Arabic

STC deploys first Ericsson Radio Dot System in ME

STC deploys first Ericsson Radio Dot System in ME

Ericsson and Saudi Telecom Company (STC) have teamed up to deploy Ericssons state-of-the-art Radio Dot System solution. It is described as the first deployment of its kind in the Middle East.

CMA suspects insider trading in Mobily shares

CMA suspects insider trading in Mobily shares

Saudi Arabia's market regulator is investigating possible insider trading in shares of telecommunications operator Mobily relating to its shock earnings restatement, the watchdog said on its website.

Baghdad says progress made on Kurdish oil export dispute

Baghdad says progress made on Kurdish oil export dispute

Iraq's oil minister Adel Abdel Mehdi said on Sunday both sides would gain from preserving the December accord, under which the Kurds ship oil from their own territory and the Kirkuk oilfield under Baghdad's control, in return for payments from the national government.

Fitch gives Saudi Arabia AA rating

Fitch gives Saudi Arabia AA rating

Fitch Ratings recently underscored Saudi Arabias resilience as an investment destination despite lower oil prices and continued spending.

Sudan delegation to explore investment opportunities for Saudi investors

Sudan delegation to explore investment opportunities for Saudi investors

A high-level Sudanese delegation headed by Investment Minister Mustafa Osman Ismail arrived on Friday to explore investment opportunities for Saudi investors in Sudan that will pave the way for food security in the Kingdom.

Saudi stocks rise 0.3%; Maaden up 6%

Saudi stocks rise 0.3%; Maaden up 6%

Most major Gulf stock markets edged up after oil prices gained and the US Federal Reserve indicated it was in no rush to raise interest rates.

Drone sales to Gulf will surge after U.S. eases export policy

Drone sales to Gulf will surge after U.S. eases export policy

U.S. drone makers are expecting a surge in sales of military and civilian drones to Gulf states after the State Department eased export rules last week, industry executives said on Tuesday.

Saudi investors remain optimistic amid oil volatility

Saudi investors remain optimistic amid oil volatility

While oil prices have won support in recent weeks on a decline in operating US oil rigs and as energy giants cut investment, markets-watchers say volatility is likely to continue for some time.

Egypt to auction 8 oil and gas blocks in Mediterranean

Egypt to auction 8 oil and gas blocks in Mediterranean

Egypt will hold an international auction for eight oil and natural gas exploration blocks in the Mediterranean Sea, the Oil Ministry said on Sunday, as the government seeks to boost production to curb persistent energy shortages.

Oman to showcase $3.3 billion worth of projects at ATM 2015

Oman to showcase $3.3 billion worth of projects at ATM 2015

The annual Arabian Travel Market road show series kicks off its 2015 calendar later this week with the team heading to the Chedi Muscat to meet with key industry players and discuss how to optimize Omans tourism development showcase at this years ATM.