The National Infrastructure Fund (Infra) and HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, signed on Monday two…
Lucid Group, an American electric vehicle (EV) manufacturer, said on Monday a $1.75 billion increase in a loan facility from Saudi Arabia's Public Investment…
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…
Moody’s has affirmed that the drop in the Saudi budget deficit in the first six months of 2017 to less than the half compared to the same period in 2016 is a…
A US approach excluding non-Americans from legal protection of digital information stored on US soil in large data centers built by multinational technology…
Saudi Arabia’s finance ministry revealed on Sunday the second quarter report of the state budget showing great progress in terms of managing the deficit. …
Quinoa was discovered more than 3,000 years ago in the Andean Mountains in the South American continent. Bolivia, Ecuador and Peru are among the biggest…
Saudi Arabia and Iraq on Thursday reaffirmed their commitment to reduce their oil production under OPEC’s agreement to curb the global supply gap. Iraq has…
Saudi Aramco signed a contract with a consortium including Saudi Archirodon Company Ltd and Huta Hegerfeld AG Saudia Company for dredging, reclamation and…
A stock market hitting record highs. Foreign corporations announcing big new plants in the United States. And robust hiring that has brought the unemployment…
Moody's Investors Service has changed on Tuesday the outlook on Qatar's banking system from stable to negative due to weak operating conditions and continued…
Saudi ACWA Power inked on Tuesday contracts worth 190 million dollars to generate solar power in Egypt, announced the company. ACWA Power has secured three…
Abu Dhabi – State-owned Abu Dhabi National Oil Company (ADNOC) announced on Monday it is in advanced discussions with more than a dozen potential partners who…
Riyadh- The control teams at the Ministry of Commerce and Investment (MOCI) conducted inspection tours in cooperation with the Ministry of Energy, Industry and…
China's largest ride-hailing firm DiDi Chuxing has invested in Careem, the Dubai-based Middle East online taxi service. This new partnership deal marks Didi…
Abu Dhabi- The Abu Dhabi National Oil Company (ADNOC) has announced that it is currently considering a range of financing options, including bank loans, to…
The World Bank said that Saudi reforms, which fall under the framework of Vision 2030, have increased the level of trust in the Kingdom’s economy, noting…
Car firms working in the UK have felt increasing pressures and forecasts say vehicle production will drop this year compared to the last year, driven by the…
Observers have affirmed that the Red Sea Project that was launched on Monday by Vice Custodian of the Two Holy Mosques Prince Mohammed bin Salman will…
Saudi Arabia has boosted its tourist status by launching a major project entitled, the Red Sea project, a few days after it announced the revival of the…
The shares of Twitter, which has been struggling to keep pace in the fast-moving world of social media, were hammered Thursday after the company reported no…
The spokesman for the global coalition to defeat ISIS announced that May witnessed a drop of 92 percent in Twitter links that take users to pro-ISIS websites. …
Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 cars had over half a million advance reservations as he handed over the first 30 to employee…
The Qatar central bank’s net international reserves plunged by $10.4 billion in June to $24.4 billion because of economic sanctions imposed by other Arab…
Dubai is set to showcase opportunities for growth, innovation and future investments in its key sectors, supporting the UAE’s 2021 National Plan, through a…