Saudi Arabia, Egypt to boost energy cooperation after high-level meeting

Middle East sovereign investors are exploring emerging markets as geopolitical tensions rise, study says RIYADH: Middle East sovereign investors are following their global counterparts in prioritizing India and other emerging markets amid concerns over geopolitical tensions, an analysis said. In its latest report, Invesco, a US-based investment management firm, said 88 percent of global wealth … Read more

Flydubai says expansion plans have been hindered by Boeing delays

RIYADH: Bandar Alkhorayaf, Saudi Arabia's Minister of Mines and Industries, will visit Brazil and Chile this week, the ministry said on Sunday. In Brazil, he will hold meetings with officials to discuss expanding the kingdom's mining capacity, food processing and aviation, while in Chile he will explore lithium production, needed for electric vehicle batteries. “This … Read more