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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.
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Lufthansa and Etihad last month signed a flight code-sharing deal after Lufthansa agreed to lease 38 crewed planes from airberlin, which is part-owned by Etihad. (Wikimedia Commons)
January 18th, 2017 - 07:00 GMT

Etihad dismisses reports of Lufthansa merger as 'mere speculation'

The growth of the renewable energy sector in Saudi Arabia is an opportunity for job generation. (Shutterstock)
January 17th, 2017 - 11:00 GMT

Saudi Arabia's renewable energy program targets up to $50B investment by 2032

Iraqi forces moving 'faster than expected' on Mosul, said Iraq's Prime Minister. (AFP/File)
January 17th, 2017 - 10:58 GMT

Iraqi forces almost have full control of Daesh stronghold Mosul

Shakira urges Davos elite to nurture future leaders. (Khaleej Times)
January 17th, 2017 - 10:39 GMT

Shakira receives humanitarian award at World Economic Forum in Davos

A view of the US Capitol Building in Washington, DC. (AFP/Brendan Smialowski)
December 2nd, 2016 - 06:00 GMT

US Senate extends Iran sanctions for 10 more years


Low commodity prices, political uncertainty and weak foreign investor interest is weakening major African economies. (Wikimedia Commons)
October 18th, 2016 - 12:00 GMT

Out of Africa: Emirates curbs flights to the Dark Continent due to economic challenges

A small number of potential buyers from the Middle East are vying for Oger's stake in Arab Bank, including Saudi Arabia's al-Hokair family. (File photo)
October 17th, 2016 - 10:58 GMT

Saudi Oger looks to offload its 20 percent stake in Arab Bank

Smoke rises from a building believed to be a Daesh safehouse in Gaziantep, Turkey. (Twitter)
October 16th, 2016 - 02:00 GMT

Suicide bomb hits Turkey’s Gaziantep during raid on Daesh safehouse

Officials from the US, Russia, Syria, Egypt, Qatar, Iraq, Iran, Turkey, Jordan and the UN gather to speak during a meeting to revive a ceasefire in Syria, in Lausanne, on October 15, 2016. (AFP/Jean-Christophe Bott)
October 16th, 2016 - 09:12 GMT

Latest Syria negotiations come up short yet again: No ceasefire reached

Militants hit military institutions around North Sinai and in the port town of Suez. (AFP/File)
October 16th, 2016 - 05:00 GMT

Militancy continues to scourge North Sinai in Egypt as attack on checkpoint kills dozens

Egypt announced in 2014 ambitious plans to develop renewable energy, including wind and solar projects to be installed over three years. (File photo)
October 12th, 2016 - 11:02 GMT

Egypt's transport ministry goes solar

In April, Saudi Aramco signed a $23B contract with the EGPC to supply Egypt with 700,000 tonnes of oil products monthly over a five-year period. (File photo)
October 11th, 2016 - 07:00 GMT

Saudi Aramco insists halted oil shipments to Egypt are temporary

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