Economy



Bahri to buy 5 more oil tankers from Hyundai Heavy

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



Greece seeks last-minute debt deal as default nears

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.







Transport stocks surge 1.62%

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.



First gold, jewelry lab gets license

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



Property stocks buoy UAE, Qatar

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 plans world’s first 3D printed office building

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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