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 world’s first theme park dedicated to the Dragon Ball universe of comics, movies, and games will be built in Saudi Arabia, the Qiddiya Investment Company…
The Emirates Nuclear Energy Corporation (ENEC) announced that its operations and maintenance subsidiary, Nawah Energy Company, has safely and successfully…
China has introduced guidelines to phase out US microprocessors from Intel and AMD from government personal computers and servers, the Financial Times reported…
With a comprehensive package of pro-market reforms, China could grow considerably faster than a status quo scenario, International Monetary Fund (IMF) Managing…
China will make greater efforts to diffuse debt risks of financing platforms, said Chinese premier Li Qiang in a meeting focusing on mitigating risks of local…
Japanese consumer inflation rose for the first time in four months in February as the pace of declines in electricity and city gas fees slowed, government data…
Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the possibility of a ceasefire in Gaza gained traction…
Google Cloud, the cloud computing arm of the technology giant Google, expects to contribute about $110 billion to the Saudi economy over the next seven years. …
Egypt raised prices on a wide range of fuel products on Friday, the official gazette said, pressing ahead with a promise it made to the International Monetary…
A number of international companies intend to establish their regional headquarters in the Kingdom, after signing memorandums of understanding with the…
Gulf Cooperation Council (GCC) Secretary General Jasem Mohamed Albudaiwi and Turkish Minister of Trade Dr. Omer Bolat signed on Thursday an agreement to start…
Saudi Aerospace Engineering Industries (SAEI) signed a contract with flyadeal, the Kingdom of Saudi Arabia low-cost airline, whereby the former will conduct…
Türkiye's central bank raised its key interest rate by 5 percentage points on Thursday, resuming a policy of rate hikes aimed at combating soaring inflation…
Oman LNG has signed a sales and purchase agreement with Germany's Secure Energy for Europe (SEFE), Oman's state news agency said on Thursday. The agreement…
Saudi Arabia’s holdings of US Treasury bonds decreased by 3.8 percent that is, the value of $4.4 billion, reaching $127.5 billion, during January 2024,…
Iraq Signs Agreement with Siemens to Convert 120 million Cubic Feet of Gas into Fuel for Electricity
Iraqi Electricity Minister Ziyad Ali Fadel signed on Wednesday an agreement with Siemens Energy in Berlin to convert flared gas into fuel for electricity. The…
Gold prices climbed to a record high on Thursday, as the US dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three…
UAE Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has said the UAE industrial exports have grown by more than 70 billion dirhams (…
Saudi Crown Prince Mohammed bin Salman has recently announced expanding the target of Vision 2030 strategy in the tourism sector to reach 150 million visitors…
Bahrain and Singapore have signed a treaty to establish the Bahrain International Commercial Court (BICC) in Bahrain and a designated body in Singapore. The…
Pakistan and the International Monetary Fund reached a preliminary agreement for the release of $1.1 billion from a $3 billion bailout following dayslong talks…
The Saudi government has designated March 27 of each year as an official day for the Saudi Green Initiative. The cabinet session was chaired by Custodian of…
NEOM's Board of Directors unveiled Treyam, a premier resort positioned where the spectacular desert landscape meets the sea. Boasting an audacious design…
The Saudi Ministry of Industry and Mineral Resources launched new incentives, in cooperation with the Ministry of Investment, amounting to approximately SAR…