OPEC Keeps Outlook For 2023 World Oil Demand Unchanged
RIYADH: Keeping its forecast for global oil demand growth in 2023 unchanged at 2.3 million barrels per day or 2.3 perce... Read more
IMF Raises Saudi Arabias Growth Projection To 3.1% For 2023
RIYADH: The International Monetary Fund has raised its expectations for Saudi Arabia’s economic growth this year by 0.... Read more
Saudi ACWA Power To Develop $677m Desalination Project
RIYADH: Saudi energy firm ACWA Power has signed a water purchase agreement for the 600,000-cubic meter per day Rabig... Read more
Dubais Residential Market Reaches Record Highs In Q1: CBRE
RIYADH: Dubai property market continues to grow at an unprecedented rate, with the transaction volumes reaching record... Read more
Saudi Arabia Ranks 2nd In Global Study Of AI Awareness
RIYADH: Saudi Arabia ranks second globally for societal awareness of artificial intelligence, according to the 2023 Art... Read more
Money Supply In Saudi Arabia Rises 4.72% In Q1 Of 2023
RIYADH: Saudi Arabia’s money supply increased 4.72 percent during the first quarter of 2023, according to figures rele... Read more
Saudi Aviation Cements Pandemic Recovery With 82% Passenger Surge In 2022: GASTAT
RIYADH Air travel in Saudi Arabia is soaring thanks to an 82 percent surge in passengers to 88 million in 2022 compared ... Read more
OneWeb NEOM JV Becomes Member Of Digital Cooperation Organization
RIYADH: NEOM’s satellite company has joined a global multilateral body as it looks to play a part in acceleratin... Read more
Closing Bell: TASI Continues Downward Trend
RIYADH: After performing strongly for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index edged down for... Read more
Qatar Central Banks Auction Receives Bids Worth $2.7bn
RIYADH: Treasury bills and sukuk that were issued by the Qatar Central Bank on Thursday attracted 9.7 billion qatari riy... Read more
Saudi Tourism Development Fund To Implement 23 Projects Valued At $4.26bn
RIYADH: Tourism prospects in Saudi Arabia are getting brighter as the government continues to invest in the sector, wi... Read more
Saudi Privatization Drive picks Up Space as 140 Projects offered for Investment
RIYADH: Up to 140 projects in Saudi Arabia, including four airports and 4,500 km of road developments, are open fo... Read more
Saudi Industry Ministry Issues 18 Mining Licenses In February
RIYADH: Mining licences in Saudi Arabia continue to be handed out as the sector pushes ahead with growth, with 18 n... Read more
UAE Wrap: Pre-arrivals Total 33% Of Abu Dhabi Custom Clearance Transactions In Q1 2023
RIYADH: Pre-arrival clearance accounted for 33 percent of all customs transactions in Abu Dhabi for the first quarter of... Read more
Oil Updates – Prices Down Marginally Amid Uncertainty Over Imminent US Economic Data
Fri, 2023-03-31 09:18 BEIJING: Oil prices were very slightly down in Asian morning trade on Friday as bullish sentim... Read more