Oil prices rebounded more than 1 percent on Wednesday, recovering from the previous day’s fall, after the Organization of Petroleum Exporting Countries’ upwards revision for…
View More Oil Updates — Crude recoup losses; Saudi minister says OPEC+ to stick to production cut
Saudi Arabia’s inflation rate softened to 3 percent in February 2023, against 3.4 percent recorded in January, driven by a slight decrease in food and…
View More Saudi inflation softens to 3%: GASTAT
Saudi Arabia has agreed a $37 billion deal with US firm Boeing which will see the company manufacture up to 121 Boeing 787 Dreamliner aircraft.…
View More Saudi Arabia and Boeing strike $37bn deal for 121 aircraft
Saudi Arabia’s sovereign wealth fund has launched three new initiatives to support the private sector, as the Kingdom steadily progresses in its journey to achieve the…
View More PIF launches three new initiatives to support private sector in Saudi Arabia
Country scores 100% in 5 of 8 key indicators. The World Bank has ranked the UAE as the leading country in the Middle East and…
View More UAE tops Mena in World Bank’s women in business report
No father could be prouder of his son than Saif AlNeyadi, father of UAE astronaut Sultan AlNeyadi, the first Arab who flew to space for…
View More I’m really proud of Sultan, not because he is my son, but because he is a son of the UAE, says AlNeyadi’s father
Saudi Arabia’s inflation rate rose 0.2 percentage points month-on-month in January 2023 in a sign the Kingdom is getting to grips with the price increases…
View More Inflation in Saudi Arabia climbs 0.2% to hit 3.4%: GASTATUnited Arab Emirates – Dubai again is planning for the takeoff of flying taxis in this futuristic city-state on the Arabian Peninsula, offering its firmest details yet Monday for…
View More Dubai again plans for flying taxi takeoff, this time by 2026
External affairs minister S Jaishankar Monday said India and the UAE will play a significant role in re-shaping the global order. In his address at…
View More India, UAE want to use their relationship to shape changing world: EAM Jaishankar
Starting from 1 January 2023, private sector companies with 50 employees or more that have not raised Emiratisation targets by 2 percent of skilled jobs in…
View More MoHRE to impose AED72,000 fine on private companies that did not raise Emiratisation targets