Economy

Saudi Arabia’s Riyadh Air to launch inaugural flight on October 26

Riyadh Air will launch its inaugural flight on October 26, an important step in the airline’s operational plan, with London…

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Exxon eyes Iraq re-entry to explore Majnoon oil field: Reports

Oil major Exxon Mobil is considering re-entering Iraq after a nearly two-year hiatus by signing agreements that would lay the…

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How did gold top $4,000 for the first time?

Gold’s relentless rise reached another milestone on Wednesday as the precious metal hit $4,002.95 an ounce for the first time.…

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Egyptian voted in as next UNESCO director after US row

UNESCO executives voted Monday to make an Egyptian ex-antiquities minister the UN culture body’s next leader, as it grapples with…

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Carrefour exits 4 Arab states in win for Gaza boycott movement

 In the past few months, French store Carrefour has closed stores in four Arab countries. Pro-Palestinian activists see this as…

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Bitcoin hits all-time high above $125,000

Bitcoin, the world’s largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7 percent…

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Munich airport resumes flights after drone sightings trigger suspension

Germany’s Munich airport restarted flights on Friday after several drone sightings forced its closure overnight, the latest in a string…

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Saudi Arabia approves new tourism sector rules to boost jobs for citizens

Saudi authorities have approved new rules for the tourism sector aimed at boosting jobs for citizens, requiring licensed facilities to…

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Ukrainian drones hit Russian oil refinery in Orsk, SBU says

Ukrainian forces carried out a drone strike on the Orsknefteorgsintez oil refinery in the Russian city of Orsk, near the…

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OPEC slams ‘misleading’ reports about plans to increase oil production

OPEC on Tuesday hit out at recent media reports claiming that the Group of Eight (G8) countries were planning to…

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