The firm will supply pipes to Saline Water Corporation.

Saudi Arabia announced Sunday it had named a senior diplomat as its first climate envoy, as officials vow to ramp up oil production while pursuing ambitious goals for emission cuts. The appointment of Adel al-Jubeir to the envoy role was announced as part of a series of royal orders decreed...

Saudi Arabia’s East Pipes reported a net loss of SAR3m during FY2022.

It was a week of mixed fortunes for various stock exchanges of the GCC, with TASI remaining flat through the week, even as Abu Dhabi's index began posting gains on Frdiay.

Even as SMEs in GCC seek to do more to end gender disparity , UAE proactively leads the region in pursuing the diversity agenda, says Marketa Simkova, Partner at KPMG Lower Gulf.

This is a part of the Kingdom’s agenda to achieve sustainable development 2030 locally and internationally.

The kingdom eyes over 70 million visitors this year as the country jumps from 43rd to 33rd spot on the global tourism ranking, says Saudi Arabia's assistant tourism minister.

Saudi Arabia's coach Herve Renard has signed a new five-year deal after guiding the team to this year's World Cup in Qatar, football officials announced on Friday.

The program provides big support to local, regional and international film producers to shoot their works inside Saudi Arabia.

A Saudi delegation said Wednesday that the transformation march launched by it a few years ago contributed to enhancing the economic, social and development dimensions of the Kingdom and has created qualitative investment opportunities. The delegation participated in a panel discussion, "Kingdom of Saudi Arabia: A Future Vision", on  Wednesday...

Saudi Arabia's non-oil exports surged to $7.52 billion in March 2022, according to  the General Authority for Statistics, also known as GASTAT. Non-oil exports excluding re-exports rose by 22.4 percent year-on-year. On a monthly basis, non-oil exports also grew by S3.2 billion, or 12.8 percent. Oil exports, which includes crude...

Saudi Arabia's crown prince expects to travel to Turkey next month, a Saudi official told AFP Wednesday. The trip by Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, will also include stops in Egypt, Cyprus and Greece, said the official, who requested anonymity because he was not permitted...

Gold consumption in the GCC region reached 47 tons in the first quarter of 2022, up 18 percent from the prior year. UAE consumption reached 12.50 tons in Q1 2022.

Saudi Arabian authorities said Wednesday that they thwarted an attempt to smuggle 403, 000 amphetamine tablets into the kingdom. An official statement said the "security follow-up of drug smuggling and promotion networks targeting the security of the kingdom and its youth resulted in thwarting of the smuggling attempt" The tablets...

Saudi Arabia’s non-oil exports in the first quarter of 2022 reached 77.8 billion riyals ($21 billion), growing nearly 29 percent year on year. According to Saudi General Authority for Statistics, the non-oil exports, however, decreased compared to the previous quarter (Q4 2021) by SAR 4.4 billion or 5.4 percent. Overall...

Saudi Arabia's main airline will next month start operating weekly international flights from the kingdom's planned futuristic megacity known as NEOM, with Dubai as the first destination, state media reported Monday. The weekly NEOM-Dubai flights operated by flag carrier Saudia will begin "by the end of June 2022, with plans...

The Arab ministers praised the initiative of the Chairman of the Executive Council of ALECSO, Hani bin Moqbel Al-Moqbel, to develop the Council’s road map.

Director of Theater and Performing Arts at Ithra Majed Zuhair Samman said that the Ithra's participation in the festival reflects its active role in the film industry in Saudi Arabia.

Although the last several months have been hard for listed businesses in the Middle East, yet many have defied the dire predictions to dominate capital markets.

The General Assembly of the Arab Administrative Development Organization (ARADO) renewed the presidency of Saudi Arabia for the organization's Executive Council for the period 2022-2024. The renewal came at ARADO's  57th session held on May 19, 2022, at the organization's headquarters in Cairo, where also the memberships of the UAE,...

Beside the UAE, other GCC countries that have sent delegations to the Davos forum include Saudi Arabia, Qatar, Bahrain and Oman to share their perspective on contemporary issues.

The sale of 625 million shares of the Riyadh-headquartered Kingdom Holding Company is worth roughly $1.5 billion. The company owns the famed George V hotel in Paris and has a majority stake in The Savoy in London.

Saudi Arabia's supply of oil to China has soared 38 percent in April, hitting the highest monthly volume since May 2020.

Saudi Arabia will participate in the 75th Cannes International Film Festival, which will be held during the period from 17 to 28 May, with a national pavilion supervised by the Film Commission. The Ministry of Investment, the Red Sea Film Festival, the Al-Ula Film, the King Abdulaziz Center for World...

The election took place during the ninth session of the group’s meetings hosted in Riyadh from February 14-17.

Prince Faisal bin Farhan bin Abdullah, the Saudi Foreign Minister had arrived in the Algerian capital earlier on Wednesday evening.

Saudi Arabia may see a rise in inflation as global food and energy prices surge amidst the ongoing Russia-Ukraine war, Alexander Perjessy of Moody’s Investors Service tells TRENDS.

The world's tallest building disappeared behind a grey layer of dust on Wednesday as sandstorms that have swept the Middle East hit the United Arab Emirates, prompting weather and traffic warnings. The 828-metre (2,716 ft, 6ins) Burj Khalifa, which towers over Dubai and is usually visible across the busy financial...

Saudi women have reached unprecedented heights in work and social life, Sarah Al-Tamimi, vice chair of National Committee to Combat Human Trafficking, tells TRENDS.

New data from the Joint Organisations Data Initiative (JODI), a Riyadh-based international collaboration to improve the availability and reliability of data on petroleum and natural gas, shows that global oil demand surpassed pre-pandemic levels in March, while production of crude oil was stuck at 97 percent of the level before...

Saudi Arabia has rejected claims that its planned futuristic megacity known as NEOM will have different rules from the rest of the kingdom and function like a "country within a country". Media reports said that in an interview published last week by the UAE's The National newspaper, Andrew McEvoy, head...

Saudi Arabia's King Salman has left the hospital one week after being admitted for tests, state media reported. Video broadcast by the official Saudi Press Agency (SPA) late Sunday showed the 86-year-old monarch walking out of King Faisal Specialist Hospital in the coastal city of Jeddah, using a cane and...

The approval is expected to transform the regional center into a global center covering the eastern Mediterranean and Africa.

Surge in oil prices benefited the world's most valuable company.

Annual inflation in Saudi Arabia has spiked to 2.3 percent in April, up from 2 percent in March. According to the General Authority for Statistics, also known as GASTAT, the consumer price index, or CPI, in April 2022 has surged 2 percent when compared to the corresponding period a year...

The UAE and Saudi stock exchanges posted losses this week, taking cue from the world markets that fell in reaction to galloping inflation, and rate hikes by central banks in many countries.

The chemical giant of KSA has posted SR6.47bn profit in Q4.

The UK Home Office affirmed that “an electronic visa waiver allows the holder to travel to the UK without obtaining a visa provided they complete an online waiver for each visit.

The Saudi Arabian national petroleum and natural gas company, billed as the largest oil producing company in the world, was valued at $2.42 trillion based on the price of its shares at close of market. Apple, meanwhile, has seen its share price drop over the past month and was valued...

Abu Dhabi’s non-oil foreign trade in the first quarter (Q1) of 2022 amounted to AED61.522 billion ($16.74 billion), a 15 percent increase compared to the same period of 2021. Exports grew by 35 percent in the first three months of the year compared to the same period of last year ...

The growth rate of Arab economies is expected to increase to around five percent in 2022 on the back of rising oil production and its prices in the international markets.

Saudi Arabia on Monday pitched aviation industry leaders on its plans to become a global travel hub, drawing scepticism from analysts who questioned how it could compete against regional heavyweights. The kingdom's aviation goals, part of Crown Prince Mohammed bin Salman's wide-ranging "Vision 2030" reforms, include more than tripling annual...

After the Fed Reserve raised interest rates to rein in the 40-year-high inflation, GCC members followed the suit as most of the region's currencies are pegged to the dollar.

On Sunday afternoon doctors performed a colonoscopy “and the result was sound”, the Saudi Press Agency later said.

King Salman entered King Faisal Specialist Hospital in the coastal city of Jeddah on Saturday ‘to conduct some medical examinations’.

In a week truncated by the Eid holidays across the Middle East, stocks on the UAE exchanges shed gains, while there was no trading in Saudi Arabia because of Eid al-Fitr.

Saudi Arabia has okayed six tourism projects to the tune of $400 million in the first quarter of 2022.

The investment is expected to be made in nine new projects across the country.

The MoU aims to enhance cooperation between the two countries in the areas of financial auditing and performance control.

Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the US met the president and COO of Omnicom Media Group Daryl Simm.