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,…
Gold prices eased on Friday, but were set for a third straight quarterly rise, while investors looked forward to US inflation data due later in the day for…
Britain's economy grew 0.7% in the first three months of this year compared with the previous quarter, above an initial estimate of 0.6% growth, official…
Oil prices rose in early Asian trading hours on Friday, setting up a third straight weekly jump, as concerns about supply problems from escalating geopolitical…
British Petroleum’s (BP) new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil…
The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, has expanded its total logistics space in industrial cities across the Kingdom…
Saudi Arabia’s trade balance reached a surplus of SAR41.411 billion in April 2024, which is the highest level so far this year, according to the preliminary…
The Saudi Power Procurement Company (SPPC) signed on Wednesday Power Purchase Agreements (PPA) for three new solar photovoltaic projects with a consortium of…
Oil prices dipped on Thursday as a surprise build in US stockpiles fueled fears about slow demand from the world's top oil consumer, though declines were…
The eastward expansion of Europe’s single currency has suffered a setback after Bulgaria and Romania failed to meet the economic criteria needed to adopt the…
The International Gas Union (IGU) said in a report on Wednesday that the global liquefied natural gas (LNG) market remains fragile following two years of…
A Saudi delegation led by General Authority of Foreign Trade (GAFT) Deputy Governor for International Relations Abdulaziz bin Omar Al-Sakran, participated on…
Saudi Aramco, one of the world's leading integrated energy and chemicals companies, and Sempra, one of North America's leading energy infrastructure companies,…
Gold prices slipped 1% to their lowest level in more than two weeks, weighed down by a stronger dollar and higher bond yields, while traders looked forward to…
The Saudi Export-Import Bank (EXIM) and the OPEC Fund for International Development have signed a memorandum of understanding (MOU) to enhance cooperation,…
Jazan City for Primary and Downstream Industries (JCPDI) exported over 11,000 tons of pig iron through its port to Italy, SPA reported. Pig iron is one of…
The Saudi General Authority for Competition (GAC) continues its campaign to crack down on violations committed by car dealers and showrooms. On Tuesday, GAC…
Israel on Wednesday approved the export of more natural gas from its offshore fields to boost the economy and energy security, and its partners in the huge…
Thirteen Saudi entities working in the transportation and logistics services are highlighting the Kingdom’s infrastructure development in the maritime, land,…
Kuwait Finance House (KFH), the Gulf country's largest lender, is looking at opportunities to expand in Saudi Arabia, it said in a bourse filing on Tuesday,…
The Executive Board of the International Energy Forum (IEF) elected on Tuesday Jassim Alshirawi of Bahrain as the sixth IEF Secretary General at a meeting…
The Saudi Ports Authority (Mawani) announced the signing of a contract between the Saudi Global Ports (SGP) and SANY Heavy Industry, the leading Chinese…
Saudi Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim said the Kingdom has reached the halfway point in its journey towards Vision 2030, reported…
British investors at the British-Saudi Sustainable Infrastructure Summit in London expressed on Monday keen interest in investing in the renewable energy…
Real estate activities in Saudi Arabia continued to grow since the beginning of 2024, recording more than 280,000 transactions worth more than $170 billion …