Gulf banks are limiting their lending to minimize losses
Gulf central banks have introduced stimulus measures worth tens of billions of dollars including loan repayment holidays to distressed businesses and individuals and fee...
IMF gives China's currency prized reserve asset status
The International Monetary Fund admitted China's yuan into its benchmark currency basket on Monday, in a victory for Beijing's campaign for recognition as a...
US Solar Technology Firm Successfully Partners With Saudi Arabian Investor
Solexel, a leading US-based producer of high-performance solar PV technology, has successfully finalised a round of financing that included Riyadh Valley Company, the venture...
Large business scope for British ventures in Saudi Arabia
The opportunities for doing business in Saudi Arabia were explored during a day-long conference organized by the Middle East Association (MEA) and sponsored by...
Foreign governments press Saudi Arabia on workers' delayed wages
Foreign governments are pressing authorities and executives in Saudi Arabia to ensure that local construction firms make delayed salary payments to thousands of workers,...
Trade minister replaced amid economic crisis – Syrian government
Syria’s economy has been ravaged by nine years of war and western sanctions.
Syrian President Bashar Assad replaced Monday the internal trade minister as the...
Riyadh forum big boost for business
Custodian of the Two Holy Mosques King Salman will patronize the 7th Riyadh Economic Forum on Tuesday at Riyadh International Center for Exhibition and...
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...
OPEC oil production rises in September
OPEC oil output has risen in September from the month before, a Reuters survey found, as Iraq’s northern exports recovered from disruption that had...
Oil prices up in Asia ahead of OPEC meeting
Oil prices climbed in Asia Tuesday before a meeting of the OPEC oil cartel and a report on US commercial crude inventories which will...
