Business

Saudi to announce launch of household allowance system on Tuesday

Saudi to announce launch of household allowance system on Tuesday

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Lower-income Saudi households would be fully compensated for

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McDonald’s Malaysia refutes Israel ties after boycott calls

McDonald’s Malaysia refutes Israel ties after boycott calls

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The Malaysian franchise of McDonald’s Corp. said it was “disappointed” with cal

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Russia looks to overtake Qatar with $27bn LNG project

Russia looks to overtake Qatar with $27bn LNG project

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President Vladimir Putin on Friday launched a $27 billion liquefied natural gas plant in the Sibe

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UAE announces new economic and partnership group with Saudi Arabia

UAE announces new economic and partnership group with Saudi Arabia

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The United Arab Emirates on Tuesday announced it has formed a new economic and partnership group

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US firms invited to bid for Saudi nuclear plants

US firms invited to bid for Saudi nuclear plants

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Saudi Arabia has invited US firms to take part in developing its civilian nuclear power program,

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Chinese startup eyes Saudi Arabia, Dubai for ‘flying taxi’ rollout

Chinese startup eyes Saudi Arabia, Dubai for ‘flying taxi’ rollout

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Transport by taxi drone could soon be part of everyday life in Dubai after a Chinese startup told

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Saudi non-oil revenues up 80% as reforms pay off

Saudi non-oil revenues up 80% as reforms pay off

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Saudi Arabia’s economic reform plans are paying off, with an 80 percent hike in the country

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Volkswagen earmarks €10 billion to develop new energy vehicles in China

Volkswagen earmarks €10 billion to develop new energy vehicles in China

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Volkswagen Group said on Thursday it plans to spend €10 billion ($44.2 billion) by 2025 to d

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Saudi Arabia wants to be top tourism destination for Muslim travelers

Saudi Arabia wants to be top tourism destination for Muslim travelers

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Saudi Arabia wants to be the top global destination for Muslim tourists by the end of the decade

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Oil prices near 2-year high

Oil prices near 2-year high

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Oil prices rose on Friday, nearing their highest levels in more than two years, with buyers attra

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Oil prices to reach $56 a barrel next year, World Bank says

Oil prices to reach $56 a barrel next year, World Bank says

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Oil prices will edge up to $56 a barrel next year from this year’s $53 a barrel level on ri

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Apple iPhone X

Apple says iPhone X pre-orders are “off the charts”

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Apple Inc. quashed any concern of muted demand for its iPhone X on Friday, saying pre-orders for

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Blockade backfiring for Saudi businesses?

Blockade backfiring for Saudi businesses?

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“As you sow, so shall you reap”, so goes the proverb. The first sector that t

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Oil prices

Oil prices rise on tightening supply, strong demand

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Oil prices rose on Monday over supply concerns in the Middle East and as the US market showed fur

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Egypt says Bahrain, Kuwait and UAE to lift ban on its agriculture exports

Egypt says Bahrain, Kuwait and UAE to lift ban on its agriculture exports

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Bahrain, Kuwait and the UAE have agreed to lift a ban on imports of Egyptian agricultural product

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