments at appeals and a…
Saudi insurance firms have started to prepare new claims' centers that will be allocated for women. This is taking place at the time when the Kingdom is…
Saudi Energy Minister Khalid al-Falih said on Monday he was concerned about possible shortages of spare crude oil output capacity, although he believes the…