Browsing: Saudi Arabia

ADNOC Distribution reported a 20.7% year-on-year rise in first-quarter net profit attributable to shareholders to AED 771 million, or about $210 million, for the period ended March 31, as EBITDA rose 11.7% to AED 1.129 billion. Revenue increased 4.3% to

MUSCAT: Gulf Cooperation Council countries outperformed the global average in the 2026 Economic Freedom Index, with the bloc posting an average score of 66.9 against a world average of 59.9, according to data released by the GCC Statistical Centre. The

RIYADH: Saudi Arabia has placed a temporary ban on imports of poultry meat and table eggs from Indonesia under updated health controls published by the Saudi Food and Drug Authority, tightening access for Indonesian products to one of the region’s

BEIRUT: The United Nations Economic and Social Commission for Western Asia said the Arab region’s economy is projected to expand 3.7% in 2026, accelerating from an estimated 2.9% in 2025, as parts of the region extend a gradual recovery while

BEIJING: China has outlined a renewed push to expand the global role of the renminbi, also known as the yuan, alongside new measures aimed at strengthening cross-border settlement channels and building financial infrastructure in Shanghai. In an essay published by

VIENNA, November 2, 2025: Eight member countries of the OPEC+ alliance announced on Sunday that they will pause oil production increases during the first quarter of 2026, following a virtual meeting to assess global market conditions and seasonal demand trends.

Saudi Crown Prince Mohammed bin Salman and Egyptian President Abdel Fattah El-Sisi held a high-level meeting in NEOM on Thursday to strengthen bilateral ties and address the deteriorating humanitarian and political situation in Palestine. The talks come amid intensified regional

On behalf of President Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, led the United Arab Emirates (UAE) delegation to the Gulf-US Summit held on Wednesday in

Saudi Crown Prince and Prime Minister Mohammed bin Salman and Indian Prime Minister Narendra Modi co-chaired the second meeting of the Saudi-Indian Strategic Partnership Council in Jeddah on April 22, 2025. The high-level talks concluded with an agreement to expand

United Nations Secretary-General António Guterres has welcomed the recent Black Sea security talks held in Saudi Arabia, involving the United States, Russia, and Ukraine. These high-level discussions aimed to advance maritime safety and address broader issues stemming from the conflict