US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on...
As most currencies in the region are pegged to the US dollar, monetary policy follows the decisions taken in Washington,...
Saudi Arabia is investing $500 billion in NEOM, a future city in the northwest, expected to be a hotspot for...The $500 billion development on the Red Sea coast, which will include luxury resorts, residential developments, and a nature reserve, is one of the key tourism projects.
The Kingdom is also developing the UNESCO World Heritage Site of AlUla into a major tourist destination.
Baghdad, Iraq - Iraq's Ministry of Oil has said that the country's crude oil exports reached over 100 million barrels...
BAGHDAD, IRAQ - Total crude oil exports in June reached over 100 million barrels, the Iraqi government said in a...The majority of these exports - amounting to almost 99 million barrels - originated from the oil fields in central and southern Iraq.
The average daily export volume was pegged at over 3.3 million barrels. The average price per barrel for the month was recorded at $71.11.
Riyadh, Saudi Arabia--Saudi Arabia will take part in the 15th Arab Games, "Algeria 2023," which is set to commence next...The games to be held in Algeria will see the kingdom players taking part in disciplines as diverse as football, fencing, badminton, swimming and many other sports
Although the male representation will form the biggest component of the Saudi team at 79 percent, there will be nearly 21 percent women in the team too
Tehran, Iran-- Iran has earned revenue to the tune of $54 billion last year from the export of oil, according...According to the estimate, Saudi Arabia earned the highest net oil export revenue among OPEC members in 2022, standing at $311 billion
Iraq came second at $131 billion, followed by the United Arab Emirates with $119 billion, and Kuwait came fourth at $98 billion
Muscat, Oman--Oman's gross domestic product (GDP) at constant prices recorded an increase of 4.7 per cent to reach $22.59 billion...The jump has mainly resulted from the growth of non-oil activities, climbing up by 4.6 percent to $17.55 billion at the end of the first quarter of 2023
The country has seen oil activities at the end of Q1 grow by 3.5 percent to $7.32 billion as against $7.09 billion at the end of the first quarter of 2022
The brokerage firms added 26,953 new accounts in H1.The new investor accounts at the bourse climbed more than 48 percent during the first five months of this year as against 18,204 last year
Since the listing of companies such as DEWA, TECOM Group and many others, the market has witnessed significant momentum
- Middle Eastern technology professionals are more open to office-based roles than their counterparts in Central Eastern Europe, Southern Europe, and...
Middle Eastern tech professionals are more open to office-based roles than their counterparts in Central Eastern Europe, Southern Europe, and France and Benelux, says a report
Career development remains a top priority for Middle East tech professionals, with 51% ranking it in their top three considerations for a new role, adds the latest report by Hays
- AMMAN, JORDAN - The pharmaceutical and medical supplies sector of Jordan has experienced an impressive 29.7 percent growth in exports...
Jordan's exports from the pharmaceutical, medical supplies sector for the first five months of 2023 reached approximately US$375 million.
The growth has been possible due to regularization, recovery of supply chains, and uninterrupted supply of raw materials and production inputs.
GABORONE, BOTSWANA - Botswana has reached an eleventh-hour deal with diamond giant De Beers after months of tense negotiations that saw...The agreement provides for a new 10-year agreement to sell the rough diamonds produced by Debswana.
Debswana is a JV equally owned by the government and De Beers - and a 25-year extension of its mining licenses.
