Tens of thousands of migrants are stuck in Yemen, unable to pay for a return trip, held hostage by smugglers or detained by local authorities.

The company is part of the UAE-based Gulftrainer group.

Saudi Arabian Mining Co., has established a fertilizer terminal in the African state of Malawi through its subsidiary, the Meridian Group.

Nuqtah, Saudi Arabia’s first non-fungible token marketplace, has closed its pre-seed funding run, but it has not revealed how much it raised.

Saudi Airlines (Saudia) has been ranked as the best brand of the year 2021 in the kingdom, rising from eighth place three years ago, according to marketing research company YouGov. Saudia won this recognition as a result of its efforts aimed at the continuous development of its services and products,...

The fund invests in early stage FinTech and SaaS companies.

Saudi pavilion at Expo 2020 put on a splendid show at the Dubai Millennium Amphitheatre, the second artistic evening organized by the kingdom's pavilion at the international exhibition

A women’s football league in Saudi Arabia is set to launch on Monday.

However, the recent developments show that Europe has shed this energy-supplier image of the Gulf for a more realistic and pragmatic approach to strengthen the strategic partnership between the 27-member bloc and the GCC. In the new positive climate in EU-Gulf ties, talks on the FTA are likely to resume...

India's Reliance oil-to-telecoms giant is abandoning a $15 billion deal for Saudi Aramco to buy a 20 percent stake in its oil refining and chemicals unit as the firm pivots towards renewable energy. Reliance and other major Indian firms have since poured billions of dollars into green power to reduce...

Dubai index outperformed GCC peers, following the emirate's announcement of plans to open a $545 million market-making fund and IPOs for 10 government-backed companies.

Saudi Arabia has unveiled two initiatives to help the country boost its production and manufacturing.

The two countries signed a Memorandum of Understanding in this regard in Riyadh on Thursday, November 18.

Saudi Arabia's General Authority for Statistics on Thursday launched Statistical Database, a unified channel where all data produced by the authority will be published. Chairman of the Board of Directors of GASTAT and its President Dr. Konrad Pessendrofer launched the platform. The platform uses advanced search techniques with advanced features...

The region’s financial regulators must be extra vigilant to avoid catastrophic debt crises, Khalid Abdulla-Janahi, chairman of Vision 3, UAE, tells TRENDS

The kingdom's sovereign wealth fund is critical to its economic goals as it channels returns from foreign investments into non-oil sectors in a bid to diversify the economy.

Saudi Arabia has set up a $186.6 million worth solar panel factory in the Tabuk Industrial City to cater to growing demand for solar panels in the MENA region.

Soudah Development Company, a real estate development company owned by PIF, Saudi Arabia's sovereign wealth fund, has announced it will join the UN Mountain Partnership to realize its environmental sustainability goals. Soudah Development is involved in driving the development of Soudah and parts of Rijal Alma’a Governorate in the Asir...

An unemployment rate of more than 11 percent and the crisis impact on entrepreneurs and startups major concerns in the region, says IMF chief.

Global employment, which was severely affected by the pandemic, is beginning to rebound as economies reopen. The UAE, which was particularly hard impacted due to the COVID-19, is now resuming recruitment and attracting the top candidates, he adds.

The annual growth rate of the Middle East AI market is about 20 to 34 percent, led by the UAE and Saudi Arabia.

The project forms the next phase of NEOM’s master plan and represents a radical new model for future manufacturing centers.

Saudi Arabia's General Authority for Small and Medium Enterprises (Monshaat), represented by the Commercial Franchise Center (Emtiyaz), is participating at the International Franchise Forum in Dubai, providing 10 Saudi brands an opportunity to franchise their brands and expand globally. The Forum was launched on Tuesday and will run for two...

Saudi authorities released Abdullah al-Zaher, a citizen from the Shiite minority whose death sentence was later commuted, after years in prison for participating in anti-government protests, human rights groups said.

Mubarak Jaffar, CEO of the cloud-kitchen firm KLC company, tells TRENDS how virtual kitchens are feeding a growing demand.

For new investors, the new service will require only three steps: visiting the Saudi Ministry of Foreign Affairs website and applying for "adding a request for attestation of a contract" at the Kingdom's embassies abroad. The service was inaugurated in a number of the Kingdom's embassies.

Briefing a National Assembly panel, Commerce Ministry’s Director-General Dr. Syed Kausar Zaidi said that Saudi Arabia imports 80 percent of its rice from India.

The deals were signed at the Saudi Trade Finance Summit.

In oil exporting countries, the fiscal deficits in 2020 will be replaced by large surpluses in 2021 and 2022, mainly in GCC. If oil prices average US$ 81/b in 2022, fiscal balances in Saudi Arabia, the UAE, Qatar, Iraq, and Oman are projected to be higher than 3% of GDP.

The UAE, one of the world’s top crude exporters, said a recent UN climate summit in Glasgow was a “success” but that the world needs to keep investing billions in oil and gas. Nearly 200 countries at the COP26 summit pledged Saturday to speed up the fight against rising temperatures,...

The Saudi Ports Authority (MAWANI) has signed an agreement with Cruise Saudi and Globe Group to build a new cruise terminal at King Abdulaziz Port in Dammam and four berths at King Abdulaziz Port in Dammam and Yanbu Commercial Port. MAWANI said the move comes as part of its ongoing...

The Kingdom ranks 26 in the Mercer Institute Global Pension Index 2021 for the fourth year in a row, with a total of 58.1 points, up from 57.5 last year.

“This will be the first non-profit city of its kind which will contribute to achieving the goals of Mohammed bin Salman Misk Foundation in supporting innovation, entrepreneurship and qualifying future leaders by defining non-profit work in its internal operational concept and in terms of opportunities and youth training programs it...

The league is a part of the federation’s 2017 program to support women's football.

The Gulf country has played a significant role both in diplomacy and evacuations as the US ended its 20-year war in Afghanistan.

UAE officials "recognise reality", delegation member and House of Representatives Majority Leader Steny Hoyer said after talks with Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum. "They know the world is working very hard not to be in a position to buy their product anymore, because they're going to alternative energy,"...

Dr Abdullah Asiri, Saudi Arabia's Deputy Minister for Preventive Health, has been chosen as one of the members of the World Health Organization's Scientific Advisory Group for the Origins of Novel Pathogens (SAGO). The SAGO includes 28 members of the world's leading scientists, representing a wide range of disciplines including...

Saudi Arabian Airlines has been the least complained about airline in the kingdom during October 21, followed by Flyadeal. For every 100,000 passengers, Saudi Arabian Airlines received seven complaints and it had a complaint-processing rate of 82 percent. At 16 complaints per 100,000 passengers, Flyadeal came second. It had a...

Stock markets in the Arab region were mostly in the green in the week gone by.

Saudi Arabia has granted citizenship to an unspecified number of people with "distinguished talents, unique expertise and specializations". ‏Saudi Press Agency reported that the announcement was made in line with the issued royal decree to grant Saudi citizenships to "experts and exceptional global talents" with "unique competencies" in religious, medical,...

Saudi Arabia has sold two bonds--a sukuk tranche and a conventional bond--for $3.25, the kingdom's National Debt Management Center (NDMC) has announced. The value of the first tranche is at $2 billion for a nine-and-a-half-year sukuk maturing in 2031, while the second tranche of $1.25 billion is for a 30-year...

Tuwaiq Sculpture is the second public art programme to be launched as part of Riyadh Art,

“The governments of the UAE and Bahrain, in light of the fraternal ties and long-term mutual interests between the two countries, consider their joint objectives and interests embodied in the articles of incorporation of the Gulf Cooperation Council (GCC),” said a joint statement quoted by Reuters.

With the retail sector rebounding in the UAE, Cyrille Fabre, a partner and director with the Middle East arm of Bain & Company, highlights what’s fueling the growth.

Saudi Arabia's GDP has risen by 6.8 percent in the third quarter of 2021 compared to Q3 2020, according to the kingdom's General Authority for Statistics (GASTAT). The authority attributed the growth to an increase in oil activities by 9 percent as a result of the rising global demand for...

With the Covid infection tapering off in Saudi Arabia, there has been a reasonable increase in hotel occupancy rates in the kingdom, and the future looks more sanguine as the pandemic restrictions have been gradually removed, according to a study by CBRE.

The profit is 21 percent lower than Q3 2020 due to a lower fuel margin.

In order to boost military cooperation, and to exchange military expertise, members of Royal Saudi Land Forces arrived in the UAE for the  "One Destiny/1" exercise with the UAE Land Forces, which will be held for three weeks.

Financial technology, or fintech, automates and improves the delivery of financial services.

The festival dispensed cultural knowledge through visual experiences and services.