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…
Preliminary data from Oman’s Ministry of Finance showed that the country’s revenues in 2024 reached approximately 12.7 billion Omani rials ($33 billion),…
Türkiye’s manufacturing sector contracted at the slowest rate in eight months in December, a business survey showed on Thursday, in a sign that the sector is…
Saudi Arabia’s trade balance recorded a 30% monthly growth, achieving a surplus of SAR20.7 billion ($5.5 billion) in October 2024, according to the Kingdom’s…
The dollar hit new multi-month highs against the euro and the pound on Thursday, the first day of 2025 trading, as it built on last year's strong gains on…
A recent report from Fujian Daily has highlighted the growing partnership between China and Saudi Arabia, emphasizing the alignment of the Belt and Road…
Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China's economy and…
Gold prices rose on Thursday, keeping up the momentum from a positive end to record-breaking 2024, as traders braced for US President-elect Donald Trump's…
Oman has appointed Sayyid Asaad bin Tariq Al Said as chairman of the board of directors of the central bank, and Ahmed bin Jaafar Al-Musalmi as the bank's…
Sri Lanka’s Ambassador to Saudi Arabia Omar Lebbe Ameer Ajwad revealed ongoing efforts to establish a strategic partnership with Saudi Arabia and implement 10…
Vishal Wanchoo, CEO of Oxagon, highlighted the city as a beacon of innovation and sustainability at the heart of Saudi Arabia’s transformation, saying that the…
The European Commission played down the impact of a halt of Russian gas exports to Europe via Ukraine on Wednesday, saying the stop on Jan. 1 had been expected…
GFH Partners Ltd., the DIFC-based global asset management subsidiary of GFH Financial Group BSC, has announced a strategic investment in Manrre REIT, a premier…
Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has affirmed that the UAE will continue to increase its Comprehensive Economic Partnership…
The value of public investment fund assets—both domestic and foreign—in the Saudi financial market recorded an annual growth of 37%, increasing by nearly SAR43…
Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on the day as data showing an expansion in Chinese…
Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and monetary policy…
The General Authority for Statistics (GASTAT) said Tuesday that the unemployment rate among Saudis in Q3 of 2024 was 7.8%, an increase of 0.7 percentage points…
Government incentives have played a pivotal role in enabling Saudi Arabia’s business sector to achieve operational revenues of SAR 5.3 trillion ($1.4 trillion)…
Iran appointed oil ministry official Ali-Mohammad Mousavi as its new representative to the Organization of the Petroleum Exporting Countries known as OPEC. …
President Xi Jinping said China will put in place "more proactive" macroeconomic policies next year, state media reported, as he addressed a top political…
Türkiye imposed a 6% tax hike on fuel on Tuesday, after its finance minister said over the weekend that tax moves on fuel and tobacco would not affect the…
The net inflow of foreign direct investment (FDI) in Saudi Arabia amounted to SAR 16 billion ($4.2 billion) during the third quarter of 2024, a decrease of 24%…
ADNOC is set to drive AED200 billion ($54.4 Billion) into the UAE's economy over the next five years through its In-Country Value (ICV) program, Emirates News…
Russia pumped gas on Monday to European customers via Ukraine for one of the last days before a key transit deal expires at the end of the year, marking the…