Skype founder gives thumbs-up to European IT sector
Skype co-founder Niklas Zennstrom on Wednesday praised European information technology, saying 2015 had been an "amazing year" for the sector.
"This is the most exciting...
MIDEAST STOCKS-Oil weighs on Saudi; Egypt firm
Saudi Arabia's stock market fell early on Tuesday as oil struggled to recover from Monday's sharp losses, while Egypt remained positive.
The main Saudi stock...
Saudi fiscal reserves slide to 4-year low on weak oil
Saudi Arabia's fiscal reserves dropped to a four-year low last year as the government sought to finance a budget deficit caused by plunging oil...
KACST head to highlight Saudi investment scenario
Prince Dr. Turki Bin Saud Bin Mohammed Al Saud, president of King Abdulaziz City of Science and Technology (KACST), will be addressing participants of...
Could UAE solar push lead a trend for the Gulf?
As the Gulf states take steps to expand their use of clean energy, a bold plan by the United Arab Emirates to boost its...
Qatar gasoline prices hike by 30 percent at midnight
Qatar will raise its subsidized gasoline prices by at least 30 percent at midnight Friday, the state fuel company said, the latest Gulf country...
A blow in the nerves of Asian markets after China Virus-outbreaks
Asian markets witnessed lower rates on Friday upon the rapid spread of a viral illness in China.
The Coronavirus infection has killed at least 25...
Saudi reform plan pleases markets
A sweeping economic reform plan announced by Saudi Arabia on Monday pleased the financial markets but fell short of convincing sceptics that the kingdom...
Germany, Europe’s largest economy, struggles
The Eurozone economy struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.
The state statistics agency said Friday there...
52% of Saudis lack savings
A recent economic study reveals nearly one-third of Saudis suffer from an inability to strike a balance between financial expenditures and income, and achieve...
