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,…
The Secretary-General of the Arab League, Ahmed Aboul Gheit, stressed the need for Arab-Turkish economic cooperation to extend beyond trade into broader areas…
Gold breached the $2,700-per-ounce level on Friday for the first time ever, as US election jitters and simmering Middle East tensions boosted safe-haven demand…
Egypt raised prices on a wide range of fuel products early on Friday, the petroleum ministry said, marking the third such increase this year. Prices for diesel…
Crude oil futures steadied on Friday after strong US retail sales data, but Chinese economic indicators remained mixed and prices were headed for their biggest…
Bahrain’s economy is on track for growth, with gross domestic product expected to expand by 3 percent this year and 3.5 percent in 2025, the International…
Türkiye's central bank held interest rates at 50% on Thursday as expected but cautioned that recent data had lifted inflation uncertainty, in a hawkish signal…
Gold prices charged to an all-time high on Thursday as expectations of more US Federal Reserve rate cuts and uncertainty over the US presidential election…
Oil prices traded flat on Thursday as investors eye developments in the Middle East and more details on China's stimulus plans, and await the release of…
OQEP, the exploration and production business of Oman's state oil group, has raised $2.03 billion from its initial public offering (IPO) on the local stock…
Dr. Osama Faqih, head of the executive committee for the “Middle East Green Initiative,” announced plans to launch several qualifying projects in member…
The World Bank has lowered its growth forecast in the Middle East and North Africa (MENA) to 2.2% this year from 2.4% in its June forecast because of…
The Saudi Fund for Development (SFD) has signed three development loan agreements with the Republic of Serbia worth $205 million to fund key projects…
The Saudi Ports Authority (Mawani) has added the Middle East Red Sea 1 (MER1) shipping service to the Jeddah Islamic Port through a strategic partnership…
Gold prices extended gains to a second session on Wednesday, driven by weaker equities and bond yields, while traders eagerly await US economic data to gauge…
Oil steadied on Wednesday, supported by OPEC+ cuts and uncertainty over what may happen next in the Middle East conflict, although an outlook for ample supply…
Saudi Arabia is preparing to launch the “Riyadh Metro” project, one of the largest public transportation projects in the region, which promises to improve the…
The inflation rate in Saudi Arabia recorded 1.7% in September on a year-on-year basis, rising from 1.6% in July, with housing rents once again acting as the…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held talks in Milan on Wednesday with Stefano Pontecorvo, chairman of the board of directors…
The World Energy Council announced that the 27th edition of the World Energy Congress (WEC) will be hosted by Riyadh from October 26-29, 2026, under the theme …
The Saudi capital will host the sixth edition of the Human Resources and Manpower Forum and Exhibition from Oct. 27-30, featuring participation from the…
Richard Attias, CEO of the Future Investment Initiative (FII) Institute, said the upcoming 8th edition of the Future Investment Conference, which will be held…
Pakistan's Prime Minister Shehbaz Sharif called on Wednesday for the expansion of China's Belt and Road Initiative (BRI) to enhance regional cooperation. He…
ASMO Logistics, a joint venture of DHL and Saudi Aramco, has signed 16 memoranda of understanding (MoUs) with various companies to strengthen cooperation in…
Indonesian authorities plan to inspect grocery store shelves to check compliance with a law requiring halal labels on food items from Friday, officials said,…