Saudi Arabia is always ready for multiple oil price scenarios, and budgets are driven by priorities, the kingdom's economy minister said on Tuesday. "We're…
Qatar's sovereign wealth fund (QIA) is planning to at least double its annual US investments in the next decade, its CEO said on Tuesday, after the fund has…
Oil prices steadied on Tuesday due to uncertainty in US Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious…
Gold prices eked out gains on Tuesday, buoyed by a lower dollar, while investors cautiously turned their attention to further developments in Russia-Ukraine…
The dollar slipped on Tuesday after declining for a week, weighed down by the Federal Reserve's caution over the economy and as US lawmakers came closer to…
The Public Investment Fund has held the second edition of the Directors’ Gathering, bringing together more than 1,000 top executives from Saudi Arabia and…
Saudi Arabia is attracting foreign direct investment (FDI) at a pace that is generating more than 39,000 jobs each year as the Kingdom’s investment climate…
Kuwait plans to return to the global debt market this year and is expected to borrow between $10 to $20 billion during the current fiscal year to finance…
Oil slipped on Monday, weighed down by Moody's downgrade of the US sovereign credit rating and official data that showed slowing growth in China's industrial…
The Public Investment Fund (PIF) announced on Monday the opening of a new subsidiary company office in Paris, expanding its global presence and deepening ties…
Taiwan’s Foreign Minister Dr. Lin Chia-Lung believes that his country will play a main role in semiconductors supply chains, explaining that the COVID-19…
Saudi Arabia’s aviation sector recorded robust growth in 2024, as airports across the Kingdom welcomed more than 128 million passengers—a 15 percent increase…
The Saudi Central Bank has instructed all banks and financial institutions in the Kingdom to update their internal technical systems to comply with the newly…
Gold prices climbed on Monday as a softer dollar and renewed trade concerns, following US Treasury Secretary Scott Bessent's reaffirmation of President Donald…
White House AI and Crypto Czar David Sacks said President Donald Trump’s signing of an AI Partnership with Middle East countries is a “masterstroke,” and “a…
Oman’s Hydrom, the Public Authority for Special Economic Zones and Free Zones (OPAZ), and ACME Group signed on Sunday a Project Development Agreement and…
Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the US sovereign credit rating, as the Republican-controlled Congress tried to push…
US Vice President JD Vance met European Commission President Ursula von der Leyen and Italian Prime Minister Giorgia Meloni on Sunday, and said he hoped their…
China on Sunday announced anti-dumping duties as high as 74.9% on imports of POM copolymers, a type of engineering plastic, from the United States, the…
A US sovereign downgrade by Moody's has exacerbated investor worries about a looming debt time-bomb that could spur bond market vigilantes who want to see more…
President Donald Trump on Saturday said in a social media post the US Federal Reserve should cut rates "sooner, rather than later." Trump also criticized…
Türkiye has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on…
The European Investment Bank is working on a new project to enhance European capabilities on artificial intelligence and semiconductors, with the aim of…
King Abdulaziz City for Science and Technology (KACST) and the California Institute of Technology (Caltech) have signed a new addendum to their existing Joint…
Syria plans to print a newly-designed currency in the UAE and Germany instead of Russia, three sources told Reuters, reflecting rapidly improving ties with…
The World Bank on Friday said it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi Arabia and Qatar, making the country…
The United States and the United Arab Emirates plan to spend a total of $440 billion in the energy sector over the next decade, Sultan al-Jaber, the UAE oil…
Oil prices edged up on Friday, heading for a second consecutive weekly gain on easing US-China trade tensions, although the optimism was somewhat offset by…