Egypt has signed renewable energy deals worth a combined $1.8 billion, state TV reported on Sunday. Among the deals were contracts with Norwegian renewable…
Iraq’s Prime Minister Mohammed Shia al-Sudani stated on Saturday that the government is moving forward with the development of clean and renewable energy…
Saudi Arabia enters a new phase described as one of the most sensitive and influential in the course of its economic transformation, according to the…
Iraq's oil minister said on Saturday that talks were ‌ongoing ‌with ‌US major Chevron regarding ‌the Lukoil-operated West Qurna-2 field,…
China's annual consumer price inflation accelerated to a 34-month high in December, but the full-year rate slumped to the lowest in 16 years while producer…
Saudi Arabia’s business environment attracted 123,000 new commercial registrations in the fourth quarter of 2025, pushing the total number of active…
Saudi Basic Industries Corporation (SABIC) has announced a major overhaul of its global portfolio, accelerating its exit from petrochemical and engineering…
Lebanon ’s government on Friday signed a deal with an international consortium to explore gas in an offshore area bordering Israel. The deal for exploration…
World food prices declined for a fourth consecutive month in December, mostly pressured by dairy, meat and vegetable oil prices, marking the lowest average…
The Swiss National Bank made a profit of around 26 billion Swiss francs ($32.52 billion) in 2025, the central bank said on Friday, thanks to big increases in…
Aramco Digital, the technology subsidiary of Saudi Aramco, is set to launch the Kingdom’s national industrial communications network operating in the 450 MHz…
Oil prices rose on Thursday after two days of declines as investors assessed Venezuela developments and reports on progress of proposed US sanctions…
Gold prices fell on Thursday as investors braced for futures selling tied to a commodity index reshuffle, with a stronger US dollar adding pressure by making…
The Saudi Ministry of Commerce has released its business sector bulletin for the fourth quarter of 2025, highlighting performance trends and key developments…
President Donald Trump's administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers transporting…
A delegation from the Saudi Fund for Development, headed by its chief executive Sultan bin Abdulrahman Al-Marshad, discussed proposed priority projects in…
Economic experts said the Saudi Cabinet’s approval of the draft rules and procedures governing the National Minerals Program marks a decisive step that will…
Saudi Arabia marked a significant milestone in the maritime transport sector in 2025, with its national fleet recording a 32% growth rate compared to 2024. …
The Iraqi cabinet has approved nationalizing the petroleum operations in the West Qurna 2 oil field, in accordance with the provisions of a service contract…
Saudi Arabia’s Capital Market Authority (CMA) announced a landmark reform allowing all categories of foreign investors to invest directly in the Kingdom’s main…
China’s top diplomat began his annual New Year tour of Africa on Wednesday, focusing on strategic trade access across eastern and southern Africa as Beijing…
Morocco will halt exports of frozen sardines from February 1 to protect domestic supplies and contain prices, the cabinet member in charge of fisheries, Zakia…
The Saudi Cabinet approved on Tuesday the draft regulations and operating procedures of the National Minerals Program, which was authorized for establishment…
Saudi Fund for Development (SFD) Chief Executive Sultan Al-Marshad held talks in Damascus on Tuesday with Syrian Minister of Finance Mohammed Yusr Barniyeh,…
Standard Chartered Global Research said on Tuesday it believes the recent fiscal deficits in Saudi Arabia have not been a setback, but rather a catalyst of…
Saudi Arabia has successfully completed its first foray into international debt markets for 2026, issuing $11.5 billion in US dollar-denominated sovereign…
The Saudi Central Bank is spearheading a comprehensive regulatory and technical initiative to transform the Kingdom’s digital payments landscape, shifting from…
Egypt's non-oil private sector expanded for the second straight month in December, albeit at a slower pace, with firms benefiting from increased new orders and…