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…
Tension has returned to the Iranian currency market after a sudden drop in the Iranian currency against the dollar on Monday after weeks of cautious calm…
Abu Dhabi National Oil Company (ADNOC) said Monday it has awarded two contracts worth 12.8 billion dirhams ($3.5 billion) to South Korea's Samsung Engineering…
UAE announced on Monday completing the construction of the first of four Barakah nuclear power reactors. Following this step, UAE has become the first Arab…
Saudi Arabia is preparing to host a high-level economic forum, "Governance in Focus: Boosting Competitiveness in a New Business Paradigm", on April 25, at the…
The Tunisian government has unveiled a new economic and social program, identifying a set of measures and mechanisms seen as a "roadmap" for the economy’s…
Aramco Services Company (ASC), the North American arm of Saudi Aramco, revealed Sunday that it had struck a $25 million-worth five-year research and…
The total value of trade between the Emirate of Dubai and Germany reached AED40 billion in 2017, Dubai customs said according to a 2017 statistics. Director…
Oil prices increased one percent Friday, pushed by Saudi plans to extend output cuts into 2019. Brent crude futures were at $69.52 per barrel. For the week,…
At the end of 2017, Morocco's Managem Group achieved a net income share of MAD879 million (USD96 million), an improvement of 204 percent compared to last year…
The Saudi Federation for Cyber Security and Programming signed on Friday a Memorandum of Understanding (MoU) with Northrop Grumman, the leading global security…
The Saudi stock market scored on Thursday the highest closing point in 31 months. This coincided with Saudi Arabia move towards economic reforms that might…
You want a trip to Toys "R" Us, head office of Geoffrey the Giraffe, to feel like a visit to a sugarplum Toyland. But the mood is black these days inside…
Azerbaijan’s Ambassador to Saudi Arabia Shahin Abdullayev said that his country is seeking to establish partnerships with Saudi Arabia in the fields of…
US President Donald Trump is seeking to impose tariffs on at least $50 billion in Chinese goods imports to retaliate against the alleged theft of American…
Qatar Holding LLC is selling its entire shareholding in China and Hong Kong department store operator Lifestyle International Holdings Ltd and Lifestyle China…
Prime Minister Saad Hariri said that the Lebanese government's priority for the next stage is to focus on the productive sectors, expecting the upcoming CEDAR…
The Saudi Arabian Monetary Authority (SAMA) will allow banks operating in the kingdom to offer online payment and purchase service to holders of cards under…
Kuwait plans to set up a multi-purpose industrial city in the Gulf Arab state with total expected investments of $6.6 billion with the participation of the…
African leaders agreed on Wednesday to establish a free trade bloc of over 40 countries. Meeting during an African Union summit in Rwanda, they reached a…
The Saudi Arabian General Investment Authority (SAGIA) revealed on Wednesday that the US investments in the Saudi market until February 2018 exceeded SR207…
Saudi Crown Prince Mohammed bin Salman began his three-weeks long visit to the United States this week, planning to visit several states as part of a political…
Financial deficit in countries of the Gulf Cooperation Council (GCC) is expected to reach $51 billion in 2018, dropping 52 percent compared to 2017 budgets (…
Dubai's non-oil foreign trade in 2017 grew AED26 billion to reach AED1.302 trillion ($354 billion), it was revealed on Monday. Dubai’s re-exports grew nine…
Jordan’s public debt has amounted to JD27.443 billion ($38.69 billion) by the end of January 2018, constituting 95.6 percent of the gross domestic product (GDP…