Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
A 35% increase in the price of a loaf of bread to 500 Sudanese pounds has placed further pressure on households in Sudan, where purchasing power continues to…
The Philippines is in talks with Saudi Arabia, Russia and the United States to store oil in the country, its energy secretary said on Wednesday, in a bid to…
Premium German carmaker Mercedes-Benz will restart a voluntary redundancy program and is in discussion with unions over further cost-cuts, its chief executive…
German Chancellor Friedrich Merz on Wednesday urged Japan to back a proposed global alliance to defend rules-based trade that he has been touting during a week…
Gold prices ticked lower on Wednesday after the previous session's climb of about 1%, as higher oil prices stoked inflation fears while investors awaited the…
Despite rising regional tensions, Saudi companies continue to attract investment. Investcorp, the leading global alternative investment firm, said on Tuesday…
Saudi Arabia is moving to strengthen its grip on Asian energy markets by storing crude oil in Singapore from the second half of 2027, according to Energy…
Saudi Arabia has cleared the way for citizens as young as 15 to do business under a sweeping new commercial transactions law, a move aimed at bringing more…
The concentration of a small number of countries in clean energy supply chains is an emerging challenge for Southeast Asian countries, International Energy…
Cyprus signed contracts worth $1.8 billion with Italian energy provider Eni on Monday to develop the Mediterranean island nation's first commercial gas project…
HSBC's shares slid 6% on Tuesday after revenue undershot estimates and growth at its wealth business slowed, highlighting the challenge big banks face to…
Saudi Arabia’s banking sector continued to post record profits in the first nine months of 2026, driven by lending growth, strong credit demand and expanding…
A tariff truce between the European Union and United States is potentially at risk due to a multibillion-dollar loan approved by the bloc's investment bank for…
Gold prices slipped on Tuesday, weighed down by a firmer dollar, while investors looked ahead to the Federal Reserve's policy meeting for fresh guidance on the…
Egypt has signed a preliminary financing agreement with Norway's Scatec and three multilateral development banks for a $650 million solar power project in the…
The Royal Saudi Naval Forces (RSNF) launched His Majesty's Ship NEOM (HMS NEOM), the second ship in the second phase of the Sarawat Project, at Navantia’s…
Oil prices fell on Monday after surging last week to near six-month highs, amid hopes of easing hostilities between the United States and Iran. US West Texas…
The first international flight took off Monday from a new, multi-billion-dollar airport in the fast-growing western suburbs of Sydney. After more than four…
Equity markets were mixed on Monday as investors geared up for a crucial run of central bank decisions and tech earnings, while oil prices retreated from a six…
Saudi Arabia will revise electricity, water and wastewater tariffs from January 1, 2027, to improve consumption efficiency and sustain essential services,…
Saudi Minister of Energy, Industry, and Mineral Resources Prince Abdulaziz bin Salman stressed on Monday that the Kingdom has continued to supply global energy…
The Saudi Basic Industries Corporation (SABIC) returned to profitability in the third quarter of 2026, reporting a net profit of $133 million (SAR 499 million)…
Dar Global aims to leverage its investor network spanning nearly 120 nationalities to attract more foreign capital to Saudi Arabia’s property market, CEO Ziad…
Prime Minister Benjamin Netanyahu, who faces re-election this week, is drawing criticism from economists and political rivals after suggesting Israel could use…