Business

Oil Updates — Crude drops; Algeria makes new oil discovery

Thu, 2022-09-01 12:19 RIYADH: Oil prices dropped on Thursday, as investors were worried that aggressive interest rate hikes from global…

4 years ago

Taiba Investments gives $115m Sheraton Hotel construction contract to ACC

RIYADH: Caribbean island nation Jamaica is expecting to receive at least 100,000 tourists from Saudi Arabia within the next three years,…

4 years ago

Jamaica expects Saudi tourist inflow to rise following new deal: Minister

RIYADH: Caribbean island nation Jamaica is expecting to receive at least 100,000 tourists from Saudi Arabia within the next three years,…

4 years ago

Emirates carried over 10m passengers this summer

RIYADH: Caribbean island nation Jamaica is expecting to receive at least 100,000 tourists from Saudi Arabia within the next three years,…

4 years ago

Hackers hit Italian oil company Eni’s computer networks

Wed, 2022-08-31 20:39 BENGALURU: Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be…

4 years ago

Mawani completes S4.5m expansion work of Jeddah Port to facilitate fast movement of trucks

Wed, 2022-08-31 16:38 RIYADH: The Saudi Ports Authority has inaugurated the Gate 9 of Jeddah Islamic Port following its expansion…

4 years ago

Kuwait launches advisory economic unit

Wed, 2022-08-31 01:33 KUWAIT: Abdulaziz Dakhil Al-Dakhil, the head of the Kuwaiti Prime Minister’s Office, announced on Tuesday the launch…

4 years ago

Oil Updates — Crude edges down; US emergency crude reserves fall; Trafigura urged to stop Russian diesel imports

Tue, 2022-08-30 14:57 RIYADH: Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared…

4 years ago

Foreign ownership in Saudi-listed stocks drops to $94bn in Q2

Tue, 2022-08-30 13:47 RIYADH: Ownership of foreign investors in the Saudi stock market’s main Tadawul All Share Index slipped down…

4 years ago

Iraqi Kurdistan’s oil output could halve without investment: Reuters

Tue, 2022-08-30 11:08 IRBIL: Oil production in the Iraqi region of Kurdistan could almost halve by 2027 if there is…

4 years ago