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 held steady on Wednesday following a 2% decline in the previous session, while investors focused on US President Donald Trump's tariff plans, which…
Saudi Arabia’s non-oil exports, including re-exports, continued their steady rise, increasing by 18.1% year-on-year in December, reaching SAR 29 billion ($7.7…
Franklin Templeton CEO Jenny Johnson unveiled the company's strategy to strengthen its ties with Saudi Arabia through three key pillars: leveraging regulatory…
The Saudi Aerospace Connect Forum, held under the patronage of Minister of Industry and Mineral Resources Bandar Alkhorayef, concluded on Tuesday with the…
Oil prices rose marginally on Wednesday, bouncing off two-month lows hit in the prior session after an industry group reported US crude stockpiles fell last…
The global debt-to-GDP ratio rose for the first time since 2020 last year, as the world's debt stock hit a new year-end record of $318 trillion and economic…
President Donald Trump said Tuesday that he plans to offer a "gold card" visa with a path to citizenship for $5 million, replacing a 35-year-old visa for…
US President Donald Trump opened yet another front on Tuesday in his assault on global trade norms, ordering a probe into potential new tariffs on copper…
Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a breakthrough for Iraq, where output has been…
The Saudi Ports Authority (Mawani) has announced the addition of the new "EXS6" shipping service, operated by Caerus, to Jeddah Islamic Port. This direct…
Deputy Governor of Makkah Region, Prince Saud bin Mishaal bin Abdulaziz, inaugurated on Tuesday the new e-gates system at King Abdulaziz International Airport…
Gold prices hovered near an all-time high on Tuesday, as fears of a trade war and instability amid US President Donald Trump's tariff plans drove safe-haven…
Saudi non-oil exports grew by 18.1% in December 2024 compared to December 2023, while re-exported goods rose by 23.4%, merchandise exports declined by 2.8%,…
Economic analysts expect Saudi Basic Industries Corporation (SABIC) to achieve a net profit of approximately $258 million in the fourth quarter of 2024,…
Saudi Arabia inaugurated on Monday its first industrial city dedicated to aircraft manufacturing and maintenance in Jeddah, marking a significant step in the…
SALIC, a subsidiary of the Saudi Public Investment Fund (PIF), announced on Monday that it signed an agreement to increase its stake in Singapore’s Olam Agri…
Oil prices rose for a second day on Tuesday as fresh US sanctions imposed on Iran increased concerns supply might tighten and as global refining margins…
Iraq said Monday that it was committed to OPEC+ group’s supply agreement and that it would present an updated plan to compensate for any overproduction of its…
The Saudi Ministry of Industry and Mineral Resources announced the issuance of new industrial licenses for aircraft maintenance, repair, and overhaul (MRO)…
Gold prices edged higher on Monday to trade near their record peak, helped by a weaker US dollar, while investors looked ahead to a key inflation report due…
* Oil prices steadied on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports…
The European Union on Monday began easing energy and transport sanctions and banking restrictions against Syria, aiming to help breathe life into the conflict…
Iraqi Prime Minister Mohammed Shia Al-Sudani met on Sunday with a delegation from the International Air Transport Association (IATA), led by Vice President…
Oil exports from Iraq's Kurdistan region will resume in a week, the Iraqi oil minister said on Monday. Asked about when Iraq will resume oil exports from the…