RIYADH — Saudi Arabia's crude oil exports in September rose to their highest level in 3 months, data from the Joint Organizations Data Initiative (JODI) showed on Monday.
Exports in September rose by 0.080 million barrels per day to 5.751 million (...)
MUSCAT — Chief of Staff of the Naval Forces Lieutenant General Mohammed Al-Gharibi began an official visit to Oman, during which he met with a number of senior Omani officials.
During the meeting with the Commander of the Royal Navy of Oman Major (...)
RIYADH — Saudi Arabia and seven other OPEC+ countries decided to extend additional voluntary cuts of 2.2 million barrels per day (bpd) for one more month until the end of December 2024.
The OPEC Secretariat said in a statement that the eight OPEC+ (...)
JEDDAH — The Saudi national football team has fallen three places in the latest FIFA monthly rankings, landing at 59th in the world after previously holding the 56th position.
This decline follows disappointing results in the World Cup 2026 (...)
Lulu Retail Holdings, operator of one of the largest hypermarket chains in the Middle East, commenced its initial public offering (IPO) on Monday, with expectations from bankers that it could be the largest in the UAE this year.
The offering by the (...)
RIYADH — The General Authority of Civil Aviation (GACA) President Abdulaziz Al-Duailej announced on Monday that Saudi Arabia is solidifying its position as a global leader in search and rescue operations. "Saudi Arabia has proposed the designation (...)
ever Gulf-European Summit was concluded in Brussels on October 16 with disseminating a powerful message of unity. Leaders from both sides left the Belgium capital with a renewed commitment to deepening their collaboration in politics, security, and (...)
RIYADH — Minister of Investment Khalid Al-Falih announced that four Saudi airports will be available for private sector management during the year 2025. Addressing the first edition of the Global Logistics Forum at the King Abdullah Financial Center (...)
RIYADH — Saudi Arabia and Oman discussed on Wednesday enhancing the trade and economic partnership between the two countries at a time when the trade volume between the two neighbors reached SR 36.8 billion and the Saudi exports to Oman amounted to (...)
RIYADH — Revenues from ticket sales in Saudi cinemas amounted to SR421.8 million ($112.4 million) during the first half of 2024, amid reduced ticket prices and government incentives to boost activity.
According to a statement issued by the Saudi (...)
NEW YORK — The Ministerial Meeting of the Gulf Cooperation Council (GCC) and the United States has reaffirmed that a durable peace is essential for a more integrated, stable, and prosperous region. The ministers expressed deep concern over recent (...)
RIYADH — Saudi Arabia and 7 other OPEC+ countries have agreed on Thursday to extend their voluntary oil supply cuts until the end of November, 2024. In a virtual meeting, these countries decided to postpone a planned output increase amid falling (...)
RIYADH — The Saudi non-oil trade balance recorded a significant surplus with Gulf Cooperation Council (GCC) countries in the second quarter of 2024, reaching SR6.776 billion, marking a remarkable 600% annual growth compared to SR1.033 billion during (...)
RIYADH — On behalf of Custodian of the Two Holy Mosques King Salman, Crown Prince and Prime Minister Mohammed bin Salman administered the oath of office and secrecy to a number of newly appointed Saudi ambassadors to friendly countries in a ceremony (...)
Universal Inspection Co. Ltd (UIC), established in 2010 in the Kingdom's largest industrial city of Jubail, has rapidly emerged as one of the world's top service providers for calibration, testing, inspection, and training services. With a presence (...)
RIYADH — A total of 8.6 million tourists from five Gulf Cooperation Council (GCC) states visited Saudi Arabia during the year 2023 and their total spending accounted for more than SR15 billion, according to the Saudi Ministry of Tourism. These (...)
HONOR, the global technology brand, launched regionally yesterday the all-new HONOR 200 Series at a spectacular launch event in Dubai. The series introduces two cutting-edge models, the HONOR 200 Pro and HONOR 200, promising to reshape the (...)
RIYADH — The Ministry of Foreign Affairs expressed Saudi Arabia's praise for the measures taken by the competent authorities in Oman and the speed and efficiency of dealing with the shooting incident in Wadi Al Kabir area in Muscat Governorate.
The (...)
A search operation is under way to locate 16 missing crew members, 13 of whom are Indian, after an oil tanker capsized off the coast of Oman.
An Indian official told the BBC that the foreign ministry was coordinating the operation with Oman's (...)
Four people have been killed in a shooting near a mosque in Oman's capital Muscat, the country's police say.
In a brief statement, they say "a number" of people were also injured in al-Wadi al-Kabir area.
Officers responded to the incident, and an (...)
The Shura Council in the Sultanate of Oman has submitted a draft income tax law to the State Council, marking a significant development in the country's fiscal policy.
The initial draft of the income tax law was introduced in 2022, proposing a tax (...)
The Visa Everywhere Initiative (VEI) is a global innovation program that sees local fintechs pitch their ideas to solving real commerce challenges, further enhance their product propositions and provide innovative payment solutions for Visa's (...)
RIYADH — The draw for the third round of the Asian Cup qualifiers for the 2026 World Cup has placed the Saudi national team in Group C, which has been labeled the "Group of Death", it was revealed at the draw held in Kuala Lumpur on Thursday.
Group (...)
JEDDAH — Leaders of the Gulf Cooperation Council (GCC) states congratulated Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman over the smooth and successful conduct of the annual pilgrimage of (...)
Sweden and Iran carried out a prisoner exchange on Saturday, Sweden freeing a former Iranian official convicted for his role in a mass execution in the 1980s while Iran released two Swedes being held there, Reuters reported. The prisoner swap was (...)
