- Major stock markets mostly steadied Tuesday, with traders braced for a sharp US interest rate hike to curb soaring inflation....
With the increase widely forecast, investors will be closely looking for clues on the outlook for futures rate rises
Central banks worldwide are tightening borrowing costs despite concerns such action could hamper financial recovery from the pandemic
- Pfizer reported another quarter of huge revenues growth because of its Covid-19 vaccine on Tuesday, but lowered the company's full-year...
Net income jumped 61 percent to $7.9 billion
Pfizer confirmed its full-year revenues forecast, in which about just over half of total sales stem from the Covid-19 innoculation and from Paxlovid
- The two countries are said to have discussed ways to ‘overcome’ the effects of US sanctions against both nations.
Javad Owji's visit to Venezuela came just weeks after a visit by US officials in the midst of rising global oil prices
In March, a US delegation held a meeting with Maduro, whose very legitimacy as president Washington disputes
- This year's Jeddah Season is expected to feature international events and artistic and theatrical performances, Arab and international art concerts,...
Jeddah Season 2022 is expected to make Jeddah a permanent destination for tourism, entertainment, and events in the region
The 60-day event will reportedly see 2,800 activities in nine main zones in the presence of Jeddah residents and visitors
- Six rockets landed Sunday in northern Iraq's autonomous Kurdistan region, Kurdish counter-terrorism forces said, with "minor damage" reported at a key...
Kurdish counter-terrorism forces said in a statement that six rockets fell near the Zab river in the Khabat district
The attack which caused no casualties or damage was not immediately claimed by any organization
- What are the top constituents of stock exchanges spread across the GCC countries? Here’s our infographic.
Some constituents — publicly traded companies — of the MSCI World Index would be heavier than others
And countries within the Gulf Cooperation Council have some of the biggest public companies in the world
- Finnish-led consortium Fennovoima said on Monday it has terminated a contract with Russian group Rosatom to build Finland's third nuclear...
The proposed 1,200-megawatt Russian-designed reactor was to be built in Pyhajoki, about 100 kilometres (60 miles) from the port of Oulu in northern Finland
Two days before Russia's invasion of Ukraine, the Finnish government had said it was re-evaluating the security risks for the 7.5-billion-euro deal
- Kuwait’s Ministry of Public Works has announced it will be re-building five commercial centers across the country. Local media reports,...
Hawally Center, Khaitan Center, Mansouriya Center, Al-Dhahr Center and Al Ayoun Center are spread across different governorates.
Each building consists of a basement, a ground floor, first and second floors, and the roof.
- Asian and European markets fell in holiday-thinned trade Monday following another tech-led rout on Wall Street, with focus on the...
Trading floors around the world have been buffeted for months by a perfect storm of crises including China's lockdowns, surging inflation, Fed plans to hike rates
However, with some commentators warning rates could go as high as three percent, there are also worries the Fed could be too heavy-handed and tip the US economy into recession
- From overseas to the domestic circuit, the tourism industry in the Gulf Cooperation Council is witnessing a welcome resurgence, especially...
Gulf citizens are looking to spend Eid al-Fitr abroad after being compelled to stay home for the past two years
This year’s Eid al-Fitr holiday witnessed high occupancy in the UAE hotel sector, driven by strong domestic tourism demand





















