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The nuclear capacities should go a long way towards meeting the goals set forth in the Kingdom’s Vision 2030 strategy. (Shutterstock)
13:09 GMT
In its recently published World Energy Outlook 2017, the International Energy Agency (IEA) lays out its integrated Sustainable Development Scenario.
The number of factories and manufacturing facilities in Qatar have doubled since the beginning of the Saudi-led blockade six months ago. (Shutterstock)
12:51 GMT
The number of factories and other production facilities in Qatar doubled over the last six months after the siege compared to the same period last year.
Senior bankers in Saudi Arabia have clarified that money sent home by expat workers will not be taxed under the new VAT. (Shutterstock)
12:33 GMT
Senior bankers clarified on Sunday that money sent home by expatriate workers will not be taxed under the value-added tax (VAT) reform initiative to be launched by the Saudi government on Jan. 1 next year.

December 14, 2017

Lebanon's real GDP growth is expected to pick up in 2018 supported by the reopening of trade routes with Syria and Iraq by mid-2018. (File photo)
14:07 GMT
A London-based financial research center has projected positive economic growth for Lebanon on the expected reopening of trade routes in Syria and Iraq in 2018.
Saudi Arabia has announced that electronic purchases are subject to the value added tax (VAT), effective January 1. (File photo)
13:48 GMT
Saudi Arabia has announced that electronic purchases are subject to the value added tax (VAT).
The UAE, Saudi Arabia and Bahrain have raised their interest rates today. Kuwait's interest rate remains unchanged. (File photo)
13:03 GMT
Saudi Arabia, the UAE and Bahrain said they were raising their interest rates following a decision by the US Federal Reserve to increase interest rates by 25 basis points.
King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018. (AFP/ File)
11:12 GMT
King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018.

December 13, 2017

When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets. (AFP)
21:37 GMT
When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets.
While the price of Bitcoin can suddenly rise to an extreme level, "it can also collapse later," he warned. (AFP/ Philippe Lopez)
21:04 GMT
While the price of Bitcoin can suddenly rise to an extreme level, "it can also collapse later," he warned.
Saudi Arabia's most well-known businessman Prince Alwaleed bin Talal is still under arrest. (Getty)
20:47 GMT
Saudi Arabia is reportedly planning to set up a unit to manage assets handed over as settlements by officials and princes accused of corruption.

December 12, 2017

China purchased 8.47 million barrels of crude oil in the first 11 months of this year, up 12 percent from the same period of 2016. (File photo)
19:00 GMT
China's crude oil imports in November grew 14.5 percent from a year earlier, according to official data.
“The UAE is exploring other tax options according to best international practices.” - Ministry of Finance (File photo)
18:00 GMT
The National cited a Ministry of Finance statement as confirming the country was “exploring other tax options according to best international practices.”
Dubai Safari will provide visitors a close encounter with animals in an open exhibit through four villages - African, Asian, Arabian and Open Safari Village. (Dubai Safari)
17:00 GMT
Dubai Municipality made a soft opening of the Dubai Safari Park on Tuesday.
Apple has bought Shazam and its music recognition app in a move to bolster Apple Music, Siri and more. (Shutterstock)
17:00 GMT
Apple has bought Shazam and its music recognition app in a move to bolster Apple Music, Siri and more.
A new report suggests that stress levels are highest in medium-sized companies in the UAE. (Pixabay)
15:45 GMT
A new report suggests that stress levels are highest in medium-sized companies in the UAE.
The problem with bad career tips is that you won’t really know how you shot yourself in the foot. Here are some tips to help you. (Pexels)
15:42 GMT
The problem with bad career tips is that you won’t really know how you shot yourself in the foot. Here are some tips to help you.
Selected supplies in sectors such as transportation, real estate, financial services will be completely exempt from VAT, says UAE Tax Authority. (File photo)
15:37 GMT
The UAE Federal Tax Authority has announced the supplies that will be subject to VAT as of January 1.
Which one of these three apps is your favorite? (Google)
14:42 GMT
Google also says these apps mark the "first installment" in a series.
The first tranche of Dh3 billion will be paid in January 2018, and the remaining Dh1 billion will be paid following the annual general meeting in April 2018. (File photo)
14:24 GMT
The first tranche of Dh3 billion will be paid in January 2018, and the remaining Dh1 billion will be paid following the annual general meeting in April 2018.
Adnoc Distribution is scheduled to list on Wednesday on Abu Dhabi Securities Exchange (ADX) following an IPO that raised Dh3.1 billion. (File photo)
14:06 GMT
Nasdaq Dubai said it will launch futures on Adnoc Distribution and Emaar Malls tomorrow, as Adnoc prepares to list on Abu Dhabi Securities Exchange.
The price of Brent crude oil has reached a new high by surpassing $65 per barrel, its highest level since mid-2015. (File photo)
13:54 GMT
The price of Brent crude oil, the international benchmark, has reached a new high by surpassing $65 per barrel, the highest level since mid-2015.

December 11, 2017

The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a new report. (AFP/ File)
18:00 GMT
The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a report by Ernst & Young.
Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone. (File photo)
14:53 GMT
Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone.

December 10, 2017

On Sunday, 24-karat gold in the UAE was trading at Dh151.25 per gram, the cheapest since July. (File photo)
21:32 GMT
On Sunday, 24-karat gold in the UAE was trading at Dh151.25 per gram, the cheapest since July.
Here's everything you need to know about the Samsung Galaxy S9 Plus. (Pexels)
21:04 GMT
Here's everything you need to know about Galaxy S9's larger sibling.
YouTube reveals the top videos and music videos of 2017. On the list are Luis Fonsi, Ed Sheeran and Maluma. (Pexels)
20:56 GMT
YouTube has revealed the top trending videos and music videos as the end of 2017 is rolling into view.
Trading of the first U.S. bitcoin futures is set to begin at 18:00 ET on Sunday. (File photo)
20:44 GMT
Trading of the first U.S. bitcoin futures is set to begin at 18:00 ET on Sunday.
Russia will provide Egypt with a $25 billion loan, equivalent to 85 percent of the construction cost of the new nuclear plant. (File photo)
20:28 GMT
Russia will provide Egypt with a $25 billion, 3 percent annual interest loan for the construction of the Dabaa plant.
"Buy our gas and you'll save oil," President Vladimir Putin told Saudi Arabia's Energy Minister Khalid al-Falih. (AFP)
20:14 GMT
Russia is seeking new buyers for its gas supplies, with Saudi Arabia a potential market for Moscow's newly-exploited Arctic gas.

December 7, 2017

A Dubai-based startup promises to sell your house in less than 30 minutes. Here's how. (File photo)
14:06 GMT
A Dubai-based startup promises to sell your house in less than 30 minutes. Here's how.
Here are some of the key things your company should do at this time of the year. (Pexels)
13:53 GMT
Here are some of the key things your company should do at this time of the year.
An official said Mecca applies simulation programs to ensure the smooth flow of crowds at Mecca's Grand Mosque. (File photo)
13:43 GMT
The General Presidency for the Affairs of the Grand Mosque and the Prophet’s Mosque said it applies simulation programs to ensure the smooth flow of traffic in the mataf courtyard.
New research says cigars may pack the same or more nicotine for users than cigarettes. (Pexels)
13:38 GMT
Think cigars are safer than cigarettes? Think again, new research warns.

December 6, 2017

Startups and SMEs represent more than 90 percent of the companies in Lebanon, according to a new study by Fransabank. (File photo)
15:19 GMT
A study has showed that nearly 90 percent of the local businesses in Lebanon belong to startup projects and small- to medium-size enterprises.
South Sudan still owes neighboring Sudan $1.3 billion of the amount agreed upon in the 2012 oil deal. (AFP)
15:11 GMT
South Sudan still owes neighboring Sudan up to $1.3 billion in oil debt as part of a 2012 deal the two countries inked to end their disputes over oil.
Billionaire and businessman Prince Alwaleed bin Talal was among those who were detained in a sweeping anti-corruption purge of the Saudi elite. (AFP/ File)
15:04 GMT
Many of those detained in a sweeping anti-corruption purge of the Saudi elite struck monetary settlements in exchange for their freedom, the Saudi attorney general said.
Emirates REIT has successfully closed a $400 million five-year Sukuk with a profit rate of 5.12 percent per annum. (Emirates REIT)
14:49 GMT
Emirates REIT has successfully closed a $400 million five-year Sukuk with a profit rate of 5.12 percent per annum.
The UAE is the second-largest recipient country of foreign direct investment (FDI) in the Middle East, and the 11th largest in Asia. (File photo)
14:42 GMT
The UAE is the second-largest recipient country of foreign direct investment (FDI) in the Middle East, and the 11th largest in Asia.

December 5, 2017

If you want this to be your biggest CSR year yet, just take a look at these benefits. (Pexels)
15:37 GMT
If you want this to be your biggest CSR year yet, just take a look at these benefits.
Nokia 9 could be unveiled on January 19. (File photo)
15:35 GMT
The new Nokia 9 could be unveiled on January 19.
Even someone with a salary of Dh10,000 can climb onto the property ladder today, provided they can arrange for the up-front payment and registration charges. (Pexels)
15:23 GMT
Even someone with a salary of Dh10,000 can climb onto the property ladder today, provided they can arrange for the up-front payment and registration charges.
It sounds like Samsung could have a surprise in store for the Galaxy S9 launch in 2018. (Pexels)
15:18 GMT
It sounds like Samsung could have a surprise in store for the Galaxy S9 launch in 2018.
Money, benefits, title and commute are not everything you should be assessing in a job opportunity. Here's what else you should be looking at. (File photo)
15:15 GMT
Here are a few points that you must consider when assessing a new employer.
The egg-sized, 709-carat diamond is one of the largest ever discovered in Sierra Leone. (Reuters)
15:06 GMT
The stone had gone to British billionaire and jeweler Laurence Graff.
"The MoU highlights our commitment to [enhancing] clean energy technologies that would enable sustainable development in line with Saudi Vision 2030." - Khalid Al Falih, Saudi Minister of Energy (Courtesy of SPA)
14:40 GMT
Khalid Al Falih, the Saudi Minister of Energy, and the U.S. Secretary of Energy Rick Perry on Tuesday signed a Memorandum of Understanding (MoU) to establish a framework for cooperation in clean energy.
Turkey's inflation rose exponentially during 2017, from 9 percent in January to almost 13 percent in November. (AFP/ File)
14:22 GMT
Turkey's inflation rose exponentially during 2017.
Middle East airlines will see net profits doubling to $600 million in 2018, up from the $300 million they made in 2017, according to IATA. (File photo)
14:00 GMT
The global airlines industry will return to record profit in 2018 on the back of strong travel demand and recovering world economies, according to IATA.
Travel agencies in Saudi Arabia can now issue visas for tourism. (AFP/ File)
13:50 GMT
Travel agencies in Saudi Arabia can now issue visas for tourism.

December 4, 2017

"The UAE supports Jordan, and is returning 'favors' to the Kingdom." - UAE ambassador. (File photo)
14:30 GMT
UAE envoy says the project is a ‘thank you’ for Jordan.
Shops found to be employing foreigners will face a fine of SR20,000 ($5,324) for each expat worker. (File photo)
14:12 GMT
Shops found to be employing foreigners will face a fine of SR20,000 ($5,324) for each expat worker.