Basra oil prices fall despite the rise in global oil
Saudi Arabia hosts the World Economic Forum meeting
BUSINESS NEWS
Oil prices rise due to continuing tensions in the Middle East
Baghdad, Oil prices rose today, Tuesday, after falling in the previous session, as investors continued to evaluate the risks resulting from geopolitical concerns in the Middle East.
Brent crude futures, the global standard, were trading up 27 cents t…
Saudi Ambassador to Vietnam Meets with Vietnamese Minister of Finance
Hanoi, The Ambassador of the Kingdom of Saudi Arabia to the Socialist Republic of Vietnam, Mohammed bin Ismail Dahlawi, met today with the Vietnamese Minister of Finance, Mr. Ho Duc Phoc, at the ministry’s headquarters in Hanoi.
During the meeting, t…
GCC Commerce Undersecretaries Hold Preparatory Meeting
Riyadh, Undersecretaries of the Ministries of Commerce in the Gulf Cooperation Council (GCC) countries held their fifty-eighth preparatory meeting today in the Qatari capital, Doha.
The meeting aimed to enhance cooperation between GCC member states, …
Industry and Mineral Resources Minister Meets with Officials of German Global Companies
Hanover, Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef held meetings with officials from German global companies during his visit to the Hannover Messe 2024 Fair.
Alkhorayef, who also is chairman of the board of directors o…
Bahrain EDB hosts delegation from Monaco spearheading bilateral investment opportunities
Manama, Bahrain Economic Development Board (Bahrain EDB) is set to host a high-level delegation from the Principality of Monaco, led by Frédéric Genta, the Secretary of Attractiveness, Development and Digital at the Government of Monaco on a two-day v…
Alba achieves First Fire of M701JAC Gas Turbine
Manama, Aluminium Bahrain B.S.C. (Alba) announced a significant milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT).
This achievement marks a ke…
ADQ, Oman Investment Authority launch $180 million technology-focused fund to bolster digital economy
Abu Dhabi, ADQ, an Abu Dhabi-based investment and holding company, today announced the launch of a US$180 million technology-focused fund, Jasoor Fund (the Fund), with Oman Investment Authority (OIA) represented by ITHCA Group. This commitment is part…