Egypt condemned the latest Houthi terrorist attacks against Saudi Arabia, which targeted a number of economic and civil facilities on 20 March.
The attack was carried out by drones and ballistic missiles, causing material damage to some vital (...)
Egypt condemned the latest Houthi terrorist attacks against Saudi Arabia, which targeted a number of economic and civil facilities on 20 March.
The attack was carried out by drones and ballistic missiles, causing material damage to some vital (...)
There is growing geopolitical tension in the Gulf as observers anticipate an escalating "shadow war" — so described in the British Telegraph — between Iran and Israel. They refer to attacks on tankers and vessels in the region allegedly by the two (...)
Saudi Arabia said on Tuesday it had intercepted an explosive-laden boat off the Red Sea port of Yanbu after maritime security firms cited "unconfirmed reports" of an attack on a vessel in the area.
A Saudi defence ministry statement on state media (...)
A fuel tank at an oil facility in Saudi Arabia caught fire after being struck in an attack by Yemen's Houthi rebels, officials said Friday, an attack that came on the sixth anniversary of the kingdom's entry into Yemen's yearslong civil war.
The (...)
The U.S. military is exploring the possibility of using a Red Sea port in Saudi Arabia and an additional two airfields in the kingdom amid heightened tensions with Iran, the military said Tuesday.
While describing the work as `contingency' planning, (...)
Already hit by further restrictions as a result of a second wave of the Covid-19 coronavirus after many months of relative freedom, the French Mediterranean port city of Marseilles, like the rest of France, was once again put under lockdown at the (...)
Saudi cement sector has not witnessed any impact from the coronavirus pandemic in terms of year-on-year during the first quarter of 2020, according to a report by Al Rajhi Capital.
The total market volume in the first-quarter grew 33 percent on an (...)
A total 866 Egyptians, who were trapped in Saudi Arabia, have been repatriated on Tuesday, under the supervision of the Egyptian consulate in Jeddah, after the Saudi authorities suspended flights with Egypt.
In a statement, the consulate said it is (...)
Major Gulf stocks retreated on Thursday, mirroring a decline in global shares and oil prices, as investors remained anxious about the spread of a new flu-like virus in China.
Deaths from China's new coronavirus rose to 17 on Wednesday, with more (...)
Most Gulf stock markets moved marginally on Monday, with the Saudi index snapping a three-day winning streak dented by losses in financials and petrochemical sectors.
In Saudi Arabia, the benchmark index dropped 0.7 percent with Al Rajhi Bank losing (...)
Most major Gulf stock markets slipped on Wednesday, in line with global equities amid concerns about a slowdown in the world economy, but Kuwait continued to rally in the wake of MSCI's decision to upgrade Kuwaiti equities to its main emerging (...)
United States National Security Adviser, John Bolton, said on Wednesday that the attacks which targeted oil tankers off the coast of the United Arab Emirates this month were the work of "naval mines almost certainly from Iran."
The tanker attacks (...)
U.S. National Security Adviser John Bolton said on Wednesday that attacks on oil tankers off the coast of the United Arab Emirates this month were the work of “naval mines almost certainly from Iran”.
The UAE has not yet blamed anyone for the (...)
Oil prices in global markets stabilised at around $72.11 per barrel at the close of trading after two Saudi oil tankers were attacked, with markets eyeing political moves in the region that would have a big impact on oil.
Medhat Youssef, former (...)
Egypt strongly condemned attacks by explosive-laden drones on two oil pumping stations in Saudi Arabia on Tuesday.
Egypt expresses solidarity with and support for the brotherly government and people of Saudi Arabia against any attempts targeting the (...)
Egypt's Al-Azhar strongly condemned attacks by explosive-laden drones on two oil pumping stations in Saudi Arabia on Tuesday.
Al-Azhar said that such "abhorrent"attacks aim to undermine the stability and security of the Kingdom of Saudi Arabia and (...)
A Saudi ship, prevented by rights groups from loading an arms cargo at the French port of Le Havre on Friday, arrived at the Spanish port of Santander early on Monday.
It was not clear what the Saudi ship was doing in Santander or how long it would (...)
قدمت منظمة فرنسية مناهضة للتعذيب، شكوى عاجلة للمحكمة الإدارية بباريس، للمطالبة بمنع إبحار سفينة شحن سعودية، محملة بالأسلحة الفرنسية من ميناء “لو هافر” إلى المملكة، لاحتمال استخدامها في حرب اليمن، بحسب المنظمة.
وبحسب موقع ديسكلوز الاستقصائي، فان (...)
Saudi stocks rose early on Monday, a day after falling to a one-month low, as banks rebounded and oil prices gained amid expectations that the kingdom will push OPEC to cut supply.
Saudi Arabia's index added 0.4 percent, with heavyweights Al-Rajhi (...)
Most major Gulf stock markets fell sharply in early trade on Thursday, with a fall in oil prices pushing down Saudi Arabia's petrochemical shares and banks weighing on Abu Dhabi and Dubai.
The Saudi index was down 2.9 percent at 7,606 points after (...)
Saudi Arabia's King Salman on Saturday replaced the labour minister and set up new government bodies to promote culture and protect the environment as the kingdom seeks to modernise and create jobs for an overwhelmingly young population.
Private (...)
Gulf markets were sluggish on Monday as a surge in oil prices to more than three-year highs failed to lift stocks.
Oil prices rose to their highest levels since late-2014 on Monday, lifted by Venezuela's deepening economic crisis and an upcoming (...)
CAIRO, May 7, 2018 - Local stocks were mostly in the red on Monday for the second consecutive day on profit-taking by foreign institutions and investment funds as well as foreign investors.
Market capitalisation lost about LE3.2 billion to close at (...)
Engineering for the Petroleum and Process Industries (Enppi) will offer a 24% stake of the company on the Egyptian Exchange (EGX) by the end of the year, according to its head, Mohamed Hat'hout.
The Ministry of Investment is seeking to use the (...)
