Rebecca Spong | Al Bawaba

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Brent crude oil fell to $77.82 a barrel on Monday, a drop of $1.41. (Shutterstock)

July 3rd, 2018 - 11:55 GMT

Oil Prices Decline as Supplies Increase From Saudi Arabia and Russia

Oil prices dropped on Monday as supplies from Saudi Arabia and Russia increased and the market continued to absorb the impact of US President Donald Trump’s weekend tweets — although analysts expect the decline to be short-lived.

Inflation leapt to 3 percent year-on-year in the immediate aftermath of the introduction of a 5 percent VAT charge in January. (Shutterstock)

April 25th, 2018 - 07:08 GMT

Saudi Inflation Starts to Decline as VAT Impact Lessens

Bank of America Merrill Lynch forecasts Saudi Arabia will continue to push forward with its reform process regardless of the rising price of oil. (Shutterstock)

April 24th, 2018 - 08:25 GMT

Saudi Arabia Economy in a 'Sweet Spot' Regardless of the Rising Price of Oil

Businesses, consumers and governments in the GCC are increasingly victims of a varied range of cybercrimes. (Shutterstock)

March 27th, 2018 - 09:52 GMT

Cyber Attacks a ‘Real Threat’ to GCC Businesses: Analysts

Abraj Kudai, Saudi Arabia's mammoth project in Mecca. (Courtesy of Dar)

February 28th, 2018 - 10:11 GMT

Saudi Arabia to Overtake UAE in Luxury Hotel Sector: Report

People working in IT and sales are more optimistic than their peers in other industries about their salary prospects this year, according to a new report. (Shutterstock)

January 10th, 2018 - 09:35 GMT

Employees in IT, Sales Most Optimistic About Salary Raises in 2018: Report

Can salary increases in the UAE this year cushion the impact of VAT on residents’ wallets? (Shutterstock)

January 4th, 2018 - 08:58 GMT