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 second day of the Makkah Economic Forum held in Jeddah themed “From Vision to Prosperity: Invest in Makkah,” uncovered 8 investment opportunities in the…
Dammam Airports Company (DACO) is planning to transform King Fahd International airport into a regional hub at the level of passengers and cargo volumes as the…
In a new evidence of Saudi Arabia’s ability to translate its economic reforms into reality, the Saudi Ministry of Finance announced on Monday its quarterly…
Saudi Aramco expanded its In-Kingdom Total Value Add (IKTVA) program and strengthened its relationship with local industry players by awarding purchase…
Egypt's Minister of Finance Dr. Omar Al-Jarhi said that "the layover of the (economic) reform program is the biggest problem that has faced Egypt in previous…
The International Monetary Fund praised Egypt's progress in stabilizing its economy, saying however that it should focus on the private sector to provide jobs…
Saudi Arabia’s Ministry of Environment, Water and Agriculture revealed that the volume of exports of fish farming projects produced in 2017 exceeded 37,000…
The World Health Organization (WHO) said the global health sector budget will continue to double until 2030, which represents about 10 percent of gross…
Council of Economic and Development Affairs launched the "Quality of Life Program 2020" with a total expenditure of SR130 billion and aims at achieving 20…
South Korea’s Minister of Trade, Industry and Energy Paik Un-gyu met on Friday with Saudi Energy Minister Khalid al-Falih in Seoul, the South Korean ministry…
Air France-KLM boss Jean-Marc Janaillac announced his resignation on Friday after staff rejected a pay deal aimed at ending weeks of strikes. "I accept the…
Encouraging external investment, boosting transparency and growing the small business sector are three key steps in ensuring the success of the Vision 2030…
An economic report issued by Bahrain’s Economic Development Board (EDB) revealed that national GDP for 2017 grew by 3.9 percent, with a growth rate of 5…
Saudi Aramco has organized the 2018 Contractors’ Exchange Conference under the theme “Deploying Technology for Effective Project Execution,” which hosted more…
Italian oil company Eni announced an oil discovery in the Egyptian Western Desert, on the A-2X exploration prospect located in South West Meleiha license. …
Saudi Arabia is on track to cut its budget deficit to seven percent of gross domestic product this year, Saudi Finance Minister Mohammed al-Jadaan said on…
Alexander Brangman finds comfort in remembering how long his daughter lived — 26 years, 11 months, 9 hours and 15 minutes — rather than the horrible and…
Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum inaugurated on Tuesday the first project of the third phase of the…
The Saudi-Moroccan Business Council announced that it will launch a trade and business forum in the city of Tangier on the sidelines of the upcoming session of…
SABIC and ExxonMobil said Tuesday that they have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million…
Saudi Shura Council called on Tuesday for a study of the effects the Aramco IPO will have on the local stock market to protect it from the concentration of…
The International Monetary Fund warned on Wednesday that current levels of growth in the Middle East will not generate enough jobs for the region’s…
The Saudi Arabian Monetary Agency (SAMA) said it had made significant progress, in collaboration with SAP, in the digital transformation process, noting that…
In line with Vision 2030’s goal to bolster business and financial services, the Saudi Arabian Monetary Agency (SAMA) launched on Sunday the Fintech Saudi…