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…
Riyadh- Saudi Deputy Minister of Budget and Organizational Affairs in the Ministry of Finance Yaser al-Quhidan said that the state budget for 2018, which will…
The second-annual Global Energy Forum of Washington's Atlantic Council think tank will convene in Abu Dhabi on January 12 and 13. The gathering of…
State oil giant Saudi Aramco has awarded Schlumberger Company two contracts for drilling rigs and services for oil and gas wells. Under the contracts,…
The Saudi Housing Ministry and the Real Estate Development Fund announced on Saturday achieving 2017 targets on providing over 280,000 housing and financing…
The Tunisian government and its partners of investors in the Gulf are looking for solutions to resume some of the major investment projects that have been put…
Egypt’s petroleum ministry announced on Saturday that the offshore Zohr gas field was now live. The gas field, located in the Mediterranean, will produce an…
Liquidity traded in the Saudi stock market continued to improve on a weekly basis as it increased during the last week by 7.5 percent compared to the cash flow…
One crisp October morning, Han Youjun got into his silver delivery van and left this small town in eastern China. Within minutes, his van brimming with boxes…
Saudi Aramco signed on Thursday a memorandum of understanding with Nesma Holding and Albir Society to empower low-income fishermen in Baish, Jazan with…
The Kuwait Petroleum Corporation (KPC) reception was packed with dozens of well-wishers on Thursday who came to congratulate Kuwait's new Minister of Oil and…
Egypt's agriculture ministry has officially brought its policy on common grain fungus ergot into line with other government agencies, in a move traders hope…
Saudi Commerce and Investment Minister Majed al-Qasabi said that the plan to stimulate the private sector aims at consolidating the competitive capabilities of…
A total number of 1,040 Saudi firms continue to operate in Turkey, with a trade exchange of USD8 billion between the two countries, according to Senior Turkish…
Iranian Revolutionary Guard's economic wing leader Ebadullah Abdullahi announced that the Iranian government's debt to the Revolutionary Guards is about 10…
ADNOC Distribution, the retail unit of Abu Dhabi National Oil Company was officially listed on Abu Dhabi Securities Exchange (ADX) on Wednesday, and the…
Saudi Energy Minister Khalid Al Falih made a massive announcement on Wednesday saying that an export bank will be launched with a capital of $8 billion to…
More than 30 energy experts gathered in the King Abdullah Petroleum Studies and Research Center (KAPSARC) to discuss how oil producers can thrive through a low…
UAE Central Bank is working on issuing a digital currency that would be accepted in cross-border transactions between UAE and Saudi Arabia, UAE central bank…
Saudi Aramco plans to raise its spending to $414 billion over the next 10 years, including on infrastructure and drilling, as the state oil giant moves into…
Saudi Arabia’s Commerce and Investment Ministry (MCI) announced on Tuesday going for an integrated control plan to closely regulate markets and commercial…
In a move to reduce the economic impact of price changes in energy products in the country, the Saudi cabinet on Tuesday adopted policies for a Citizen Account…
This Mediterranean-style house is in Spring Farm, a gated hillside community in Montego Bay, on the northwestern coast of Jamaica. It is near many tourist…
Financial Stability Board (FSB) issued a list of 30 major banks that pose a threat to the international financial system. FSB, established in 2009, edits…
Undersecretary of the Ministry of Communications and Information Technology for Saudi Planning and Development Dr. Mohammed al-Mishaigeh revealed that his…