Israels Tech Sector Troubles Persist In 2023, State Agency Says
JERUSALEM: A slowdown in Israel’s technology sector has worsened in 2023, exacerbated by political turmoil, and the co... Read more
US Oil And Gas Production Decelerating At A Time Of Booming Demand, Shows Survey
RIYADH: Driven by a fall in crude and commodities pricing, oil and gas production in the US is decelerating at a time wh... Read more
Oil Updates — Crude Slips On Supply Worries; Guyana Dampens OPEC Accession Rumours
RIYADH: Oil prices slipped on Tuesday ahead of data from the American Petroleum Institute which will shed light on US ap... Read more
Turkiye Stays Top Destination For Russian June Diesel Loadings
MOSCOW: Turkiye will again be the top destination for Russian diesel exports in June, while total shipments are set to r... Read more
PIFs Lifera Forms JV With Global Omics Diagnostics Firm CENTOGENE
RIYADH: Patients in the Gulf Cooperation Council region could get faster and more accurate diagnoses after the Public In... Read more
King Fahd International Airport Records 250k Passengers In 7 Days
RIYADH: King Fahd International Airport witnessed an 11 percent rise in passenger numbers throughout the seven days of t... Read more
Saudi Venture Studio VMS Acquires Stakes In Egypts Cash Cows
RIYADH: The startup ecosystem in the Middle East and North Africa region is poised to get a boost as Saudi Arabia-based ... Read more
Saudi Cement Firms In Central Region May Slash Prices Amid Robust Competition
RIYADH: A price war between cement producers is likely to break out in Saudi Arabia’s central region on the back of th... Read more
UAE In-Focus: IMF Expects Emirates GDP To Grow By 3.6% In 2023
RIYADH: The UAE is poised for positive economic growth as it is projected to achieve a 3.6 percent increase in its gross... Read more
Saudi Agricultural Development Fund Approves $400m To Improve Farm Productivity
RIYADH: Farmers in Saudi Arabia attained SR1.5 billion ($400 million) worth of funding after the Kingdom’s Agricultura... Read more
Oil Updates — Crude Prices Slip; China Imports From Russia Hits 2.29m Bpd In May
Oil prices slipped on Tuesday after China cut its benchmark lending rates, sowing further concern over the demand outloo... Read more
Saudi Project Management Firm Jasara Ties Up With SAP To Accelerate Digital transformation
RIYADH: Saudi Arabia’s digital transformation journey is set to get a fillip as Jasara, a project management firm in... Read more
UAE In-Focus — Islamic Banks Assets Rise To $177bn In Q1
RIYADH: Reflecting the growing popularity of Islamic financing, gross assets of the Shariah-compliant banks operating in... Read more
Saudi Arabia Climbs 7 Places On World Competitiveness Index
RIYADH: The ongoing economic reforms in Saudi Arabia have elevated the Kingdom’s ranking to 17th position in the World... Read more
Qatar Strikes Second Big LNG Supply Deal With China
DOHA: Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a y... Read more