Egypts Asset Sales Delay To Strain Currency Further: Moodys
RIYADH: As Egypt’s asset sales have been slower than anticipated, the pressure on currency depreciation will continue ... Read more
Closing Bell: Saudi Benchmark Index Ends The Week In Red, Slips 0.32%
RIYADH: Saudi Arabia’s Tadawul All Share Index concluded the week in the red by slipping down 36.03 points, or 0.32 pe... Read more
Saudi Arabia On Target To Outpace Vision 2030 Goals, According To Annual Report
RIYADH: Saudi Arabia’s Vision 2030 plan to diversify the Kingdom’s economy is ahead of many of its targets as it pic... Read more
Apple Tries To Woo India With Investment, Job Opportunities
NEW DELHI: Apple is trying to woo India with investment commitments, as its chief met Prime Minister Narendra Modi and ... Read more
South Korea Announces $15bn Investment In Advanced Battery Technologies
SEOUL: The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion) ... Read more
Oil Updates — Crude Prices Slip; Pakistan Places First Order For Discounted Russian Crude
RIYADH: Oil prices were down in Asian trade on Thursday as the US dollar strengthened on rate-hike expectations, and the... Read more
Aramco And SABIC Dispatch First Accredited Low-carbon Ammonia Shipment To Japan
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation.... Read more
UAE In-Focus – Dubai Real Estate Transaction Value Surges 80% To $42.7bn In Q1
RIYADH: Dubai’s real estate sector recorded an 80 percent increase in transaction value to 157 billion dirhams ($42.7... Read more
Stc Groups TAWAL Expands Its Footprint To Europe With United Group Tower Purchases
RIYADH: TAWAL, the information and communication technology subsidiary of stc Group, has expanded its footprint to Europ... Read more
Bahrains National Origin Exports Value Sees 20% Year-on-year Drop In Q1 2023
RIYADH: Bahrain’s national origin exports value dropped 20 percent during the first quarter of 2023 compared to the sa... Read more
Saudi Cocoa Imports Set To Exceed 2022 Figure Thanks To Bumper First Quarter
RIYADH: Cocoa imports into Saudi Arabia exceeded 37 million kilograms in the first quarter of 2023, putting the Kingdom ... Read more
Riyadh Records Largest Number Of Commercial Registers Issued In Q1 2023
RIYADH: Riyadh bagged 18,800 commercial registers in the first quarter of 2023, making it the city with the highest numb... Read more
Japan PM Mulls Action Plan To Boost Investment In East Asian Country
TOKYO: Japanese Prime Minister Fumio Kishida said Thursday that his government will roll out an action plan as early ... Read more
Pakistan To Place 1st Order To Import Discounted Russian Oil This Month
ISLAMABAD: Pakistan’s State Minister for Petroleum Dr. Musadik Malik said on Wednesday that Islamabad would place its... Read more
Four New Special Economic Zones To Be Established In Saudi Arabia
RIYADH: Four special economic zones are to be established in Saudi Arabia, Crown Prince Mohammed bin Salman announced on... Read more