Breaking News
economy
US Dollar Stays Stable Amid Diplomatic Hopes
Currency markets balance global supply risks with new dialogue prospects. Markets Weigh Geopolitical Factors The US dollar stayed mostly stable during Tuesday trading. Investors weighed major supply risks against potential diplomatic progress.
Read More
Oil Prices Drop Amid Hopes for US-Iran Talks
Markets calm down as supply fears ease in early Asian trading. Fresh Drops in Crude Markets Oil prices fell during early Asian trading on Tuesday. Supply concerns eased across the global energy market. Investors noticed signs of possible
Read More
Oman Hosts International Conference On Innovation And Investment
The first international conference on business sustainability began today in Muscat. Tax Authority Head Nasser bin Khamis Al Jashmi sponsored the major event. The University of Technology and Applied Sciences hosts the two-day gathering. The
Read More
Oman Hosts National Seminar On Proactive Monitoring Systems
Oman's Ministry of Economy recently organized a national seminar focusing on proactive monitoring systems. The Oman Vision 2040 Implementation
Read More
Minister of Finance, Acting Minister of Economy and Planning Holds a Press Conference to Highlight Economic Developments in Saudi Arabia
Minister of Finance, Acting Minister of Economy and Planning Mr. Mohammed bin Abdullah Al-Jadaan holds on Wednesday April 22, 2020, a virtual press
Read More
Coronavirus: World Economy Bound To Suffer "Severe Recession", Says IMF
The world economy, already "sluggish" before the coronavirus outbreak, is now bound to suffer a "severe recession" in 2020, IMF
Read MoreSaudi Arabia is Continuing in Supporting World Economy
Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas. Al-Bilad newspaper reported in its editorial that the Kingdom of Saudi Arabia has proven its ability to confront all
Read MoreSaudi Arabia wary of costly slow response as virus knocks oil
DUBAI: Saudi Arabia wants global oil producers to agree a quick oil supply cut as China's coronavirus knocks demand, aware that delays in the past led to costly price collapses, sources familiar with the kingdom's
Read MoreDigitizing payments key to economic transformation
The last few years have seen Saudi Arabia making significant strides in its agenda of moving to a digital economy. While much of the attention has centered on the rapid shift to digital payments by consumers in the Kingdom, underpinned by the launch
Read MoreSecuring affordable, sustainable energy top agenda: Dharmendra Pradhan after Saudi oil attacks
With the biggest attack ever on the Saudi oil industry creating volatility in the market, Petroleum Minister Dharmendra Pradhan on October 3 said securing affordable and sustainable energy tops agenda of "vulnerable" importing nations like
Read More