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 Turkish government expected the budget deficit in 2018 to reach $17.3 billion. Turkey’s parliament has approved on Saturday the government’s 2018 budget,…
Royal Commission for Jubail and Yanbu (RCJY) signed on Sunday 40 investment, industrial and constructional deals, worth more than USD5 billion. Mosleh al…
Germany’s Federal Financial Supervisory Authority (BaFin) has warned against investing in the encrypted currency Bitcoin, amid the huge fluctuation the virtual…
Turki Abdulaziz al-Hokail, CEO of the National Center For Privatization & PPP (NCP), stated that privatization processes would contribute in developing the…
Saudi Minister of Commerce and Investment, Majid al-Qassabi, Chairman of the Saudi Standards, Metrology and Quality Organization, affirmed the importance of…
OPEC and Russia will exit from oil production cuts very smoothly, possibly extending the curbs in some form to avoid creating any new surplus in the market,…
A report published this month estimated that the number of poor people in 10 Arab countries was 38.2 million, which represents 13.4 percent of the Arab…
It’s not enough to look for the cheapest airfare anymore. Not when airlines are increasingly dividing and subdividing their cabins and charging separately…
Food and Agriculture Organization (FAO) called for increasing the cooperation and solidarity among the countries of the Near East and North Africa region to…
The European Investment Bank (EIB) and Arab Bank have signed a financing agreement of EUR 300 million to support small- and medium-sized enterprises (SMEs) and…
Ministry of Labor and Social Development has deposited its first installment into the Citizens' Account on Thursday. Saudi Arabia deposited SAR2 billion (…
Iraq's oil ministry said on Thursday it had started to take over operations of Majnoon oilfield from Royal Dutch Shell and planned to lift output in future. …
Hazem Abdul-Qadir, Sudan's Central Bank Governor, assured that the banking climate in Sudan witnessed a revival following the US decision in October to lift…
A few hours after the US Congress passed a tax bill backed by President Donald Trump, economic results showed US economy grew at its fastest pace in more than…
Saudi economic authorities and businessmen unanimously agreed that the 2018 budget confirms the government's commitment to maintaining high-level spending,…
Three Saudi officials have explained the impact of expansive spending on the private sector in the state budget of 2018. This comes after the kingdom's…
The International Monetary Fund on Wednesday approved the third installment of a $12 billion, three-year loan for Egypt, bringing the total released to date to…
The International Monetary Fund has strongly defended its gloomy forecasts for the UK after Brexit, saying pre-referendum warnings of slower growth were coming…
Starting the beginning of next year, Saudi Arabia will be demanding that producers and importers specify the water consumption rationalization average in their…
This six-bedroom, late 19th-century house, just west of the center of Bordeaux, was renovated by its current owner, preserving original elements like the…
Saudi Arabia's ACWA Power Group has announced the operation of Khalladi wind power plant, located at the top of Jbel Sendouq, 30 km from Tangiers. The…
Saudi Arabia is set to announce its 2018 state budget on Tuesday, amid economic indicators affirming the relapse of deficit in 2017, compared to deficit levels…
Sergey Levin, Russia’s deputy minister of agriculture, revealed an approach to develop cooperation and reinforce chances of agricultural and food integration…
It is almost a sure thing now that global economy will record a 3.7 percent increase in the year 2017 due to several factors such as: accommodative global…