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…
A Russian delegation from Atomstroyexport will arrive in Egypt soon to finalize the preparations to establish a nuclear power plant in al-Dabaa, west Egypt,…
Bahrain is eyeing sweeping development of its tourism infrastructure, giving the steadily growing sector a greater push, a senior official said. Tourism…
International Finance Corporation (IFC) announced Sunday that its investments to support Egypt’s private sector have amounted to nearly $1 billion during the…
Dubai’s real gross domestic product (GDP) reached AED389 billion ($105.9 billion) in 2017 compared to AED379 billion ($103.1 billion) in 2016, Dubai Statistics…
Chairman of the National Commission for Tourism and National Heritage Saudi Prince Sultan bin Salman bin Abdulaziz stressed that the attention of tourism…
Trade tensions between the United States and China, which threaten to spill over into the global economy, have dominated the spring meetings of the…
International Monetary Fund Director of the Middle East and Central Asia Department Jihad Azour stated Friday that economic growth has witnessed a palpable…
After ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC independent producers finished their meeting in Jeddah and…
A new reporting rule in the United Kingdom requires companies that have more than 250 UK workers to disclose data on any gender wage gap by Wednesday — and so…
Saudi Arabia's stock market climbed in early trade on Thursday in the wake of oil prices' rise to their highest level in over three years and a half. On…
With US-China frictions hanging over its annual meeting, the International Monetary Fund on Thursday warned governments to avoid harming trade and investment,…
Oil prices continued to rise on Thursday hitting a new high not seen since 2014 at the time US crude supply decreased, after sources told Reuters that Saudi…
Fuel smuggling in Libya is costing the north African country more than $750 million annually, said the head of the National Oil Company. NOC president…
Foreign direct investment in Tunisia rose by 27 percent in the first quarter of 2018 year compared with 2017, official figures showed on Thursday. The…
Foreign Direct Investment (FDI) in Tunisia rose by 27 percent in the first quarter this year compared with a year earlier, official figures showed on Thursday…
An ACWA Power-led consortium with Veolia and Dhofar International Development and Investment signed an agreement of developing, executing and operating Salalah…
Russian gas giant Gazprom said on Wednesday it would form a joint coordination committee with Saudi Aramco. Gazprom said in a statement that the agreement…
Eni plans “billions” of investments in Algeria over the next three years, the company’s CEO said on Tuesday, as the Italian energy firm said it had agreed to…
Saudi Arabia’s Kafalah Program (SME Financing Guarantee Program) for small and medium-sized enterprises will join Simah Saudi Credit Bureau. The…
Saudi Arabia’s Real Estate Development Fund launched at department stores throughout the Kingdom 13 presentations to showcase its services. The…
The foreign acquisition unit of India’s Oil and Natural Gas Corp’s (ONGC) has filed an arbitration claim against the government of Sudan in a London court, a…
The National Center for Privatization & PPP (NCP) confirmed that efforts are underway to launch privatization and partnership opportunities between the private…
Organization of the Petroleum Exporting Countries (OPEC) will discuss the fate of the deal to curb oil production, according to Kuwait’s oil minister Bakhit al…
Federation of Chambers of the Gulf Cooperation Council (GCC) will discuss next Thursday the completion of customs' unity requirements among the GCC countries,…