Local Business

The record profits and cash flows of the world's biggest oil companies have enabled shareholders to reap significant return while...

Saudi Arabia's buy now, pay later platform Tamara reached a valuation of $1 billion in its latest equity funding round...

Saudi Arabia's Acwa Power has signed a power purchase agreement for South Africa's largest hybrid dispatchable renewable power project to...

Saudi Arabia's Jadwa Investment has fully acquired Dubai-based food and beverage operator Black Spoon Group, the parent company of restaurant...

Bab Al Mandeb, at the southern end of the Red Sea, has always been a theoretical maritime chokepoint – shown...

About 50 per cent of consumers are expected to significantly limit their use of social media by 2025 over concerns...

Saudi Arabia, the Arab world’s largest economy, has announced new rules to regulate the licensing of buy now, pay later...

DP World plans to move its head office to Expo City Dubai.The company has been based in Jebel Ali since...

RIYADH: The economic and trade relations between Oman and India are set to strengthen further as both nations recently signed...

Oil and gas should not be “demonised” in the short and medium term, Elon Musk, the founder and chief executive...