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Gold edged up on Friday, heading for its first week of gains in five on persistent worries over economic growth and a weekly decline in the dollar. A slide in US Treasury yields supported the safe-haven metal on the day, sending spot…
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A group of leading Saudi and French companies signed 27 memorandum of understanding at an investment forum in Jeddah as French President Emmanuel Macron met with Crown Prince Mohammed bin Salman today during his official trip to the Gulf…
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Riyadh is now home to the regional headquarters of 44 multinational companies — an increase of 20 since a drive was launched in January to attract more firms to Saudi Arabia’s capital city. Hosam Alqurashi, director of the Regional…
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French aerospace and defense provider Thales has signed a contract to maintain some signaling and communications equipment of Dubai Metro. The contract was awarded by French-Japanese consortium Keolis-MHI, which the Dubai transport…
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Lebanon’s state electricity company EDL said on Thursday it risked a total blackout across the country by September-end as its fuel oil reserves dwindle. Lebanon, in the throes of one of the worst economic meltdowns of modern history,…
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New Zealand Rugby confirmed a deal Wednesday for petrochemical giant Ineos to sponsor the All Blacks, in an agreement slammed by environmental watchdog Greenpeace. Ineos has signed a six-year deal which will put its logo on the shorts of…
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A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, was pulled late on Wednesday, four financial…
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The White House announced Friday it will impose sanctions on Belarus after it diverted a European flight and arrested a dissident on board. Press Secretary Jen Psaki, in a statement outlining the punitive measures, called the May 23…
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Organization of the opening ceremony for the much-delayed Grand Egyptian Museum (GEM) will be handled locally, officials revealed on Thursday. Due to the ongoing coronavirus disease (COVID-19) pandemic, bosses at the showpiece new Giza…
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Indian authorities have warned that big social media platforms that did not comply with new laws issued in the country three months ago may from Wednesday have their operations interrupted. Companies, including Facebook and Twitter, have…
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