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%…
Globant, a digitally native company focused on reinventing businesses through innovative technology, inaugurated on Monday its Middle East Regional…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz met in Riyadh on Monday with China's Special Envoy for Climate Change Liu Zhenmin. The…
China's industrial profits picked up pace in April, official data showed on Tuesday, signaling economic resilience in the face of trade tensions with the…
The euro could become a viable alternative to the dollar, earning the 20-nation bloc immense benefits, if governments could only strengthen the bloc's…
The Iraqi federal government's oil ministry has sued the government of the semi-autonomous Kurdistan Region of Iraq over oil and gas contracts it signed with…
Egypt could significantly reduce its wheat imports this year as domestic procurement is expected to reach up to 5 million metric tons, compared to 3.5 million…
Oil prices rose on Monday after US President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about US tariffs on the…
Moody's decision to keep China's ratings and outlook unchanged is a "positive reflection of the positive prospects of China's economy," China's finance…
Saudi Arabia and Kuwait announced on Monday that Wafra Joint Operations have made a new oil discovery in (North Wafra Wara-Burgan) field, located 5 kilometers…
Despite a climate of global and regional economic uncertainty, the International Monetary Fund (IMF) expects the Gulf Cooperation Council (GCC) countries to…
Saudi Arabia continues to demonstrate resilience in the face of global economic challenges, bolstered by structural reforms and substantial financial reserves,…
Gold prices eased on Monday after US President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a…
From false claims of Americans panic-buying Chinese goods to bot-driven attacks on US brands, a tide of misinformation is casting a shadow over a temporary…
The Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Corporation (KPC), signed on Sunday a memorandum of understanding (MoU) with China…
US President Donald Trump backed away on Sunday from his threat to slap 50% tariffs on imports from the European Union next month, agreeing to extend the…
Oman’s Asyad Shipping on Saturday announced the purchase of two crude oil tankers, among the largest in the world, with a capacity of up to two million barrels…
Saudi Arabia’s drive to nationalize its labor force gathered pace in the first quarter of 2025, with more than 143,000 Saudis landing jobs thanks to government…
Minister of Tourism and Chairman of the Board of the Saudi Tourism Authority Ahmed Al-Khateeb launched the 2025 edition of the “Saudi Summer” program under the…
Saudi Arabia’s Diriyah has been named one of the Global Eco-Friendly Destinations for 2025 by the British travel platform Wanderlust, which annually highlights…
Egypt is in advanced talks with global energy and trading firms to secure between 40 and 60 shipments of liquefied natural gas (LNG), aiming to meet urgent…
Saudi Arabia’s listed energy companies recorded a combined net profit of SAR 97.76 billion ($26.06 billion) in the first quarter of 2025, marking a 4% decline…
US President Donald Trump threatened on Friday to ratchet up his trade war again, pushing for a 50% tariff on European Union goods starting June 1 and warning…
Saudi Minister of Economy and Planning Faisal Alibrahim delivered the opening remarks at the Saudi-Spanish Business Forum, affirming that Saudi Arabia is…
Treasury Secretary Scott Bessent said on Friday that President Donald Trump does not believe that the European Union's trade offers to the United States are of…