Global Markets – Oil Jumps As US, UK Strike Houthis In Yemen, Shares Subdued
SYDNEY: Asian shares were subdued on Friday as the escalating conflict in the Red Sea region sent oil prices surging, wh... Read more
Saudi Investment Ministry Signs Deal With UK Firm To Capitalize On Kingdoms Natural Resources
RIYADH: Saudi Arabia’s investment ministry on Thursday signed an agreement with UK-based Power Metal Resources it said... Read more
UAE, Costa Rica Agree Terms On A Comprehensive Economic Partnership Agreement
ABU DHABI: The UAE Minister of State for Foreign Trade Dr. Thani bin Ahmed Al-Zeyoudi and his Costa Rican counterpart Ma... Read more
Riyadh, Amman Sign Deal To Boost Cooperation In Energy Sector
RIYADH: Saudi Arabia and Jordan on Thursday signed an agreement to increase cooperation in the energy sector. The deal... Read more
Saudi Arabia Signs MoU With Brazils Vale For Iron Ore Project
RIYADH: The Royal Commission for Jubail and Yanbu on Thursday signed a memorandum of understanding with Brazilian mining... Read more
Maaden Achieves Global Recognition For Ultra-low Carbon Ammonia Production
RIYADH: Saudi Arabian Mining Co. has secured international recognition with a certificate for producing 614,000 tons of ... Read more
Sustainable Future For Mining Industry Requires Value Chain Integration, Experts Say
RIYADH: A sustainable future for the value chain within the mining industry hinges on an integrated system that involves... Read more
Saudi Arabia, Canada Agree To Re-exchange Trade Delegations
RIYADH: Saudi Arabia and Canada have agreed to re-exchange trade delegations after it was suspended for five years. ... Read more
AI Will Help Find High-potential Mining Targets In Worlds First Geoscience Data Analytics Center
RIYADH: Saudi Arabia is set for a groundbreaking technological venture in the mining sector with the launch of the Geosc... Read more
Al-Habtoor Group Initiates Legal Action Against Lebanon Over Investment Treaty Breaches
RIYADH: Business conglomerate Al-Habtoor Group has issued a formal notice against Lebanon for violating its bilater... Read more
Oil Updates – Prices Higher On Fed Comments On Inflation, Middle East Tensions
LONDON: Oil prices gained on Friday, after minutes from a Federal Reserve meeting suggested inflation was under control... Read more
Global Markets – Stocks Set To Snap 9-week Winning Streak On Interest Rate Rethink
LONDON/TOKYO: Global equities were on course to snap a nine-week winning streak, government bonds sold off, and the doll... Read more
World Food Price Index Ends 2023 Some 10 Percent Below 2022 Levels
LONDON: The UN food agency’s world price index ended last year about 10 percent below its 2022, with values in Decembe... Read more
Saudi Arabia Issued 130 Industrial Licenses In November 2023
RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources issued 130 industrial licenses in November 2023, com... Read more
Saudi Health Insurance Sector Eyes 25m Beneficiaries By 2030: Report
RIYADH: Health insurance companies in Saudi Arabia are looking to extend their coverage to 25 million beneficiaries by 2... Read more