DUBAI: Abu Dhabi’s new financial free zone, which aims to become a top banking center for the region, took a step toward opening for business by issuing draft laws covering fund management, market ope
LONDON: OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of the group’s top export
DUBAI, United Arab Emirates: Fast-growing Dubai, where something new is always being added to the skyline, may have found a way to make construction move even faster.
RIYADH: Saudi Arabia exported nearly 1.4 billion barrels of crude oil in the first six months of the current year with proceeds amounting to SR305 billion, local media said quoting an economic expert.
RIYADH: Expatriates' remittances from Saudi Arabia to their respective countries rose by 7 percent in the first five months of the current year to reach SR68.4 billion compared to SR64.2 billion in th
JEDDAH: Alstom Grid and National Grid SA of Saudi Arabia have signed a memorandum of understanding (MoU) under which the two companies will cooperate in developing and advancing electricity infrastruc
SKOPJE: Greece’s regional neighbors are taking measures to protect their banks and economies from the escalating financial crisis there and the possibility of a Greek exit from the euro.
JEDDAH: Saudi Arabia's benchmark Tadawul All-Share Index (TASI) stepped down 149 points or 1.62 percent further to close Monday’s trading session at 9,059.94 points.
NEW YORK: General Electric said it had agreed to sell its vehicle fleet management and financing services in the US and three other countries to Canadian firm Element Financial for $6.9 billion.
JEDDAH: Saudi Arabia’s bourse regulator said a suspension on the shares of Mobily will continue until the mobile operator discloses its restated financial statements for last year and the first quarte
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