Saudi Arabia's real estate market continues to attract investment despite geopolitical challenges weighing on economic activity worldwide, supported by new…
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…
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…
il prices rose today, driven by OPEC-led supply cuts that narrowed the gap between supply and demand in the market and supported by strong demand. By 0739…
Fitch Ratings on Thursday affirmed Saudi Arabia’s long-term foreign-currency Issuer Default Rating (IDR) at 'A+' with a stable outlook. Fitch said that…
The UAE’s Emaar Development set on Thursday the price range for its IPO, which goes live on Nov. 22. The range extended between AED 5.70 and AED 6.90 dirhams…
Sudan announced on Wednesday its plans to set up two brand new power plants in the national free zone and Port Sudan just off the Red Sea coast. Undertook…
Russian Energy Minister Alexander Novak asserted that the Russian firms will take part in NEOM, noting that the recent visit of Custodian of the Two Holy…
The Saudi capital receives on Thursday a delegation of 60 firms including Lukoil and Gazprom to discuss economic cooperation ties and development mechanisms,…
A recent survey showed that 57 percent of Jordanians currently see their economic situation worse than a year ago, while 11 percent said their situation today…
Malaysian Prime Minister Dato Seri Mohammad Najib Tun Abdul Razzaq has received a letter sent by Custodian of the Two Holy Mosques King Salman bin Abdulaziz to…
Gulf Cooperation Council (GCC) and Ukraine signed a memorandum of understanding (MoU) in the fields of politics, economy, security, culture, as well as…
Electric-car maker Tesla Inc. has confirmed it has launched talks with Shanghai's local government to establish a manufacturing plant in the city. The…
The International Monetary Fund has endorsed an ambitious Saudi plan to build a $500-billion business and industrial zone extending into Jordan and Egypt,…
As an indication for the positive economic reforms carried out by Saudi Arabia, the Kingdom has achieved an unprecedented progress in the indicators of ease of…
This four-bedroom, one-bath apartment is on the second floor of a classical-style, 19th-century building in the center of Helsinki, Finland’s largest city and…
State-owned Saudi Arabian Airlines launched its first flight to Baghdad in 27 years on Monday amid a thaw in ties between the Arab neighbors. Flight “Airbus…
FTSE Russell announced that Saudi Arabia has taken a number positive steps to increase the openness and effectiveness of its markets. As a result of these…
A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, taking the country a giant leap toward the…
The total production of petrochemicals in the Arab countries exceeded 150 million tons in 2016, said a recent study by the General Secretariat of the…
Saudi Arabia plans to further expand the fiscal year 2018 budget as the government is seeking to support the economy and promote growth, as well as consider…
Singapore Trade Minister Lim Hng Kiang said the initiatives recently announced in Saudi Arabia during the “Future Investment Initiative" Conference have…
The US oil company Chevron (CVX.N) will not sell three subsidiaries and leave Bangladesh as planned, Chevron said on Sunday.Chevron had said in April it would…
Tunisia is willing to resort to global financial markets next year to get a minimum of TND7.4 billion (around USD3 billion) of foreign funds to fill the budget…
Under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and on behalf of the King, Prince Faisal bin Bandar bin Abdulaziz,…
Oil prices fell to about $26 per barrel in January, following the Organization of the Petroleum Exporting Countries' (OPEC) decision to maintain the market's…