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,…
Egypt's annual urban consumer price inflation slid to 25.7% in July from 27.5% in June, a rate of decline faster than analysts had forecast, the country's…
The Saudi Ministry of Industry and Mineral Resources opened o Wednesday the bidding for seven new exploration licenses. According to the ministry, the total…
Gold prices drifted higher on Wednesday driven by safe-haven demand and rising bets that the US Federal Reserve might reduce interest rates as early as…
Garment factories in Bangladesh, forecast to account for 90% of the country's exports, reopened on Wednesday hoping to swiftly resume full operations after…
Egypt’s Finance Minister Ahmed Kouchouk said on Tuesday the ministry was working to re-arrange priorities in order to contain the impact of economic reforms. …
The foreign direct investment (FDI) balance in Saudi Arabia recorded a growth of 6.1 percent by the end of the first quarter of 2024, compared to the same…
Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical joint venture Petro Rabigh for $702 million, the companies said on…
Shipping company Maersk on Wednesday said the global demand for container transport was expected to continue to grow in the next few quarters albeit at a…
Saudi Arabia’s SABIC, a global leader in diversified chemicals, signed a potential investment agreement with the Fujian government to build an engineering…
Oracle on Tuesday announced the opening of its second public cloud region in Saudi Arabia to meet the rapidly growing demand for its AI and cloud services. …
Most Gulf stock markets advanced on Tuesday after Federal Reserve officials made comments easing investor jitters, following a global sell-off on fears of a…
The CEO of Zain Saudi Arabia, Eng. Sultan Al-Deghaither, passed away on Monday, leaving behind an unforgettable legacy in the sector and the development of the…
Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data showed an unexpected build in US…
Saudi Aramco Chief Executive Amin Nasser said on Tuesday he expected oil demand growth of between 1.6 and 2 million barrels per day (bpd) in the second half of…
Libya's National Oil Corporation (NOC) will start to gradually decrease production at the Sharara oil field, it said in a statement on Tuesday, citing force…
Saudi Arabia was able to recycle more than 100,000 electronic devices to reduce their environmental damage as part of an effort to build a sustainable digital…
Fears of recession in the American economy, the decline in global markets - from stocks to oil to cryptocurrencies – led to a wave of sharp losses in Middle…
Prices of most industrial metals dropped on Tuesday, weighed down by bleak demand outlook following US data that sparked fears of a possible recession in the…
Saudi Arabia has made significant strides in increasing employment and modernizing work patterns in recent years. As a result, the Kingdom led the G20 in…
Bitcoin and ether plunged on Monday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets and…
Gold prices drifted higher on Monday, aided by worries that the United States could be headed for a recession and rising bets that the Federal Reserve will…
Oil prices fell on Monday as fears of a recession in the United States, the world's top oil consumer, offset concerns that escalating tensions in the Middle…
A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously shipped Iranian oil, potentially…
The Saudi Minister of Industry and Mineral Resources and Chairman of the Local Content and Government Procurement Authority, Bandar Alkhorayef, praised Bahrain…