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,…
Saudia, the national flag carrier of the Kingdom of Saudi Arabia, has topped the list of global airlines for on-time performance, according to a report by the…
Saudi Arabia’s General Authority for Military Industries (GAMI) concluded its participation in Farnborough International Airshow, held recently in London, UK,…
Severe wildfire seasons are increasingly hurting western Canada's lucrative tourism industry, with some visitors beginning to avoid the busy late-summer months…
Telecommunications companies listed on the Saudi Stock Exchange (Tadawul) achieved a 12.46 percent growth in their net profits, which reached SAR 4.07 billion …
flynas, Saudi Arabia’s leading low-cost carrier, has signed a Memorandum of Understanding (MoU) with Airbus for 75 A320neo family aircraft and 15 A330-900…
As Saudi companies start reporting their Q2 financial results, experts are optimistic about the transport and logistics sector. They expect a 10% annual growth…
Saudi Arabia’s non-oil exports soared to a two-year high in May, reaching SAR 28.89 billion (USD 7.70 billion), marking an 8.2% year-on-year increase compared…
The United States on Thursday called on Israel to extend its cooperation with Palestinian banks for another year, to avoid blocking vital transactions in the…
Oil prices were up slightly on Friday on stronger-than-expected US economic data that raised investor expectations for increasing crude oil demand from the…
Egypt raised the prices of a wide range of fuel products on Thursday, the official gazette said, four days before the International Monetary Fund (IMF)…
Saudi factories are increasingly adopting automation to improve product quality and competitiveness while cutting costs. A total of 479 factories have…
The Organization of the Petroleum Exporting Countries (OPEC) Secretariat said Wednesday that it received compensation plans from Iraq, Kazakhstan and Russia…
Türkiye’s central bank has reached an agreement with the Saudi Fund for Development to settle a $5 billion deposit received last year, as part of efforts to…
Arab Parliament Speaker Adel bin Abdulrahman Al-Asoumi has met with World Bank President Ajay Banga in Washington, D.C. to discuss ways to strengthen relations…
With many consumers abandoning physical cash, and in light of the accelerating development of crypto-currencies, central banks in the world have started…
Brazilian Ambassador to Saudi Arabia Sergio E. Bath said that the exchange of high-level visits between the two countries highlight their common vision and…
Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef stressed on Tuesday that the Kingdom has proven its strength in the field of mining,…
Falling US crude inventories caused oil prices to rebound on Wednesday after several days of decline, while expectations for a nearing ceasefire deal in the…
Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserve's rate-cut timeline. Spot gold was…
Nippon Steel will dissolve its joint venture with China's Baoshan Iron & Steel it said on Tuesday, ending two decades of cooperation when their existing…
Saudi Minister of Economy and Planning Faisal bin Fadel Alibrahim held talks with Dutch Minister for Foreign Trade and Development Reinette Klever. This took…
A potential Democratic administration led by Vice President Kamala Harris would likely advance President Joe Biden's agenda of tough financial rules, an…
The Saudi Red Sea Authority, in cooperation with the Ministry of Tourism, has launched the "Seas of Excellence" training program to improve the quality of…
Saudi Arabia’s Ministry of Industry and Mineral Resources has added over 200 products to the national mandatory list and localized the production of vaccines…