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…
Lebanese Tourism Minister Avedis Guidanian said that the resignation of Prime Minister Saad Hariri did not impact foreign tourism to Lebanon, but affected…
Emirates Group has said revenues for the first six months of 2017-18 financial year rose 6 per cent to 49.4 billion dirhams ($13.5 billion) from 46.5 billion…
The Algerian government expects its economy to grow by 4 percent in 2018, up from the 2.2 percent forecast for this year, as oil prices recover, the…
King Abdullah Economic City announced on Wednesday the signing of a series of agreements and partnerships worth SAR1.790 billion (USD447 million), on the…
UAE defined VAT as the 5 percent tax imposed on the import and supply of goods and services at each stage of production and distribution. Sheikh Hamdan bin…
Saudi Standards, Metrology and Quality Organization (SASO) announced on Wednesday its efforts to establish 188 quality standards for emerging Saudi projects. …
In a three-year study conducted by the British automotive publication «What Car» on the reliability of different car types, including about 14,000 vehicles,…
Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Premier and Chairman of the Council for Economic Affairs and Development, presided a regular meeting of…
JPMorgan said it is in early talks with Saudi Arabian companies about international listings, meaning firms could join Saudi Aramco. This comes as the Saudi…
Crown Prince Mohammed bin Salman bin Abdulaziz , Deputy Premier and Chairman of the Council for Economic Affairs and Development, presided over a regular…
Abu Dhabi National Oil Company (ADNOC) announced on Monday the closing of the bond issuance of ADCOP with $3 billion value. The issuance is considered one…
New financial data in Egypt has shown that output, new orders and employment all declined at a slower rate in October, indicating that the Egyptian non-oil…
The Bahrain Economic Development Board (EDB) and FinTech Consortium (FTC) announced the launch of “Bahrain FinTech Bay” (BFB), the largest dedicated FinTech…
A group of experts and academic economists from Saudi universities and national institutions agreed on the importance of diversifying sources of income and…
The Qatar Stock Exchange (QE) index has seen a year-to-date drop by 21.8 percent. The market value of listed shares in Doha fell by about $33 billion, from $…
Flynas, the Saudi national carrier, has been awarded the “Best Low Cost Airline in the Middle East” award at the 2017 World Travel Awards. Flynas has won…
Saudi Arabia’s Oil Minister Khalid al-Falih said on Saturday that more work was needed to reduce global oil inventories. “There is a general satisfaction…
Saudi Minister of Finance Mohammed al-Jadaan hailed on Sunday Custodian of the Two Holy Mosques King Salman bin Abdulaziz’s royal decrees to form a higher anti…
China’s Vice Minister of Commerce Qian Keming unveiled a new Beijing initiative that demonstrates the ruling party’s commitment to open up to the world in a…
The negative economic repercussions of Lebanese Prime Minister Saad Hariri’s resignation have not yet appeared because he made his surprise move over the…
US President Donald Trump publicly appealed on Saturday for Riyadh to choose New York to list shares of national oil giant Saudi Aramco, saying it was in the…
The Saudi cabinet approved proposed amendments to the anti-money laundering law, at a time when the kingdom is one of the world's most stringent countries in…
Consumer prices in Turkey rose 11.90 percent in October year-on-year, the highest figure in the country in nine years. The Turkish Statistical Institute …
Saudi Arabian oil minister Khalid al-Falih said on Saturday that more work was needed to bring global oil inventories down. “There is a general…