- Rising oil prices handed a major boost to producers but threaten the global recovery and stoke inflationary pressures because they...
Global supplies have been disrupted because US production remains hampered by the ongoing fallout from Hurricane Ida.
OPEC now expects global oil demand to exceed its pre-pandemic level in 2022 thanks to Covid vaccines and recovering economies.
- DUBAI: Etihad Rail has completed construction works on a stretch of the 1200-km UAE National Railway Network, the company said on...
The work was completed ahead of schedule on Package A of Stage Two, which extends over 139 km.
40 percent of the network’s annual transport capacity has been reserved through commercial agreements.
- The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise
The Fund's composition reflects a convergence of SEDCO Capital's Prudent Ethical Investment (PEI) approach with Lombard Odier's investment expertise
The Fund aims to deliver capital growth through an active asset allocation strategy with the goal of outperforming the Dow Jones Islamic Market World Developed Total Return Index
- Los Angeles: Tesla chief executive Elon Musk thinks US regulators should take cryptocurrency out of their crosshairs, leaving it free...
China's central bank last week said all financial transactions involving cryptocurrencies are illegal.
Tesla early this year announced it had bought $1.5 billion worth of Bitcoin.
- Al Samahiji is the non-executive chairman and co-founder of Orpheus Partners.
He served as CEO of BNP Paribas Najmah and Global Head of BNP Paribas Islamic Finance and Investments.
GFH said it currently has assets of over $12 billion globally and looks to build its international portfolio through organic and inorganic growth.
- DEWA has implemented Fourth Industrial Revolution technologies, such as Artificial Intelligence, Cloud Computing and the Internet of Things to drive...
DEWA and GMIS will collaborate to promote the use of advanced energy-saving innovations
The collaboration will enable greater synergy between utility providers and industrial enterprises to eliminate energy wastage
- The cartel's world oil outlook goes against the vision of the International Energy Agency, which warned in May that demand...
Developing countries will fuel demand while it will begin to fall in wealthier nations from 2023, said OPEC.
The OPEC report comes as Brent crude oil prices jumped above $80 per barrel for the first time in almost three years.
- Saudi Arabia has managed to digitize some 50 million real estate documents under the Real Estate Title Digitization Initiative. It...
The central digitization labs work around the clock and are the largest of their kind in the MENA region
The digitization process goes through several steps: listing and collection of documents, entry and revision, transfer to digitization labs, sterilization and restoration
- Saudi Arabia’s economy will benefit from higher oil prices and its successful COVID-19 vaccine roll-out, ratings agency S&P Global has...
Growth is heavily observed in non-oil sectors, particularly in real estate where the government aims to drive national home ownership to 70 percent by 2030
The semi-annual review from S&P affirmed the A-/Stable/A-2 sovereign rating of the Kingdom, attributing it to a positive post-pandemic performance





















