From buildings and megaprojects to data centers, demand for air-conditioning and cooling solutions is expanding across Saudi Arabia, driven by rapid…
Gold slipped on Monday as strong US jobs data reinforced expectations for higher interest rates, while investors awaited key US inflation reports due later…
Undersecretary of the Ministry of Municipalities and Housing for Stimulating Housing Supply and Real Estate Development Abdulrahman bin Abdullah Al-Tawil…
Oil prices extended gains on Monday as tit-for-tat strikes between the US and Iran on vessels sailing in the Strait of Hormuz and other areas heightened…
Oman and Yemen signed two joint cooperation agreements on Sunday concerning an electricity interconnection project between the power grid in Oman's Dhofar…
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait,…
Chips are no longer merely electronic components hidden inside devices. They have become the foundation of the artificial intelligence economy, as global…
Iraq has raised its oil export capacity to more than 3 million barrels per day, Iraq's oil minister said, according to state media on Saturday. Iraq has…
China's finance ministry will inject 57 billion yuan ($8 billion) into three state-owned insurers, the companies said on Sunday, in a coordinated push by…
Türkiye's government projects gross domestic product growth accelerating to 5% by 2029, up from 3.3% forecast for this year, Vice President Cevdet Yilmaz said…
The US and China are gearing up to discuss AI safety risks during a dialogue planned for mid-September, two sources briefed on the discussions told Reuters, as…
Saudi health research is moving beyond laboratories and research centers into investment forums and international partnerships, emerging as a new driver of…
With the war in the Middle East still raising energy costs, Americans face record-high gasoline prices for Labor Day weekend, just as political campaigns kick…
Deputy Minister of Investment for Economic Affairs and Investment Studies Dr. Saad Alshahrani affirmed that China is a strategic investment partner for Saudi…
The fifth edition of the SEREDO Expo for Real Estate Development and Ownership 2026 kicks off on Sunday and runs through September 8 at the Jeddah Superdome,…
Türkiye plans to make implementation of climate commitments and financing a central focus of its presidency of the UN COP31 climate conference, seeking to move…
Global ratings ‌agency Fitch removed Qatar from "Rating Watch Negative" and maintained its sovereign rating at "AA" on Friday, citing reduced risks to its…
Under the patronage of Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region Prince Khalid bin Faisal bin Abdulaziz, Jeddah will host…
The manager of Norway's $2.3 trillion sovereign wealth fund has proposed significantly cutting its exposure to US Treasuries as part of a wider shake-up of its…
J.P. Morgan and BNP Paribas said on Thursday they expect the European Central Bank to deliver another 25-basis-point rate hike in December, as persistent…
The US Treasury Department on Friday imposed sanctions on a Turkish bank over its alleged ties to Iran's Revolutionary Guard Corps (IRGC), as Washington pushes…
Dammam Airports Company achieved a significant milestone by receiving six international accreditations in accessibility, health and safety, and customer…
The price of diesel -- the vital fuel used for road hauling, agriculture and construction -- hit a new record in the United States on Friday, the AAA motorists…
World food prices rose in August to their highest since late 2022, as adverse weather and war disruption in the Gulf and Black Sea heightened concern over…
The devastating flood in Nepal last week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with hydropower…
Gold prices were steady on Friday and poised for a modest weekly gain, as traders' attention turned to key US payrolls data for clues on the Federal Reserve's…
Oil prices rose on Friday, heading for their steepest weekly gain since mid-July, as rising tension and renewed US-Iran hostilities heightened concerns over…
LEAP 2026 concluded its fifth edition on Thursday, organized by the Ministry of Communications and Information Technology (MCIT), the Saudi Federation for…