Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets. Benchmark three…
Emerging ‌and developing economies outside China are expected to add as much new renewable energy capacity as advanced economies for the first time over…
Gold prices slipped on Friday as oil prices rebounded, fanning inflation worries and higher-for-longer interest rate expectations, while investors awaited key…
Oil prices are set for a sharp weekly drop on expectations of a de-escalation of the Iran war after US President Donald Trump's party suffered election losses,…
Amazon's push to offer more everyday essentials like toothpaste is hurting its average selling prices, but it is also a guard against rivals such as Temu and…
The International Monetary Fund (IMF) forecasted on Thursday that growth in the Middle East and North Africa region is expected to rebound to 4% next year, but…
Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, as geopolitical tensions in the Middle East rose following reports…
The Public Investment Fund (PIF) and the Hong Kong Monetary Authority (HKMA) signed on Thursday a memorandum of understanding (MoU) to work towards jointly…
Saudi Arabia’s real GDP achieved a growth rate of 2.8% in the third quarter (Q3) of 2024 compared to the same period in the previous year, the General…
Danish shipping group A.P. Moller-Maersk said on Thursday it expects strong demand for shipping goods around the globe to continue in the coming months, though…
Saudi Aramco and Riyadh Air, the Kingdom's new premium international airline, have signed a Memorandum of Understanding (MoU) during the FII 8th Edition in…
Economic policymakers and decision-makers have identified key points for leveraging artificial intelligence to shape the future of investment and drive global…
French oil major TotalEnergies reported third-quarter adjusted net income at a three-year low of $4.1 billion on Thursday, slightly missing expectations as…
Saudi Minister of Tourism Ahmed Al-Khateeb emphasized that Saudi Arabia plays a central role in leading the development of responsible and sustainable global…
Oil prices edged up on Thursday, extending the previous day's rally, driven by optimism over US fuel demand following an unexpected drop in crude and gasoline…
Saudi Arabia's newest airline Riyadh Air said on Wednesday it had placed an order for 60 Airbus narrowbody A321-family jets as it prepares to start operations…
Saudi Arabia's Public Investment Fund (PIF) will be an anchor investor in Brookfield Asset Management's new $2 billion Middle East-focused private fund, the…
King Khalid International Airport, Cathay Pacific Announce Regular Flights between Riyadh, Hong Kong
The King Khalid International Airport, managed and operated by Riyadh Airports Company, launched a collaboration with Cathay Pacific to operate regular flights…
Saudi Arabia is strengthening its commitment to a plan designed to wean the economy off oil, its finance minister said on Wednesday. Mohammed Al Jadaan was…
The Saudi Red Sea Authority (SRSA) and the Insurance Authority have signed a cooperation agreement to launch insurance products that cover risks associated…
Gold prices rose to a record high on Wednesday as uncertainty over the US presidential election boosted safe-haven demand, with traders also awaiting economic…
Saudi startup Riyadh Air said on Tuesday it had ordered 60 Airbus narrowbody A321-family jets as it prepares to start operations in 2025. The deal, signed…
Ronaldo Mouchawar, Vice President of Amazon for the Middle East, North Africa, and Türkiye, noted that e-commerce in the region is evolving rapidly, with…
Saudi Aramco CEO Amin Nasser stated that the oil market is currently balanced, even as global demand is influenced by rising interest rates and slower economic…
Saudi Energy Minister Prince Abdulaziz bin Salman stated that Saudi Arabia might be the only country positioned to financially benefit from the global energy…
Influential global figures in finance and business convened in Riyadh for the eighth edition of the Future Investment Initiative conference, under the…
Abu Dhabi sovereign wealth fund Mubadala Investment Company has started taking bids for its AED-denominated 5-year sukuk, an arranging bank document showed on…
Elon Musk, CEO of Tesla and SpaceX, suggested on Tuesday that humanoid robots could surpass the human population by 2040, also predicting that each robot will…