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,…
The Saudi Arabian Oil Company (Saudi Aramco) announced on Tuesday the completion of the secondary public offering of common shares in the company. Aramco…
ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030. This move,…
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower-than-expected use in the first quarter, saying…
Saudi Minister of Tourism and Chairman of the Executive Council of the United Nations World Tourism Organization (UNWTO) Ahmed bin Aqeel Al-Khateeb chaired the…
Gold prices edged up on Tuesday despite a higher dollar as investors awaited key US inflation data and the conclusion of the US Federal Reserve's two-day…
Moscow and Tehran are continuing their work on a comprehensive bilateral cooperation agreement, although the schedule of specific events may shift, Kremlin…
France's snap parliamentary elections are negative for the country's credit score, ratings agency Moody's has warned. "This snap election increases risks to…
Saudi Arabia will enforce on Saturday a ban on outdoor work during peak sun hours. Work will be prohibited between 12 and 3 pm starting June 15 and until…
Islamic Development Bank (IsDB) Group President Dr. Mohammad Al-Jasser and Tajik Minister of Finance Fayzuddin Qahrizoda signed on Monday a financing agreement…
The Saudi Central Bank (SAMA) released on Monday the Annual Performance Report of the Saudi Finance and Real Estate Refinance Companies Sector for the year…
Morocco's Tanger Med port expects to top its nominal processing capacity of nine million containers this year, the port's deputy managing director told Reuters…
The euro tumbled, while French bonds and stocks were hit hard on Monday, following French President Emmanuel Macron's decision to call a snap parliamentary…
Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer, although a firmer dollar boosted by lower chances of imminent interest rate…
Goldman Sachs forecasted Egypt’s inflation rate to drop to 10% by end of June 2025, after a recent floating of the pound exchange rate, an enhanced agreement…
Gold prices held steady on Monday after a sharp sell-off in the previous session on stronger-than-expected US jobs data, with investors awaiting the Federal…
The Uber ride sharing company revealed that it was studying striking partnerships in advanced air transport, including electric vertical takeoff and landing …
Saudi Arabia’s General Authority for Statistics (GASTAT) revealed on Sunday that real GDP decreased by 1.7% year-on-year in the Kingdom. In its GDP and…
China and Pakistan have agreed to boost mining cooperation and promote the implementation of a pact on strengthening mining development and industrial…
Colombian President Gustavo Petro announced Saturday that his country will suspend coal exports to Israel as a rebuke against its deadly war against Hamas in…
Norway's $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla (TSLA.O), CEO Elon Musk's $56 billion pay package, which…
Türkiye has decided to impose a 40% additional tariff on imports of vehicles from China, a presidential decision published in the country's Official Gazette…
The US economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing…
China's exports grew more quickly and for a second month in May, suggesting factory owners are managing to find buyers overseas and providing some relief to…
Oil pared gains on Friday as demand concerns intensified after strong US jobs data soured hopes of the Federal Reserve cutting interest rates soon. Brent…