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Euro and Yen Recover After a Week of Declines
The euro and yen recovered on Wednesday after a week of declines that had pushed the dollar to its highest levels in more than a month and revived…
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Britons to Nominate the Next Face of the £20 Banknote
The Bank of England said on Tuesday that British citizens would, for the first time, help determine the historical figure—this time a creative figure—whose…
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Saudia Announces a Five-Year Transformation Plan
Saudi Arabian Airlines Director General Saleh bin Nasser Al-Jasser announced the launch of the company’s journey, “SV 2020: Together We Shape Our Future,”…
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Oil Prices Rebounded in April as US Production Growth Slowed
Oil prices rose about 20 percent in April amid signs of slower US production growth. Commercial oil inventories fell as the number of US drilling rigs…
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World Bank Presents Plans to Support Mortgage Finance in Egypt
World Bank representatives taking part in the second conference of the public-private Development Partnership initiative, titled “Partners in Developing…
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Saudi Arabia Set to Become the World’s Third-Largest Petrochemical Producer
Prince Turki bin Saud bin Mohammed, president of King Abdulaziz City for Science and Technology, said yesterday that Saudi Arabia continued to invest in…
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Saudi Arabia Says WTO Accession Conditions Affected Its Energy Interests
Saudi Deputy Minister of Petroleum and Mineral Resources Prince Abdulaziz bin Salman said that the demands made during Saudi Arabia’s accession to the World…
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Turkish Couple Suspected of Planning a Frankfurt Cycling Race Bombing
German authorities said yesterday that they had foiled a bombing plot against a public race scheduled around Frankfurt for today’s Labor Day holiday. The…
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Saudi Interior Ministry: 93 Arrested and Criminal Plots Foiled
The Saudi Interior Ministry announced on Tuesday that information from multiple surveillance operations had led to the early detection of terrorist…
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Ukraine-Born Blavatnik Tops Britain’s Rich List
The Sunday Times annual Rich List showed on Sunday that Ukraine-born billionaire Len Blavatnik had become Britain’s richest person, while Queen Elizabeth…