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,…
A Swedish business team is currently in Saudi Arabia, scouting investment chances and economic partnerships. They’re planning to set up a hub or an investment…
Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the establishment of the Neo Space Group (NSG), a wholly owned PIF company that will become a…
Saudi Arabia's Sports Boulevard Foundation, together with Ajdan Real Estate Development Company and Albilad Capital, decided to double the value of the private…
Two recent World Bank reports show that the poverty belt in Syria currently includes about 69 percent of the population, or about 14.5 million Syrian citizens…
AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer captain David Beckham as a brand ambassador as it plays catch…
Gold prices drifted higher on Monday from a two-week low hit in the previous session as traders gauged fading hopes of US interest rate cuts ahead of a key…
The Saudi Arabian Mining Company (Ma’aden) is seeking to benefit from its relationships with its global partners, and to rely on the latest technologies, in…
Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state news agency Xinhua…
G7 finance leaders will call on Israel to maintain correspondent banking links between Israeli and Palestinian banks to allow vital transactions, trade and…
The international credit rating agency" Moody's" has affirmed Saudi Arabia's credit rating at “A1" with positive outlook. In its latest report report, the…
Fitch Ratings has upgraded Saudi Electricity Company's (SEC) Long-Term Foreign- and Local-Currency Issuer Default Ratings to 'A+' from 'A', and removed the…
Following the shock of war, the Israeli economy found itself at a crossroads, as it witnessed a clear slowdown in commercial, investment, and service activity…
The fiscal situation of the Palestinian Authority, which runs the West Bank, has worsened in the last three months, "significantly raising the risk of a fiscal…
British retail sales slid by far more than expected in April as rainy weather kept shoppers away, in more mixed economic news for Prime Minister Rishi Sunak…
Expanded sanctions on Russia and enhanced pressure on countries that Moscow considers friendly are hurting Russian firms' export revenues and creating oil…
The OPEC+ group of oil producers, comprising the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, has pushed back its output…
Ukraine is negotiating to maximize possible imports of electricity from European Union countries to compensate for the generation capacity destroyed by the…
Turkish Minister of Treasury and Finance Mehmet Simsek called on Arab countries not to be afraid to conclude free trade agreements with Ankara, stressing that…
Saudi Arabia has established the Air Connectivity Program in 2021 to work with air carriers and airports with the aim to launch additional routes and flights…
Saudi Arabia’s non-oil exports recorded an annual increase of 3.3 percent in the first quarter of 2024 compared to the same period in 2023, the General…
Egypt's central bank kept its overnight interest rates steady on Thursday, as expected, saying that while economic growth had slowed, rising non-food inflation…
The Chairman of the General Authority of Civil Aviation (GACA), Abdulaziz Al-Duailej, said that Saudi Arabia is one of the advanced countries in digital…
South Korea announced on Thursday a 26 trillion won ($19 billion) support package for its chip businesses, citing a need to keep up in areas like chip design…
Oil prices eased for a fourth straight session on Thursday after the minutes of a US Federal Reserve meeting revealed discussions of a further tightening of…