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 Ministry of Environment, Water, and Agriculture has launched an electronic service, as part of the Liquid Fuel Displacement Program, which aims to…
The Libyan oil export port of Hariga has stopped operating due to insufficient crude supplies, two engineers at the terminal told Reuters on Saturday, as a…
Saudi Arabia, in partnership with the United Nations Industrial Development Organization (UNIDO), will host the Multilateral Industrial Policy Forum (MIPF) in…
A top aide to Ukrainian President Volodymyr Zelensky on Friday said Kyiv would halt the transit of Russian oil across its territory at the end of the year,…
China's State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years "rectification" following a fine…
The third edition of the Global AI (GAIN) Summit, organized by the Saudi Data and AI Authority (SDAIA) will be held in Riyadh on September 10-12. The summit…
Libya's National Oil Corporation (NOC) said on Friday that the recent oilfield closures have caused the loss of approximately 63% of the country's total oil…
Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest…
Saudi Central Bank (SAMA) reported that its total reserves increased by 6% year-on-year in July, reaching SAR1.697 trillion ($452 billion), up from SAR1.600…
Oil prices rose on Friday as investors weighed supply concerns in Libya and Iraq, although signs of weakened demand, particularly in China, limited gains…
Saudi Arabia’s General Entertainment Authority (GEA) plans to double WeBook’s revenues, the official ticketing platform for Riyadh Season, by adding new…
Chinese lenders approved loans worth $4.61 billion to Africa last year, marking the first annual increase since 2016, an independent study showed on Thursday. …
More than half of Libya's oil production, or about 700,000 barrels per day, was offline on Thursday and exports were halted at several ports as a standoff…
Iran's new oil minister Mohsen Paknejad appointed Hamid Boord as CEO of the National Iranian Oil Company (NIOC), Iran's oil ministry news agency SHANA reported…
Egypt could begin transitioning from subsidizing essential commodities to providing direct cash assistance to its poorest citizens as early as the next fiscal…
Lending to the government by Egypt's central bank continued to climb in the last fiscal year, according to the central bank's newly released annual budget,…
Marc Winterhoff, Chief Operating Officer at Lucid Motors, has announced plans to build more customer service centers in Saudi Arabia. The company is also…
A quarter of all the energy China consumes now comes from clean sources, according to research published Thursday, as Beijing rapidly pivots its huge economy…
Credit ratings agency Moody's has upgraded Pakistan's local and foreign currency issuer and senior unsecured debt ratings to 'Caa2' from 'Caa3' citing…
Oil prices edged up on Thursday after two sessions of losses, as supply concerns over Libya returned to focus, although countered by a smaller-than-expected…
The National Center for Palms and Dates in Saudi Arabia reported a 9.9% rise in date exports in the first half of 2024 compared to the same period in 2023. …
The Saudi Ministry of Industry and Mineral Resources has launched the trial version of the smartphone application Senaei, a new digital platform designed to…
Gold prices fell on Wednesday under pressure from a stronger dollar and uncertainty ahead of a key US inflation report that could provide more clarity about…
Saudi Arabia's Public Investment Fund (PIF) said on Wednesday it had signed a revolving credit facility for $15 billion with a group of 23 financial…