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Business News

  • Saudi Arabia’s capital Riyadh chosen to host the 2030 World Expo

    ISSY-LES-MOULINEAUX, France (AP) — Saudi Arabia’s capital Riyadh was chosen Tuesday to host the 2030 World Expo following its bid that focused on shaping a prosperous and sustainable future, beating out Rome and the South Korean port city of Busan for an event expected to draw millions of visitors.
  • China's Xi visits Saudi Arabia to cement Gulf Arab ties

    DUBAI, United Arab Emirates (AP) — Chinese leader Xi Jinping arrived in Saudi Arabia on Wednesday to attend meetings with oil-rich Gulf Arab nations crucial to his country's energy supplies as Beijing tries to revive an economy battered by its strict coronavirus measures.
  • UAE sheikhdom to allow gaming as Wynn Resorts plans project

    DUBAI, United Arab Emirates (AP) — One of the seven sheikhdoms in the United Arab Emirates said Tuesday it will allow “gaming” while announcing a multibillion-dollar deal with casino giant Wynn Resorts.
  • Dubai opens Expo 2020 to a world still reeling from pandemic

    DUBAI, United Arab Emirates (AP) — Dubai opened Expo 2020 in an extravagant ceremony Thursday that bathed the site’s signature central dome in light, a symbolic beacon for the city-state’s hopes that the world’s fair will draw tourists despite the coronavirus pandemic.
  • Gulf Arab leaders sign declaration to ease rift with Qatar

    AL-ULA, Saudi Arabia - Gulf Arab leaders signed a declaration Tuesday to ease a rift with Qatar, following Saudi Arabia’s decision to end a 3 1/2-year embargo of the tiny energy-rich country that deeply divided regional U.S. security allies and frayed social ties across the Arabian Peninsula.
  • Governments to invest in $875-million biofuel plant project southeast of Montreal

    MONTREAL - Quebec and federal officials announced an investment Tuesday in a biofuel production facility that will use non-recyclable residual materials, diverting those items from landfills while reducing greenhouse gases in the province.
  • With Climate Pledge Arena, Amazon puts promise in lights

    NEW YORK - Amazon is bringing its climate change message to a new arena. Literally.
  • As Gaza deteriorates, Israel turns to world for help

    GAZA, Palestinian Territory - Four years ago, Israel inflicted heavy damage on Gaza's infrastructure during a bruising 50-day war with Hamas militants. Now, fearing a humanitarian disaster on its doorstep, it's appealing to the world to fund a series of big-ticket development projects in the war-battered strip.
  • Oilsands pioneers recall big promise, big problems with industry's first mine

    FORT MCMURRAY, Alta. - The launch of Canada's first large-scale oilsands mine began on a cold and overcast September day in 1967, with speeches to a crowd of about 600 VIPs predicting incredible wealth would be unlocked from the massive energy resource in northern Alberta.

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