Arab Gulf stocks soft in early trade; Saudi insurer Metlife shares surge Yomna Yasser Oct 5, 2017 0 Stock markets in the Gulf were mostly weak in early trade Thursday with individual stocks reacting to…
MENA News Saudi king arrives in Russia for first visit Yomna Yasser Oct 5, 2017 0 Saudi Arabia's King Salman arrived in Moscow on Wednesday, the first official visit to Russia by a ruler of the…
Banks Saudi Arabia’s central bank paints rosy picture of economy Yomna Yasser Oct 5, 2017 0 Officials of Saudi Arabia’s central bank, holding a rare news conference on Wednesday, painted a highly positive…
MENA News Saudi king heads to Russia, with oil, investment and Syria on agenda Yomna Yasser Oct 4, 2017 0 The leaders of Saudi Arabia and Russia, the world's biggest oil exporters, are expected to discuss cooperation on…
Industry & Trade Saudi Arabia opens bidding for its first utility-scale solar power plant Yomna Yasser Oct 4, 2017 0 UAE-based Abu Dhabi Future Energy (Masdar) and EDF Energies Nouvelles, a wholly-owned unit of France-based EDF,…
MENA News Palestinian Cabinet convenes in Gaza in move to reconcile with Hamas Yomna Yasser Oct 3, 2017 0 Prime Minister Rami al-Hamdallah on Tuesday chaired his first meeting of the Palestinian Cabinet in Gaza in a move…
Industry & Trade Saudi Arabia, Russia to establish energy fund worth $1 billion Yomna Yasser Oct 2, 2017 0 Saudi Arabia and Russia plan to set up a $1 billion fund to invest in energy projects, Russian Energy Minister…
Real Estate Saudi Arabia lining up for $3 billion new city at Taif Yomna Yasser Oct 2, 2017 0 Plans were approved on Sunday for a $3 billion “new city” at Taif, with more than 10,000 homes, a culture and…
Blogging Only Trump wins from Saudi-Qatar rift Yomna Yasser Oct 2, 2017 0 Saudi Arabia's boycott of Qatar is playing havoc with Western markets and businesses, which for years depended on…
MENA News Qatar’s economy was already slowing before Gulf diplomatic rift Yomna Yasser Oct 2, 2017 0 Qatar’s economic growth was already slowing even before a Saudi Arabia-led bloc cut diplomatic and transport links…