Brazil Presidents Saudi Visit Shows Desire For Stronger Ties
SAO PAULO: The visit of Brazil’s president to Riyadh on Nov. 28-29 with a delegation of ministers and businesspeople s... Read more
Saudi Arabia Extends 1 Million Bpd Voluntary Cuts Until Q1 2024
RIYADH: Saudi Arabia on Tuesday decided to extend its voluntary crude output cuts of 1 million barrels per day until the... Read more
Saudi Aramco Sets LPG Contract Prices For December
RIYADH: The Saudi Arabian Oil Co., also known as Saudi Aramco, kept the official selling prices for liquefied petroleum ... Read more
Closing Bell: Saudi Main Index Rises To Close At 11,177
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 74.43 points, or 0.67 percent, to close at 1... Read more
Saudi Arabia Railways, Al-Jabr Enter 4-year Vehicle Transport Deal
RIYADH: Saudi Arabia Railways and Al-Jabr Automotive have collaborated to transport thousands of vehicles annually by tr... Read more
Business & Philanthropy Forum To Highlight Inclusive Approach For Equitable Climate Solutions
DUBAI: As global leaders converge on Dubai to attend the UN COP28 to discuss ways to mitigate the effects of climate cha... Read more
Saudi Arabia Studies Graphite, Rare Earths Trading Platform — Minister
LONDON: Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, includ... Read more
Dubai Taxi Co. Sees Tremendous Demand Worth $41bn For Oversubscribed Offering
RIYADH: Dubai Taxi Co. hit a record high for its 1.2 billion dirhams ($315 million) initial public offering, with orders... Read more
Chinas Factories Fall Deeper Into Contraction, More Policy Support Expected
BEIJING: China’s manufacturing activity shrank for a second straight month in November and at a quicker pace, suggesti... Read more
Expo 2025 Host Osaka Congratulates Riyadhs Expo 2030 Win
TOKYO: Osaka Gov. Yoshimura Hirofumi congratulated Saudi Arabia after Riyadh was named the venue for Expo 2030. “As ... Read more
Turkiyes Central Bank Raises Interest Rate To 40% To Tame Rising Inflation
RIYADH: For the 6th consecutive time, Turkiye’s central bank has raised the one-week repo rate to 40 percent, signalin... Read more
Koreas CJ Logistics Partners With Nesma To Widen Footprint In The Middle East
RIYADH: Saudi Arabia’s logistics sector is set to undergo positive transformations thanks to a new agreement between ... Read more
UN Chief, El-Sisi Call For multilateral Development Banks Reform
RIYADH: Multilateral development banks need urgent reform to help meet the financial needs of developing countries, the... Read more
Closing Bell: Tadawul Slips Slightly To Close At 11,078
RIYADH: Saudi Arabia’s Tadawul All Share Index shed 21.90 points or 0.20 percent on Thursday to close at 11,078.08. ... Read more
UAEs Masdar And Emirates Steel Arkan Partner To Decarbonize Hard-to-abate Steel Sector
RIYADH: The UAE’s hard-to-abate steel sector is on course to witness accelerated decarbonization efforts thanks to a n... Read more