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…
Gold prices fell about 1% on Thursday as investors booked profits following a three-day rally, with markets eyeing US jobs data for clues on the Federal…
Oil prices were steady on Thursday, recovering slightly from a multi-year low, though Brent was still below $70 under pressure from trade tariffs between the…
Syria received a new shipment of its local currency printed in Russia on Wednesday and more shipments were expected in the future, a Syrian government official…
Asharq Al-Awsat learned that the Saudi Central Bank (SAMA) is taking steps to require financial institutions that are listed on the Saudi stock markets—both…
Saudi Arabia’s Public Investment Fund (PIF) and SACE, the Italian insurance and financial group fully owned by Italy’s Ministry of Economy and Finance, have…
The dollar hit three-month lows on Wednesday as the US' trade war with its partners escalated, while a major overhaul to German government borrowing triggered…
Oil prices declined for a third day on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and US President Donald…
Gold prices edged higher on Wednesday, aided by a weaker US dollar and political uncertainty following the latest import tariffs announced by US President…
The Saudi Jordanian Investment Company (SJIC), a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has signed an investment agreement…
TAQA Arabia announced a 40% surge in its revenue last year, reaching 18.9 billion Egyptian pounds ($370 million) compared to 2023. In a financial statement…
Business conditions in Saudi Arabia's non-oil private sector improved in February, driven by strong customer sales and business activity, which led to the…
China on Wednesday set an annual growth target of around five percent, vowing to make domestic demand its main economic driver as an escalating trade war with…
Gold prices extended gains on Tuesday, driven by safe-haven demand as trade conflicts erupted after US President Donald Trump imposed new tariffs on top three…
The dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the US economy outweighed any potential boost…
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and as US tariffs on Canada, Mexico and…
China’s annual GDP growth goal is expected to remain at “around 5%,” while its budget deficit target is likely to rise in a bid to spur domestic consumption…
Saudi Arabia's Public Investment Fund (PIF) and Goldman Sachs Asset Management announced on Monday the signing of a non-binding memorandum of understanding …
Saudi Arabia's state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year on lower energy prices. A…
US President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%,…
Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced…
Egypt's net foreign assets (NFAs) jumped by $2.74 billion in January, boosted apparently by the sale of $2 billion in dollar-denominated bonds, central bank…
Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after US President Donald Trump raised the…
The Saudi Central Bank (SAMA) has prohibited the use of instant messaging apps like WhatsApp for customer communication, citing security concerns and deeming…
Gold prices edged up on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the US tariff policy fueled safe-haven…