Tech firms tumbled Thursday as investors contemplated the outlook for the AI boom after Democrats swept the US midterms, partly on the back of growing anger…
On a windy hillside about an hour's drive northwest of Istanbul, the Catalca power plant was one of Türkiye's first large-scale wind farms and has been feeding…
Saudi Arabia's General Organization for Social Insurance (GOSI) has made businesses that have ceased operations and exited the Saudi market eligible for a 100%…
Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Iraq's cabinet has approved the 2025–2026 winter agricultural plan, which includes planting one million dunams (100,000 hectares) using surface (river) water,…
Iraq has cancelled the loading of three crude oil cargoes from Lukoil in November, two market sources told Reuters on Tuesday citing concerns over US and UK…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea…
Russian President Vladimir Putin on Tuesday ordered the Russian cabinet to draw up by December 1 a road map for the extraction of rare earth minerals. In a…
The Turkish Central Bank's total reserves fell by another $1.5 billion last week, according to bankers' calculations, after having dropped by double-digits in…
Libya is considering raising its oil output to 1.6 million barrels per day next year, and 1.8 million bpd in 2027, the country's Oil Minister Khalifa…
Asharq Al-Awsat has learned that Saudi Arabia has extended the authority of its Minister of Finance to grant exemptions from certain provisions of the…
Qatar’s Minister of State for Energy Affairs, Eng. Saad bin Sherida Al Kaabi said on Monday that his country will not be delivering liquefied natural gas (LNG)…
Türkiye will crack down on market manipulation by "certain" investment funds with tougher penalties and new regulations, Finance Minister Mehmet Simsek said on…
Senior officials in the energy sector agreed Monday during the Abu Dhabi International Petroleum Exhibition and Conference “ADIPEC” that global oil demand has…
Yusef Al-Yusef, Global Head of Distribution at Investcorp, stressed that Saudi Arabia represents the cornerstone of the company’s investment strategy in the…
China's President Xi Jinping on Tuesday sought to expand mutual investment with Russia and affirmed Beijing's commitment to advance ties despite "turbulent"…
The Jeddah Transport Company signed on Monday a memorandum of understanding with Electric Vehicle Infrastructure Company (EVIQ) to deepen their cooperation in…
Saudi Minister of Industry and Mineral Resources and Board Chairman of the National Industrial Development Center (NIDC) Bandar Alkhorayef chaired in Riyadh on…
Saudi Arabia’s Public Investment Fund (PIF) and ACWA Power signed a memorandum of understanding (MoU) to explore opportunities to develop power and water…
Jamaica’s peak tourism season is one month away, and officials in the hurricane-ravaged nation are rushing to rebuild from the catastrophic Category 5 storm…
Tunisian bank workers began a two-day strike on Monday to demand pay rises, halting all financial transactions as the country struggles with an economic crisis…
BlackRock is reinforcing its long-term investment strategy in Saudi Arabia, viewing the Kingdom as a cornerstone of its regional growth plans. Kashif Riaz,…
Turkish inflation eased to 32.87% annually and to 2.55% monthly in October, both below expectations, according to official data on Monday that could reinforce…
US President Donald Trump's administration is prepared to raise tariffs on China if Beijing continues blocking rare earth exports, Treasury Secretary Scott…
The eight key members of the OPEC+ alliance on Sunday said they had agreed a further slight hike to their oil production. The eight members taking part in…
Iraq signed a deal with Türkiye on Sunday under which water infrastructure projects to be carried out by Turkish firms will be financed with revenue from oil…
A leading Chinese automaker has chosen Jazan, in southern Saudi Arabia, as the site for a state-of-the-art car manufacturing complex, with investments…
Asia-Pacific leaders on Saturday agreed that trade and investment should advance in a way that brings benefits to all, a joint declaration showed, following…