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,…
Nissan Motors President and CEO Makoto Uchida stressed that the Middle East boasts major potential in the automotive industry, revealing that he was seeking…
Oil prices are expected to fall when trading resumes on Monday as Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear…
The International Forum "Powering the Future Toward Net Zero", organized by the Gulf Cooperation Council Interconnection Authority (GCCIA) in collaboration…
The international community should work to end the conflict in the Middle East and provide grants to Lebanon, the head of the IMF's Middle East and Central…
The Russian central bank hiked its key interest rate by 200 basis points (bps) on Friday to 21%, the highest level since February 2003. The central bank said…
Lebanon has been placed on the so-called "grey list" of countries under special scrutiny by financial crime watchdog FATF, FATF said on Friday. "Of course…
The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour, stated that ongoing conflicts in Lebanon and…
Head of Local Content at the Saudi Electricity Company Mahmoud Basurrah announced on Thursday that local content exceeded SAR150 billion (around $40 billion)…
The European Union and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-built electric vehicles,…
With Saudi Arabia experiencing significant growth in investments and improvements in logistics infrastructure, non-oil exports rose by 7.5% year-on-year in…
Australia and Britain plan to work together to ramp up the deployment of renewable energy technologies, such as green hydrogen and offshore wind, to support…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef and United Nations Industrial Development Organization (UNIDO) Director-General Gerd Müller…
International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that the world is in danger of becoming mired in a low-growth, high-debt…
Oil prices rose more than 1% on Thursday, reversing some of the previous session's losses, as the Middle East conflict and reports of North Korean troops ready…
Türkiye and Russia are moving towards expanding cooperation in the field of nuclear power plants and implementing an agreement to establish a hub for Russian…
Global industry leaders at the Multilateral Industrial Policy Forum, which commenced on Wednesday in Riyadh, emphasized the need for international…
Saudi Arabia’s economic growth is projected to accelerate to 4.4% in 2025, marking the fastest rate in three years, following a modest performance of 1.3% this…
Saudi Arabia is adopting a comprehensive approach aimed at accelerating the localization of supply chains from raw materials to final products, according to…
Gold prices drifted higher Thursday as safe-haven demand countered a firmer dollar, with analysts expecting record highs for bullion, while palladium hit its…
Oil prices fell on Wednesday after industry data showed US crude inventories swelled more than expected, though futures were still up about 2% this week as…
Saudi private companies and institutions are currently identifying challenges facing the commercial sector and proposing solutions to submit to the relevant…
The Saudi Ministry of Industry and Mineral Resources has invited both local and international investors to bid for seven new mining exploration licenses in the…
Assistant Undersecretary for Systems and Business Development at the Saudi Ministry of Human Resources Dr. Ahmed Al-Abdullah said that the local labor market…
China's industrial policy may be tipping the scales in some specific industries, but it is not the root cause of the country's growing exports and external…