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 Energy Minister Prince Abdulaziz bin Salman announced on Monday the discovery of seven oil and gas deposits in the Kingdom's Eastern Province and Empty…
Lebanon's energy ministry has extended a deadline for companies to bid for exploration rights for offshore oil and gas fields in its third licensing round…
A drive by Türkiye 's government to modernize the country's tax system will seek to boost revenue by tackling tax avoidance and scrapping incentives that are…
The euro rose on Monday after the first round of France's snap election put the far-right in pole position, though by a smaller margin than projected, while…
Gold prices held steady on Monday after data showed US inflation subsided in May, bolstering hopes that the Federal Reserve will start cutting interest rates…
Oil prices climbed on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter,…
Net foreign direct investment (FDI) inflows to Saudi Arabia rose 5.6% to 9.5 billion riyals ($2.53 billion) in the first quarter of 2024, government data…
Saudi Arabia's state oil company Aramcohas signed contracts worth more than $25 billion for the second phase of the expansion of its Jafurah gas field and the…
The Saudi unemployment rate in the first quarter of 2024 reached 7.6%, compared to 7.8% in the fourth quarter of 2023, said the General Authority for…
Already under scrutiny from ratings agencies, financial markets and Brussels, France's public finances are likely to come under more strain no matter what the…
Tajik Investment Minister Sultan Rahimzadeh revealed ongoing efforts with Saudi Arabia to find mechanisms for implementing investment projects in the energy,…
The Islamic Development Bank's (IsDB) Board of Executive Directors approved the allocation of $368.98 million for new development projects in several member…
A limited fire broke out in a storage area belonging to Kuwait's al-Zour refinery, but production was not affected, state-owned Kuwait Integrated Petroleum…
European Commission chief Ursula von der Leyen said on Saturday European companies were signing more than 20 new deals or MOUs worth a total of more than 40…
The BRICS group of countries have supported an initiative to set up a grain exchange, Russian Minister of Agriculture Oksana Lut said on Friday. The exchange…
China and Peru have achieved "substantial conclusion of negotiations" on the upgrading of a free trade agreement between both countries, Chinese state media…
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawah has met in Washington with the US Secretary of Commerce, Gina…
US monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing…
Russia's Gazprom will start annual pipeline gas exports to China of 10 billion cubic metres (bcm) in 2027, its boss Alexei Miller told an annual shareholders'…
Chinese President Xi Jinping said Friday the ruling Communist Party was planning and implementing "major" reforms, ahead of a closely watched political…
Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday,…
Türkiye on Friday welcomed a decision by an international watchdog to remove it from a so-called “ gray list ” of countries that have not fully implemented…
In light of the rapid technical developments the world is witnessing, especially after the Covid-19 pandemic, the Kingdom has been able to safely provide a…
The International Monetary Fund on Thursday called on the US to raise taxes to curb rising debt levels while applauding "robust, dynamic" growth in the world's…