Oil prices rose more than $1 a barrel on Monday, with OPEC and its allies on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week.
Front-month Brent crude futures , for September, touched an intraday high of $66.63 a barrel and were up $1.72, or 2.7%,...
The Directorate General of Passports (Jawazat) has started receiving applications from expats for electronic permits to enter Makkah.
Applications have to be submitted through Muqeem portal at https://portal.elm.sa
An applicant must fill in information and submit the required documents to...
The Kingdom’s GDP witnessed 2 per cent growth during the first quarter of 2019, compared with same period of 2018, the Jordan News Agency, Petra, reported.
Meanwhile, the GDP witnessed 1.9 per cent growth during the entirety of 2018 when compared with...
noon.com, the home-grown digital marketplace, held an event to celebrate its sellers in Riyadh, KSA, recently. The e-commerce platform is helping transform the businesses of small and medium local companies, enabling sellers in Saudi to deliver across the Kingdom, giving them the tools they need to ...
Moody's said Jordan's stable credit rating (B1) would become more flexible with the resumption of financial consolidation this year and proposed structural reforms.
The resumption of fiscal consolidation is expected to put Jordan's public debt ratio on the path of gradual...
The regional executive director of international port operator Hutchison Ports, Andy Tsoi, was in Saudi Arabia on Saturday to discuss his company’s joint-venture partnership with the Maritime Company for Navigation (MACNA), International Ports Services — the largest concession at the...
Liberty Steel, part of Sanjeev Gupta’s global GFG Alliance, today completed the acquisition of seven major steelworks and five service centres across seven European countries from ArcelorMittal.
The €740 million deal makes Liberty Steel one of the top ten producers...
Reinforcing its commitment to the localization of the domestic military industries, Saudi Arabian Military Industries (SAMI) on Sunday announced that it has signed a Memorandum of Agreement (MoA) with a Korean conglomerate to explore the formation of a joint venture company (JVC) in Saudi...
Costa Coffee, the UK-based coffee shop company with nearly 4,000 locations in more than 32 global markets, and Alghanim Industries, one of the largest privately-owned companies in the Gulf region, has today announced an expansion of their successful partnership. Moving forward, Alghanim...
Konica Minolta Business Solutions Middle East participated at the second annual Operational Excellence (OPEX) Week Middle East: Business Transformation Leaders’ Summit held in Dubai.
Larry Leow, Professional Services Group Manager Konica Minolta Business Solutions Middle...