Riyadh, Saudi Arabia -- The Saudi Central Bank (SAMA) announced on Monday that the share of retail consumer electronic payments...
"These banks excel not only in financial performance but also in adapting and innovating. Through partnerships with global entities like...
New data from the Joint Organisations Data Initiative (JODI), a Riyadh-based international collaboration to improve the availability and reliability of...Oil demand in March was at 101 percent of 2019 levels, while crude production was only at 97 percent. Demand exceeded 2019 levels despite sharp declines in China
Demand for gasoline, diesel, and LPG exceeded pre-COVID levels in March, but jet fuel demand was 25 percent lower than 2019 levels
Saudi Arabia has rejected claims that its planned futuristic megacity known as NEOM will have different rules from the rest...NEOM is part of Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify Saudi Arabia's oil-dependent economy.
It has been billed as a futuristic cityscape evocative of a sci-fi blockbuster -- with everything from flying taxis to robot-maids.
Investors remain cautious as to whether China will ease its zero-Covid policy, which has added to the disruption of the...The benchmark Nikkei 225 index firmed 0.45 percent, or 119.40 points, to 26,547.05.
The Nikkei firmed especially in early trade, keeping the momentum from gains of US shares.
The UAE accomplished many achievements under the rule of the late Sheikh Khalifa bin Zayed Al Nahyan, including being ranked...His rule saw the establishment, completion and upgrading of more than 230 public schools, and the development of a world-class system of hospitals and 32 federal health facilities.
He also supported fishermen by establishing more than 24 fishing ports.
Wheat prices surged to a new record high on Monday after India decided to ban exports of the commodity as...The price jumped to 435 euros ($453) per tonne as the European market opened.
Global wheat prices have soared on supply fears since Russia's February invasion of agricultural powerhouse Ukraine, which previously accounted for 12 percent of global exports.
For many voters, the election was a chance to vent their anger at the entire ruling elite.Army was deployed across Lebanon Sunday to secure the election and minor incidents to disrupt were reported in some polling stations
More than 80 percent of Lebanese population is now considered poor by the UN
Egyptian Prime Minister Mostafa Madbouli announced Sunday a string of planned privatisations of state-owned companies, as Cairo grapples with an...Egyptian Prime Minister Mostafa Madbouli laid out plans for 10 state-owned companies and two army-owned companies to be listed on the stock market later this year.
By 2025, the government hopes to see "private sector contribution in investment grow to 65 percent," up from 30 percent today.
Iran is considering the possibility of exporting gas to Europe, an oil ministry official said Sunday against the backdrop of...Russia's invasion of Ukraine in February sent global oil and gas prices soaring, with many European countries dependent on energy imports from Russia.
Tehran and Baghdad had signed a memorandum of understanding a few weeks ago that will see the country increase gas exports to Iraq.
The Public Investment Fund (PIF) today announced the launch of the Saudi Coffee Company. The company is established to enable...The launch of the Saudi Coffee Company aligns with PIF’s strategy, which focuses on developing and enabling 13 promising sectors
The Saudi Coffee Company’s primary goal is to ensure the national coffee industry is enabled along its entire value chain, from bean to cup
- Bassel Gamal, the Group CEO of Qatar's second-largest bank, tells TRENDS that leaders should empower their employees to make decisions.
"Today, all GCC economies are recovering from the pandemic thanks to higher oil prices, supporting government spending and normalizing business activity."
"The leadership has shifted towards a more collaborative approach, fostering teamwork, productivity, innovation and creativity."
