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 Saudi Public Investment Fund (PIF) has earmarked $19.4 billion for eligible green projects, with $5.2 billion allocated by June of this year. As one of…
King Fahd University of Petroleum and Minerals (KFUPM) has topped universities in the Middle East and Africa in the Times Higher Education global ranking,…
China pledged on Saturday to "significantly increase" debt to revive its sputtering economy, but left investors guessing on the overall size of the stimulus…
Israel's airstrikes in Lebanon are inflicting destruction that could set its economy back by years. But the defaulted country's bonds have climbed to two…
Gold extended gains after the release of the latest data on US producer prices on Friday, as the US dollar pulled back from two-month highs on heightened…
Oil prices softened on Friday but were set for a second weekly gain as investors weighed the impact of hurricane damage on US demand against any broad supply…
Saudi Arabia has become the first country to establish a “green zone” at the 16th Conference of the Parties (COP 16) to the United Nations Convention to Combat…
Pakistan's government has reached an agreement with utilities to end power purchase contracts, including one with Pakistan's largest private utility that…
The Saudi Ministry of Economy and Planning and Oman's Ministry of Economy signed on Thursday a memorandum of understanding (MoU) focusing on cooperation in…
The World Trade Organization on Thursday nudged up its forecast for global trade volumes this year and said a further pick up to 3% growth was likely in 2025,…
The American energy giant Chevron, which operates the Leviathan field off the Mediterranean coast of Israel, has decided to suspend work on laying an…
Saudi Arabia’s General Authority for Statistics (GASTAT) has released its Industrial Production Index (IPI) report, revealing a 1.0% increase in IPI during…
Gold prices nudged higher on Thursday, while traders await a key US inflation data due later in the day to gauge the Federal Reserve's future monetary policy…
Raed Al-Fayez, Deputy Governor of the Communications, Space, and Technology Commission for the Technology Sector, revealed that the number of tech companies…
The Gulf Cooperation Council (GCC) countries signed on Wednesday a contract to implement a project linking the Gulf electricity market with Iraq. The project…
The global economy could face losses of $14.5 trillion over a five-year period from a hypothetical geopolitical conflict which hits supply chains, insurance…
Iran's crude export loadings have fallen sharply, according to observed and estimated tanker loadings, as Tehran braces for a potential strike on the country's…
The Bank of Israel kept interest rates unchanged on Wednesday for a sixth straight meeting, but raised the prospect of future rate increases should armed…
Cruise Saudi, a company fully owned by the Public Investment Fund (PIF) and specialized in developing the Kingdom’s cruise tourism sector, announced the…
Gold extended losses for a sixth straight session on Wednesday to hover near the two-week lows hit the day before on lowered expectations of deeper rate cuts,…
Oil prices erased early gains on Wednesday as weak demand fundamentals and rising supply countered elevated risk of supply disruption from conflict in the…
Egypt's annual urban consumer price inflation climbed for a second month in September, rising to 26.4% from 26.2% in August, data from the country's statistics…
China has taken the first step in initiating a trade dispute with Türkiye at the World Trade Organization over its tariffs on imports of electric vehicles, the…
Jassem Al-Budaiwi, Secretary-General of the Gulf Cooperation Council (GCC), announced that member states are working together to unify their policies and…