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…
Abu Dhabi National Oil Company (ADNOC) announced Tuesday that it has set up six regions to explore, develop and produce oil and gas through a competitive bid…
In line with the visit of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Minister of Defense, to Paris, flynas, the award…
The Saudi Basic Industries Corporation (SABIC) inaugurated on Tuesday the first ever polyacetal (POM) plant in the Middle East and Africa region at its joint…
French Foreign Minister Jean-Yves Le Drian inaugurated in Paris on Tuesday the Saudi-French CEOs Forum, reported the Saudi Press Agency. The forum is…
The total net profit of 70 companies listed on the Casablanca Stock Exchange last year was 31.81 billion dirhams ($3.5 billion), up 12.1 percent year-on-year,…
The Federal Supreme Court of Iraq announced Monday it has begun deliberations on a possible lawsuit to challenge the Kurdistan Region’s independent oil exports…
Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre “Markaz”, recently released a research note titled “Remittance Tax in Kuwait: Is it coming…
A trade group representing top technology companies on Monday urged US President Donald Trump to use pressure against China instead of tariffs to try to change…
The Saudi Arabian General Investment Authority (SAGIA) signed on Monday a memorandum of understanding (MoU) with Hewlett-Packard to promote IT environment and…
Saudi Basic Industries Corp. (SABIC) announced Sunday forming a joint venture with ExxonMobil to build an ethylene plant in Corpus Christi, Texas. It also…
Saudi Arabia's financial market has witnessed a new stage of development and creation of more investment channels. The Kingdom has started to include…
Saudi Crown Prince Prince Mohammed bin Salman signed on Saturday two memorandums of understanding (MoU) in Houston which paved the way for Saudi Aramco's…
Kafalah Program, which funds small and medium enterprises (SMEs) has taken accelerated steps towards achieving its goal of overcoming the financing constraints…
Saudi Crown Prince Mohammed bin Salman’s visit to France aims to establish a new Franco-Saudi strategic partnership focusing on cooperation. The visit won’t…
The Antwerp World Diamond Center in Belgium is surrounded with restricted security that makes it look like a fortress of guarded castle. The streets around it…
In February, Tesla said 2018 would be “a transformative year for us.” But the transformation so far is probably not the kind the company had in mind. The…
Falcon Plastic Products Co., a subsidiary of Mohammed Abdulaziz Al-Rajhi & Sons Holding Co., has recently celebrated the Silver Jubilee for its 25th year of…
Saudi Arabia has issued a new regulation for the Energy Efficiency Center in the country for the sake of rationalizing the production and consumption of energy…
In an escalatory measure, US President Donald Trump has instructed officials to consider a further $100bn of tariffs against China, in light of what he called…
Peter Munk, the Canadian immigrant who founded Barrick Gold Corp. in the early 1980s and transformed it from a small-scale operation into a global empire, has…
Almost eight out of 10 companies and public sector bodies operating in Britain pay men more than women overall, said data published Thursday confirming long…
Sudan wants to sell international Islamic bonds, or sukuk, worth nearly $1 billion this year to help finance the budget, its finance minister said on Thursday…
Saudi Aramco has stressed that its plants and facilities in the southwestern province of Jizan were operating "normally and safely." Aramco’s statement on…
Despite low revenue growth of 2.3 % in 2017 from about 3 percentage points in 2016, GCC banks achieved 6% profit growth due to declining LLPs and cost…