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…
Turkey’s exports witnessed a 10.7 percent increase year-on-year in January reaching $12.5 billion, while the country’s foreign trade deficit soared 108.8…
Saudi Arabian General Investment Authority (SAGIA) signed Monday a memorandum of understanding (MoU) with Saudi Electricity Company. This move aims at…
Yemen’s Minister of Tourism Dr. Mohammed Qubaty said that his country has received promises from international parties to facilitate the financing of tourism…
It seems that competition will be fierce on building Saudi nuclear reactors, in which the United States shows great interest after Russia has applied an…
Saudi Arabian Monetary Authority (SAMA), the Kingdom's central bank, is setting policy in line with the US Federal Reserve's interest rate policy and has…
Russia is showing an increased interest in fostering financial-economic cooperation with Arab Islamic countries and the whole Islamic economic-financial system…
Vodafone UK said it would sell its stake in Vodafone Qatar for 301 million euros (around $369.9 million), following a series of huge losses. Vodafone holds 51…
Minister of Finance Amr al-Garhy said on Monday that Egypt aims to reduce foreign debt from 41 percent in fiscal year 2016/2017 to 35 percent by the end of…
Aramco has been spending $12 billion every year on more than 4,000 SMEs (small and medium enterprises) either directly or through its supply chain through…
Saudi Arabia and UAE are first and second respectively as trade partners of Latin American countries within the Gulf Cooperation Countries (GCC) in 2016,…
Algeria’s annual inflation fell in January to 5.2 percent from 5.6 percent the previous month due to lower prices for some vegetables, official data showed on…
Iraqi Journalists Syndicate and Saudi Journalists Association have signed a joint cooperation agreement in various fields, following a visit paid by Saudi…
The Saudi Energy Efficiency Center launched on Sunday an awareness campaign aimed at clarifying the importance of rationalizing energy consumption and its…
Turkey aims to increase the volume of its e-commerce to $13.2 billion by the end of this year. The country's e-commerce volume reached about $10.2 billion…
Latvia’s ABLV Bank is failing or likely to fail and will be wound up as saving it is not in the public interest, the European Union’s Single Resolution Board…
S&P affirmed B-/B sovereign credit rating on Iraq with a stable outlook, revealing that the stable outlook reflects expectation that fiscal deficit will be…
Armed Forces Exhibition for Diversity of Requirements and Capabilities (AFED) will kick off in Riyadh on Sunday, under patronage of Custodian of the Two Holy…
Saudi Arabia hopes OPEC and its allies will ease production curbs next year and create a permanent framework to maintain stabilized oil markets after the…
The profits of 80 companies listed in the trading of Saudi stocks leaped up to 13.1 percent in 2017, compared to profits they made in 2016. Remaining Saudi…
Saudi Minister of Energy, Industry and Mineral Resources Eng. Khalid al-Falih, who is on a two-day visit to India, has said oil markets are rebalancing and…
For the first time in a while, investors are betting big on "big government" in the US. The federal services market has experienced a jolt of dealmaking…
Thе еurо ѕlірреd оn Frіdау аnd іѕ ѕеt tо роѕt іtѕ ѕесоnd bіggеѕt wееklу lоѕѕ іn nеаrlу fоur mоnthѕ аѕ іnvеѕtоrѕ fосuѕеd оn аddіng hеdgеѕ tо thеіr роrtfоlіоѕ…
Britain’s economy was weaker than previously thought in the final three months of 2017, official data showed on Thursday, leaving the country lagging further…
Saudi Arabia Takes Strict Measures against Corruption, Advances Five Positions in Transparency Index
Saudi Arabia has achieved a progress on the list of best countries on terms of the Corruption Perceptions Index (CPI), which is issued by Transparency…