Custodian of the Two Holy Mosques King Salman announced on Thursday the launch of King Salman Non-profit Foundation, which derives from his longstanding charitable and humanitarian initiatives. "We ...

Muscat – The Central Bank of Oman (CBO) on Thursday reduced its repo rate for local banks by 50 basis points, bringing it down to 5.50% from 6.00%. Oman’s rate cut decision followed the US Federal ...

The ministry said in a press statement that work will be suspended in fingerprint offices in shopping malls starting Tuesday, October 1 ...

The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply higher and fuelled turmoil across world markets. The bank said in a statement ...

Almayouf was convicted of using the funds of Thimar against the company's interests to achieve personal goals and favoring one company with which he has interests ...

RIYADH — Saudi Arabia has increased its holdings of US Treasury bills and bonds by $2.4 billion (1.7 percent) reaching $142.7 billion during July 2024, and this was in anticipation of a US interest ...

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RIYADH — Tadawul All Share Index (TASI), the Saudi Stock Exchange main index, recorded a big increase of 159.53 points (1.34 percent) to close at 12,080.47 on Thursday.

The TII is a composite measure assessing the progress of telecommunications infrastructure development globally and serves as a key component of the E-Government Development Index ...

The analytical report addresses the impact of the waiver of fees for expatriate workers in the industrial sector, an initiative introduced in 2019 and running until the end of 2025, under a recent ext ...

World Bank President Ajay Banga has increased balance sheet leverage and taken other capital adequacy measures to squeeze out an additional $10bln to $12bln in annual lending capacity ...

The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest economy stands, US Treasury Secretary Janet Yellen said Thursday. Yellen's ...