JEDDAH: National Shipping Company of Saudi Arabia (Bahri) has signed a deal to buy a further five very large crude tankers from ship builder Hyundai Heavy Industries, the exclusive oil-shipper for Sau
BRUSSELS: Greece asked for a fresh two-year rescue deal with the European Union in a final roll of the dice just hours before its current bailout expires and it misses a critical IMF payment.
SINGAPORE: Financial markets around the world will open on Wednesday with a tinge of apprehension, not just because of developments in Greece or China, but because of an extra second.
JEDDAH: Net foreign assets at Saudi Arabian Monetary Agency fell to SR2.521 trillion ($672.2 billion) in May, down by $6.6 billion or 1.0 percent from the previous month as the kingdom continued to dr
BRUSSELS: The European Union said it had struck a deal to abolish mobile phone roaming charges in 2017, ending fees that are loathed by millions of holidaymakers and business travelers across Europe.<
LONDON: Oil prices are likely to be stable for the rest of this year and climb in 2016 and 2017 as global demand picks up, shrugging off setbacks from the Greek debt crisis and the possible lifting of
The Saudi stock market bucked the two-day downward trend and turned green on Tuesday, adding 26.95 points or 0.3 percent for the entire session.
JEDDAH: The Ministry of Commerce and Industry has issued license to the first laboratory for gold and jewelry in Saudi Arabia, according to the National Committee of Precious Metals and Stones at the
DUBAI: Major Middle Eastern stock markets rose after bargain-hunters came in at the lows, encouraged by rebounds in overseas bourses and oil prices.
DUBAI: Dubai said it would construct a small office building using a 3D printer for the first time, in a drive to develop technology that would cut costs and save time as the city grows.
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