Pakistan’s remittances clock in at $2.25bn in February, up 13% YoY However, inflows decrease 6% on a monthly basis Updated 08 Mar, 2024 11:36pm
World Saudi Arabia doubles sovereign fund’s stake in Aramco RIYADH: Saudi Arabia transferred an 8% stake in Aramco to the country’s Public Investment Fund, as the kingdom... Published 08 Mar, 2024 03:14am
Sports Staging Super Cup in Saudi Arabia has been good for Spanish football LaLiga President Javier Tebas said the decision to shift the Super Cup to Saudi Arabia has been beneficial for... Published 07 Mar, 2024 02:22pm
BR Research Oil price: Of Opec, Fed and China Opec+ did what it was expected to do. The world’s largest oil cartel with nearly 60 percent of the world’s crude oil... Published 07 Mar, 2024 07:44am
Markets Saudi Arabia slightly raises Arab Light crude price to Asia Top oil exporter Saudi Arabia raised the official selling price (OSP) for its flagship Arab Light crude to Asia in... Published 06 Mar, 2024 11:26am
Opinion ‘IMF programme will test SIFC’ This is apropos a Business Recorder op-ed “IMF programme will test SIFC” carried by the newspaper last Thursday.... Published 05 Mar, 2024 03:09am
Sports Saudi Arabia launch bid to host the 2034 World Cup Saudi Arabia launched its campaign to host the 2034 soccer World Cup on Friday, a bid that is all but certain to... Published 02 Mar, 2024 10:43am
Markets Saudi Arabia may keep April crude prices to Asia little changed SINGAPORE: Top oil exporter Saudi Arabia may keep term prices of crude it sells to Asian customers little changed in... Published 01 Mar, 2024 10:39am
Sports Saudi football body suspends, fines Ronaldo over gesture RIYADH: Saudi Arabia’s football governing body on Thursday suspended Cristiano Ronaldo for one game over a gesture... Published 29 Feb, 2024 02:34pm
World Saudi Arabia denies its minister met with Israeli counterpart ABU DHABI: Saudi Arabia denied that a meeting had taken place between its commerce minister and his Israeli... Published 28 Feb, 2024 06:10am
Markets Saudi Arabia’s wealth fund to tap debt market for second time this year DUBAI: Saudi Arabia’s sovereign wealth fund has hired banks to tap the debt market for the second time this year... Published 26 Feb, 2024 02:28pm
Print CCP grants approval to three mergers ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to three mergers concerning M/s Saudi... Updated 25 Feb, 2024 10:43pm
Markets Saudi sovereign wealth fund pitches kingdom as AI hub MIAMI: The head of Saudi Arabia’s Public Investment Fund (PIF) on Thursday pitched the kingdom as a prospective hub... Published 23 Feb, 2024 02:50pm
Print Govt hints at lifting trade with Saudi Arabia up to $20bn ISLAMABAD: Observing that the current trade volume falls short of expectations, Caretaker Federal Minister for... Updated 23 Feb, 2024 08:52am
Print B2B Conference: Businessmen delegation leaves for Riyadh ISLAMABAD: Pakistan’s first and largest ever business delegation, comprising top Business Groups has left for Riyadh... Updated 21 Feb, 2024 10:06pm
Markets Saudi Arabia expects more than 5% medium-term non-oil growth, minister says RIYADH: Saudi Arabia’s non-oil growth is expected to be above 5% in the medium term, Finance Minister Mohammed Al... Published 19 Feb, 2024 01:54pm
World Election impact on Reko Diq project: Barrick CEO says civil servants leading discussions are the same Bristow says company 'doesn't get involved' in politics Published 15 Feb, 2024 07:34pm
World Saudi Arabia posts 2023 budget deficit of $22 billion DUBAI: Saudi Arabia posted a fiscal deficit of 80.9 billion riyals ($21.57 billion) in 2023, slightly narrower than... Published 15 Feb, 2024 05:39am
Markets Gulf markets gain ahead of US inflation report DUBAI: Most stock markets in the Gulf ended higher on Tuesday, as investors waited for a US inflation report to ... Published 14 Feb, 2024 02:34am
Markets Energy transition spurred Saudi halt to oil expansion: official RIYADH: Saudi Arabia’s surprise decision to halt a planned expansion of its oil production capacity reflects... Published 13 Feb, 2024 05:59am
Markets Saudi minister says energy transition behind Aramco capacity halt DHAHRAN, SAUDI ARABIA: Saudi Arabia decided to halt its oil capacity expansion plans because of the energy... Published 12 Feb, 2024 04:02pm
Markets Pakistan’s remittances clock in at $2.4bn in January, up 26% YoY However, inflow increase only 1% on a monthly basis Updated 12 Feb, 2024 10:40pm
Print Yemen to receive 2nd $250m tranche of Saudi grant soon DUBAI: Yemen will receive a second $250 million instalment from a Saudi one-year $1 billion grant on Sunday or... Updated 12 Feb, 2024 08:40am
World Saudi warns of ‘catastrophe’ if Israel moves on Rafah RIYADH: Saudi Arabia said on Saturday that Israel’s planned army operation in overcrowded Rafah would cause a... Published 10 Feb, 2024 05:17pm
World Saudi hosts Arab diplomats for Gaza talks after Blinken tour RIYADH: Four top Middle Eastern diplomats reiterated calls for “irreversible” steps towards the recognition of a... Published 09 Feb, 2024 10:36am
World Saudi Arabia says there will be no diplomatic relations with Israel without an independent Palestinian state CAIRO: Saudi Arabia has told the US its position stands that there will be no diplomatic relations with Israel... Updated 07 Feb, 2024 02:01pm
World South Korea, Qatar defence ministers agree to boost military ties SEOUL: The defence ministers of South Korea and Qatar have agreed to expand joint military training and strengthen... Published 07 Feb, 2024 10:42am
World Saudis agree $3.2bn deal to buy South Korean missile defence system SEOUL: South Korean defence firm LIG Nex1 has won a $3.2 billion deal to export a mid-range surface-to-air missile... Published 06 Feb, 2024 05:32pm
World Saudi more than doubles 2030 foreign tourism target: minister RIYADH: Saudi Arabia drew 27 million foreign tourists in 2023 and has more than doubled its goal for the end of the... Published 06 Feb, 2024 05:18pm
Sports Novak Djokovic, Nadal to headline ‘Six Kings Slam’ in Saudi Arabia Saudi Arabia will host a new elite tennis exhibition featuring Novak Djokovic and Rafa Nadal with three other Grand... Published 06 Feb, 2024 01:54pm
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’