RIYADH: Saudi Arabia’s sovereign wealth fund is in early talks to buy the Kingdom’s flagship airline as part of transforming the country into a tourist destination.

CAIRO: The EU and Egypt on Sunday signed a €7.4 billion ($8 billion) financial package to support the indebted North African country, boost energy sales to Europe and stem irregular migrant flows.

RIYADH: Saudi Arabia offers significant growth potential for foreign banks operating in the Kingdom to meet the increasing demand from Chinese clients, according to a senior banker. 

NEW DELHI: Oil prices ticked up in Asian trade on Monday, extending gains from last week when prices rose nearly 4 percent on the view that supply was tightening, with the risks heightened by further attacks on Russian energy infrastructure, according to Reuters.

RIYADH: Banks in Saudi Arabia granted residential mortgage loans worth SR7.54 billion ($2 billion) to individuals in January 2024, marking an 11-month high according to the data issued by the Kingdom’s central bank.

RIYADH: Travelers to Saudi Arabia will be able to enjoy greater flight availability thanks to the Kingdom’s flynas airline increasing its capacity by 25 percent.