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,…
International credit rating agency Standard & Poor’s (S&P) increased its 2024 total growth forecast for Türkiye to 3%. Also, the credit rating agency…
More than 10,000 business opportunities are available in Saudi Arabia’s franchising market, with over 1,200 brands ready for franchising. Saudi Arabia is…
The European Bank for Reconstruction and Development (EBRD) will provide 30 million euros ($32.50 million) in long-term financing to Türkiye's Ronesans…
In line with the ongoing efforts towards strengthening and sustaining the local economy and expanding trade exchange in the region, the Cluster 2 Company…
Chinese President Xi Jinping met with American business leaders at the Great Hall of the People in Beijing on Wednesday, as the government tries to woo foreign…
The Egyptian pound fell against the dollar on Tuesday, nearing 48 pounds in some banks. Despite Prime Minister Mustafa Madbouly’s assurance of clearing all…
ServiceNow CEO Bill McDermott has praised Saudi Arabia’s impressive innovation drive, led by its ambitious tech initiatives. He cited Saudi Minister of…
Foreign oil firms operating in Iraq's Kurdistan region are partly to blame for the delay in resuming crude exports after failing to submit contracts for…
China has initiated dispute settlement proceedings against the United States at the World Trade Organization (WTO) to safeguard its interests in the electric…
Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais has said that the oil exploration and production sector…
Türkiye and the Gulf Cooperation Council (GCC) have taken a significant step in their economic ties by signing a joint declaration to start talks on a free…
Fish production in Saudi Arabia increased significantly in 2023, hitting 214.6 thousand tons, up from 119 thousand tons in 2022, an 80% jump. The target for…
Lucid said on Monday it is raising $1 billion in capital from an affiliate of Saudi Arabia's Public Investment Fund (PIF), sending the shares of the luxury…
Russia's Gazprom shipped a cargo of liquefied natural gas (LNG) from its small-scale Portovaya LNG plant on the Baltic Sea to Spain for the first time, LSEG…
Chairman of the Suez Canal Economic Zone (SCZONE) Walid Gamal El-Din said that 127 projects worth around $2.8 billion were secured during the period between…
President & CEO of Aramco Amin H. Nasser has said that the Saudi company’s commitment to China’s long-term energy security “is set in stone,” adding that the…
The Saudi government is intensifying its efforts to help individuals raise the savings rate in the country, by encouraging the private sector to issue new…
The Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, once again criticized the International Energy Agency (IEA…
Saudi Arabia and Bahrain have signed two memoranda of understanding (MoUs) focused on the future of transportation and road maintenance and safety, the Saudi…
The Saudi Ports Authority, known as "Mawani," has announced that Emirates Shipping Line (ESL) has introduced a new shipping service named "GALEX" to King…
The Islamic Development Bank (IsDB) in Jeddah and the Government of Pakistan signed financing agreements worth 188.7 million Euro in Islamabad on Sunday for an…
The General Council of the World Trade Organization (WTO) has unanimously approved Saqer bin Abdullah Al-Moqbel, the Permanent Representative of Saudi Arabia…
Pakistani President Asif Ali Zardari conferred the "Hilal-i-Quaid-i-Azam" medal on CEO of the Saudi Fund for Development (SFD) Sultan bin Abdulrahman Al…
Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar. On Sunday, people were trying to exchange rials for foreign currency at…