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…
US private equity firm Blackstone Group LP catapulted itself into the major leagues of Wall Street’s financial information industry with the acquisition of a…
A $210 million World Bank project will improve the quality of drinking water supply and wastewater services to 5 million residents in Baghdad who suffer from…
Egypt started Wednesday the early production phase in Zohr natural gas field, which is the largest of its kind in the Mediterranean. This came amid…
Global wealth grew significantly over the past two decades but per capita wealth declined or stagnated in many countries in various income brackets, says a…
A conference held in the Moroccan city of Marrakesh witnessed a series of discussions focused on the job-creating process in regional countries. Creating…
Participants in the “Opportunity for All” Conference in Marrakesh underlined the importance of continuing reforms to promote inclusive growth, empower women…
Saudi Council for Economic and Development Affairs held a meeting, at al-Yamamah Palace on Tuesday and reviewed a number of relevant economic and development…
Kuwait has announced a state budget for the year ending on March 31, 2019 with a deficit of 17 billion dollars and based on an average oil price of $50 per…
Gulf Cooperation Council global sovereign issues reached a historic level of USD50 billion in 2017, contributing to the increase in the total value of the Gulf…
Overcoming the brutal fighting and suffering and diminishing employment opportunities, Yemeni innovator Saeed al-Faqih came up with a revolutionary concept for…
Iraq will comply with the OPEC-led deal on reducing output even though Baghdad is working hard to increase its oil export capacity from the north and south of…
Foreign investors pumped 450 million riyals ($120 million) into the Saudi stock market last week, generating a new indicator that reflects the attractiveness…
Finance Minister Mohammed al-Jadaan has said that Saudi Arabia’s economy is strong and capable of withstanding external volatility. “We have a strong and…
Egypt’s parliament has passed the country’s first bankruptcy law, part of a reform drive to revive the economy, the investment ministry said in a statement on…
General Department for Local Manufacturing Support General Director Engineer Atiyah al-Maleki affirmed that military factories in Saudi Arabia are…
European giant Airbus signed a memorandum of understanding with the Turkish Undersecreteriat for Defense Industries (SSM) to further expand industrial…
Bitcoin God arrived last month. Bitcoin Pizza was delivered in January. Bitcoin Private’s issuance date is... still a secret. They’re just a few of the…
Gold prices rose on Friday after falling from a 17-month high in the previous session as the dollar continued to weaken despite US President Donald Trump's…
Oil prices rose on Friday after hitting fresh three-year highs in the previous session, as weakness in the dollar continued to underpin prices for a weekly…
The International Monetary Fund (IMF) has placed the monetary policies adopted by the central banks of US and Europe as top risks facing the Egyptian economy…
Ghassan bin Abdulrahman al-Shabal, chairman of the board of directors of Saudi Arabian Airlines, has said that the national carrier is broadening its global…
Last week, yet another company -- this time Apple, which pledged to give $2,500 restricted stock awards for most of its employees, in addition to investing …
US President Donald Trump became on Friday the first sitting American president to address the annual World Economic Forum at Davos, saying that his country…
US Eaton company expected that Riyadh Metro, owned and managed by High Commission for the Development of Arriyadh, will be the biggest transport system in the…