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 Minister of Finance Mohammed al-Jadaan held talks with US Treasury Secretary Steven Mnuchin on the arrangements for combating money laundering and…
Saudi Aramco Chief Executive Amin H. Nasser has reaffirmed the company’s commitment to cutting back greenhouse gas emissions. The Aramco top executive was…
House flipping, which declined after the financial crisis in 2008, is on the rise again, thanks to low interest rates and rising home prices. And with the…
Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support from Saudi Crown Prince Sheikh Mohammed…
Saudi Aramco Overseas Company (AOC), a subsidiary of Saudi Aramco, has entered into an arrangement to buy a stake in a Rotterdam terminal from commodities…
Saudi Telecom Group reported a net profit growth of 18.2 percent in the third quarter of 2017 compared to last year. Net profit growth for nine months was 7.5…
Saudi Arabia plans to make its capital market more accessible to foreign investors by giving them full access to NOMU, a parallel market recently launched for…
Saudi Arabia announced launching the first construction phase of the Green Duba generating power station, one of the kingdom’s mega bids for solar power. The…
French train maker Alstom has signed a 45 million euro contract with the Rabat-Salé transport company STRS for the supply of 22 Citadis trams that will run in…
Carlyle Group Chairman David Rubenstein said on Thursday that the kingdom of Saudi Arabia has become more attractive for foreign investment after the…
The Russian Direct Investment Fund (RDIF) announced its intention - along with major Russian companies - to participate in the construction of the future city…
Saudi Arabia has expressed complete confidence in the non-oil sector to increase contribution in the GDP during the coming months, at a time when Saudi Arabian…
Saudi Aramco’s initial public offering is on track for next year, and the national oil giant could be valued at more than $2 trillion, Saudi Arabia’s Crown…
Saudi Finance Minister Mohammed al-Jadaan has said that the Kingdom has one of the top five banking systems in the world. Jadaan spoke at a session of the …
Saudi Arabia presented itself on Wednesday as the first country to ever grant citizenship to a Robot as a symbolic display for a progressive future at Neom. …
Saudi Minister of Energy and Industry Khalid al-Falih supported the public offering of Saudi Aramco and confirmed the company has several elements that…
Southeast Asian demand for oil will keep growing until at least 2040 as emerging nations there rely on the fossil fuel to transport their rapidly growing…
Saudi Arabia's Public Investment Fund (PIF) aims to increase its assets under management to 1.5 trillion riyals ($400 billion) by 2020, revealed its general…
International Monetary Fund (IMF) chief Christine Lagarde said on Tuesday that the global economy is growing and forecasts point to a growth of 3.7 percent. …
Amin Nasser, President and Chief Executive Officer of Aramco, has called on the world not to disregard investment in the oil and gas industry because it will…
Standard and Poor’s Global Ratings has opened a branch in Riyadh after receiving its final license from Saudi Arabia’s Capital Market Authority (CMA), it said…
The Public Investment Fund of Saudi Arabia announced on Tuesday the appointment of Dr. Klaus Kleinfeld, the former Chairman and CEO of Alcoa and Arconic Inc…
The United Arab Emirates (UAE) signed 12 memorandums of understanding (MoU) on Monday with a number of future partners to develop an innovation and…
In tandem with Saudi Aramco’s chief executive Amin Nasser’s announcement that the company’s IPO will take place during the second half of 2018, a UK report…