Business

Saudi Arabia announces it would open the largest Huawei store outside China in Riyadh
Huawei, controversial in West, is going strong in Gulf
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The new gas pipeline project aims at boosting exports to Europe
Israel to link Leviathan gas field to Egypt LNG plants
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Tough but necessary measures
Sudan floats currency amid economic crisis
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The decision will not affect any investor’s ability to enter the Saudi market
Saudi Arabia to stop signing with firms without local HQ
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The travel industry's outlook remains uncertain
Dubai airport’s passenger traffic drops 70% in 2020
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King Abdullah Financial District in Riyadh
Saudi economy shrank 3.8% in fourth quarter
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Both economies have large sectors devoted to tourism
Israel, Greece ink tourism agreement
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Though the situation is better across Libya, the scale of the improvement has not been even
Libya’s currency adjustment helps ease liquidity crisis
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Exports from Basra terminals reached 2.77 million bpd in January, up from 2.75 million bpd in December
Iraq’s oil exports rise to 2.868 million bpd in January
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The fund would invest 3 trillion riyals in new sectors over the next 10 years
Saudi sovereign fund to shore up assets
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Saudi Arabian Monetary Agency Governor Fahad al-Mubarak
Fahad al-Mubarak named Saudi Arabia’s central bank governor
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Saudi Arabia’s General Authority for Competition had permanently cancelled BeIN's license in July
Saudi Arabia allows broadcast by beIN Sports
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Bahrain open for business
Bahrain attracted $885 million in investment in 2020
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New virus variant, lockdowns threaten demand for oil
OPEC+ deadlocked over raising oil output
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The new rate is an effective devaluation, meaning the cost of imported goods is likely to rise
Libya introduces new unified exchange rate
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The extended deal will replicate existing trading terms
Turkey, UK sign extend their free-trade deal
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