Several MENA countries have fared well on all three domains of the Genuine Progress Indicator, which has been hailed as a much better metric of a nation's progress than GDP.

Iraq's prime minister met with leaders in rivals Saudi Arabia and Iran on Sunday, discussing regional stability as part of Baghdad's efforts to mediate between the two Middle East heavyweights.

Saudi Arabia is seeking to convince investors and companies in Britain to make investments in the kingdom's industrial and mining sectors.

Saudi Arabia and Pakistan reviewed bilateral relations in a meeting between Crown Prince Mohammed bin Salman and Pakistan army chief Qamar Javed Bajwa.

The United States has hinted that more Arab nations could take steps to improve ties with Israel, ahead of President Joe Biden's trip to the Middle East.

75 percent of respondents in Kuwait and 60 percent in Qatar said their country has a shortage of people with specialised skills.

Saudi Arabia has consolidated its position in the Arab world as the largest economy, posting a domestic output of $833.5 billion last year, the equivalent of 29.7 percent of the entire Arab region.

Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented in several stages.

The Kingdom of Saudi Arabia has signed a joint cooperation agreement in maritime transport with the Republic of Djibouti which aims to open new horizons for cooperation in various fields between the two countries

Saudi Arabia’s overall merchandise exports increased by 98 percent in April 2022 compared to April 2021, according to General Authority for Statistics (GASTAT). The value of exports amounted to SAR137.1 billion ($36.53 billion) in April 2022, up from SAR69.3 billion in April 2021. This increase was attributed mainly to oil...

The firm got top rating with a stable outlook from Moody's.

Barbara Leaf, the top US diplomat for the Middle East, said that the Biden administration was encouraging greater cooperation between Israel and the Arab nations.

Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign ministry director for Middle East affairs, tells TRENDS.

Saudi Crown Prince Mohammed bin Salman met with Jordan's King Abdullah in Amman on Tuesday to discuss regional and international issues. The meeting came amid a thaw in relations that in recent years had suffered from divergent views on regional conflicts and unfulfilled pledges of aid. Prince Mohammed’s visit to...

The accords were related to "infrastructure, logistical services, port management, agri-foods, the pharmaceutical industry, fossil fuels and renewable energy, and cybersecurity" and were worth $7.7 billion, Egyptian daily Al-Ahram said.

Crude oil exports of Saudi Arabia grew 147,000 barrels per day in April to 7.38 million, a level not seen since March 2020 when the Kingdom’s exports were 7.39 million bpd.

The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries.

The Gulf region seems to have a better fiscal positions thanks to high oil prices and the recovery of the economies from the Covid-19 related woes.

At the beginning of the pandemic, Saudi Arabia imposed a rule against all foreign travel, and as of last month 16 countries including Turkey were still off-limits to Saudi citizens.

A publication aims to explore trends and critical factors for future success in an autonomous higher education system in Saudi Arabia.

It has tied up with Cognite to bolster digitization in MENA.

Putin and Arab leaders focus on boosting relations in various fields -- including technology, food security and energy -- during Saint Petersburg International Economic Forum 2022.

Saudi Arabia ranked first in the Arab world and 30th globally in the British “Nature” index for evaluating countries, universities and public and private institutions for quality of scientific research in 2022. The kingdom’s ranking comes from the collected data approved by the magazine based on scientific publication in the...

The Kingdom's service sector is expected to grow rapidly once the major Vision 2030 tourism and entertainment projects - Qiddiya, the Red Sea project, NEOM, Al-Ula - are completed.

Saudi Crown Prince Mohammed bin Salman begins a regional tour Monday in Egypt that will also take him to Turkey to bolster regional ties, a Saudi diplomat said. After Cairo, Mohammed bin Salman will travel to Jordan and then on to Turkey. The Saudi government is yet to confirm about...

Equities in the Middle East imitated the global stock markets, falling as central banks raised interest rates to fight off soaring inflation.

The recovery process of the sector remains fragile and could be disrupted by the ongoing war in Ukraine, fuel price increases, and other potential health threats, say experts.

As Saudi Arabia's Crown Prince Mohammed bin Salman prepares to mark five years as de facto leader, he is finally arriving on the world stage, getting a boost of sorts with the arrival of US President Joe Biden next month. Biden's trip - after Russia's invasion of Ukraine sent oil...

Intelligent transportation system, speedy 5G deployment and heavy investment in AI are pushing region's smart city growth, says Omar Christidis, CEO & Founder of Arabnet.

Taking a cue from US Federal Reserve's decision to hike interest rate, Saudi Arabia, the UAE, and Bahrain have raised interest rates, too, to tame soaring inflation.

The alliance will ensure home delivery in 15 minutes.

Making an about-face by deciding to visit Saudi Arabia, US president Joe Biden is betting there is more to gain than lose by meeting Crown Prince Mohammed bin Salman. Biden joins eight decades of US presidents who have all in due time courted the oil-rich kingdom, which has assiduously cultivated...

US President Joe Biden will meet with Saudi Arabian Crown Prince Mohammed bin Salman next month. The White House ended weeks of speculation Tuesday, announcing that Biden will travel to Israel, the Palestinian West Bank, and Saudi Arabia from July 13-16 -- his first trip to the Middle East since taking...

US President Joe Biden will make history next month with a direct flight between Israel and Saudi Arabia where he will meet Crown Prince Mohammed bin Salman. The White House ended weeks of speculation Tuesday, announcing that Biden will travel to Israel, the Palestinian West Bank and Saudi Arabia from...

Economic growth in the MENA region is forecast to accelerate to 5.3% in 2022 before slowing to 3.6% in 2023, according to the World Bank. Find out the country-wise breakup.

Saudi Arabia has required would-be hajj pilgrims from many Western countries to apply for visas via a government portal online, a move intended to crack down on "fake" travel agencies, officials told AFP on Monday. The new system was put in place as the kingdom prepares to welcome 850,000 Muslims...

NEOM has awarded two contracts to two consortiums for the construction of two tunnels with a length of 28 kilometers dedicated to high-speed transportation and freight services in the infrastructure of the “The Line". The first consortium includes FCC Construction SA, Chinese State Construction and Engineering, and a Saudi company,...

The use of tobacco by people across the world has gone down, and the Middle East has been no exception, where many users have kicked the habit.

Under the new visa scheme, all GCC residents with a valid resident and work visa issued by the UAE, Bahrain, Kuwait, Oman, and Qataris immigration authorities will be allowed entry into Saudi Arabia for business, tourism, and Umrah purposes, with the exception of Hajj – the annual Islamic pilgrimage.

The Saudi firm's IPO was priced at $4.8 per share.

Bonus shares to be granted by capitalizing $7.9 bn from retained earnings.

An overladen ship crammed with thousands of sheep capsized Sunday off Sudan's Red Sea coast drowning the animals on board but with all crew surviving, port officials said.

Aside from fossil discoveries, one of the unique geological phenomena discovered in Saudi Arabia is basalt columns. These one-of-a-kind columns are magnificent and incredibly accurate geometric shapes that erupted from the ground without human intervention. They owe their existence to the molten lava that burst out of the ground in...

Saudi Arabia has seized a new consignment of banned drugs being brought into the kingdom at Al-Haditha port.

Saudi Arabia has awarded the building of a five-kilometer-long tunnel in the city of Madinah to a Chinese construction firm, to be built at the cost of $974 million. The project also involves the construction of a pedestrian bridge. Al-Amida road will serve as an alternative to the current ring...

The Saudi firm plans to invest $91m in Egypt.

Saudi Arabia's Industrial Production Index (IPI) in April 2022 increased by 26.7 percent compared to the same month last year. The General Authority for Statistics (GASTAT) said the IPI continued to show positive growth rates due to the high production in mining, quarrying and manufacturing activity. The IPI is an...

The Agency for Natural Resources and Energy in Tokyo.reported that the amount of crude oil that Japan imported during that month amounted to 87.59 million barrels.

The Gross Domestic Product (GDP) of Saudi Arabia grew by 9.9 percent in Q1 of 2022 compared to Q1 of 2021, and the seasonally adjusted GDP increased by 2.6 percent compared to Q4/2021. The GDP Report for Q1 2022 released Tuesday by the General Authority for Statistics (GASTAT), said this....

The current rebound is due mainly to strong growth in oil exporters boosted by rising oil revenues and a general waning of the pandemic’s adverse impacts in highly vaccinated countries. The growth, however, will slow abruptly in 2023 and 2024 across the region, the report adds.