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…
Türkiye's manufacturing sector showed signs of continued struggle in February, reflecting ongoing challenges with new orders, output and employment all hurt by…
US Commerce Secretary Howard Lutnick said in a Sunday Fox News interview that tariffs on Canada and Mexico will go into effect as planned on Tuesday, but that…
Egypt Kuwait Holding (EKH) plans to announce its first investment in Saudi Arabia’s oil and gas sector within two to three months, after completing the bulk of…
Saudi Arabia is positioning itself as a new hub in the maritime shipping industry, not merely to generate revenue—a legitimate goal—but to drive a broader…
Switzerland's central bank boss said bitcoin is too volatile and not liquid enough for use as a reserve currency, amid calls for a referendum on the issue in…
US Treasury Secretary Scott Bessent pushed Friday for Canada and Mexico to match Washington's tariff hikes on China when asked in an interview if doing so…
The Norwegian government will soon ask that parliament increases its financial backing for Ukraine, Norway's Prime Minister Jonas Gahr Stoere told public…
Bandar Al-Mohanna, CEO and Managing Director of Flynas, stated that aircraft deals by Saudi national carriers have surpassed $100 billion at list prices. He…
India will finalize a "mutually beneficial" free trade deal with the European Union by the end of this year, Prime Minister Narendra Modi said Friday after…
Saudi Arabia Tightens Regulations on Precious Metals and Gemstone Traders to Combat Money Laundering
Saudi Arabia has imposed stricter regulations on traders of precious metals and gemstones as part of its anti-money laundering efforts. The government has…
Türkiye's economy grew 3.0% year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2%, official data showed on Friday, exceeding forecasts…
China on Friday vowed to take "all necessary countermeasures" after US President Donald Trump said he would impose an additional 10 percent tariff on Chinese…
Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the…
The Saudi Center for Commercial Arbitration (SCCA) announced the issuance of a royal decree to reconstitute its Board of Directors for the fourth term. The…
Iraq, the second-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC), appointed a new chief for national oil marketer SOMO,…
Iraqi Kurdistan and the federal government have managed to settle their oil disputes, which would allow Russian companies to restart their projects in the…
Gold prices fell over 1% to their lowest level in more than a week on Thursday, as the US dollar firmed, while investors awaited a key inflation print that…
US President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two…
Oil prices edged up on Thursday after sliding in the previous two sessions, with supply worries resurfacing after US President Donald Trump announced a…
Saudi Arabia’s stc Group, a digital enabler, reported strong financial results for FY 2024, with net profit rising 85% to SAR 24.7 billion ($6.6 billion) and…
Saudi Arabia’s SABIC, a global leader in diversified chemicals, announced on Wednesday its financial results for the year 2024, with a net profit of SAR 1.5…
Riyadh’s Qasr Al-Hokm Downtown Station, a major hub in the world’s longest driverless metro network, began operations on Wednesday, offering a new gateway for…
Saudi Arabia’s growing automotive industry is set to attract up to 300 new factories supplying vehicle components, as major carmakers, including Ceer, Lucid,…
Saudi Minister of Commerce Dr. Majid Al-Kassabi inaugurated on Wednesday the Makkah Halal Forum, under the theme “Sustainable Development through Halal.” The…