Gold climbed to its highest level in over two weeks on Thursday as the fallout from the US midterm election results rippled through the global financial and…
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%…
Türkiye's economy expanded 2.0% in the first quarter of the year, below expectations, official data showed on Friday. First-quarter gross domestic product …
Saudi banks achieved historic profits in the first quarter of 2025, recording their highest-ever quarterly earnings at $5.94 billion (SAR 22.26 billion). This…
Tunisia’s grain harvest to rise to 1.8 million metric tons this season, Agriculture Minister Ezzedine Ben Cheikh said on Wednesday, up more than 64% from last…
Syria has signed a memorandum of understanding with a consortium of international companies led by Qatar's UCC Holding to develop major power generation…
Oil prices rose on Thursday after a US court blocked most of President Donald Trump's tariffs, while the market was watching out for potential new US sanctions…
Gold prices rebounded on Thursday on dip-buying after touching a more than one-week low earlier in the session after a US trade court blocked most of President…
Saudi Arabia's ACWA Power said on Thursday it had signed a preliminary agreement to develop up to 12.5 gigawatts of renewable energy generating capacity in…
Syrian Finance Minister Mohammad Yasar Barnieh announced that the Damascus Stock Exchange will reopen on Monday, June 2, following the completion of necessary…
Saudi Arabia is preparing to resume direct flights to Damascus through its national carriers Flynas and Flyadeal, signaling a renewed connection with the…
China will grant ordinary passport holders from Saudi Arabia, Oman, Kuwait and Bahrain visa-free entry into China up to 30 days from June 9, 2025. China has…
HUMAIN, Saudi Arabia’s new AI start-up backed by the Public Investment Fund (PIF), will launch a $10 billion venture capital fund as part of the kingdom's…
A federal court in New York handed President Donald Trump a big setback Wednesday, blocking his audacious plan to impose massive taxes on imports from almost…
Saudi Minister of Finance Mohammed Al-Jadaan and his Chinese counterpart, Lan Fo’an, co-chaired the fourth meeting of the Financial Sub-Committee of the High…
OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production. The 39th OPEC and non-OPEC Ministerial Meeting was…
The Maldives is preparing to launch a major fisheries development project focused on cold storage and export infrastructure with funding from the Saudi Fund…
Southern Saudi Arabia’s Aseer region is fast emerging as a new economic powerhouse, fueled by multi-billion-riyal investments across diverse sectors. This…
European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an…
S&P Global affirmed on Tuesday Kuwait’s long-term credit rating at “A+” with a stable outlook, forecasting the country’s economy to grow 2% in 2025-2026. In…
Aseer Region Governor and ARDARA Chairman Prince Turki bin Talal bin Abdulaziz officially announced on Tuesday the launch of the first modern lifestyle…
Oman's overall budget revenue fell 7% year-on-year to 2.635 billion Omani rials ($6.85 billion) in the first quarter of 2025 as oil revenue dropped, Oman's…
Gold prices declined more than 1% on Tuesday as the dollar's reversal to trade higher added to the pressure on the safe-haven asset following US President…
Oil prices eased on Tuesday, on expectations OPEC+ will decide to increase output at a meeting later this week, while a decrease in trade tensions provided…
Saudi Arabia and Kuwait announced a new oil discovery on Tuesday in the divided zone between the two countries, marking the first such find since production…
Türkiye's central bank continued to buy foreign currency last week, lifting its total reserves by $7.5 billion, bankers' calculations from data show on Tuesday…