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 Ministry of Environment, Water and Agriculture (MEWA) declared on Sunday that the Kingdom has achieved total self-sufficiency in fig production, with…
Saudi-listed ACWA Power, the world’s largest private water desalination company, announced on Sunday its consolidated financial results for the six months…
Rumors spread on social media in Egypt amid claims that the country’s airports are being sold to foreign parties, prompting the cabinet to deny the reports on…
Egyptian Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said her country is currently working to boost the financial…
Chevron Corp on Friday posted sharply weaker second-quarter earnings and the oil major's CEO discounted the chance to close a $53 billion acquisition of Hess…
Surprisingly weak US employment data on Friday stoked fears of a recession ahead, prompting investors to dump stocks and turn to safe-haven bonds, Reuters…
Gold prices hit their highest in over two weeks on Friday as Treasury yields and the dollar declined after data showed US economy created fewer jobs than…
The Libyan Investment Authority is expecting UN sign-off by the end of the year to actively manage its $70 billion in assets for the first time in more than a…
Oil prices slid by more than $2 on Friday, on track for a fourth successive weekly drop after data showed that the US economy added fewer jobs than expected in…
The United Nations world food price index eased slightly in July according to data released on Friday, with a decline in the index for cereals partially offset…
Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemical companies, beat analysts’ forecasts in the second quarter, indicating a recovery…
Big investors are growing more confident about a comeback for neglected UK assets, with the Bank of England's move to cut interest rates from a 16-year high,…
Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih has met in the Egyptian city of El Alamein with Egyptian Minister of Investment and Foreign…
A meeting of top OPEC+ ministers has kept oil output policy unchanged including a plan to start unwinding one layer of output cuts from October, and repeated…
Saudi Minister of Investment Eng. Khalid Al-Falih and Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El…
Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MoUs) worth a total of $50 billion with leading Chinese financial…
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi met yesterday with Indonesian Minister of Trade Zulkifli Hasan in Jakarta, where they…
Iraq has signed a preliminary agreement with British energy group BP to develop the northern Kirkuk oil and gas fields, the Iraqi prime minister's office said…
Gold prices hit a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September. Spot…
The second round of negotiations for a free trade agreement between the Gulf Cooperation Council (GCC) and Türkiye is scheduled to be held in Riyadh before the…
Non-oil revenues in Saudi Arabia grew by 4 percent year-on-year during the second quarter of 2024, to reach SAR 140.6 billion ($73.3 billion), the highest…
Saudi Minister of Industry and Mineral Resource Bandar bin Ibrahim Al-Khorayef explored investment opportunities in the production and processing of lithium,…
Euro zone inflation unexpectedly edged up in July, data showed on Wednesday, although a widely watched gauge of price growth in the services sector eased. …
Oilprices rose in early Asian trading on Thursday, extending strong gains in the previous session after the killing of a Hamas leader in Iran raised the threat…