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…
Saudi Arabia’s stock market surged on Wednesday after reports that the Capital Market Authority (CMA) is close to approving a landmark change lifting the…
Russia is expected to start natural gas production at the new Sakhalin-3 project in the Pacific Ocean in 2028 to supply gas to China and for domestic needs,…
Lesotho's trade minister said on Wednesday that the US plans to extend the African Growth and Opportunity Act (AGOA), which gives the continent preferential…
As Saudi Arabia celebrated its 95th National Day on Tuesday, the Kingdom is showcasing rapid economic reforms designed to cement its role as a global business…
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef held separate meetings in China with Minister of Natural Resources Guan Zhi’ou…
Saudi Minister of Transport and Logistic Services and General Authority of Civil Aviation (GACA) Chairman Saleh Al-Jasser underscored on Tuesday the Kingdom’s…
The Russian finance ministry said on Wednesday it was proposing to raise the rate of value-added tax (VAT) to 22% from 20% from 2026 in order to fund military…
Once a symbol of cultural prestige, Iran's handmade rugs are no longer selling as fast as they once did, as sanctions weigh on an already troubled economy and…
Canadian Prime Minister Mark Carney said he had "constructive" trade talks with Chinese Premier Li Qiang and expected the dialogue to deepen over time, as both…
The industry and mineral resources ecosystem launched its participation at Hannover Messe "Industrial Automation Show" in Shanghai, China, reported the Saudi…
Morocco's central bank left its benchmark interest rate at 2.25% on Tuesday, citing persistent global and domestic uncertainties. Trade tensions, conflicts in…
Pipeline oil exports from Iraq's Kurdistan region to Türkiye had yet to restart on Tuesday despite hopes of a deal to end the deadlock, as two key producers…
Jordan's state grains buyer purchased about 60,000 metric tons of hard milling wheat to be sourced from optional origins in an international tender on Tuesday…
Russian Deputy Energy Minister Pavel Sorokin said on Tuesday that further restrictions on fuel exports are possible if needed, the Interfax news agency…
Euro zone economic growth continues to hold up as Germany's budget largesse props up sentiment and offsets turmoil in France, but more weakness may be ahead as…
Global growth is holding up better than expected, but the full brunt of the US import tariff shock is still to be felt as AI investment props up US activity…
The Organization for Economic Cooperation and Development cut its economic outlook for Germany on Tuesday, though it upgraded its forecast for the euro zone…
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart an…
Gold prices steadied on Tuesday after reaching a record high, underpinned by expectations of more US rate cuts and a weaker dollar, as investors awaited…
The World Bank announced on Monday the opening of a new regional hub in Riyadh, Saudi Arabia, to serve the Middle East, North Africa, Afghanistan, and Pakistan…
Kuwait's crude oil production capacity stands at 3.2 million barrels per day, oil minister Tariq Al-Roumi said in an interview with the Kuwaiti newspaper Al…
Oil prices were little changed on Monday as concerns over Russia and the Middle East were countered by oversupply jitters. Brent crude oil futures, which have…
Gold surged to a record high on Monday, buoyed by investors' heightened expectations of a dovish rate-cut path, ahead of remarks by multiple Federal Reserve…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef kicked off on Monday an official visit to China, which will continue until September 26. …