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…
Eight OPEC+ members agreed to raise oil production by 137,000 bpd in October, the group said in a statement on Sunday. The group's statement cited steady…
China's gold reserves stood at 74.02 million fine troy ounces at the end of August, up from 73.96 million at the end of July, as the central bank bought the…
Iraqi Prime Minister Mohammed Shia Al-Sudani on Saturday stressed the need for continued coordination and cooperation among member states of the Organization…
Two subsidiaries of OQ- the state-owned integrated energy group of Oman - signed a pair of strategic MoUs with Iraq’s State Oil Marketing Organization (SOMO)…
OPEC Secretary General Haitham Al Ghais said on Saturday that projections indicate oil output from OPEC+ under the leadership of OPEC members will increase to…
Iraq's state oil company SOMO is in advanced talks with ExxonMobil over a possible agreement to secure storage capacity in Singapore using tanks owned by the…
The Saudi Transport General Authority (TGA) conducted over 340,000 inspections in land and maritime transport across the Kingdom in August, registering more…
OpenAI has sharply raised its projected cash burn through 2029 to $115 billion as it ramps up spending to power the artificial intelligence behind its popular…
US President Donald Trump's short list of candidates to succeed Jerome Powell as chair of the Federal Reserve now includes his aide Kevin Hassett, former Fed…
US President Donald Trump signed an executive order offering some tariff exemptions as soon as Monday to trading partners who strike deals on industrial…
The dollar declined against major peers on Friday, trimming gains made this week as bond markets stabilised and traders awaited key US jobs data expected to…
Gold rose on Friday and headed for its best week in three months, supported by growing expectations of a Federal Reserve rate cut this month, as attention…
Oil extended its decline into a third session on Friday, heading for a weekly loss for the first time in three weeks as expectations grow of higher supply and…
World food prices hovered around their highest level in more than two years in August, as costlier meat, sugar and vegetable oil offset cheaper cereals and…
Since the launch of Saudi Arabia’s Vision 2030 programs in 2016, the Kingdom has sought to expand its economy by attracting foreign investment and fostering…
World shares rose Friday after US stocks climbed to a record as Wall Street made its final moves ahead of an update on the American job market that could clear…
US President Donald Trump signed an order on Thursday to implement lower tariffs on Japanese automobile imports and other products that were announced in July,…
Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi affirmed that the Gulf economy is achieving growth exceeding the global average, and…
Red Sea Global announced a new partnership with Qatar Airways to launch direct flights to Red Sea International Airport (RSI), connecting it with the Hamad…
Oil prices fell 1.5% on Thursday, adding to their more than 2% decline the previous session, as investors awaited a weekend meeting of OPEC+ at which producers…
Gold prices declined on Thursday, pulling back from a record high as investors locked in profits, while attention shifted to US jobs data for further insight…
Russian Deputy Prime Minister Alexander Novak said on Thursday that there is no set agenda for the next OPEC+ meeting, but participants always review the…
President Donald Trump will host a high-powered list of tech CEOs for a dinner at the White House on Thursday night. The guest list is set to include…
Colombia's coal exports fell by almost half in July compared to the same month last year, official figures showed Wednesday, amid a global price crisis and…