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,…
Fitch Ratings has upgraded Tunisia’s credit rating to CCC+, reflecting growing confidence in the government’s ability to meet its significant financing needs. …
British Petroleum (BP) plans to sell its US onshore wind energy business, it announced on Monday, saying the assets were not aligned with its growth plans. BP…
Goldman Sachs and Citigroup have lowered their full-year projections for China's economic growth to 4.7%, after the world's second-largest economy's industrial…
Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz underlined on Monday the importance of the nuclear security and safety system and that the…
Saudi Minister of Commerce and Chairman of the Economic and Social Committee of the Saudi-British Strategic Partnership Council Dr. Majid Al-Qasabi held talks…
Egyptian Prime Minister Dr. Mostafa Madbouly announced on Monday that the Saudi-Egyptian Investment Protection Agreement has been finalized and will be…
The International Atomic Energy Agency (IAEA) and Saudi Arabia’s Women and Energy Association signed in Vienna on Monday a Memorandum of Understanding to boost…
Libyan crude exports reached about 550,000 barrels per day last week, a three-fold increase on the previous week, according to data from analytics firm Kpler…
Iran President Masoud Pezeshkian said on Monday in a televised news conference that to boost its troubled economy, Iran had no choice but to "fix issues"…
Commercial International Bank (CIB), Egypt's biggest private bank, has appointed long-serving chairman and former CEO Hisham Ezz al-Arab as its chief executive…
Gold prices charged to a record high on Monday as a weaker dollar and the prospects of aggressive US monetary policy easing boosted non-yielding bullion's…
Typhoon Yagi caused $1.6 billion in economic losses in Vietnam, state media said Monday, as the UN's World Food Program said the deadly floods it triggered in…
Azfar Shakeel, CEO of Lumi Car Rental, highlighted the company’s efforts to revolutionize mobility for individuals and businesses within and outside Saudi…
Oil prices rose in Asian trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by persistent demand worries and…
Saudi Arabian Mining Company (Ma’aden) and Alcoa, one of the world’s leading aluminium companies, announced on Sunday a Share Purchase and Subscription…
Libertarian President Javier Milei of Argentina presented the 2025 budget to Congress late Sunday, outlining policy priorities that reflected his key pledge to…
The Saudi Authority for Industrial Cities and Technology Zones (MODON) signed a contract with Nestlé to allocate a 117,000-square-meter industrial plot in the…
Saudi Arabia's annual inflation rate held steady at 1.6% in August 2024, indicating consistent stability over the year, revealed the General Authority for…
Donald Trump's campaign vow to increase tariffs on imported goods, particularly from China, has the support of a narrow majority of US voters, illustrating his…
Saudi Arabia’s restaurant and café sector is experiencing rapid growth, fueled by a young population and rising disposable incomes, making the country an…
Nearly 30% of US Gulf of Mexico crude oil production and 41% of its natural gas production remained offline on Saturday following Hurricane Francine, the US…
The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for…
The European Central Bank (ECB) is an independent institution not subject to any political pressure, its President Christine Lagarde said on Friday, rebuffing…
Nippon Steel and US Steel have sent a letter to US President Joe Biden about their planned $15 billion merger after media reported that he was preparing to…