Archive of Business
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Saudi 2024 budget: Kingdom aligns Vision 2030 projects with financial strengths
Saudi Arabia’s Vision 2030, a strategic framework aimed at reducing the Kingdom’s reliance on oil, diversifying its economy, and enhancing public ... Economy -
Renewable energy investments profitable, Global South remains a challenge: Masdar COO
Investing in renewable energy is profitable and seen as an emerging market, the chief operating officer (COO) of Masdar told Al Arabiya English. ... Energy -
MBS, Putin stress need for all OPEC+ countries to adhere to deal on output cuts
Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin, in a joint statement after their meeting on Wednesday, highlighted the ... Saudi Arabia -
UAE working on national investment strategy: Minister
The United Arab Emirates is working on developing a national investment strategy, its recently appointed investment minister, Mohamed Al Suwaidi, said ... Economy -
Saudi Arabia to grant 30-year tax breaks to companies moving HQs to Riyadh
Saudi Arabia announced on Tuesday it would grant a 30-year tax relief break to multinational companies establishing their regional headquarters (RHQ) ... Saudi Arabia -
Amid building world’s biggest oil pipeline, Uganda announces energy transition plan
Oil-and-gas sector could still coexist with its plans for renewable energy, and together address the domestic and regional energy needs for a growing population. Energy -
OPEC+ ministers meet to discuss additional oil output cuts
The OPEC+ alliance of oil producers will consider additional production cuts for next year to support crude prices in virtual meetings on Thursday, ... Energy -
Kremlin: No plan for Putin call with Saudi Crown Prince before OPEC+ meeting
The Kremlin said on Tuesday that there were no plans for contacts between President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman prior to ... Energy -
Ex-Binance CEO denied flight to UAE by US judge over money laundering charges
A federal judge on Monday ordered the former chief of cryptocurrency giant Binance, Changpeng Zhao, to remain at least temporarily in the United ... Technology -
DP World says hackers stole ports employee data in Australia
DP World Australia, one of the country’s largest ports operators, said on Tuesday hackers had accessed files containing personal details of employees ... World News