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,…
Saudi Aramco signed on Tuesday a five-year cooperation framework agreement with the China National Building Material Group Company (CNBM) to explore new…
China has unleashed a swath of stimulus measures including cuts to its benchmark interest rate as Beijing battles a slowdown in the world’s second-largest…
Thailand's government on Wednesday launched the first phase of its flagship $14 billion stimulus handout scheme, which will eventually see an estimated 45…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef visited the New York Stock Exchange (NYSE) on Tuesday. He was briefed on its latest…
Economic analysts predict that the recent 50-basis-point interest rate cut will positively impact the Saudi stock market by boosting liquidity, attracting more…
Nearly a year of war in Gaza has battered Israel's economy, and poverty is now threatening communities including in areas far removed from the fighting against…
The mining sector in Saudi Arabia has made remarkable strides since 1997, when the Kingdom first developed a strategy for the industry. However, the sector…
London-listed real estate company, Dar Global, has partnered with luxury jeweler Mouawad to launch a SAR880 million ($234.6 million) residential project near…
Gold prices charged to another record high on Tuesday, aided by broadly dovish comments from US Federal Reserve officials and escalating tensions in the Middle…
Israel's economic concerns are growing amid rising geopolitical tensions and ongoing military conflicts, reflecting the profound impact of these crises on…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef kicked off on Monday an official visit to the United States, seeking to bolster industry and…
Libya's dinar currency is losing value against the US dollar in the country's black market amid a crisis over control of the central bank that has slashed oil…
Gold extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to…
Oil prices rose on Monday, buoyed by concerns that heightened conflict in the Middle East may curtail regional supply and expectations last week's outsized US…
Saudi Arabia’s Emaar The Economic City (EEC) said on Sunday it submitted an application to the Capital Market Authority (CMA) to lower its capital, based on…
The Financial Services Authority (FSA) in Oman on Sunday approved the prospectus of OQ Exploration and Production Company (OQEP) for public offering (IPO)…
Japan’s Ambassador Extraordinary and Plenipotentiary to Saudi Arabia Fumio Iwai underscored on Sunday the strategic ties that bind his country with the Kingdom…
The Gulf Cooperation Council Statistical Center praised the remarkable achievements made throughout Saudi Arabia during its 94-year journey, highlighting key…
The Digital Cooperation Organization (DCO) has launched its inaugural Digital Economy Navigator (DEN) that enables countries to better navigate the paths to…
Mahmoud Sulaimani, Managing Director of Siemens Energy Saudi Arabia, is urging Arab countries to boost investments in power plants to better handle future…
Saudi Arabia has once again registered the highest growth in international tourism figures in the first seven months of this year among the G20 countries,…
Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric cable linking continental Europe to the East…
In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the past two months, sending customers fleeing. …
Experts expect the recent 50-basis-point interest rate cut by the Saudi Central Bank (SAMA) to boost the Kingdom’s real estate market. The move is likely to…