News

Arabian Gulf Business Insight on MSN1h
Bank of New York gets licence for Saudi regional HQ
Bank of New York Mellon has received a licence to set up a regional headquarters in Saudi Arabia, it said on Thursday, joining others lured by incentives as the kingdom seeks to boost its appeal as a ...
Oil prices fell on Thursday, extending a steep decline the previous session due to indications that Saudi Arabia, the world's ...
Gold prices extended their sharp retreat for a third straight session on Wednesday, as investor appetite for the safe-haven ...
Most major stock markets in the Gulf fell in early trade on Thursday after weaker-than-expected U.S. GDP data and under- ...
Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the kingdom pushes on with ...
Bank of New York Mellon has received a licence to set up a regional headquarters in Saudi Arabia, it said on Thursday, ...
Arabian Gulf Business Insight on MSN3h
PIF raises $1.25bn from year’s second debt sale
Saudi Arabia’s Public Investment Fund (PIF) has sold $1.25 billion in 7-year sukuk, tapping the bond market for the second time this year. The sovereign wealth fund was able to lower the price ...
DUBAI (Reuters) -The International Monetary Fund said on Thursday it now expects Middle East and North Africa economies to ...
Arabian Gulf Business Insight on MSN4h
Saudi Arabia signals it can live with lower oil prices
Possible move to expand market share Giga-projects may be cut further Russian oil could drop below $50 Saudi Arabian officials are briefing allies and industry experts to say the kingdom is ...
Oil prices steadied in early Asian trade on Thursday, finding footing a day after a steep decline triggered by signs that ...
U.S. crude oil stockpiles fell unexpectedly by 2.7 million barrels last week on higher export and refinery demand, the Energy ...