Gross domestic product (GDP) saw a 1.2 percent rise in the three months to the end of March, compared with the same period last year....

Saudi Arabia’s economy is starting to emerge from the worst slowdown since the global financial crisis, if only due to rebounding oil prices and higher...

"King Salman affirmed that the Kingdom maintains a two million barrel per day spare capacity, which it will prudently use if and when necessary to...

Asking OPEC to carry the burden alone will not resolve the situation in the long term and certainly will not impact prices for a long...

The Saudi government is now throwing significant support behind the local media industry, emphasizing entertainment in particular as a quality of life issue and a...

State-run utility Korea Electric Power Corp (015760.KS) (KEPCO) had been shortlisted to bid for a nuclear project in Saudi Arabia along with the United States,...

In the world of crude oil trading and energy security, some cardinal rules apply — never destabilize your most secure source of supply and never...

With the decades-long ban on women driving in Saudi Arabia now lifted, the Newport Beach-based driving instructor is one of just three women worldwide training...

Her father, Ayman Tamer, is chairman of Tamer Group, a leading health care, pharmaceutical and beauty company, while her mother, Cristina, is a former model...

The event will host a mix of business, general and commercial aviation and aerospace exhibitors on a 100,000 square-metre static area which will accommodate over...

For many, the newly-opened King Abdulaziz International Airport in Jeddah is considered a leap in quality compared to the existing levels of current airports across...