Saudi Arabia has seen a 20 percent surge in passenger travel figures so far in 2024, the President of the General Authority of Civil Aviation (GACA) Abdulaziz al-Duailej said at the Future Aviation Forum in Riyadh.

More than a dozen of the world’s leading artificial intelligence firms pledged at a global summit on Wednesday to develop and use their technology safely, as concern rises over the lack of safeguards for ChatGPT-style AI systems.

KARACHI: The Competition Commission of Pakistan has granted a time-bound exemption on relevant clauses of a product supply agreement between Saudi oil giant Aramco and Gas & Oil Pakistan Ltd.,  known as GO Petroleum, for the import and sale of petrol and diesel products to Pakistan, the CCP said on Tuesday.

The EU says the law will protect citizens from AI’s dangers while harnessing the technology’s potential in Europe

RIYADH: Saudi Arabia’s point-of-sales spending registered a 6.9 percent decline in the third week of May, compared to the previous seven days, reaching SR11.65 billion ($3.11 billion), official figures showed. 

RIYADH: Net profit of banks in the Gulf Cooperation Council region surged by 10.5 percent year-on-year in the first quarter of 2024 to $14.4 billion, an analysis showed.