Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
Saudi Arabia’s Cabinet, chaired by Custodian of the Two Holy Mosques King Salman bin Abdulaziz, has approved the Kingdom’s accession to the United Nations…
OPEC on Wednesday lowered its forecast for world oil demand growth in 2026 to 580,000 barrels per day, a copy of its monthly report showed, marking the fourth…
Bank of America said on Wednesday it plans to deploy $250 billion by July 2027 to support US digital and infrastructure projects, a move it says will boost the…
The International Energy Agency on Wednesday sharply reduced its forecast for global oil demand this year, as supplies remain crimped by the closure of the…
Oil prices rose on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies, while industry data showing swelling…
US consumer prices likely increased moderately in July, which could further reduce financial market expectations for the Federal Reserve to raise interest…
Riyadh’s housing market is entering a new phase with the opening of applications for the second year of the Real Estate Balance Program, reflecting the Saudi…
ADES Holding Company (ADES) said on Tuesday it has received resumption notices covering all of its temporarily suspended offshore drilling rigs in Saudi Arabia…
Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Saudi Arabia will host the second editions of the Global Logistics…
Saudi Arabia’s auto market is moving toward greater discipline and competition as the Ministry of Commerce steps up oversight of dealers, seeking to strengthen…
Saudi Arabia’s appeal extends beyond rising foreign investment and expanding mega-projects to the banking sector, where institutions see the economic…
Gold ticked lower on Tuesday after hitting its highest level in more than two months, while investors focused on upcoming inflation data for clues on the U.S…
Australia's economy minister increased scrutiny on Monday of China-linked investors in a critical minerals project that are refusing orders to sell,…
Acwa Field Services, the field maintenance and technical services subsidiary of Saudi-listed Acwa, has acquired the steam turbine services business of…
The president's media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked. Now it's getting back to…
Oil prices extended hefty gains Tuesday as hopes for a reopening of the Strait of Hormuz fade, fanning fresh inflation fears and ramping up bets on at least…
Under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, the tenth edition of the Future Investment Initiative (FII)…
Iraq has raised the September official selling price (OSP) for Basra Medium crude oil to Asia to minus $4 a barrel against the average of Oman/Dubai quotes…
The Turkish central bank bought $5 billion in foreign exchange last week, with its net reserves increasing $9 billion to $63 billion, bankers said on Monday,…
US imports of containerized goods in July hit the fourth-highest level for the month, as shippers rushed in goods ahead of unknown US tariff changes, supply…
Egypt's annual urban consumer inflation accelerated to 14.9% in July from 14.3% in June, state statistics agency CAPMAS said on Monday. Nationwide annual…
The extreme ‌heat and drought affecting large parts of Europe this summer could erase much of the economic growth expected across the region, Dutch bank…
Gold slipped on Monday as investors took profits after prices hit a seven-week high in the previous session, while markets looked to US inflation data for…
The US dollar inched higher from a two-month low against major currencies on Monday, as oil prices climbed due to a muddled Middle East outlook while investors…