San Francisco-based Uber Technologies Inc. and Dubai-based Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, according to reports, in a merger that would create one dominant presence in the market and avoid a potentially costly rivalry.
Participation of Saudis in the country’s economy is rising, according to the General Authority for Statistics (GASTAT) labor market bulletin for the first quarter of...
Preparations for the public listing of Saudi Arabia’s state oil company, a centerpiece of the government’s plan to open its economy, have stalled, leaving government...
A Saudi official has said that Saudi banks capital adequacy in the first quarter of this year exceeded 20.4 percent, surpassing the Basel I committee’s...
The Ministry of Environment, Water and Agriculture unveiled its organic farming action plan, which was approved by the Cabinet, and has allocated SR750 million ($200...
The United States and Saudi Arabia appear to have reached an understanding: Washington will reduce or eliminate Iran’s oil export revenues and in return Riyadh...
Additionally, through the 9.78% separate stake ownership by its wholly owned subsidiary, Sanabil Direct Investments Company, PIF’s total shareholding – direct and indirect – in...
he three innovations creating the most hype in the Kingdom are industry focused: 65% IoT, 64% Artificial & Machine Intelligence and Smart Energy Grids (59%)....
Perhaps the most striking image from Saudi Arabia’s historic lifting of the women’s driving ban is not that of female motorists taking the wheel, but...
Bloomberg
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Giles Turner, Dinesh Nair and Eric Newcomer |
7.5.2018
Uber Technologies Inc. and Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry as...
The renewed assault came after the failure on Wednesday of Russian-brokered talks to end the offensive in Daraa province, which has killed dozens and forced...
Yemen’s warring parties have offered “concrete ideas” to achieve peace, U.N. envoy Martin Griffiths said on Wednesday after meeting Iran-aligned Houthi leaders in the capital...
Iran's Islamic Revolutionary Guards vowed to attack oil exports from the region with Qassem Soleimani, the force commander, issuing a letter backing President Hassan Rouhani's...
This is the first time the IDF has appointed a “project director for Iran issues,” who will deal with Iran’s nuclear program, coordinating intelligence gathering...
France on Thursday rejected Iranian accusations that it backs an exiled opposition group that was the possible target of a bomb plot near Paris last...
In a bizarrely uncharacteristic eco-conscious move, the extremist militant group banned single-use plastic bags in all Somali territories currently under the group’s control....
