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,…
Gulf Cooperation Council (GCC) Secretary General Jassim Mohammed Al-Budaiwi and European Commission Executive Vice-President Valdis Dombrovskis met in the…
Saudi Vice Minister of Environment, Water and Agriculture Eng. Mansour Al Mushaiti said on Monday over SAR6 billion will have been invested in environmental…
Lebanon's long-troubled economy is shrouded in uncertainty by conflict on its southern border between Israeli forces and Hezbollah militants, Lebanon's economy…
The Saudi Arabian Mining Company (Ma’aden) recorded a decrease in its net profits during 2023 by about 83.07 percent, mainly as a result of decline in sales on…
Saudi Aramco, the Saudi Arabian oil giant, has made a groundbreaking discovery in its unconventional Jafurah Field, adding 15 trillion standard cubic feet of…
London’s Heathrow Airport is shelving plans to add a third runway and will examine other options to handle more passengers, The Sunday Times of London reported…
The Jordanian trade balance deficit witnessed a 10% drop in 2023, reaching JD 9.3 billion ($13.12 billion), from 10.4 billion dinars ($14.6 billion) in 2022. …
Director-General of the World Trade Organization Ngozi Okonjo-Iweala launched on Sunday a $50 million fund to help female entrepreneurs in developing countries…
The Saudi Minister of Economy and Planning, Faisal bin Fadhil Alibrahim, met in Riyadh on Sunday with the Austrian Federal Minister for the EU and Constitution…
Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz stated that Saudi Aramco has been able to significantly increase the quantities of proven reserves…
Saudi Arabia shared the story of its energy transformation that began in 2019, displaying its achievements towards an innovative and sustainable future at the…
QatarEnergy chief Saad al-Kaabi announced on Sunday a new expansion of its liquefied natural gas production that will add a further 16 million tons per annum …
The Sultanate of Oman's insurance sector is expected to witness a 10 percent growth in 2024, said Mustafa Ahmed Salman, member of the Board of Directors of the…
US energy giant ExxonMobil Corp is weighing offers for its oil and gas assets in Argentina's Vaca Muerta shale region, a source familiar with the plan said on…
The Saudi Investment Deputy Minister for Economic Affairs and Investment Studies, Dr. Saad Alshahrani, has stressed that the development of local investments…
ADQ, an Abu Dhabi-based investment and holding company, has unveiled plans to invest $35 billion in Egypt. ADQ will acquire the development rights for Ras…
Houthi attacks on commercial ships in the Red Sea hiked the shipping insurance rates, with fees being imposed to cover risks associated with conflicts. Since…
An international watchdog said Friday that it was removing the United Arab Emirates from its so-called gray list of countries that don't take full measures to…
Artificial intelligence was at the heart of discussions at the Future Investing Initiative (FII) in Miami, where participants discussed its challenges amid…
The United Arab Emirates and Kenya have concluded a comprehensive economic partnership agreement (CEPA), UAE Minister of Foreign Trade Thani Al Zeyoudi said on…
The Federation of Gulf Cooperation Council Chambers (FGCCC) is collecting proposals from member states on the technical challenges and non-tariff obstacles…
Iraq reopened on Friday what was once the country's largest oil refinery, a step the government hopes will lead to an end to its dependence on fuel imports. …
The Suez Canal Authority (SCA) is seeking to diversify sources of income by establishing logistical and maritime projects that serve the global trade movement…
The Saudi Tourism Authority has set 24 plans that place Saudi Arabia as a top tourist destination on the local, regional, and global levels. Last week, the…