RIYADH — Saudi Arabia's non-oil trade surplus with other Gulf Cooperation Council (GCC) states recorded an annual growth of 203.2 percent during April 2025. This figure posted an increase of more than SR2 billion, reaching approximately SR3,511 (...)
GENEVA — The United Nations Human Rights Council (UNHRC) unanimously adopted the draft resolution on Child Protection in Cyberspace presented by Saudi Arabia. The resolution was based on the global initiative titled "Child Protection in Cyberspace" (...)
RIYADH — Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective oil production by 548,000 barrels per day in August. The decision to further accelerate oil output hike was taken during a virtual meeting of (...)
RIYADH — All Tadawul Share Index (TASI), the benchmark Saudi stock market index, rose for the fifth consecutive session on Sunday, rising nearly one percent (134.37 points) to close at 11,202 points, its highest level since May 21.
The total value (...)
DOHA — Qatar, Bahrain, and Kuwait have resumed normal air traffic in their airspace after a brief suspension on Monday. This suspension was part of a series of precautionary measures taken following the escalation of situation in the region.
Shortly (...)
RIYADH — Shortly after Iran launched missile attacks on US military bases in Qatar and Iraq on Monday, several nations including Qatar, Kuwait and Bahrain have closed their air spaces while the United Arab Emirates imposed some restrictions on (...)
Iran launched a missile attack targeting Al Udeid Air Base in Qatar on Monday, in what it described as retaliation for recent US strikes on nuclear facilities inside Iran.
The move marks a major escalation in the widening conflict between Iran, the (...)
RIYADH — Saudi Arabia and other Gulf Cooperation Council (GCC) states strongly condemned the aggression launched by Iran against the State of Qatar.
"Saudi Arabia views this act as a flagrant violation of international law and the principles of good (...)
Oman will introduce a 5% income tax on high-income individuals starting in 2028, becoming the first Gulf Cooperation Council (GCC) state to implement personal income taxation, a major shift in the region's long-standing tax-free environment.
The tax (...)
In the Saudi automotive market, JAECOO has established a differentiated competitive edge with the philosophy of "originating from classic elements yet surpassing them." Its flagship model, the JAECOO 8, conquers diverse terrains with its luxurious (...)
Kuwait's Ministry of Finance has activated its emergency plan to ensure the uninterrupted delivery of financial and public services, following U.S. airstrikes on three nuclear facilities in Iran.
The ministry announced the move in a statement on (...)
ST. PETERSBURG — Saudi Minister of Energy Prince Abdulaziz bin Salman said on Thursday that OPEC+ has become a key guarantor of oil prices and the oil sector as a whole.
Speaking at the St. Petersburg Economic Forum on Thursday, he said that OPEC+ (...)
GENEVA — The Gulf Cooperation Council (GCC) states condemned Israeli attacks on Iran. The condemnation was delivered by Permanent Representative of Kuwait to the United Nations and other international organizations in Geneva Ambassador Nasser (...)
AL-AHSA — The Arabian Gulf region experienced an intense heat wave on Tuesday. Kuwait recorded the highest temperature on the planet, reaching 51.3 degrees Celsius, exceeding half the boiling point, in a worrying environmental indicator that goes (...)
RIYADH — Financial markets across the Arabian Gulf and Egypt plunged sharply on Sunday, as escalating military tensions between Israel and Iran triggered widespread selloffs and heightened volatility across the region's stock exchanges.
The downturn (...)
The United States has ordered the departure of nonessential staff from several diplomatic and military posts across the Middle East, citing rising regional tensions and the growing uncertainty around stalled nuclear talks with Iran.
The State (...)
A US judge has temporarily halted deportation proceedings against the family of a man accused of Sunday's petrol-bomb attack on Jewish demonstrators in Boulder, Colorado.
Mohamed Sabry Soliman, 45, is accused of a federal hate crime and other (...)
KUWAIT — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan attended the164th Ministerial Council meeting of the Gulf Cooperation Council (GCC) countries in Kuwait on Monday.
The meeting discussed the latest regional and international (...)
A man accused of throwing Molotov cocktails at demonstrators attending a march for Israeli hostages in Colorado on Sunday planned the attack for a year, investigators say.
Mohammed Sabry Soliman, 45, who is charged with a federal hate crime as well (...)
RIYADH — Eight OPEC+ member countries, including Saudi Arabia, Russia, and the UAE, will raise oil production by 411,000 barrels per day (bpd) in July 2025 as part of a phased reversal of previous voluntary output cuts, the alliance announced on (...)
RIYADH — Under the patronage of Crown Prince and Prime Minister Mohammed bin Salman, the Global Water Organization (GWO) officially launched operations from its headquarters in Riyadh on Wednesday, with founding member states signing the (...)
BEIJING — China has officially extended its visa-free policy to cover all Gulf Cooperation Council (GCC) member states, marking a significant step in deepening people-to-people exchanges with the region.
Foreign Ministry spokesperson Mao Ning (...)
JEDDAH — The Saudi Council of Ministers on Tuesday emphasized the highest standards of efficiency, quality, coordination, and integration among relevant authorities while implementing the annual plan for the Hajj pilgrimage season of 2025. Crown (...)
RIYADH — The governments of Saudi Arabia and Kuwait announced a new oil discovery in the North Wafra Wara-Burgan field, located approximately 5 kilometers north of the Wafra field in the Partitioned Zone between the two countries.
According to the (...)
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 (...)
