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 Ports Authority (Mawani) announced on Sunday the addition of the "Milaha Gulf Express 2" (MGX-2), affiliated with the Qatari Navigation Company …
Saudi Aramco announced on Monday that it has signed a memorandum of understanding with King Abdullah University of Science and Technology (KAUST) to support…
Saudi Arabia announced the approval of an updated investment law, which is expected to enter into force in early 2025, with the aim of attracting foreign…
The net profits of the Saudi Arabian Mining Company (Maaden) doubled by approximately 192 percent to one billion riyals ($266 million) during the second…
Public utility companies listed on the Saudi Stock Exchange (Tadawul) achieved a 15.76 percent growth in their net profits by the end of the first half of 2024…
Gold prices struggled for momentum on Monday as investors looked forward to a key inflation report that could shed more light on the US central bank's next…
Oil prices were little changed in early Asian trading on Monday, holding on to most of last week's more than 3% gains, supported by geopolitical tensions and…
The Paris Olympics, which draws to a close on Sunday, has given a much-needed boost to the French economy thanks to business from greater numbers of visitors…
Gold prices in Egypt have risen more sharply than global prices recently, which could affect buying and selling in a country where many use gold as a safeguard…
HALO Space, a Spanish startup in space tourism, is set to launch its sixth space tourism test flight from Saudi Arabia in September. The announcement…
Federal Reserve policymakers are increasingly confident that inflation is cooling enough to allow interest-rate cuts ahead, and they will take their cues on…
China’s consumer prices rose more than expected in July, largely due to seasonal factors like weather, leaving intact concern over sluggish domestic demand and…
Saudi banks posted their highest-ever quarterly profits in Q2 2024, with net earnings up 13% from the same period last year. Analysts attribute this…
Saudi Arabia’s labor market continues to set records and lead global rankings. The Kingdom, which was at the top of G20 workforce participation from 2016 to…
Oil prices edged up in Asian trade on Friday, heading for a weekly gain of more than 3%, as US jobs data calmed demand concerns and fears of a widening Middle…
Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores…
A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in the trade sector withdrew for fear of…
Gold prices were steady on Friday, after rising more than 1% in the previous session, as persistent geopolitical tensions and optimism surrounding US interest…
The Saudi Ministry of Communications and Information Technology has announced the start of the second phase of the Source Tech initiative, which is part of…
Egypt aims to reduce inflation to less than 10% by the end of 2025 or the beginning of 2026, Prime Minister Mostafa Madbouly said on Thursday. This came as…
The Turkish Central Bank has left its mid-point inflation forecasts for end-2024 and end-2025 unchanged at 38% and 14% respectively, Governor Fatih Karahan…
Saudi Aramco has made a series of local and international acquisitions to expand its business and fulfill its commitment to its partners to achieve its long…
Qatar Investment Authority (QIA) announced on Wednesday an initial $180 million investment in TechMet, a company focused on building businesses across the…
Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in US crude stockpiles, rebounding from multi…