Category: Business & Finance

Oil prices plunged about 5 percent to an eight-month low on Friday as the US dollar hit its strongest level in more than…

Arabian Pipes Co. has won an order worth SR55 million ($41 million) from Saudi Aramco to supply oil and gas steel pipes. The…

Abdulaziz & Mansour Ibrahim AlBabtain Co.’s initial public offering price range has been set at SR68-77 ($18-21) per share. The Riyadh-based firm will…

Non-oil foreign trade between the UAE and Saudi Arabia jumped 92.5 percent over the last ten years as it hit 124.69 billion dirhams…

Saudi Arabia is expected to begin the pre-qualification process for the contract to develop two independent sewage treatment plants early next year, MEED…

Gulf Cooperation Council banks are returning to form after a strong first half of 2022, with earnings for most of them reaching almost…

Saudi Arabia has launched 2,957 new free lands for eight housing schemes under the government’s Sakani program that aims to boost the home…

Middle East and North Africa region’s largest air carrier Air Arabia has joined hands with Sudanese conglomerate DAL Group to launch a new…

The Saudi Railways Co. has partnered with global technology and urban mobility firms including Thales, Alstom, Siemens, and Deutsche Bahn to develop the…