Economy

Route will operate with A330-200 aircrafts, offering an annual capacity of 35,880 seats

UAE-based air services provider dnata has been awarded the International Air Transport Association's (IATA) Centre of Excellence for Independent Validators (CEIV) accreditation for safely handling lithium batteries at 11 stations worldwide, a statement sh...

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has seen the total value of its assets spike 21% to $940.3 billion, the Sovereign Wealth Fund Institute (SWFI) reported in its latest update.

The 2024 bull run promises potential massive gains for investors willing to seek exposure to the right digital assets, for instance, meme coins and other

Saudi oil giant Aramco disclosed a profit of USD 121 billion for the year 2023, marking a decline from its record-breaking performance in 2022, attributed to reduced energy prices.

RIYADH: Christophe Farnaud, the EU ambassador to Saudi Arabia, Bahrain, and Oman, outlined the bloc’s three priorities regarding the Gaza crisis: humanitarian assistance, joint action, and the search for a long-term solution.

Aramco chief sees healthy global oil market throughout 2024 Oil giant may partner with MidOcean outside of Australia Discussions ongoing for Renault-Geely engines tie-up Looking at LNG opportunities in U.S. DUBAI, March 10 (Reuters) - Saudi A...

JEDDAH: More than 2 billion Muslims worldwide are embarking on the sacred journey of Ramadan, a holy month that goes far beyond abstaining from food and drink.

Dubai's non-oil sector rose to a five-year high in February, the highest level since May 2019, amid a significant surge in new order volumes, supported by healthy market conditions coupled with stronger sales efforts, a business survey showed Monday.

First Mills reported a 5.5% growth in revenues to $257.1 million (SAR 964.3 million) in 2023, primarily due to increased sales of flour

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) announces the launch of 144 projects worth AED66 billion ($17.97 billion) across the emirate.

‘Business hubs such as Abu Dhabi Global Market have now been operating for a while and are on the radar screen of every entrepreneur as a potential destination where businesses can be established.’ (Reuters)

Several new venture capital funds were set to launch, it was announced during LEAP 2024, Kingdom’s highly attended startup and technology event. (Supplied)

Start-ups and investors say attending the Leap tech conference is about building relationships for a market seen as ‘like China in the late 90s’ Saudi Arabia is seen by some as a growth market where sanctioned companies like Huawei and DJI can compete...

The newest update video published by Saudi Arabian state project delivery body Neom reveals rapid progress on the ambitious The Line city project, with millions of cubic meters of earth and water being moved ‘around the clock.’

An Instagram influences who had become close to the head of Saudi Arabia’s £500bn sovereign wealth fund received a multi million-pound fee from the takeover of Newcastle United despite not playing “any substantive role”, it has been alleged...