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 Federation of Gulf Cooperation Council (GCC) Chambers is scheduled to organize the second edition of the Gulf-Azerbaijan Economic Forum on September 25,…
The Saudi government is expanding its logistics zones to strengthen global supply chains and navigate future geopolitical and economic challenges. This…
CNPC, Asia's top oil producer, is reviewing its global strategy as it looks to revive dealmaking, eyeing gas liquefaction and deepsea drilling as well as…
State Bank of Pakistan Governor Jameel Ahmad said his country aims to raise up to $4 billion from Middle Eastern commercial banks by the next fiscal year, as…
Under the Patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Saudi Arabia is set to host the fourth edition of the world’s…
Gold prices were little changed on Tuesday, but held above the $2,500 per-ounce psychological level on investor optimism for imminent US rate cuts and…
The 2023 annual report from Jordan’s Ministry of Energy and Mineral Resources said the second phase of the Jordan-Iraq electrical interconnection project is on…
OQ Group, a leading global integrated energy company, has laid the foundation for a strategic fuel storage project in Dhofar Governorate, southern Oman. The…
In a country where youth make up 70% of the 36 million population, at least 21 million are video game enthusiasts. This is Saudi Arabia, which has placed…
The Saudi Ports Authority (Mawani) announced on Monday the addition of Emirates Shipping Line's (ESL) new service, ECRC, to Jeddah Islamic Port. The…
Oil prices rose 2% on Monday on news of fresh production outages in Libya, adding to earlier gains on concerns that an escalating Gaza conflict could disrupt…
The government in eastern Libya announced on Monday that all oilfields would be closed down and production and exports halted, while there was no word from the…
Qatar agreed on Monday to supply Kuwait with 3 million tons per annum (mtpa) of liquefied natural gas (LNG) for 15 years, the second such deal since 2020 as…
The Riyadh Season events are emerging as a key economic driver, drawing both local and international capital. Private sector companies see it as a rewarding…
Savvy Games Group, which is wholly owned by the Public Investment Fund (PIF), announced on Sunday the signing of a Memorandum of Understanding (MoU) with…
Oil prices extended gains on Monday on fears a major spillover in fighting from the Gaza conflict into the Middle East could disrupt regional oil supplies,…
Gold prices ticked up on Monday, extending gains from the last session as Federal Reserve Chair Jerome Powell's dovish remarks solidified expectations of an…
King Abdullah University of Science and Technology (KAUST) has announced a strategic partnership with NEOM to accelerate the transformation of the Kingdom's…
Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said. The state-owned lender said its board had…
Israel's cabinet on Sunday approved an expansion of 3.4 billion shekels ($923 million) in the 2024 state budget to help fund evacuees until the end of the year…
Turkish banks will pay the price throughout next year as challenges linger from the country's economic turnaround, the chief executive of lender Isbank said in…
The Indian space sector has in the last 10 years contributed $60 billion to GDP, as well as generated 4.7 million jobs in the country, a report showed on…
China's Ministry of Commerce said on Sunday it strongly opposed a US decision to add multiple Chinese entities to its export control list over Russia-related…
The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund, signed a memorandum of understanding (MoU) with the US BlackRock…