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…
International Chamber of Commerce - Saudi Arabia (ICC-SA) expected the kingdom’s foreign trade to rise in 2019, amid economic forecasts of a hike in energy…
Saudi Aramco signed a memorandum of understanding (MoU) to set up a textile factory in Hail, in a strategic partnership with Nesma Holding Company, al-Aliaa…
Bahrain raised gasoline prices on Monday, reported the National Oil and Gas Authority, in which Octane 91 prices were increased BHD0.15, 12 percent, while…
Chairman of ACWA Power Mohammad Abunayyan announced that firm’s administration approved dispensing living allowances for Saudi staff starting January 2018 for…
Turkish Economy Minister Nihat Zeybekci expected that the total economic growth of 2017 would be announced as seven percent and that Turkey would come among…
Ahmed Galal Ismail, CEO at Majid Al Futtaim Ventures, stated that MAF is willing to play a role in the Saudi cinema market, following the kingdom’s permission…
The year 2017 witnessed record levels in oil and natural gas production and gas exports to Europe, which is the most important market for Russian gas. …
Algerian state energy company Sonatrach will study possible investments in oil exploration and natural gas projects in Iraq, according to a statement issued by…
The United States and South Korea on Friday completed the first round of review talks on a bilateral trade deal with Washington, saying there was "much work to…
Global debt hit an all-time high of $233 trillion in the third quarter of 2017, according to Washington-based Institute of International Finance (IIF), which…
Saudi Arabia has been working hard on diversifying its economy and adding value to its domestic product meanwhile the executive regulation of the state revenue…
The Sudanese government has been negotiating with foreign investors to carry out investments with Sudanese private sector to implement the country's economic…
The Saudi Arabian Oil Company – known as Saudi Aramco - has been for 30 years a company that does not fall under the corporate system imposed by the Ministry…
Libya’s central bank announced on Thursday that the country earned $14 billion in oil revenues in 2017, nearly three times more than in the previous year. …
The Saudi Arabian Monetary Authority (SAMA) addressed local banks not to discount or cut any amounts from the beneficiaries’ dues of the Citizen’s Account in…
Saudi Energy and Industry Minister Khaled Al-Falih said that the price of gasoline in the kingdom was still one of the cheapest in the world despite the recent…
They fuelled their nation's dramatic economic rise, toiling in jobs far from home, but China's migrant workers are now finding themselves increasingly…
The Tunisian Export Promotion Centre (government center) has developed an economic program called “Turbo Africa” to boost the country's investments in Africa. …
The Ministry of Energy and Industry has pointed out that the Minister of Energy, Khalid al-Falih, talked about not changing the energy prices for the…
The National Methanol Company (IBN SINA), a manufacturing affiliate of the Saudi Basic Industries Corporation (SABIC), has started up its polyacetal facility…
The price of crude oil has hit its highest level in two and a half years following the unrest in Iran. Brent crude futures, the international benchmark, were…
Qatar said Wednesday that Qatargas and RasGas had merged in a move aimed at cutting costs and creating a global energy giant in a plan first announced in…
The official account of the Citizen’s Account program on Twitter was hacked Tuesday morning, but technicians were able to recover it. Official spokesman for…
London will host the Saudi-UK SME Partnership Forum in its third edition to support Saudi-British companies involved in technical and technological fields. …