Oil prices rose on Wednesday from their lowest levels in several months, amid concerns that production will be affected by rising tensions in the Middle East.

Brent crude futures rose in European markets by $1.10, or 1.4 %, to $77.58 a barrel, while …

Riyadh, The Saudi Electricity Company (SEC) continued its strong financial performance in the first half and second quarter of 2024, according to an SEC press release issued today. Revenues climbed 15.5% year-over-year to SAR38.2 billion for H1 2024, …

Shaqra, The fourth Shaqra Pepper Festival, which concluded yesterday, was a resounding success, helping sell large quantities of the region’s distinctive peppers and pepper-based products.

The event drew significant attention from government entities…

Dammam, The King Abdulaziz Port in Dammam has set a new record for container throughput on a single vessel, handling an impressive 20,645 TEUs on the COSCO SHIPPING AQUARIUS 036E.

This achievement underscores the port’s pivotal role in supporting tra…

Baghdad, Oil prices declined in volatile trading, today, Tuesday, as concerns about declining demand after a global selling wave yesterday, Monday, overcame fears of an escalation of the conflict in the Middle East and a decline in Libyan oil producti…

Iraq and the Russian Federation stressed the need to sign a land and sea transport agreement this year, which coincides with the 80th anniversary of the start of relations between the two countries.

A statement by the Ministry of Foreign Affairs stat…

The Ministerial Council for the Economy decided, today, Monday, to create an electronic platform for all industrial projects.

The media office of the Council said in a statement: “Deputy Prime Minister, Minister of Foreign Affairs, Chairman of the Mi…