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,…
Saudi Arabia’s financial tech sector has scored over $23 million in funding since March, marking a surge from last year’s 51% share. The sector saw…
The Saudi Health Sector Fund has shown how healthcare is changing during Ramadan, breaking previous records. More than 4 million individual donations were made…
The Saudi private sector is stepping up its involvement in military industries to boost sector development and ensure long-term project success. The aim is…
The Saudi Ports Authority, Mawani, has announced the addition of the new shipping service 'NRS' by Folk Maritime to Jeddah Islamic Port that aims to connect…
Gold prices rose to a record high on Monday, as a softer US inflation report cemented bets that the Federal Reserve would deliver its first interest rate cut…
Iraq on Sunday signed a memorandum of understanding with Siemens Energy and Schlumberger to tackle curb gas flaring and channel the captured resource to boost…
China's manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, offering relief to policymakers…
QatarEnergy CEO Saad Al Kaabi announced on Sunday that the company has finalized a number of charter contracts with several Asian ship owners to bolster its…
The United States is grappling with a shortage of maintenance workers in the aviation industry, with baby boomers retiring and others changing jobs during the…
Egypt will receive the first tranche of an expanded loan agreement with the International Monetary Fund (IMF) next week, Prime Minister Mostafa Madbouly said…
Analysts said that the large losses recorded by oil companies listed on the Saudi Stock Exchange (Tadawul) were due to the slowdown in the global economy,…
Saudi Arabia has set a new record in foreign visitors spending in 2023, as per preliminary data from the Saudi Central Bank regarding the travel item in the…
Egypt received approval on Friday from the International Monetary Fund's executive board for an expanded, $8 billion financial support program that enables the…
Bashar Al Natoor, global head of Islamic finance at Fitch, praised Saudi Arabia’s launch of its “Green Financing Framework” as a key move to support…
Microsoft recently announced a major partnership with the Saudi Ministry of Investment under an initiative focused on innovation. This move aims to push…
Goldman Sachs Group Inc. analysts believe that the high-stakes municipal vote in Istanbul on Sunday will have a positive impact on the Turkish lira, amid…
The Moroccan government gave the green light on Friday for Chinese electric battery maker BTR New Material Group to build a factory near Tangier to produce key…
Russia has decided to focus on reducing oil output rather than exports in the second quarter in order to evenly spread production cuts with other OPEC+ member…
Ukraine has received a $1.5 billion tranche of funding under a World Bank program, the country's prime minister said on Friday. "984 million dollars come…
Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al-Ghais stressed the importance of the decisions taken by the…
Gulf Cooperation Council (GCC) banks’ US dollar debt issuance is on track for its strongest quarter ever in 1Q24, with issuance already exceeding the full-year…
Crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with…
Figures of net foreign direct investment (FDI) flows published in the fourth quarter of 2023, which amounted to about 13 billion riyals ($3.4 billion),…
The unemployment rate among Saudis approached the target of 7 percent, which was set in Vision 2030. At the end of the fourth quarter of 2023, unemployment…