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…
Standard & Poor’s (S&P) has raised Lebanon’s long-term local currency credit rating to CCC from CC, maintaining a “stable” outlook. However, the agency…
A planned visit by US trade negotiators to New Delhi from August 25-29 has been called off, a source said, delaying talks on a proposed trade agreement and…
Egypt registered a record primary surplus of 629 billion Egyptian pounds ($13 billion) in the 2024-2025 fiscal year, equal to 3.6% of the country's gross…
Japan's government on Friday brushed aside rare and explicit comments from US Treasury Secretary Scott Bessent who said the Bank of Japan was “behind the curve…
US President Donald Trump said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but…
China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday…
Prime Minister Narendra Modi said Friday that India is seeking self-reliance in energy independence and the development of its own powerful defense systems,…
Mauritania and Saudi Arabia are working to launch a strategic iron mining partnership as part of efforts to expand economic cooperation and boost mutual…
Saudi Arabia’s annual inflation rate slowed to 2.1% in July, down from 2.3% in June and below market expectations of 2.3%, official data showed on Thursday. It…
A delegation from Saudi Arabia’s transport sector, led by the Transport General Authority (TGA), has visited the United Kingdom (UK) Department for Transport…
Saudi Aramco said Thursday that it signed an $11 billion lease and leaseback deal involving its Jafurah natural-gas processing facilities with a consortium of…
Abha Chamber of Commerce and Industry officials met with Ambassador of Belgium to Saudi Arabia Pascal Grégoire to discuss ways to develop trade relations and…
Türkiye's central bank announced interim targets for inflation in a new communication strategy on Thursday, setting a target of 24% for end-2025 and 16% for…
The General Authority for Statistics (GASTAT) said Saudi Arabia’s annual inflation rate remained relatively stable at 2.1% in July 2025 compared to the same…
Housing finance for individuals in Saudi Arabia surged by 15% in the first half of 2025, reaching $12.8 billion (SAR48 billion), compared to $11.1 billion …
Saudi Arabia’s Public Investment Fund (PIF) has continued to cement its role as a driving force behind the Kingdom’s economic transformation, posting record…
Oil prices edged higher on Thursday, regaining ground after a sell-off in the previous session, with the upcoming meeting between US President Donald Trump and…
A leading real estate developer in the United Arab Emirates has celebrated the debut of its $500 million 5-year Senior Unsecured Sukuk on the London Stock…
The Saudi General Authority for Military Industries (GAMI), in strategic partnership with the Human Resources Development Fund (HRDF), announced on Wednesday…
Egypt's gas production is expected to reach 6.6 billion cubic feet per day by 2027, Prime Minister Mostafa Madbouly said on Wednesday. Egypt's natural gas…
Gold rose on Wednesday as expectations of a US Federal Reserve interest rate cut in September gained traction following mild inflation data, while a weaker…
Oil prices fell on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday's meeting between US President Donald Trump…
Egypt has signed a deal with China's Sailun Group to build an automotive tire factory in the Suez Canal Economic Zone, with total investments of $1 billion, a…
In a bold move reflecting Saudi Arabia’s rapidly accelerating digital transformation, tech company HUMAIN is preparing to launch “Allam” - a foundational…