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Nike announces suspension of online sales in Turkey after customs increase
The American company Nike announced the suspension of its online sales in Turkey via its website and mobile application, days after a...
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Russia: July oil production exceeded OPEC+ quota
Russia's oil production in July exceeded the quotas set by the OPEC+ alliance. But the Russian Energy Ministry pledged on Friday to stick...
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Toyota vows to improve vehicle safety after 'major crisis'
Toyota Motor Corp. vowed Friday to strengthen oversight of vehicle safety certifications to prevent a repeat of a recent problem with...
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ADQ acquires minority stake in Sotheby’s auction house
ADQ, an investment holding company in the Emirate of Abu Dhabi, and Sotheby’s, the world’s leading fine art and luxury auction house,...
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Wall Street rises after US jobless claims fall
Wall Street's main indexes opened higher on Thursday, supported by better-than-expected labor market data that helped ease concerns about...
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Zain Kuwait's profits fall 9% in Q2
The financial results announced by Zain Group, the Kuwaiti mobile telecommunications company, on Thursday on the stock exchange website...
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Egypt, UAE sign agreement to establish petroleum logistics zone
Egypt and the UAE signed a memorandum of understanding on Thursday to cooperate in the field of petroleum, which included establishing a...
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The Egyptian Ministry of Petroleum discusses increasing production with these two companies
The Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, held several bilateral meetings and discussions with Eng. Ali...
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Oil rises from multi-month lows amid rising regional tensions
Oil prices rose on Wednesday from multi-month lows on concerns that the escalating conflict in the Middle East could hurt oil production...
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Who is the “banker to the poor” who took over as Bangladesh’s prime minister?
Nobel Peace Prize laureate and “banker to the poor” Mohammad Yunus has taken over as interim prime minister of Bangladesh, two days after...
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Global stock markets rise after a day of panic
Japanese and European stock markets rebounded on Tuesday after panic gripped financial markets on Monday, amid fears of a recession in...
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Saudi Aramco expects oil demand to grow in second half
Saudi Aramco Chief Executive Amin Nasser said on Tuesday he expects oil demand to grow by between 1.6 million and 2 million barrels per...
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Egypt's net foreign assets positive for second consecutive month
Egypt’s net foreign assets were positive for the second straight month in June after being deeply negative for more than two years,...
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The richest man in the world.. Elon Musk maintains his position
American billionaire and CEO of Tesla, Elon Musk, maintained his position as the richest man in the world, according to the Forbes list...
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Middle East tensions push regional stock markets lower
Stock markets in the Middle East fell on Sunday amid tensions in the Middle East and fears of a wider escalation in Gaza. Stock moves...
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Oil falls in a week to its lowest level in about 8 months
Oil prices ended last week on a high note, hitting their lowest levels since January on Friday after new UK technology data showed more...
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Massive layoff plan leads to collapse of Intel shares
Shares of US semiconductor maker Intel plunged 28 percent on Wall Street on Friday in New York after the company announced a major plan...
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Slowing online sales growth sends Amazon shares down 12%
Amazon.com Inc. shares plunged more than 12 percent on Friday after the company reported slower online sales growth in the second quarter...
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Kuwait Finance House decides to exit the Malaysian market
Kuwait Finance House (KFH) announced yesterday, Wednesday, that it has decided to voluntarily exit the Malaysian market and liquidate its...
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Launch of negotiations on a free trade agreement between the Gulf States and Indonesia
The Secretary-General of the Cooperation Council for the Arab States of the Gulf (GCC) Jassim Mohammed Al-Budaiwi and the Minister of...
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