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…
China confirms that its digital economy accounts for nearly a third of gross domestic product, according to a report unveiled in the eastern city of Wuzhen…
UAE President Sheikh Khalifa bin Zayed Al Nahyan issued on Monday a resolution forming a Joint Cooperation Committee between the United Arab Emirates and Saudi…
Saudi Minister of Energy, Industry and Mineral Resources Engineer Khalid bin Abdulaziz Al-Falih received in Riyadh on Monday United States Secretary of Energy…
Houston-based McDermott International announced the construction of new highly-developed facilities in Saudi Arabia to support its operations in the Middle…
Greece said Saturday it had reached a preliminary agreement with international creditors that it was meeting its commitments to unblock the latest tranche of a…
Asian refiners are losing no time reacting to a decision by OPEC and Russia to extend their agreed production cuts to all of 2018, ordering more oil from the…
Middle East Catalyst Technology Conference (ME- CAT 2017) will take place in Bahraini capital, Manama on December 6-7 with the participation of several local,…
The European Bank for Reconstruction and Development (EBRD) announced new plans to invest in Turkey, describing it as one of the countries that has been most…
The Saudi Commission for Tourism and National Heritage (SCTH) announced that nine projects will be awarded across the Kingdom at costs amounting to more than…
Saudi Arabia's Ministry of Energy and Industry is expected to sign on Monday a carbon emissions control agreement with the US Department of Energy in the…
The money came from all over China — its wealthy southern and eastern coasts as well as the arid northwest — as thousands of people scrambled to circumvent the…
Saudi stock market index closed above 7,000 points, few weeks after it was below these levels amid variant trading levels of cash circulation from one week to…
The European Union on Thursday adopted its 2018 budget, amounting to €160.1 billion ($189.7 billion) in commitments - an increase of 0.2 percent compared to…
OPEC members agreed on Thursday with non-OPEC allies, led by Russia, to reduce oil production until the end of 2018, while no agreement was reached on a…
OPEC and Russia seem to be moving toward extending the oil production cut agreement until the end of 2018, but have hinted reconsidering the agreement when…
The US economy grew faster than initially thought in the third quarter, notching its quickest pace in three years, buoyed by robust business spending on…
Organization for Economic Cooperation and Development (OECD) said Tuesday that the global economy is now growing at its fastest pace since 2010, with the…
Saudi Arabia’s Energy Minister Khalid al-Falih said that the Gulf region can claim only two percent of the world’s $4 trillion a year in chemicals revenue,…
The progressive policies of Custodian of the Two Holy Mosques King Salman bin Abdulaziz have paved the way for Saudi Arabia to become among the world’s top…
Despite talks about extending the oil cut deal up to six months, many sources affirmed that Thursday’s OPEC meeting will not carry any surprises since members…
This three-story house with a red-tile roof is in the Zoute neighborhood of Knokke-Heist, a West Flanders municipality near the border of Holland. Like most of…
Saudi-based Acwa Power has announced the launch of the $1-billion Kirikkale Combined Cycle Power Plant in Turkey which has a 1,000 MW capacity, enough to meet…
Several states including UAE expressed optimism towards reaching an agreement regarding extending oil cut during Thursday’s oil markets' meeting, according to…
Iraq called on Monday foreign firms to bid for contracts to explore reserves of gas and oil in nine new areas, as the OPEC member seeks to boost its outcome…