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,…
Public Investment Fund (PIF) Governor, Chairman of the Future Investment Initiative (FII) Institute, and Chairman of Saudi Aramco’s Board of Directors Yasir Al…
Oil prices fell on Friday after a US Fed official said interest rate cuts should be delayed at least two more months, but indications of healthy demand and…
General Authority of Civil Aviation (GACA) President Abdulaziz bin Abdullah Al-Dauilej on Thursday signed a memorandum of understanding (MoU) in the field of…
Türkiye’s central bank left its key interest rate unchanged at 45% on Thursday, pausing a series of aggressive rate hikes aimed at taming high inflation. The…
Saudi Arabia jumped nine places in the Global Retail Development Index, ranking third globally and first in the Arab world. Kearney International…
The Saudi-Pakistani Business Forum kicked off on Wednesday in Riyadh under the patronage of Minister of Commerce Dr. Majid Al-Qasabi. Organized by the…
HSBC’s quarterly profit plunged 80 percent as it took a $3 billion charge on the value of its stake in a Chinese bank and a further write-down on commercial…
Morocco’s economy strengthened last year on recovery in domestic demand and exports, with growth expected to pick up to about 3.5 percent over the medium term,…
The Saudi Minister of Communications and Information Technology, Abdullah Alswaha, has met with US House of Representatives members in Riyadh. Alswaha…
Leaders from across the world, and across the political spectrum will gather in Miami for the Future Investment Initiative PRIORITY Summit on February 22 and…
Saudi Arabia’s Capital Market Forum is set to enhance ties with China’s capital markets by venturing beyond borders to host the next edition in Hong Kong. The…
Jasem AlBudaiwi, Secretary General of the Gulf Cooperation Council (GCC), praised on Tuesday OPEC’s role in supporting oil market stability. AlBudaiwi made…
Saudi Minister of Media Salman bin Yousef Al-Dosary expressed on Tuesday optimism about the future of Saudi media, anticipating numerous achievements and…
Saudi Minister of Municipal, Rural Affairs and Housing, Majed Al-Hogail, said that the retail sector currently constitutes 23 percent of the non-oil GDP in the…
Oil prices edged up on Tuesday, hovering close to three-week highs on heightened Middle East tensions and recovering China demand. Brent futures ticked up 3…
Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had "decreased by 40 to 50 percent" so far this year due to attacks on…
Israel’s Central Bureau of Statistics said Monday the Israeli economy plunged 19.4% in the final three months of 2023, affected by the war on Hamas in the Gaza…
Dubai's air hub has "every chance" of breaking its record for passenger traffic this year after surpassing pre-pandemic levels in 2023, Dubai Airports' CEO…
Saudi Minister of Tourism Ahmed Al-Khateeb took part in the eighth meeting of Gulf Cooperation Council (GCC) tourism ministers in Doha during which he said a…
Saudi Arabia's Public Investment Fund (PIF) announced on Monday that it had acquired a 40% stake of the total issued capital of Zamil Offshore Services Company…
Saudi Aramco is likely to issue a bond this year and will prioritize longer maturities of up to 50 years, Chief Financial Officer Ziad Al-Murshed said on…
The Kingdom of Saudi Arabia has cemented its position as a leader in digital government, once again getting the top spot in the Government Electronic and…
Chevron and partners in the Israeli Tamar natural gas field agreed on Sunday to boost natural gas production capacity from the offshore field. The gas field…
Saudi Arabia's non-oil growth is expected to come in above 5% in the medium term, Finance Minister Mohammed Al Jadaan said on Monda. "If you look at the…