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,…
Kuwait's budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal year, with expenses estimated at 24.5 billion…
The Saudi Green Building Forum launched a roadmap to reduce greenhouse gas emissions, on the sidelines of the High-Level Political Forum of the United Nations…
Saudi Arabia’s Ministry of Investment has signed a memorandum of understanding (MoU) with national carrier Saudia Group to enhance services and support for…
Two clashing narratives have emerged over China’s heady manufacturing expansion led by electric vehicles, renewable energy and high-tech goods. One says it’s…
Argentina's central bank will start selling US dollars in the country's parallel foreign exchange markets in an effort to combat inflation and freeze the…
The International Monetary Fund has agreed to loan Pakistan $7 billion to bolster its faltering economy, with Islamabad pledging Saturday it would be the last…
A Taiwanese diplomat has emphasized the strategic relations between Saudi Arabia and Taiwan as the latter aims to expand bilateral cooperation in new value…
The International Monetary Fund said on Friday it continues to believe that the Federal Reserve could start cutting interest rates later this year and should…
US producer prices increased slightly more than expected in June amid a rise in the cost of services, but that did not change expectations that the Federal…
China's exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected from a growing…
Saudi Arabia's General Authority of Civil Aviation (GACA) released air-traffic statistics showing significant growth in the number of passengers and flights in…
Saudi Arabia's Ministry of Economy and Planning (MEP) and Ministry of Energy (MoEnergy), in collaboration with UpLink, have launched the Carbon Capture and…
Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world's biggest oil consumer, with Brent crude peaking above …
OPEC and the International Energy Agency (IEA) again forecasted different short and medium-term global oil demand growth, reports issued by both organizations…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz met Wednesday in Riyadh with State Secretary and Special Envoy for International Climate…
Saudi Arabia has forged strategic partnerships with major international companies to exceed the production capacity of 600,000 electric cars annually,…
External financial bonds, including Eurobonds, constitute an important aspect of Saudi investments, experts told Asharq Al-Awsat. This came after the Ministry…
The Diriyah Company, which is affiliated with the Saudi Public Investment Fund (PIF), announced on Wednesday the signing of the largest construction contracts…
OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air…
Egypt's annual urban inflation rate slowed for a fourth consecutive month in June, to 27.5% from 28.1% in May, data from the country's statistics agency…
Saudi Aramco netted $12.35 billion from a secondary share sale, the deal's stabilizing manager said on Wednesday. An additional 154.5 million shares were…
Gold prices held steady on Thursday, with investors awaiting US inflation data due later in the day for more insights on the Federal Reserve's interest rate…
China announced an investigation Wednesday into whether the European Union has adopted unfair trade practices in its probes of Chinese companies bidding on…
Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi said on Wednesday the GCC and United Kingdom are in agreement over the importance of…