RIYADH, SAUDI ARABIA – The General Authority for Statistics (GASTAT) issued on Friday the Foreign Direct Investment (FDI) statistics for...
- "There is a need to double efforts to develop a comprehensive blueprint outlining necessary policies to drive the media sector...
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
Police and protesters clashed in Turkey and France during May Day rallies on Sunday, as tens of thousands marched across...European rallies sparked the most controversy with Turkish protesters gathering at Istanbul's Taksim Square, an area synonymous with anti-government protests
City officials said the group refused to disperse and 164 were detained, with government-approved rallies elsewhere in Turkey passing off peacefully
The EU will propose a phased-out ban on Russian oil imports as part of a fresh round of sanctions against...EU foreign policy chief said Russia's continued attacks in Ukraine make new sanctions "absolutely essential”
Earlier, European commission banned coal imports from Russia, but Poland and the Baltic states called for an oil embargo as well
The unprecedented income came as the Suez Canal in March increased transit fees for ships passing through the waterway.The unprecedented income came as the Suez Canal in March increased transit fees for ships passing through the waterway.
Adm. Ossama Rabei, head of the Suez Canal Authority, said in a statement that 1,929 vessels sailed through the Canal in April
A proposal by the UN agency for Palestinian refugees to delegate some services to other United Nations agencies has sparked...The agency has long been a target of Israeli criticism, with accusations it has fuelled the conflict in part by teaching anti-Zionist messages at its schools
The agency tasked with assisting Palestinians who were forced from their homes during the war surrounding Israel's creation has faced a funding crunch for years
The growth was fueled by oil activities that increased by 20.4 percent. Non-oil activities saw a rise of 3.7 percent,...The growth was fueled by oil activities that increased by 20.4 percent and non-oil activities which saw a rise of 3.7 percent
The figures showed that the seasonally adjusted real GDP grew by 2.2 percent in the first quarter of 2022 compared to the previous year
- The preliminary results come after the world's biggest oil exporter resisted US entreaties to raise output in an attempt to...
Growth in the oil sector reached 20.4 percent year-on-year in the first quarter, while the non-oil sector expanded 3.7 percent year-on-year, Saudi statistics authority said.
The Ukraine war and the resulting rise in crude prices has been a boon to oil-producing states like Saudi Arabia, whose GDP is expected to grow by 7.6 percent in 2022.
- The latest sign of support follows a visit to Saudi Arabia by new Prime Minister Shahbaz Sharif, who has inherited...
In recent years, Saudi has provided Pakistan with $4.2 bn of support in the form of the $3 bn loan deposited with the central bank as well as $1.2 bn in deferred oil payments.
Saudi Arabia also pledged "to further enhance the financing of petroleum products" at a time when the South Asian country is suffering from frequent power cuts.
Cybercrime has risen to the forefront of physical security concerns. And big firms are acutely aware of the problem, says...Physical security has progressed from when it was viewed as merely a technique for responding to crime
It now plays a more significant role as a critical component in the digital transformation of business processes
