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…
A consortium led by Saudi-based ACWA Power has been awarded the Salalah Independent Water Project by the Oman Power and Water Procurement Company. The plant…
The Saudi Ministry of Labor and Social Development is expected to unveil on Tuesday the policies concerning the “Citizen Account Program,” which was adopted…
Communications and Information Technology Commission (CITC) and Zain KSA signed an agreement to implement three high-speed wireless broadband projects for…
Ruler of Dubai, Vice President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum approved the Government of Dubai’s 2018 General Budget Law…
Saudi Arabia continues to lead the way for IPO activity in the region, with an increasing trend of real estate investment trusts (REITs) being listed on the…
World Trade Organization (WTO) will convene on Sunday in Argentina amid US criticism and disagreement over China and the committee's inability to kickstart…
Achieving the goals of the construction phase of the development project of Waad al-Shamaal Industrial City would not have been possible without cooperation…
China’s trade surplus with the United States expanded in November to $27.87 billion from $26.62 billion in October, according to data from China’s customs…
Venezuela’s inflation rate reached quadruple digits for the first time, according to figures released by the opposition-led Congress and reported by Reuters. …
Russian President Vladimir Putin said Friday that Russia was ready to sell Saudi Arabia liquefied natural gas, the Interfax news agency reported. “Buy our…
UAE's investment bank Arqaam Capital said Morocco's GDP growth rate would decline in the coming period, but the financial situation would gradually improve…
The balanced performance of Saudi stock exchange is expected to propel monetary liquidity for the aim of investment in listed firms during the coming period…
The Iraqi Oil Ministry denied on Thursday that Russian Energy Minister Alexander Novak discussed operations by Russian oil companies in Iraq’s Kurdistan region…
Egypt and Sudan have concluded trade talks described as successful following months of chill in the economic relations of the two neighboring countries. …
World food prices slightly declined in November from the month before, as a sharp rise in sugar and vegetable oil values was largely offset by a fall in dairy,…
Fears that China risks being the cause of a fresh global financial crisis have been highlighted by the International Monetary Fund in a warning about the…
Bitcoin, the volatile digital currency, flirted with $17,000 on Thursday. Still under $14,000 in Asian trading hours, it smashed through $15,000 in European…
Egypt will maintain tariffs on steel rebar from China, Turkey, and Ukraine for a period of five years, the Ministry of Trade and Industry said in a statement…
Moody's, the global credit rating agency, said that the outlook for Gulf banking is "stable," particularly in Saudi Arabia and the UAE. Major projects in…
Petrochemicals company Saudi Basic Industries Corp (SABIC) is considering several investment opportunities in the United States, Saudi energy minister Khalid…
Saudi Aramco signed a contract with Arab subsidiary of US General Dynamics IS&T to increase security at its offshore facilities. Aramco’s vice president…
Saudi and Iraqi companies signed on Tuesday 18 memorandums of understanding in the fields of energy in the Iraqi city of Basra, in the presence of Eng. Khalid…
Petrochemical giant Saudi Basic Industries Corp (SABIC) has announced the reopening of its office in Iraq during its participation in the seventh session of…
The Turkish government described the country’s high inflation rate in November as “temporary,” expecting it to decline starting December. Turkey's inflation…