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,…
Air Arabia PJSC shareholders approved the distribution of a 20 percent cash dividend for the financial year ended 31st December, 2023 (FY2023), at the company…
Danny E. Sebright, President of the US-UAE Business Council, said that the volume of non-oil trade between the UAE and the United States reached $31.4 billion…
ROSHN Group, Saudi Arabia’s leading real-estate developer and PIF-owned giga-project, showcased the Kingdom of Saudi Arabia’s urban transformation at the world…
China published a set of rules on Friday that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts…
Container shipping costs between Europe and Korea surged by almost 40 percent in February due to tensions in the Red Sea, the highest increase since 2019. …
United Airlines Holdings Inc. is close to securing three dozen or more Airbus A321neo jets from aircraft lessors, as it looks to replace Boeing Co. 737 Max 10…
Saudi Arabia’s Ministry of Industry and Mineral Resources issued 152 new industrial licenses in January, at a total investment value of SAR 6.2 billion ($1.65…
Saudi Arabia’s annual inflation rate rose to 1.8% in February from 1.6% the previous month driven by increases in housing rents. Despite this uptick,…
Gold eked out gains on Friday but was set for its first weekly drop in four weeks, as surprisingly hot US inflation readings prompted traders to re-think on…
Nissan and Honda said Friday they will work together on developing electric vehicles and auto intelligence technology to pool resources in a sector where…
President Joe Biden came out in opposition to the planned sale of US Steel to Nippon Steel of Japan, saying on Thursday that the US needs to "maintain strong…
Saudi Arabia’s non-oil activities hit a historic 50% share of the country’s real GDP in 2023, the highest level on record, according to an analysis of the…
Inflation in Russia is stabilizing, Russian President Vladimir Putin told a government meeting on Thursday. Putin has spoken repeatedly of the need to keep…
Credit rating agency Moody’s expected the Saudi non-oil sector to grow at a rate of 5.5 percent in 2024, supported by the implementation of major projects and…
Oil producer group OPEC has said it was encouraged by a commentary from the International Energy Agency (IEA) which underscored the importance of oil security…
The ports supervised by the Saudi Ports Authority (Mawani) recorded in February this year a 16.88% growth in imported containers, which reached 266,672 TEUs,…
Oil rose on Wednesday, supported by signs of strong global demand including from top consumer the United States while hopes that the Federal Reserve might…
Gold prices steadied on Wednesday, after posting their biggest drop in a month in the previous session, as sticky US inflation raised concerns that the Federal…
OPEC Secretary-General Haitham Al Ghais warned against “endangering the present, in the name of saving the future,” in an article in which he talked on the…
The Saudi Agricultural Development Fund approved over the past year loans exceeding SAR 6.474 billion ($1.7 billion), bringing the total value of loans…
As Islam’s holy month of fasting, Ramadan, begins and global crises like the Russian-Ukrainian conflict and the recent Red Sea crisis unfold, the Saudi market…
As the season of Islamic holidays approaches, people are looking for ways to unwind, with coastal tourism being a popular choice. Cruise Saudi, owned by the…
Oil prices rose in Tuesday trade as geopolitical tensions in the Middle East continued to spur concern, but gains were limited on bearish demand sentiments and…
The Ministry of Economy and Planning signed a memorandum of understanding with the Ministry of Education to integrate economy concepts into school curricula…