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,…
Saudi Minister of Commerce and Chairman of the Board of Directors of the National Competitiveness Center (NCC) Dr. Majid bin Abdullah Al-Qasabi met with Korean…
Saudi Arabia’s flynas, the leading low-cost airline in the world and the best LCC in the Middle East, welcomed more than 7 million passengers on board its…
Qatar recorded a budget surplus of 2.6 billion riyals ($713.31 million) in the second quarter of 2024, the Finance Ministry said on Wednesday, adding it would…
The total reserve assets of the Saudi Central Bank (SAMA) increased by 5.5 percent in June on an annual basis, to reach SAR 1.754 trillion ($467.5 billion),…
The Saudi Ports Authority (Mawani) has announced on Tuesday the listing of Jeddah Islamic Port on the London Metal Exchange (LME) through its strategic partner…
BP (BP.L), increased its dividend and extended its share repurchasing program on Tuesday as it reported a forecast beating second-quarter profit of nearly $2.8…
Saudi Arabia's Manara Minerals is looking at opportunities to invest in lithium production in Chile, mining minister Bandar Alkhorayaf said on Monday during a…
Egypt's economic growth is forecast at 4% in the 2024/25 fiscal year and inflation is expected to fall below 15%, the International Monetary Fund's mission…
McDonald's reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters, as deal-seeking consumers shy away from higher priced menu…
BP said on Tuesday it has given the go-ahead for the sixth operated hub, Kaskida, in the US Gulf of Mexico, with oil production slated to start in 2029. The…
Oil prices fell on Tuesday, extending losses from the previous session amid concerns about demand in China, the world's largest crude importer, while the…
China will step up policy support for the economy, focusing on boosting consumption to expand domestic demand, the Politburo, the top decision-making body of…
The International Monetary Fund said on Monday it had completed a review allowing Egypt to draw $820 million, saying efforts to restore macroeconomic stability…
Saudi Commerce Minister Dr. Majid bin Abdullah Al-Qasabi arrived in Seoul on Monday, leading a Saudi delegation on a three-day visit to bolster trade ties with…
The Saudi Export-Import Bank (Saudi Exim Bank) and Brazilian Development Bank signed a Memorandum of Understanding (MoU) to boost economic cooperation and…
Saudi Arabia and Brazil are seeking to expand partnerships in the mining sector, as the two countries enjoy important economic and investment relations. The…
Mega Saudi projects have contributed to increasing the volume of facilities management investments, which are expected to exceed $60 billion during 2030. …
Ankara is set to host on Monday the first round of negotiations for a free trade agreement between the Arab Gulf Cooperation Council and Türkiye. The talks…
Oil prices rose on Monday, paring last week's loss, on fears of a widening conflict in the Middle East following a rocket strike in the Israeli-occupied Golan…
Prices of safe-haven gold climbed on Monday on heightened geopolitical tensions in the Middle East and amid expectations of a US rate cut in September, while…
Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to boost oil and gas…
Britain’s new left-leaning government said Sunday that the nation is “broke and broken,” blaming the situation on its predecessors ahead of a major speech on…
The United Arab Emirates and Morocco have finalized the terms of a Comprehensive Economic Partnership Agreement (CEPA) that will launch a new chapter of…
Thai Foreign Minister Maris Sangiampongsa said that relations between Thailand and Saudi Arabia go beyond bilateral cooperation to regional and international…