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 Delegation of the European Union to Lebanon said Friday that the country has made “only limited progress” since April 2022 when it agreed on a program of…
The United Nations food agency's world price index rebounded in March from a three-year low, boosted by increases for vegetable oils, meat and dairy products. …
The Kingdom’s leading mobile wallet, stc pay, has been given formal approval by the Saudi Central Bank (SAMA) to move to the next phase of its transformation…
Britain's economy looks on track to exit recession when official first-quarter growth data is next published, despite a slowdown in services activity last…
The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed $60 per barrel price cap is to have stable global…
US Treasury Chief Janet Yellen called on Friday for a "level playing field" between American and Chinese companies, telling officials during a visit to…
The number of existing commercial registrations in Saudi Arabia now exceeds 1.4 million after it achieved a 59 percent jump during the first quarter of 2024 by…
Non-oil trade activity rebounded in Saudi Arabia in March, supported by strong demand and output accelerating to a six-month high. Operating conditions in…
Treasury Secretary Janet Yellen is headed to a China determined to avoid open conflict with the United States, yet the world's two largest economies still…
Oil prices rose on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the US,…
A meeting of senior OPEC+ ministers kept oil output policy unchanged and pressed some countries to increase compliance with output cuts, a decision that…
Iraq has inked a fresh agreement with Iran to import gas for electricity generation, sparking criticism over its economic vulnerability. However, officials…
Saudi Arabia has seen a big rise in e-payments by individuals, making up 70% of total individual transactions in 2023, up from 62% in 2022—a 13% increase. …
flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the world, celebrated taking delivery of the 50th airplane out of a large…
Gold prices extended a record run on Wednesday as concerns of inflationary pressures boosted demand for bullion as a hedge, with traders shrugging off doubts…
An OPEC+ ministerial panel is unlikely to recommend any oil output policy changes at a meeting on Wednesday, five OPEC+ sources told Reuters, as oil prices hit…
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, awarded on Tuesday engineering, procurement, and construction (EPC)…
The Saudi Ports Authority (Mawani) and the Saudi Arabia Railways (SAR) inked an agreement to bolster maritime and rail transportation connectivity, reported…
British firm “Jet Media Network” (JMN) plans to set up its main office in Riyadh, Saudi Arabia, capitalizing on the increasing interest in investing in new…
Gold prices on Tuesday hovered below a record high hit in the previous session, as the dollar and Treasury yields held firm after strong US data flagged doubts…
AhnLab, a leading cybersecurity company based in South Korea, has announced its partnership with the Saudi Information Technology Company (SITE), a security…
Saudi Arabia’s Human Resources Development Fund invested around SAR 8.7 billion ($2.3 billion) last year in programs for training, counseling, and empowering…
Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the US, the world's biggest oil consuming nations, and growing concerns of a…
Egypt’s economy recently got a big boost from positive events, like the “Ras al-Hikma” deal in February and currency changes in March. However, challenges…