policy

Saudi Arabia plans to stimulate urban policies to ensure coordinated services for residents by 2025 as part of its efforts to boost quality of life, says top minister. Speaking during the opening remarks of the first Global Smart City…
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The Saudi Export and Import Bank has signed an agreement to insure Saudi Basic Industries Corporation’s sales on a letter of credit basis across 40 countries against non-payment risks posed by the issuing banks, the bank said in a statement…
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The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that acknowledged the US economy’s surprising strength but also nodded to the tighter…
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The President of the Saudi General Court of Audit Dr. Hussam Alangari presided over the 20th meeting of the International Organization of Supreme Audit Institutions’ Policy, Finance, and Administration Committee that was held on Tuesday in…
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China on Thursday vowed to “safeguard” its interests against a new US policy to restrict investment in Chinese technology, accusing Washington of disrupting global supply chains. US President Joe Biden hours earlier announced an…
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The Israeli government’s extremist policies are threatening diplomatic ties with Arab countries amid efforts to normalize relations, political analysts and observers warn. On Wednesday, the Jordanian Parliament voted in support of a…
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The International Energy Agency has expressed its disappointment over the decision of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, to maintain oil output. Despite the surge in prices amid mounting…
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A Lebanese Shiite scholar has denounced Hezbollah, as well as its leader Hassan Nasrallah and his deputy Sheikh Naim Qassem, in a sermon published on his Facebook page and shared across social media. Sheikh Abdul Salam Dandach, from the…
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Oil prices rose on Tuesday as investors embraced expectations that oil producers will add supply at a meeting on Tuesday as a sign that fuel demand remains robust despite the spread of the omicron variant of COVID-19. Brent crude futures…
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OPEC and its allies will probably stick to their existing policy of modest monthly increases in oil output at a meeting next week, four sources said, as demand concerns raised by the omicron coronavirus variant ease and oil prices recover,…
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