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…
Saudi Arabia has temporarily banned imports of live birds, hatching eggs and chicks from India after a form of bird flu that is highly lethal for poultry was…
The Bahrain Economic Development Board (EDB) estimated the investment flow of emerging firms in the financial technology field as USD66.6 million. EBD…
Three Turkish firms lined up to buy into the Russia-led construction of Turkey’s first nuclear power plant have backed away from the deal. Russia’s Rosatom,…
Director General Amman’s Chamber of Industry Nael al-Husami said that despite the decision by the Iraqi authorities to exempt Jordanian products from customs…
The Saudi stock market fell in early trade on Tuesday but it outperformed most markets in Asia, Europe, US and the Middle East. The Saudi stock index closed…
In preparation of the anticipated rise in trade at Saudi ports during the upcoming period, the Ports Authority (MAWANI) announced the completion of 12 projects…
Preliminary estimates indicate that the total value of mineral resources in the Kingdom of Saudi Arabia exceeds $1.3 trillion, in addition to what can be…
Microsoft seeks to enter the Saudi market with new investments, in order to achieve an increase in the company’s growth on the global level, via several giant…
UAE Minister of Economy Sultan Al Mansouri said that “There are many facts and economic and commercial indicators that support the cooperative efforts of UAE…
Egypt's non-oil private sector business activity stabilized in January after a slump the previous month, with an overall positive outlook thanks to tough…
Egypt’s oil and gas industry has enjoyed a very successful year in 2017 and the country's natural gas production increased to around 1.6 billion standard…
A survey conducted by the General Authority of Civil Aviation (GACA) in January concluded that 68 percent of passengers are satisfied with the quality of…
Dubai airport was the world's busiest for international travel in 2017 for the fourth year running, with 88.2 million travelers, a statement said on Monday. …
Saudi investors said the new Egyptian investment law helped resolve and end nearly 90 percent of the disputes they have been facing in Egypt, expecting more…
A report by the Egyptian Customs Authority revealed the release of the Alexandria Customs of the letters of transport vehicles, buses and spare parts, during…
Gulf economies are weak in terms of labor productivity compared with counterparts in other countries, according to the PricewaterhouseCoopers PwC Economic…
The economic reforms program, adopted by Egypt in 2016, helped the country exit the crisis of foreign currency scarcity. However, the greatest challenge…
Bitcoin fell 9 percent on Friday, leaving the best-known cryptocurrency down more than 30 percent this week and headed for its worst weekly performance since…
22 Saudi companies listed on the local market announced their results for 2017 showing a growth rate of 13.8 percent in terms of rates profits earned, despite…
Tesla outlined a potentially massive -- and massively unconventional -- compensation plan for its unorthodox CEO on Tuesday, setting a series of ambitious…
KING Abdullah Economic City (KAEC) has signed a contract with Metito Saudi Ltd (Metito) for the design and construction of a seawater desalination plant…
Rename the town. Construct a largely untested high-speed hyper-loop train system. Maybe even build a whole new city. Those proposals made headlines after…
Abdul Rahman al-Humaidi, chairperson and director general of the Arab Monetary Fund, tackled several initiatives that are adopted by the Fund to achieve…
The economic Quartet on Yemen (Saudi Arabia, UAE, United States and the United Kingdom) pledged to continue supporting the Central Bank of Yemen and stabilize…