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,…
Thailand expects to complete negotiations over a free trade agreement with the European Union in 2025, Prime Minister Srettha Thavisin said on Tuesday, as the…
The Saudi Aramco announced on Sunday its full-year 2023 financial results, reporting a net income of $121.3 billion, its second-highest ever net income. …
New Murabba Development Company, a leading urban development destination in Saudi Arabia, is showcasing its transformative vision at the 2024 MIPIM, a…
Iraq intends to build a new offshore pipeline at a cost exceeding $416 million, to support crude oil exports from the southern ports between 2025 and 2024. In…
Algeria is importing massive amounts of beef and lamb to confront an explosion in demand for meat expected throughout the Muslim holy month of Ramadan, hoping…
The Egyptian Central Bank’s move to liberalize the exchange rate of the local currency against the US dollar and raise interest rates by 6 percent is expected…
The fourth edition of the Riyadh Season, which falls within the initiatives of the General Entertainment Authority, saw a qualitative leap in the number of…
The Saudi non-oil economy continues to grow at a rapid pace, achieving an increase of 4.4 percent in 2023, amid expectations that it will accelerate to more…
The Saudi Air Connectivity Program (ACP) and China Eastern Airlines have entered a strategic partnership to launch a new air route connecting the two countries…
Gold prices took a breather from a record-breaking rally on Monday, which was fueled by a cooling US labor market and remarks from the Federal Reserve, with…
Saudi Arabia Railways (SAR) has signed a contract with the sea shipping company Maersk to increase the number of containers transported on SAR trains between…
Turkish Trade Minister Ömer Bolat has said Ankara attaches great importance to the bilateral economic relations with Saudi Arabia. In an interview with Asharq…
Egypt’s President Abdel Fattah El-Sisi pledged that economic conditions in the country would improve soon, defending a decision to liberalize the exchange rate…
Fitch Ratings has upgraded Türkiye’s rating to ‘B+’ from ‘B’ and changed its outlook from ‘stable’ to ‘positive.’ This is because Türkiye has tightened…
Saudi Aramco reported Sunday a $121.27 billion profit last year, down from its 2022 record due to lower energy prices. Aramco made the announcement in a…
India and a trade group of four European nations signed an economic agreement on Sunday aimed at increasing trade and investment, capping nearly 16 years of…
flynas, the Saudi air carrier and the leading low-cost airline in the world and Middle East, announced the beginning of the “Future Pilots” program exams to…
Saudi Aramco, one of the world's leading companies in the fields of energy and chemicals, announced on Saturday the opening of "Aramco Marina", its first…
Egyptian President Abdel Fattah al-Sisi said on Saturday that with tens of billions of dollars in new financing from the United Arab Emirates and the…
Tunisians are bracing themselves for more subdued celebrations during the Muslim holy month of Ramadan as an economic crisis grips the North African country. …
The number of commercial records for women-owned institutions and companies stood at 476,040 by the end of 2023, the Ministry of Commerce said Friday. The…
The United Nations food agency's world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the…
Saudi Arabia’s National Development Fund (NDF) has concluded a partnership agreement with the World Economic Forum (WEF), with the goal of accession to the…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz and his Kazakh counterpart, Almasadam Satkaliyev, have signed an executive program for…