Long-term real estate investment models are opening new opportunities for Saudi Arabia's private sector, as the Kingdom seeks to expand partnerships with…
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…
Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz announced that the Saudi Arabian Oil Company -Saudi Aramco- has discovered fourteen Arabian oil…
Saudi Aramco, China Petroleum & Chemical Corporation (Sinopec), and Yanbu Aramco Sinopec Refining Company (Yasref) announced the signing of a Venture Framework…
President Recep Tayyip Erdogan said that Türkiye is not expecting a negative situation for its trade, production and exports as a result of US President Donald…
Asian and European shares slid on Wednesday, with Japan's Nikkei 225 closing almost 4% lower after launch of the latest set of US tariffs, including a massive…
Saudi Arabia’s listed healthcare companies delivered robust financial performance in 2024, reporting a combined net profit of SAR4.86 billion ($1.3 billion),…
Oman’s Duqm Refinery and Petrochemical Industries Co. (OQ8), a joint venture between state-owned OQ Group and Kuwait Petroleum International (KPI), said it has…
The International Monetary Fund on Tuesday said it has reached a preliminary agreement with Argentina on a $20 billion bailout, providing a welcome reprieve to…
Oil prices dropped to their lowest in more than four years on Wednesday on looming demand concerns fueled by an escalating tariff war between the US and China,…
US President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his…
A US trade delegation representing 60 companies was visiting Iraq to sign economic cooperation agreements with the private sector, Washington's embassy in…
Gulf markets trimmed their losses on Monday, with the Saudi stock index erasing earlier declines and turning positive, driven by gains in major stocks such as…
Asian markets advanced on Tuesday, with Japan’s Nikkei 225 share benchmark initially shooting up more than 6% after it fell nearly 8% a day earlier. Markets…
US Energy Secretary Chris Wright on Wednesday will launch a nearly two-week tour of three Middle East countries, including Saudi Arabia, a source familiar with…
Egypt and France have signed a 7 billion euro ($7.68 billion) agreement to develop finance and operate a green hydrogen production facility, Egypt's…
Saudi Arabia’s non-oil private sector activity grew rapidly in March with new orders boosted by lower prices and improved economic conditions, although the…
China vowed not to bow to "blackmail" from the United States as a global trade war ignited by US President Donald Trump's sweeping tariffs showed little sign…
Syrian President Ahmed al-Sharaa appointed Abdelkader Husrieh as the country's new central bank governor, according to a statement by the president's office,…
France and Egypt signed strategic partnership agreements on Monday, in areas covering health, transport and energy, which French President Emmanuel Macron said…
President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could lead to a…
US-listed shares of crypto companies tumbled before the markets opened on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of…
The Saudi Ports Authority (Mawani) has announced the addition of Milaha's new shipping service, "MILAHA INTA GULF EXPRESS," to King Abdulaziz Port in Dammam. …
Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil officials said on Monday, adding…
Gulf financial markets suffered significant losses on Sunday, tracking sharp declines on Wall Street last Friday after US President Donald Trump announced new…
After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats this week by declaring a 10% baseline tax on imports…