Achieving a significant milestone, American electric vehicle (EV) manufacturer Lucid Group has officially announced the commencement of Air electric sedan at its first international manufacturing f

Saudi Arabia is preparing to launch a new electric vehicle (EV) brand, called Ceer, in partnership with Taiwanese multinational contract manufacturer Foxconn.

Crude oil has faced major decline in the recent months and investors have been closely following the trends in the energy sector.

Crude oil has become the focus of all investor talks this week as the energy markets witnessed West Texas Intermediate contract selling for no money (even in negative as per some reports).

Riyadh  - Dennis Ross, US President Barack Obama's special envoy to the Gulf and Southwestern Asia, on Wednesday arrived in Saudi Arabia at the start of his first tour of the region since taking office, the Saudi official news agency reported.

The official Saudi Press Agency (SPA) said that Ross met with the Saudi Foreign Minister Prince Saud al-Faisal, and that the two discussed "bilateral relations and regional issues of mutual concern."

Tehran - Iran and Arab states have become involved in a renewed dispute over the term Persian Gulf, Tehran media reported Wednesday. The dispute this time concerns the Islamic Solidarity Games to be held in Iran and a request by Saudi Arabia to remove the term Persian Gulf from game medals and brochures.

Two Saudi officials of the Islamic Solidarity Sports Federation told the Iranian side that Arab states would only participate in the games if the term Persian Gulf was replaced with the Arabian Gulf or just Gulf.