Oil prices fell about 4% on Tuesday to fresh three-month lows as markets weighed prospects for a resumption of supplies through the Strait of Hormuz alongside…
Gold prices rose more than 1% on Tuesday as expectations of an interest rate hike from the US Federal Reserve this year eased, following an interim US–Iran…
Saudi Arabia is preparing to host Riyadh International Industry Week 2026, which will take place June 21–24 at the Riyadh International Convention and…
The war in Iran has exposed major risks for Southeast Asia that could cost the region many billions of dollars if it does not diversify sources of energy more…
Goldman Sachs lowered its fourth-quarter Brent crude oil price forecast to $80 from $90 and cut its 2027 average estimate to $75 from $80, after the US and…
The recent breakthrough in the Strait of Hormuz crisis is more than a temporary development aimed at ensuring the flow of energy shipments. It represents a…
Most ‌Gulf equities rose in early trade on Monday after the US and Iran announced a preliminary deal to end the war and restore traffic through the Strait…
Elon ‌Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company…
Global ratings agency Fitch on Monday affirmed China's long-term sovereign rating at "A" with a stable outlook, citing its large and diversified ‌economy,…
Saudi Arabia’s consumer price index (CPI) rose 1.8% year-on-year in May 2026, compared with the same month a year earlier, according to official data released…
Saudi Arabia’s Kingdom Holding Company said the fair value of its stake in SpaceX has reached $6.83 billion, marking what the company described as a major…
Gold rose more than 2% on Monday after US and Iran officials said they had reached an initial agreement to end their war, pushing oil prices lower and easing…
Oil prices slipped to their lowest since March on Monday after US President Donald Trump and Iran's deputy foreign minister said they had reached an initial…
Riyadh Air, Saudi Arabia's new national carrier, launched on Sunday its first domestic flight from Riyadh to King Abdulaziz International Airport in Jeddah. …
Saudi Arabia continues to reshape its real estate sector at a rapid pace, achieving structural advances that have placed quality of life at the heart of urban…
Iraqi Prime Minister Ali al-Zaidi has decided to cancel the Baghdad International Airport development project after corruption suspicions were raised, Iraqi…
SpaceX shares began trading on Nasdaq at a market value of $1.78 trillion, turning Gulf capital's role from market speculation into a documented fact. Last…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held two bilateral meetings in Astana with Kazakhstan’s Deputy Prime Minister and Minister…
US refiners can still absorb more Venezuelan crude, Energy Secretary Chris Wright said on Friday, as the South American country's output bounces following the…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held a series of bilateral meetings in Astana on Friday with leaders of several Kazakh…
Asset managers eager to roll out leveraged exchange-traded funds tied to SpaceX on its first trading day have been told to delay the launch until Monday, four…
Turkish Central Bank Governor Fatih Karahan said on Friday that price stability remains the top priority and that the disinflation process will continue…
The dollar found its footing on Friday after sliding the previous day as traders waited for confirmation that a ceasefire deal in the Middle East could be…
Gold prices fell on Friday and were on track for a weekly loss, pressured by concerns around inflation and potential US Federal Reserve interest rate hikes. …
Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister Keir Starmer as he…
Iran's oil supplies have registered a sharp decline since the tightening of the US naval blockade and the near-total closure of the Strait of Hormuz, which has…
Oil prices fell over $1 on Friday, extending losses from the previous session after US President Donald Trump cancelled plans to strike Iran, reducing fears of…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said Kazakhstan is a trusted partner in the critical minerals sector, which is essential for…