MAGRABi Retail Group, the Middle East's leading eyewear retailer, announces the proposed acquisition of 100% of the issued share capital of Kefan Optics Company KSCC, one of the largest eyewear retailers in Kuwait.
Following the acquisition, the (...)
The latest round of high-stakes nuclear talks between Iran and the US have ended, with Tehran calling them difficult but with both sides agreeing to further negotiations.
Iranian Foreign Ministry spokesman Esmaeil Baqaei confirmed on X that the (...)
JEDDAH — Custodian of the Two Holy Mosques King Salman has extended invitations to leaders of the Gulf Cooperation Council (GCC) countries to attend the Gulf-US summit, scheduled to be held in Riyadh. The summit is part of US President Donald (...)
RIYADH — Saudi Arabia hailed the agreement reached for a ceasefire in Yemen.
In a statement, the Ministry of Foreign Affairs expressed Saudi Arabia's welcoming of the statement issued by Oman regarding the agreement to a ceasefire in Yemen aimed at (...)
RIYADH — The OPEC+ countries have agreed on Saturday to an oil output hike for a second month in a row in June with 411,000 barrels per day.
Last month, the eight OPEC+ countries made a larger-than-planned production increase for May, also of (...)
Iran is crafting a potential nuclear agreement with the United States, wrapping it in language designed to flatter US President Donald Trump's favorite persona: the dealmaker-in-chief.
Officials in Tehran have seized on Trump's anti-war, (...)
JEBEL AKHDAR, OMAN — Minister of Foreign Affairs Prince Faisal bin Farhan met on Monday with Foreign Minister of Oman Badr bin Hamad bin Hamood Albusaidi in the Jebel Akhdar area of Oman during his official visit to the sultanate.
During the (...)
Saudi Foreign Minister Prince Faisal bin Farhan received a phone call on Monday from Iranian Foreign Minister Abbas Araghchi.
During the call, the two ministers reviewed bilateral relations between Saudi Arabia and Iran, developments in the (...)
The third round of indirect nuclear negotiations between Iran and the United States, mediated by Oman, concluded Saturday in Muscat.
Iranian Foreign Minister and chief negotiator Abbas Araghchi described the talks as "more serious than before," (...)
RIYADH — Saudi Arabia's non-oil exports recorded a high performance in 2024 with a total value of SR515 billion, the highest in its history.
Exports grew by 13% compared to the previous year, in addition to an increase of more than 113% since the (...)
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
Revenues for the first quarter reached SR19,210 million, an increase of 1.60% compared to the same quarter last (...)
MUSCAT — The Literature, Publishing &Translation Commission launched its pavilion at the Muscat International Book Fair 2025. The fair, which will be held at the Oman Convention and Exhibition Center from April 24 to May 3, will feature 35 countries (...)
Negotiations between Iran and the United States over Tehran's rapidly advancing nuclear programme are set to resume on Saturday in the Omani capital Muscat, where technical experts from both sides will attempt to iron out the details of a potential (...)
The United States and Iran have made "very good progress" in their ongoing direct and indirect discussions over Iran's nuclear program, a senior US official confirmed Saturday, following the conclusion of a second round of negotiations in Rome.
"We (...)
Russia on Friday expressed its willingness to play a mediating role in the ongoing indirect nuclear negotiations between the United States and Iran, reaffirming its commitment to supporting diplomatic efforts aimed at resolving the nuclear (...)
Rafael Grossi, the chief of the International Atomic Energy Agency (IAEA), has warned that time is running out for Iran and the United States to reach a nuclear agreement.
Those comments come ahead of a second round of talks scheduled for Saturday (...)
Iran has confirmed that the next round of nuclear talks with the United States this weekend will be held in Rome after earlier confusion over the location of the negotiations.
Officials initially identified Rome as hosting the negotiations, only for (...)
JEDDAH — Saudi Arabia's trade with Arab League nations, including Gulf Cooperation Council (GCC), reached approximately SR87.7 billion during the fourth quarter of 2024, according to country groups.
Trade represents approximately 17.2% of Saudi (...)
Iran's Supreme Leader Ayatollah Ali Khamenei endorsed the progress of talks with the US while speaking to high-ranking officials in Tehran on Tuesday but remained skeptical about their success.
"We shouldn't be overly optimistic about this dialogue, (...)
Iran insisted on Tuesday that the next round of nuclear talks between Tehran and Washington would take place in Oman, contradicting earlier reports that negotiations would take place in Rome.
However, American officials have not confirmed the (...)
Talks between Iran and the United States over Tehran's rapidly developing nuclear program seemed set to depart the Middle East on Monday, as diplomatic sources announced that the Italian government had given the go-ahead to hold the next round of (...)
U.S. President Donald Trump on Saturday described ongoing negotiations with Iran as "going OK," signaling cautious optimism while underscoring the complexity of the issues at stake.
"I think they're going OK. Nothing matters until you get it done. (...)
RIYADH — Saudi Ministry of Defense hosted the eighth meeting of the Chiefs of Staff of the Dragon Group member states in Riyadh on Sunday.
The Saudi Chief of the General Staff Gen. Fayyadh Al-Ruwaili inaugurated the meeting, which discussed topics (...)
Iranian Foreign Minister Abbas Araghchi said Saturday that Tehran's goal is to achieve a "fair and honorable agreement" in indirect negotiations with the United States, currently taking place in Muscat, Oman.
Speaking to reporters after meeting with (...)
The first round of indirect negotiations between Iran and the United States, mediated by Oman, concluded Saturday in Muscat, with both sides agreeing to resume talks next week, the Iranian Foreign Ministry said.
According to the ministry's (...)
