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 Aramco, one of the world’s top integrated energy and chemicals companies, successfully completed the acquisition of a 100% equity stake in Esmax…
ACWA Power Signs $738 Million Worth Agreements to Finance Water Desalination Project in the Emirates
Saudi Arabia’s ACWA Power announced on Thursday the signing of agreements with a group of local and international banks to secure the funding of the Hassyan…
The Human Capability Initiative (HCI) conference, held over two days in the Saudi capital, Riyadh, focused on preparing the next generation to tackle modern…
Bitcoin, the top cryptocurrency, has bounced back strongly, recovering all losses since the crypto market downturn in May 2022. Today, it’s steadily nearing…
New Murabba Development Company (NMDC) signed a memorandum of understanding (MoU) with the Tourism Development Fund (TDF) to spearhead the transformation of…
Oil prices rose on Friday and were set to end the week modestly higher as talks over a potential ceasefire in Gaza were further complicated by the deaths of…
Abu Dhabi National Oil Company (ADNOC) said on Thursday it formally closed the acquisition of a 24.9% stake in Austria's Austrian oil and gas group OMV from…
Many Saudi banks have recently increased their capital, and five others on the financial market: al-Inma, al-Jazira, al-Bilad, Arab National, and Saudi…
The Saudi Tourism Development Fund (TDF) has signed a Memorandum of Understanding (MoU) with IE University in Spain, a higher education institution focused on…
The Human Capability Initiative (HCI) Conference was launched in Riyadh at the King Abdulaziz International Convention Center under the patronage of Crown…
Saudi Minister of Economy and Planning Faisal bin Fadhil Alibrahim and World Economic Forum President Børge Brende have held a meeting to discuss the…
Oil prices fell on Thursday after a larger-than-expected build in US crude stockpiles stoked worries about slow demand, while signs that US interest rates…
The establishment of "the Red Sea National Academy" (TRSNA) was announced during the Human Capability Initiative held in Riyadh to implement joint programs…
The Saudi Arabian Military Industries (SAMI), a key enterprise under the Public Investment Fund (PIF), announced on Wednesday a restructuring of its Board of…
The Saudi Basic Industries Corporation (SABIC), one of the largest petrochemical companies in the world, recorded a net loss of SAR2.77 billion ($739 million)…
Group of 20 finance leaders meeting in Brazil this week are expected to make only a passing reference in their closing statement to regional conflicts,…
Aramco, one of the world's leading integrated energy and chemicals companies, signed on Tuesday 40 corporate procurement agreements worth $6 billion with…
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has added significant volumes to the proven gas and condensate reserves at…
The unrest in the Bab al-Mandab region, the Red Sea, and the Gulf of Aden has contributed to the recovery of container handling operations in Djiboutian ports…
The National Transformation Program (NTP), one of the Saudi Vision 2030 programs, accomplished 34 strategic goals out of 96 goals set to be achieved by 2030. …
Saudi Arabia has received international recognition and praise from UN Tourism and the World Travel & Tourism Council for the "remarkable achievement" of…
Oil prices on Tuesday built on gains made a day earlier amid attacks on shipping in the Red Sea that have exacerbated supply worries. Brent crude futures rose…
Gold prices rose on Tuesday as the dollar softened, while investors awaited a key US inflation report and speeches from Federal Reserve officials for cues into…
Trade ministers from World Trade Organization (WTO) member nations convened in Abu Dhabi on Monday for the 13th Ministerial Conference (MC13) with a shared…