The kingdom’s goal is to support small farmers, develop rural agriculture and assist the local development of the food product manufacturing sector, says expert.

The combined current account balance of oil exporters in the GCC region is likely to shift from a deficit of $6 billion in 2020 to surpluses of $165 billion in 2021.

The two countries discussed ways of enhancing educational, academic, and research cooperation.

Property owners list their property on Mazad Aqari and the platform does the rest in terms of evaluating the property, marketing and sales.

The birthplace of the Arab Spring uprisings, Tunisia has faced years of economic woes exacerbated by the coronavirus pandemic, with 18 percent unemployment and debt verging on 100 percent of gross domestic product.

Yanbu National Petrochemical Co (Yansab), of Saudi Arabia, has revealed that its net profit declined 8 percent to $47.7 million for the third quarter.

Egypt and Algeria have the largest number of Nobel winners in the Arab world, while Saudi Arabia, Qatar and the UAE are yet to produce one.

Sabic, WEF, and global companies will formalize the plan.

Saudi Arabia has scored 70.68 on the Maritime Connectivity Index.

Hundreds of supporters sported traditional Saudi headdress and flew flags of the Gulf kingdom ahead of the Magpies' first match since a £300 million ($412 million) takeover was given the green light by the Premier League.The protracted deal had been held up for over a year by a dispute over...

The new airline, Fly Aqaba, was set up with $20 million in private sector investment, said Nayef Bakhit, president of the Aqaba Special Economic Zone, quoted by Jordan's Petra news agency. Bakhit said it would start operations with two aircraft to serve Aqaba, the ancient archaeological site of Petra and...

There will be ample job opportunities in artificial intelligence, robotics, automation, advanced manufacturing, virtual reality, augmented reality and big data analytics.

Arabian Centres Company (ACC), the Saudi mall operator, is expecting an improvement in the business in the wake of the easing of Covid pandemic restrictions in the kingdom.

Savola Group of Saudi Arabia has bought out the Emirati snack maker Bayara Holding for $260 million.

For the first time in nearly seven years, the stock of Saudi Basic Industries Corporation (SABIC) has touched its highest level at SR134.60 on Sunday, according to Argaam.

The work on a $6.5 billion green hydrogen plant in Saudi Arabia's planned futuristic city NEOM is likely to begin in the first half of 2022, according to ACWA Power, one of the project partners. ACWA Power, which debuted on Saudi Arabia’s stock market on Oct. 4, expects to finalize...

Pictures and footage on Sunday morning showed people praying side by side, making straight rows of worshippers that are formations revered in performing Muslim prayers, for the first time since the Covid-19 pandemic took hold last year. Visitors, however, need to wear masks and must be fully vaccinated.

Public Investment Fund of Saudi Arabia has announced the launch of ‘THE RIG,’ a new tourism project on oil offshore platforms to be located in the Arabian Gulf.

While the country has scrapped social-distancing, it has not done away with the mask mandate.

The Saudi and UAE bourses saw quite some ups and downs in the week that began on Sunday, October 10.

Thousands descended on St James' Park when the takeover was finalised just over a week ago, celebrating the end of Mike Ashley's miserable 14-year reign as owner, as well as the potential of becoming one of the most powerful clubs in Europe.

Seven people were killed as snipers opened fire on a rally by Hezbollah, the powerful group allied with Saudi Arabia's regional rival Iran, and fellow Shiite movement Amal as they protested against a judge investigating last year's devastating port blast.

Saudi Arabia’s non-oil exports rose 37 percent to a record SR125.3 billion in the first half of 2021, SPA reported. Non-oil exports were SR91.7 billion in the first half of 2020.

The US sees Saudi Arabia as a vital partner and America is committed to the defense of the Kingdom, US Secretary of State Antony Blinken said.

For Asma, spending a day on the beach with her boyfriend was unthinkable until recently in deeply conservative Saudi Arabia. 

The rate of inflation in Saudi Arabia spiked in September after being at the lowest level in August, according to official data.

Sukuk momentum is expected to continue over the medium term supported by intact investor appetite, funding diversification and refinancing needs, Fitch Ratings has said in a report. “Sukuk supply-demand imbalance will continue to be a key growth factor but not without headwinds,” said Bashar Al-Natoor, Global Head of Islamic Finance,...

Saudi Arabia seeks to boost its economic output to reach $1.71 trillion, Saudi Investment Minister Khalid Al-Falih said on Wednesday.

This will help the bank address major issues in export credit.

The Saudi Industrial Development Fund has unveiled a set of programs and initiatives as part of its annual meeting to empower the private sector today.

The plots are said to have been issued under the country’s Sakani Housing program, which is a part of Saudi Arabia’s drive to increase homeownership among the Saudi families. More than 145,000 families have benefited from the program since the beginning of this year until August.

Regional rivals Saudi Arabia and Iran are showing signs of warming relations and a foreign diplomat in Riyadh has said that the two sides "were on the verge of agreeing" on a deal.

Qatar and Saudi Arabia lead the GCC countries when it comes to spending on education.

Saudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector, a position enjoyed by the UAE for many years.

A drop in Saudi joblessness during the second quarter of the current fiscal year from 11.7 percent to 11.3 percent is seen as a sign of a healing economy, according to investment bank Jadwa.

She has made a lucrative career as an intermediary for wealthy Gulf-based investors looking to invest in Europe through her company, PCP Capital Partners.

The main Saudi stock index closed trading on October 7, with an increase of 19.45 points, to close at the level of 11,591.33 points, with transactions worth 6.5 billion riyals.

Iraq's relations with Iran have improved since the fall of Saddam and, since 2017, the ties with Saudi Arabia have also become better.

Average monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490 during the second quarter of 2021, compared to SAR 9,970 in Q2-20.

FedEx Express is a subsidiary of FedEx Corp.

Iran is set to deliver more fuel in the coming days to Lebanon for distribution by the Shiite movement.

"Following the completion of the Premier League's Owners' and Directors' Test, the club has been sold to the consortium with immediate effect," the Premier League said. The consortium includes the Saudi crown prince's $430 billion sovereign wealth fund PIF, which is crucial to the country's strategy to create new sectors...

The memorable landmark was conceived as a minimalistic prism that rises from the ground towards the sky, symbolizing Saudi Arabia's unlimited ambitions.

The region is also fast adopting modern agricultural practices such as vertical farming, hydroponics, greenhouse vegetable production to grow more food locally. Indoor vertical farming is changing the course of agriculture in the GCC and helping to improve food security in the region.

Saudi Arabia banned the major broadcaster, which holds the rights to the English Premier League (EPL) and other top competitions, in 2017 at the start of a diplomatic and transport blockade of Qatar which ended in January. "Saudi Arabia's 4.5-year illegal ban on beIN is going to be reversed," a...

With an improvement in global oil demand, the World Bank has predicted Saudi Arabia’s average gross domestic product to reach 2.4 percent in 2021 and 3.3 percent the next year.

The market value of Aramco has exceeded $2 trillion after its shares vaulted to their highest level since the start of 2020.

The punishments could include monetary penalties, imprisonment, and then subsequent deportation.

A photo of Saudi Crown Prince with the Qatari emir and the UAE's security adviser shows youthful, physically fit leaders enjoying a friendly, informal get-together, writes Ali Shihabi

Bahrain plans to double its VAT rate to 10 percent, which is likely to drive its citizens to shop in the neighboring United Arab Emirates.