Oil prices rose at settlement at the end of today’s trading, following the announcement of a decline in crude oil and gasoline inventories in the United States last week.

Brent crude futures rose by 42 cents, or 0.5 %, to reach $85.08 per barrel upon…

The Organization of the Petroleum Exporting Countries (OPEC) maintained its expectations for relatively strong growth in global oil demand in 2024 and 2025, noting that flexible economic growth and strong air travel will support the use of fuel in the…

London, Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi said there is an agreement between the GCC and the United Kingdom (UK) emphasizing the importance of progressing towards finalizing negotiations for a free-trade agreemen…

Riyadh, The General Authority of Foreign Trade in Saudi Arabia (GAFT) approved the final formation of several joint Saudi-foreign business councils for its new 1445-1449 term.

Mohammed bin Nasser Al-Dulaim was appointed chairman of the Saudi-Canadian…

The Financial Regulatory Authority (FRA) and the French Development Agency (FDA) have joined hands to strengthen Egypt’s non-banking financial sector in achieving the Sustainable Development Goals (SDGs).

They recently signed a memorandum of understa…

Baghdad, The Saudi-Iraqi Business Council estimated the volume of trade exchange between the two countries at 5 billion riyals, with an annual growth of 12%.

The Federation of Saudi Chambers said in a statement, today, Tuesday, that ‘Iraq is preparin…

Baghdad, Oil prices fell by about one percent at settlement at the close of trading, Monday, recording the lowest level in a week.

Brent crude futures fell 79 cents, or 0.9 %, to reach $85.75 per barrel upon settlement.

US West Texas Intermediate cr…