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…
Gold slipped from a near two-week high on Tuesday as the dollar firmed, though losses were capped by bolstered bets on Federal Reserve rate cuts. Spot gold…
Russia accused the United States on Tuesday of exerting illegal trade pressure on India after US President Donald Trump threatened again to raise tariffs on…
Experts told Asharq Al-Awsat that the International Monetary Fund’s (IMF) latest report on Saudi Arabia’s economy - highlighting positive indicators across all…
Amid the US Federal Reserve’s continued decision to hold interest rates between 4.25% and 4.5%, central banks across the Gulf Cooperation Council (GCC) have…
Hungarian Prime Minister Viktor Orban promised that the return of his "dear friend" Donald Trump as US president would usher in a new "golden age". But trade…
The Executive Board of the International Monetary Fund (IMF) has commended the strong performance of the Saudi economy and its resilience in the face of…
The Saudi Ministry of Industry and Mineral Resources announced the establishment of a non-profit association focused on precious metals and gemstones, aimed at…
The Saudi Ministry of Finance welcomed the recent report from the International Monetary Fund (IMF) following its 2025 Article IV Consultation with the Kingdom…
Saudi Arabia’s banking sector has achieved record-breaking quarterly earnings, reporting its highest-ever profits during the second quarter of 2025. According…
Japanese Prime Minister Shigeru Ishiba said on Monday he will not hesitate to hold talks with President Donald Trump to ensure an agreed cut to US automobile…
Turkish annual consumer price inflation dipped more than expected to 33.52% in July, official data showed on Monday. Month-on-month, inflation was 2.06%, the…
Saudi Arabia’s Takamol Holding and Bahrain’s Labor Fund (Tamkeen) signed a strategic memorandum of understanding (MoU) aimed at exploring areas of…
SABIC announced its financial results for the second quarter of 2025, with an adjusted net income of SAR0.5 billion compared to an adjusted net loss of SAR0.1…
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE,…
Formula E’s partnership with Saudi Arabia and the Kingdom’s Public Investment Fund (PIF) is emerging as a global benchmark for redefining the future of…
Fair competition is emerging as a cornerstone of Saudi Arabia’s economic transformation, serving not only as a market principle but as a vital engine for…
Egypt’s Ministry of Petroleum and Mineral Resources announced on Saturday the arrival of the ENERGOS FORCE floating storage and regasification unit (FSRU) at…
Oman's state-owned Integrated Gas Company approved a new gas pipeline worth 105 million Omani riyals ($272.73 million), state news agency ONA said on Saturday…
Türkiye’s trade deficit narrowed 12.1% year-on-year to $6.4 billion in July, Trade Minister Omer Bolat said on Saturday. Bolat said exports rose to $25…
Azerbaijan will export 1.2 billion cubic meters of gas annually to Syria from the BP-operated Shah Deniz gas field in the Azeri Caspian Sea, a senior official…
Despite a downturn in July, financial analysts view the current levels of Saudi Arabia’s stock market as an attractive entry point for long-term investors, as…
US President Donald Trump's latest wave of tariffs on exports from dozens of trading partners sent global stock markets tumbling on Friday and countries and…
Oil prices were little changed on Friday and heading for a weekly gain, as investors weighed the impact of further tariffs and sanctions by US President Donald…
World shares retreated Friday following choppy trading on Wall Street that saw more losses and as investors assess President Donald Trump's order imposing new…