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…
The ripple effects of the escalating conflict between Iran and Israel are being felt in Yemen’s fragile economy. The already-depreciated Yemeni rial has fallen…
Amid mounting geopolitical tensions and growing economic uncertainty, the World Bank has warned that any conflict in the Middle East, particularly between…
The intensifying conflict between Iran and Israel is raising serious concerns over the safety of global trade routes and energy supplies. As the situation…
Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran's nuclear facilities. The…
Israeli stocks hit record highs on Sunday after the US attacked Iran's nuclear sites in strikes investors believe would likely prevent Tehran from developing…
The Islamic Development Bank (IsDB) and Türkiye have signed two financing agreements totaling some $740 million to support the country's recovery through…
As the conflict between Israel and Iran escalates, investors are analyzing several potential market scenarios, especially if the United States deepens its…
Head of Russia's largest oil producer Rosneft Igor Sechin said on Saturday that the decision by the OPEC+ to speed up output increase now looked far-sighted…
The Saudi Ministry of Tourism has intensified its inspection efforts across several summer tourist destinations in the Kingdom, reported the Saudi Press Agency…
President Vladimir Putin on Friday urged officials not to let Russia fall into recession "under any circumstances", as some in his own government warned of a…
Container shipping company Maersk said on Friday it had temporarily paused vessel calls at Israel's Haifa port amid regional tensions. The Danish company…
Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest rate cuts offset support…
Expo 2030 Riyadh Company (ERC), wholly owned by the Public Investment Fund (PIF), announced on Thursday the appointment of engineer Talal Al-Marri as its Chief…
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force for oil prices and the broader…
Gulf Cooperation Council (GCC) economies showed resilience in navigating global uncertainties while advancing economic diversification in non-oil sectors, the…
Syria has carried out its first international bank transaction via the SWIFT system since the outbreak of its 14-year civil war, its central bank governor said…
Saudi Aramco announced on Thursday the inauguration of the regional center for sustainable fishery development, Arabian Gulf branch, in cooperation with the…
Nine European Union countries have called on the European Commission to come up with proposals on how to discontinue EU trade with Israeli settlements in the…
The Public Investment Fund (PIF) announced the launch of Expo 2030 Riyadh Company (ERC), wholly owned by PIF, to build and operate the facilities of Expo 2030…
Gold prices gained on Thursday as fears of an escalating conflict between Israel and Iran drove investors towards the safe-haven metal, while platinum scaled…
Oil prices rose on Thursday after Israel and Iran continued to exchange missile attacks overnight and US President Donald Trump's stance on the conflict kept…
Russia's economy is on the verge of sliding into recession, Economy Minister Maxim Reshetnikov said at the St Petersburg International Economic Forum on…
As the conflict between Iran and Israel intensifies, experts warn that direct US involvement could trigger a dangerous escalation, most notably, the closure of…
Despite a noticeable slowdown in the pace of initial public offerings (IPOs) during the first five months of 2025, the Saudi stock market continues to attract…