Saudi Ministry of Tourism on Tuesday announced a 22.9 percent growth in inbound visitor spending during the first quarter of 2024 compared to the first quarter of 2023, with their total spending exceeding SAR 45 billion (approx. USD 12 billion).
The …
Egypt Prime Minister Mostafa Madbouly, announced Tuesday, implementing of “South Med” project on the Northwestern North Coast with local investments of about one trillion pounds (USD 21 billion).
The project will be through partnership with the priva…
Oil prices closed, Monday, up about two percent at settlement, recording the highest level in two months, amid expectations of increased demand during the peak summer travel season in the Northern Hemisphere.
Brent crude futures rose $1.60, or 1.9 %,…
About 16,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.
In a statement, the RSPA said the imports included 6,500 tons of goods, 477 trucks and 292 cars, while the exports included …
UAE Minister of State for Foreign Trade Dr. Thani Al-Zeyoudi discussed on Monday with two Kuwaiti officials ways to enhance economic and trade cooperation between the two countries. The UAE minster met with the Kuwaiti Consul General in Dubai and Nort…