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…
The Saudi Arabian General Investment Authority (SAGIA) granted three investment licenses for Japanese companies during the Saudi Arabia-Japan Business Forum…
Japanese Minister of Economy, Trade and Industry Hiroshige Seko revealed that Tokyo took firm procedures in a quick and effective manner to boost cooperation…
China aims to ease regulations for foreign enterprises investing in free trade zones (FTZs) in order to improve the "negative list" approach and provide legal…
The Moroccan government decided on Friday to start the gradual floating of its currency dirham on next Monday, after months of hesitation and urgent requests…
Egypt's Planning Minister announced on Saturday that the country has revised up its economic growth forecast for fiscal 2017-18 that began in July to 5.3 to 5…
New onshore wind and solar energy projects are set to deliver electricity more cheaply than fossil fuels plants, with other green technologies also rapidly…
Tunisia’s trade deficit reached at the end of 2017 a record level of 15.5 billion Tunisian dinars ($6.2 billion), the National Institute of statistics (INS)…
The Algerian presidency has totally rejected the government’s plans to partly privatize state-owned companies, reports have said. During a meeting held last…
The Dow Jones industrial average hit the 25,000 mark for the first time Thursday, and I confess it made me giddy. The feeling lasted about 15 minutes until my…
Turkey’s Development Minister Lutfi Elvan urged on Thursday Arab countries to make investments with Turkey for the benefit of everyone involved. “We don't…
Oil prices reached jumped to their highest in years despite warnings that the 13 percent increase of crude oil could end soon. Brent crude futures settled 6…
After information that circled regarding Chinese recommendations regarding US bonds and caused a vast turmoil in the markets for several hours, the State…
A Saudi official affirmed that the kingdom is moving forward with reinforcing the military industrial content, providing spare parts to achieve self…
Jordanian Minister of Labor Ali al-Ghazawi stressed on Thursday that the competitiveness of the industrial sector was based on increasing the local added value…
The UK's Department of International Trade has announced the launch of a wide-ranging campaign in the Middle East and the Gulf to encourage investment in the…
The World Bank has revised Turkey’s economic growth projection for 2017 up to 6.7 percent, while keeping that of 2018 at 3.5 percent. According to the bank…
Turkey’s national flag-carrier Turkish Airlines carried more than a million passengers to and from Israel in 2017, the Israel Airports Authority has said. …
Annual urban inflation fell to 21.9 percent in December from 26 percent the previous month for the first time since November 2016 when the currency was floated…
The Council of Representatives in the Kingdom of Bahrain submitted an urgent proposal to the Bahraini government to rethink the fuel price hike only a day…
The Swiss National Bank expects an annual profit of 54 billion Swiss francs ($55.25 billion) for 2017, the central bank said on Tuesday, the biggest profit in…
Europe’s economic recovery is deepening with eurozone unemployment falling to its lowest level since January 2009, according to a report published Tuesday by…
Saudi Labor and Social Development Ministry introduced the first wave of updates to the wage protection system (WPS), showing commitment towards regulating…
British shoppers tightened their spending over Christmas, leading to the first year-on-year fall in spending since 2012, and leading businesses aim to do the…
Investors in the euro zone felt more upbeat in January as they shrugged off the lack of a new government in Germany and the global economy picked up, a survey…