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The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)

September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.

The resumption of Saudi oil deliveries to Egypt signal a potential thaw in relations after months of tension. (AFP/Hassan Anmar)

March 21st, 2017 - 07:00 GMT

Saudi Aramco to resume oil shipments to Egypt after six month suspension

Republican presidential candidate Donald Trump looks meets with Egyptian President Abdel Fattah el-Sisi at the Plaza Hotel on September 19, 2016 in New York. (AFP Photo/Dominick Reuter)

March 20th, 2017 - 12:00 GMT

Trump to host Egypt’s President Sisi in Washington in early April

Kuwait is expected to be the only Gulf state with a budget surplus this year. (File photo)

March 20th, 2017 - 11:35 GMT

Is Kuwait’s foreign bond sale enough to balance its budget?

Saudi Arabia has sought to boost oil sales to China after losing market share to Russia last year. (File photo)

March 19th, 2017 - 12:33 GMT

Saudi Arabia to boost oil exports to China

This image shows displaced residents of western Mosul fleeing their neighborhood on March 15, 2017, as Iraqi forces continue to advance in the embattled city against Daesh occupiers. (AFP)

March 18th, 2017 - 08:16 GMT

On the breaking point: UN unable to accommodate refugees fleeing west Mosul

A Palestinian protester throws a stone towards Israeli security forces during clashes following a weekly demonstration against the expropriation of Palestinian land by Israel in the village of Kfar Qaddum, near Nablus, in the occupied West Bank on March 17, 2017. (AFP/Jaafar Ashtiyeh)

March 18th, 2017 - 07:00 GMT

Head of UN agency resigns following report accusing Israel of being ‘apartheid’ state

Ahmad Ahmad (2ndL) of Madagascar reacts after being elected the new president of the Confederation of African Football (CAF) in Addis Ababa on 16 March 2017, ousting veteran leader Issa Hayatou after 29 years in office.
Zacharias Abubker / AFP

March 17th, 2017 - 12:17 GMT

Issa Hayatou loses CAF presidency, Ahmad wins

Turkish European Union Affairs Minister Omer Celik addresses ongoing tensions between the EU and Turkey over refugee deal. (AFP/File)

March 15th, 2017 - 03:00 GMT

Turkey questioning EU refugee deal

A ship, believed to be registered under a company in the UAE, was hijacked off the coast of Somalia. (Shutterstock)

March 15th, 2017 - 12:00 GMT

UAE ship hijacked by Somali pirates, demanding ransom for release of ship and crew

Starbucks operates nearly 600 stores in 12 countries in the Middle East and North Africa. (File photo)

March 13th, 2017 - 06:59 GMT

Has the #BoycottStarbucks anti-refugee campaign succeeded in hurting the coffee giant?

Russia suspended all its flights to Egypt following the Russian plane crash in Sinai in October 2015. (File photo)

March 13th, 2017 - 03:00 GMT

Russia, Egypt finalize security protocol to resume flights

In Dubai, the price of 24-karat gold was at Dh146 per gram as of Sunday, which is Dh6.25 cheaper than in the beginning of the month. (Pexels.com)

March 13th, 2017 - 07:29 GMT

Is it time again to go for gold?