Emerson has inaugurated an expanded facility in Dammam, Saudi Arabia to manufacture its Rosemount™ pressure and temperature transmitters and manifolds...

Sri Lanka's parliament has cancelled its remaining sittings for the week to save fuel, officials said Thursday (Jun 23), with a disastrous economic cr...

Saudi Reinsurance Company (Saudi Re) announced that Moody’s Investors Service, a global credit rating agency, has affirmed its A3 Insurance Financial...

Indonesia posted a 132.2 trillion rupiah ($8.91 billion) fiscal surplus or 0.74 per cent of GDP in the first five months of the year, its finance mini...

The Portuguese fashion accessories brand Parfois has launched a new store at Al Nakheel Mall in the Saudi capital, which features the brand’s latest c...

Pakistan government has imposed restrictions on power, energy consumption, and business timings; while record temperatures exacerbate the crisis as pr...

India's top diplomat held talks with Sri Lanka's president and prime minister on Thursday (Jun 23) as India signalled its willingness to go beyond the...

The euro fell across the board on Thursday after weak German and French PMI data confirmed the eurozone economy was struggling to gain traction, promp...

Germany's BMW said on Thursday (Jun 23) that production has formally begun at a new plant in China with an investment of 15 billion yuan (US$2.24 bill...

The Kingdom of Saudi Arabia’s overall merchandise exports increased by 98.0% in April 2022 compared to April 2021. The value of exports amounted to SA...

Russia is increasing gasoline and naphtha supplies to Africa and the Middle East as it struggles to sell fuel in Europe, while Asia is already taking...

Indian carmaker Tata Motors said on Thursday it was investigating an "isolated thermal incident", after a video on social media showed the company's e...

Currency wars flare up from time to time, usually during moments of economic tumult. They typically involve countries jockeying for a competitive expo...

The Philippine central bank raised its benchmark rate for a second month in a row on Thursday to curb red-hot inflation, but opted for a modest 25-bas...

Kingdom Holding Company (KHC) announces that it has concluded its investment program of SAR 12.8 billion (USD 3.4 billion) during the period between Q...

The Saudi Ports Authority (Mawani) has announced the addition of two ports calls, Shanghai and Singapore, to the Gulf China Service (GCS), a direct we...