Saudi Arabia's imports in November fell 14.4 percent compared with a year earlier, while non-oil exports declined 12.6 per cent, data from the Central Department of Statistics and Information showed.
Non-oil exports dropped to
South Korean exports fell for an 11th straight month in November, while foreign orders shrank at a sharper pace, pointing to a further deterioration in global demand and prompting some analysts to call for more interest rate cuts.
Opec's second-largest producer, Iraq, plans to export 2.819 million barrels per day (bpd) of Basra crude from its southern oil terminals in November, trade sources said, citing a preliminary loading programme.
Saudi Arabia is expected to cut the prices of crude it sells to Asia in November after the Dubai benchmark weakened last month, in a move that will help the Organization of the Petroleum Exporting Countries (Opec) kingpin retain its market sha
The Dubai Maritime Agenda will be launched in November this year in line with the Dubai Maritime Sector Strategy's (MSS) key objectives.
In its bid to transform Dubai as a first-class global maritime hub, M
Fifa ended more than four years of uncertainty over the timing of the 2022 World Cup in Qatar by announcing that it would be played in November and December with the final on December 18.
Spokesman Walter De Gregorio said the wint
The Fifa Task Force set up to recommend the best time of year to stage the 2022 World Cup in Qatar were always in an impossible position, from the moment they sat down to consider the options.
But Tuesday's recommendation to s
The inflation in Opec member Kuwait edged up to 3.1 per cent year-on-year in November, according to official data.
The prices of food and beverages, which account for over 18 per cent of the basket, rose 3.3 per cent year-on-year
The Dubai Gold and Commodities Exchange (DGCX) recorded a 19 per cent growth in volumes in November, as compared to the same period last year, training more than 980,000 contract, valued at $28.5 billion.
The value of shares traded at Dubai Financial Market during November reached Dh19.6 billion ($5.33 billion), compared to Dh23.3 billion ($6.34 billion) recorded during October, down 15.9 per cent.
The number of shares traded decre