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…
Jordan’s government decided to suspend on Monday the free trade agreement with Turkey, based on a recommendation by the Ministry of Industry, Trade and Supply…
Saudi cement companies' sales in February reached 3.63 million tons with estimates suggesting second-quarter 2018 sales will increase. An increase in sales…
The Gulf countries agreed on establishing a payment processor that would meet expectations of the GCC countries' citizens in quick and safe financial…
Bahrain's economy recorded an increase in total non-oil exports during the first eight months of 2017 amounting to about $4.8 billion, compared to the same…
The Saudi Energy Efficiency Center launched a campaign to raise awareness on fuel-efficient cars, affirming that fuel efficiency difference could reach 37…
Egypt is planning to award the tender for a high-speed railway between the Red Sea and the Mediterranean, announced Transport Minister Hisham Arafat on Monday…
About $115 million of foreign investments had been pumped into Saudi stock market last week, according to Tadawul data. Faced with increased liquidity from…
The Government of Sharjah has issued a $1 billion sukuk on a 10 year maturity, in the Emirate largest deal and this year’s first sovereign government bond…
Trade representatives for Japan and the European Union met with the US trade representative on Saturday in Brussels, in an effort to avoid a trade dispute over…
As OPEC awaits an expected 1.6 million bpd increase in demand of oil this year, some oil countries are preparing to start producing from oilfields that were…
Saudi Arabia's GDP grew by 8 percent in 2016 compared with 2010, a recent report confirmed. The same report said that China witnessed a 23 percent GDP…
Saudi’s ACWA Power inaugurated on Thursday the commercial operation of the Salalah 2 Independent Power Plant holding a 445 MW capacity and standing at an…
The Senate is preparing to scale back the sweeping banking regulations passed after the 2008 financial crisis, with more than a dozen Democrats ready to give…
The Saudi Arabian General Investment Authority and British Department for International Trade signed on Friday an agreement on a trade and investment…
Saudi Energy Minister Khalid Al-Falih has stressed that the timing of the initial public offering of the state oil company Aramco was not that significant as…
Saudi Arabian General Investment Authority (SAGIA) Governor Ibrahim bin Abdul Rahman Al-Omar said that Saudi Crown Prince Mohammed bin Salman’s visit to…
The volume of British investments in Saudi Arabia until February 2018 is estimated at 12.5 billion SAR ($3.3 billion), while the number of British projects has…
Global British-owned Company Wood has been selected by Saudi Aramco and SABIC to develop the world’s largest fully-integrated crude oil to chemicals (COTC)…
The Public Investment Fund (PIF) announced on Thursday that it has invested $400 million in the Series D equity funding by Magic Leap, Inc. (Magic Leap),…
State oil giant Saudi Aramco signed a preliminary deal to pursue international gas opportunities with Royal Dutch Shell on Thursday as part of top crude…
Saudi Arabia and Britain signed on Thursday 18 economic agreements in various fields worth over $2 billion. The deals were announced at the end of the Saudi-UK…
Turkey’s Central Bank kept interest rates steady on March 7, saying it would keep policy tight until price pressures eased, signaling its intention to rein in…
Minister of Finance Amr El-Garhy told Reuters on Tuesday that Egypt will select the banks that will handle and manage the issuance of euro-denominated bonds…
The international oil and gas industry needs to invest more than $20 trillion over the next 25 years to meet expected growth in demand and compensate the…