RIYADH: Saudi Arabia’s main stock market, Tadawul, gained on Sunday as it reopened after the Eid break amid a rise in oil prices. TASI, the main index, added 0.6 percent to 13,820 points, while the parallel...
WASHINGTON: A US Senate committee is set to vote Thursday on a bill that could expose the OPEC oil producing countries and their partners to lawsuits for collusion on boosting crude prices, although similar moves have failed to...
Abu Dhabi’s 2021 Business Activity Report shows 21.5% growth in new economic licenses RIYADH: Abu Dhabi saw a 21.5 percent increase in new businesses being set up last year, according to a new report. The emirate’s...
RIYADH: Food and beverage trade in the UAE grew steadily to reach more than $20 billion in the first nine months of 2021, a new analysis from Dubai Chamber of Commerce shows.
The sector was supported...
More volatility is expected for U.S. investors as Ukraine concerns startle markets
NEW YORK: Geopolitical worries have added another layer of volatility to an already-jumpy market as investors priced in the possibility of escalating conflict between...
Oil rose more than 1 percent on Monday to the near 7-year highs hit in the previous session, while supply concerns and political tension in Eastern Europe and the Middle East put prices on track for their...
US Stocks post worst week since start of pandemic as Netflix disappoints investors
New York: Wall Street’s main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for...
Saudi oil exports and production continue to rise, highest since April 2020: JODI
Saud Arabia's crude oil exports and production went up again in November to reach their highest levels since April 2020, according to the Joint...
JEDDAH: Winner Mercedes’ British driver Lewis Hamilton (right) reacts with his trophy flanked by second-placed Red Bull’s Dutch driver Max Verstappen during the podium ceremony...
