Business

UAE announces new economic and partnership group with Saudi Arabia

UAE announces new economic and partnership group with Saudi Arabia

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

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

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

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

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

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

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

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”

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?

“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

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

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

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Oil prices rise on tighter US market, Middle East tensions

Oil prices rise on tighter US market, Middle East tensions

Oil prices rose on Wednesday, lifted by a fall in US crude inventories and concerns that tensions

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LuLu Group to Expand to the Philippines

LuLu Group to Expand to the Philippines

LuLu Group, which runs hypermarkets in GCC, Egypt and India, eyes to expand its footprints in Sou

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UAE residents to pay double for tobacco products

UAE residents to pay double for tobacco products

A pack of 20 cigarettes will now set smokers back about Dh22

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