Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
Dammam Airports CEO Eng. Mohammed Al-Hassany and President of WSP for the Middle East and Asia Dean McGrail signed on Sunday a design contract to develop the…
Iraq’s Ministry of Oil signed on Sunday an agreement with the US company Chevron to provide technical consultancy to the Basra Oil Company. The agreement was…
Gold prices eased on Monday as a surge in oil prices stoked inflation concerns, boosting expectations that the US Federal Reserve may raise interest rates at…
ROSHN Group will serve as the Host Partner for Saudi Mega Projects 2026, a summit highlighting Saudi Arabia's major development projects, to be held from…
Food security in the Middle East, North Africa, Afghanistan, and Pakistan is no longer merely a question of how much food is available on people’s tables. It…
OpenAI will not go public this year, the company's chief executive Sam Altman said in an interview released on Saturday, citing safety concerns over artificial…
Hyundai Motor Group ‌will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two years later than planned, turning to…
Credit rating agency S&P Global affirmed Saudi Arabia's credit rating at A+ with a stable outlook, according to its latest report. It stated that the stable…
CEER, Saudi Arabia's first automotive company and Original Equipment Manufacturer (OEM), has announced the reveal date of the world premiere of its first…
Oil prices fell on Friday but remained on course for a weekly gain of more than 8% while US diesel prices hit a record high as attacks along Middle East…
Gold prices rose on Friday, but were headed for a weekly loss, as oil slipped from multi-month highs and assuaged some inflationary concerns, as investors…
France's economy will grow less than expected this year and the government will miss its budget deficit target, Finance Minister Roland Lescure said on Friday…
Two European Central Bank policymakers opened the door on Friday to further interest rate increases if a war-fueled rise in energy prices continues and pushes…
The dollar held near its highest levels of the past week in Asian trading on Friday as renewed fears of energy supply disruptions in the Middle East pushed up…
Britain's economy grew unexpectedly in July, official data showed Friday, driven higher by the artificial intelligence sector. Gross domestic product…
More than 75 million tourists visited Gulf Cooperation Council countries in 2025 as the region’s tourism sector continued to expand, recording an annual growth…
Trade can grind to a halt before ports close or shipping lanes are blocked. Disruption can begin elsewhere, when cargo or vessels become too costly or…
Türkiye's central bank left its key interest rate at 37% on Thursday, as expected, keeping it unchanged for a fifth consecutive meeting as it continues to…
OPEC on Thursday lowered its forecast for world oil demand growth in 2026 to 380,000 barrels per day, a copy of its monthly report showed, marking the fifth…
HSBC Chief Financial Officer, Pam Kaur, plans to step down in 2027, the latest high-profile executive departure at the Asia-focused lender. Kaur will not…
Red Sea Global has announced the launch of scheduled flights connecting Abu Dhabi with Red Sea International Airport from October 4. The inaugural flight will…
Minister of Communications and Information Technology Abdullah Alswaha held a series of meetings with leaders of major global technology and investment…
China’s passenger car exports in the first eight months of this year already surpassed last year's total, an industry association said Thursday, though…
Saudi Arabia’s Insurance Authority is tightening oversight of motor insurance pricing to ensure rates are fair, sound and sustainable, while curbing practices…