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…
The global economic recovery that has started mid-2016 is gaining mounting power with the accelerating growth in Europe, Japan, China and the US, a by the…
Lebanese Energy Minister Cesar Abi Khalil announced on Thursday that a tender on the first round of offshore energy blocks has been ended. “The first…
The US Treasury Department lifted the ban on more than 223 companies, institutions, banks and Sudanese public and private organizations in line with the…
German and French banks have together amassed almost 230 billion euros ($272 billion) of bad loans, according to regulators’ data, underscoring the scale of a…
Several international economic reports have described Qatar’s current economic status as “threatened to collapse.” These reports stressed that Qatar’s…
Mercedes-Benz, the global automobile manufacturer, and its Chinese joint ventures will recall 351,218 vehicles because of potential issues with airbags that…
Italian Chief Executive Officer of CESI Matteo Codazzi said that Saudi Arabia enjoys all the conditions needed to become a leading energy production giant…
The European Commission approved this week the disbursement of a €200 million loan to Tunisia as part of a total of €500 million to be disbursed in three…
In a speech at the Saudi Investment Forum hosted by J.P. Morgan in New York on Tuesday, Minister of Finance Mohammed al-Jadaan lauded the Kingdom’s economic…
Morocco and Russia boosted bilateral cooperation on Wednesday with the signing of 11 agreements in energy, agriculture, culture, education, investment and…
The Organization of the Petroleum Exporting Countries predicted higher demand for its oil in 2018 on Wednesday and said its production-cutting deal with rival…
“A new 350,000-barrels-per-day oil pipeline between Saudi Arabia and Bahrain will be completed in 2018 to serve the planned expansion of Bahrain’s refinery…
Jeddah- Saudi Arabia’s General Authority for Entertainment vowed to provide some 200,000 job opportunities and to contribute 133 billion dollars to the annual…
Saudi Basic Industries Corporation (SABIC), one of the world's largest petrochemical companies, has announced restructuring its board of directors and the end…
Saudi Telecom Company (STC) has depended on a new strategy that focuses on growth via new areas and not the traditional telecommunications areas, said STC CEO…
The Public Investment Fund (PIF) has announced the establishment of the Fund of Funds, a new investment vehicle designed to provide small and medium-sized…
The Saudi-Japanese Business Council discussed on Monday in Riyadh means to overcome obstacles, bolster investments and support the small and medium-sized…
An International Monetary Fund (IMF) mission has kicked off a new phase of talks with Tunisian authorities on the advancement of economic reforms, as part of…
Middle East oil giant Saudi Aramco announced its most dramatic expansion so far with the opening of Aramco Asia India’s new office in New Delhi. India is the…
Lockheed Martin Saudi Arabia’s Chief Executive Alan Chinoda said that the arms deal brokered during the US President’s visit last May encompasses the settings…
Saudi Arabia’s Public Investment Fund (PIF) and Saudi Aramco are planning to set up a “super contractor” in partnership with local and international…
The European Union has decided to set duties on hot-rolled steel from four countries, including Iran and Russia, as Germany invited ministers and senior…
Ankara- The Turkish government expects its primary surplus at 5.8 billion lira ($1.62 billion) in 2018, as part of its latest medium-term plan. The…
Saudi Arabia hopes to reach an agreement with Russia on what to do when a global oil output deal expires in March, before an OPEC meeting in November, Saudi…