Saudi

Saudi Arabia’s booming fintech sector is set to be boosted by an $80 million investment fund launched by Saudi Venture Capital Co.. The ‘Investment in Fintech VC Fund’ was launched in partnership with Saudi Arabia’s Capital Market…
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Saudi Arabia’s crude production rose by 18,000 barrels per day to 10.45 million in January, while global crude production fell for a third consecutive month to a seven-month low, according to the latest data from the Joint Organizations…
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The EU on Saturday welcomed an agreement between Saudi Arabia and Iran to resume diplomatic relations. “The European Union welcomes the announced agreement on resumption of diplomatic relations between the Kingdom of Saudi Arabia and the…
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The US said it was aware of reports that Iran and Saudi Arabia had resumed diplomatic relations on Friday, but referred further details to the Saudis, a White House National Security Council spokesperson said. Saudi Arabia and Iran…
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Brent oil fell on Tuesday, reversing the previous day’s gain, as fears that a global economic slowdown, and drop in fuel demand, amid aggressive interest rate hikes by the US central bank prompted investors to take profits. Brent crude…
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The Gulf Cooperation Council’s new Secretary General Jassem Mohamed Albudaiwi met with the British ambassador to Riyadh Neil Crompton on Wednesday. During the meeting, the two officials discussed the latest regional and international…
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The body of missing Saudi Arabian tourist Abdulrahman Al-Anazi was discovered early on Monday in Lake Erie in Cleveland, Ohio. Al-Anazi was reported missing after having a meal with friends and a relative on Friday morning, Jan. 27. They…
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Police in Cleveland, Ohio, USA, are investigating the disappearance of a 30-year-old Saudi man, at dawn on Friday, in a famous street in the city center. According to Cleveland police, it received a report at ten o'clock on Friday…
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In the United Arab Emirates and Saudi Arabia, business conditions improved in July as pricing pressures eased marginally and employment increased. According to S&P Global, input costs in the Arab world's two largest economies have…
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Saudi Arabia on Saturday welcomed the arrival of the first overseas pilgrims, marking the beginning of the Umrah season for the new Islamic year, the Saudi Press Agency reported. The new Umrah season began on Saturday, with authorities…
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