Economy

Riyadh: Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla...

Istanbul: Turkey doubled tariffs on some US imports including cars, beverages and tobacco on Wednesday in retaliation for US moves, but the lira rallied a...

Muscat: Ooredoo has announced the appointment of Saoud Hamad Said Al Riyami as its new Director of Business (Sales). In his new position, Saoud will play a...

Muscat: A meeting was held on Tuesday to apprise Omani companies of the preparation updates for the upcoming Omani Products Exhibition (Opex), which will be...

Istanbul: The Turkish lira pulled back on Tuesday from a record low hit a day earlier, helped by the central bank's liquidity measures and news of a...

Muscat: Almost half of the UAE CEOs in the retail industry intend to start using artificial intelligence (AI) in the next two years, as they are...

Beijing: The Chinese government is expediting plans to invest billions of dollars in infrastructure projects as its economy shows signs of cooling further,...

Mexico City: Mexican President-elect Andres Manuel Lopez Obrador said on Monday his administration will invest more than $11 billion to boost refining...

New York: Tesla Inc Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc...

Berlin: The German economy picked up more steam than expected in the second quarter, driven by higher household and state spending, suggesting that...