Oil Updates — Crude Prices Slip; China Imports From Russia Hits 2.29m Bpd In May
Oil prices slipped on Tuesday after China cut its benchmark lending rates, sowing further concern over the demand outloo... Read more
Saudi Project Management Firm Jasara Ties Up With SAP To Accelerate Digital transformation
RIYADH: Saudi Arabia’s digital transformation journey is set to get a fillip as Jasara, a project management firm in... Read more
UAE In-Focus — Islamic Banks Assets Rise To $177bn In Q1
RIYADH: Reflecting the growing popularity of Islamic financing, gross assets of the Shariah-compliant banks operating in... Read more
Saudi Arabia Climbs 7 Places On World Competitiveness Index
RIYADH: The ongoing economic reforms in Saudi Arabia have elevated the Kingdom’s ranking to 17th position in the World... Read more
Qatar Strikes Second Big LNG Supply Deal With China
DOHA: Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a y... Read more
Saudi Arabia Eyes Defense Deals At Paris Show
RIYADH: Saudi Arabia is seeking to explore partnerships and investment opportunities at the Paris Air Show 2023, which b... Read more
Saudi Budget Airline Flynas Signs $3.7bn Deal With Airbus To Buy 30 Aircraft
RIYADH: Saudi Arabia’s budget airline flynas has signed a $3.73 billion agreement with Airbus to buy 30 aircraft, Saud... Read more
AI To Boost Global Enterprise Software Market To $14tn By 2030
RIYADH: Generative artificial intelligence is set to expand the global enterprise software market from $1 trillion curre... Read more
Saudi Arabia, France Should Intensify Joint Work To Achieve 2030 Goals, French Treasury Official Says
RIYADH: Saudi Arabia and France need to intensify joint work and develop new projects as both countries have a lot of ... Read more
The French Connection: Paris Event Is Gulf Business Showcase
PARIS: A landmark two-day business event showcasing opportunities for commercial partnerships between France and the Gul... Read more
Riyadh Event Helped Connect Arab World And China, Say Industry Leaders
RIYADH: Participants of the 10th Arab-China Conference that concluded in Riyadh on Monday are optimistic that the evolvi... Read more
Saudi-US Trade Records 39% Increase In 2022: Report
RIYADH: Oil and fertilizer exports helped Saudi Arabia record a 39 percent surge in trade with the US in 2022, demonstra... Read more
India, UAE Increase Non-oil Trade Target To $100bn By 2030
RIYADH: India and the UAE have mutually agreed on Monday to double the target of non-oil trade to $100 billion from $48 ... Read more
Closing Bell: Saudi Main Index At 11,423 As Trading Turnover Hits $1.65bn
RIYADH: Saudi Arabia’s Tadawul All Share Index gained 27 points, or 0.24 percent, on Monday to close at 11,423.13. ... Read more
Efforts On To Improve Air Connectivity Between Arab World And China
RIYADH: Chinese visitors will play a key role in helping the Kingdom achieve its goal of becoming a leading global touri... Read more