Beijing, China -- China's factory output ticked up in August but still recorded a fifth straight month of contraction, official...
The Trump administration said late last month that it will abolish a tax exemption on small packages entering the United...
Dubai, UAE -- The economies of Gulf Cooperation Council (GCC) countries are expected to grow by 1 percent in 2023,...In its recent report, the bank said the Gulf economies combined will grow by 3.6 percent in the year 2024.
The World Bank added that Saudi Arabia's economy, the largest in the region, will contract by 0.9 percent in 2023 before rebounding to grow by 4.1 percent in 2024.
RIYADH, SAUDI ARABIA - King Fahad Industrial Port has successfully shipped 5,500 tons of bitumen to South Africa onboard bulk...King Fahad Industrial Port has successfully shipped 5,500 tons of bitumen to South Africa making it the first cargo of oil byproduct from Yanbu-based hub.
This reflects Mawani’s step to position the ports sector as a vehicle to fulfil Vision 2030’s ambition of transforming the Kingdom into a logistics hub.
RIO DE JANEIRO, BRAZIL - A delegation led by President of the General Authority of Civil Aviation (GACA) Abdulaziz bin...The Kingdom plans on carrying 330 million passengers annually and raising freight capacity to 4.5 million tons by 2030.
Saudi Arabia and the Dominican Republic also signed agreements on air transport services between the two countries.
Luxembourg, Luxembourg -- Luxembourg's residents may be classified as the wealthiest in the European Union, but the sky-high cost of buying...In the capital city, new-build flats sell for around $1,300 per square foot and older ones go for 10,700 euros. The average cost of a house is 1.5 million.
Housing crisis has become the number one concern in the Grand Duchy of 660,000 people -- smaller than Rhode Island, the smallest US state -- as it goes to the polls on Sunday.
In a sweeping report on the issue, the United Nations agency detailed the heart-wrenching stories of some of the children...From 2016 to 2021, floods, storms, droughts and wildfires led to 43.1 million child displacements in 44 countries, the UNICEF report says
UNICEF called on world leaders to take up the issue of child displacement at the COP28 climate summit in Dubai in November and December
Riyadh, Saudi Arabia - The Gulf Cooperation Council (GCC) has approved several more regulations and resolutions as part of its...GCC took more steps to complete the GCC Customs Union and the GCC Common Market to achieve economic unity by 2025
Muscat meeting also took note of the signing of a Free Trade Agreement between GCC countries and the Islamic Republic of Pakistan
"From 2021 to 2022, Saudi exports to Portugal jumped by 50 percent, and imports from Portugal rose by nearly 40...Saudi Arabia's Minister of Economy and Planning, Faisal F. Alibrahim, emphasizes collaboration between Saudi Arabia and Portugal
From 2021 to 2022, Saudi exports to Portugal jumped by 50%, and imports from Portugal rose by nearly 40%, resulting in a trade volume of $1bn
RIYADH, SAUDI ARABIA – The Saudi Exchange's (Tadawul) sukuk and bonds market witnessed 74 negotiated deals worth nearly SAR 12.77...March recorded the highest number and value of deals, as 18 transactions were executed at a value of $853 million
KSA Sukuk 2021-06-10 topped the list in the first nine months of 2023 with US$821 million.
- The central character, pickpocket turned master assassin Basim, speaks classical Arabic in "Assassin's Creed Mirage",.
In the game, the hooded and stealthy hero fights his way through an ancient maze of alleyways, souks and rooftops.
The entire scene in the game has been rendered in loving detail with what its creators say is the help of historical sources.
WASHINGTON, US - The growth of the economies in the Middle East and North Africa (MENA) is expected to fall...The region’s gross domestic product is expected to fall to 1.9 percent in 2023 from 6 percent in 2022, due to oil production cuts.
The decline in growth this year is expected to be more pronounced in the oil exporting countries of the Gulf Cooperation Council.
