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,…
Gold prices hit a fresh two-month low on Wednesday, sliding further below the key $2,000-per-ounce level, as a stronger-than-expected US inflation report…
Along Saudi coastlines, 44 government and private organizations are preparing to monitor environmental hazards. This follows the National Center for…
The Global Smart City Forum, hosted by the Saudi Data and Artificial Intelligence Authority (SDAIA), concluded after two days of discussions on smart city…
CEO of the Saudi Food and Drug Authority (SFDA), Dr. Hisham bin Saad Al-Jadhey, inaugurated on Tuesday the first session of the International Scientific…
Participants in the World Government Summit (WGS) 2024 on Monday unanimously agreed that the rapid progress in artificial intelligence technologies has become…
Saudi Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail said that the Kingdom was working to transform at least 10 Saudi cities to become…
Abu Dhabi’s G42 is paring back its presence in China and has pledged to invest in key Western markets in an effort to assuage US concerns over the artificial…
UAE’s Minister of Energy and Infrastructure Suhail Al Mazrouei said on Monday that the UAE is committed to working with OPEC+ partners to ensure the stability…
The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy. The…
Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham al-Ghais said that OPEC is holding active talks with several nations…
Saudi Minister of Energy Prince Abdulaziz bin Salman confirmed the Kingdom's readiness to raise or lower oil production at any time, according to market…
The Saudi Authority for Industrial Cities and Technology Zones (MODON) has attracted investments worth $34.6 million to localize military aircraft industries,…
Baker Hughes announced on Sunday the inauguration of its joint venture (JV) oilfield and industrial chemicals manufacturing plant in Jubail Industrial City,…
The Saudi capital will host Monday the first Global Smart Cities Forum, which brings together an elite group of world experts in building smart cities and…
Red Sea Global (RSG) said on Sunday that it has completed a SAR2 billion ($522 million) financing agreement with Riyad Bank. According to a statement, the…
Egypt's Finance Minister Mohamed Maait said part of the impact on Suez Canal revenue of the Red Sea attacks on vessels could be absorbed. Maait explained…
The total domestic production and import of natural gas in the Sultanate of Oman amounted to 53.925 billion cubic meters until the end of December 2023, an…
Türkiye’s President Recep Tayyip Erdogan has said the country's goal is for the daily oil production in Gabar well to reach 100,000 barrels by the end of 2024,…
Artificial Intelligence and the next frontiers are among the main themes addressed by the upcoming World Government Summit 2024, held in Dubai on February 12…
The EU has agreed a much-delayed reform of its fiscal rules, in a move that economists say will usher in an era of tighter budgets, even as European growth…
The Biden administration on Friday announced the investment of $5 billion in a newly established public-private consortium aimed at supporting research and…
Secretary General of the Gulf Cooperation Council Jasem Mohamed Albudaiwi has said that GCC states have ambitious development plans on technology and digital…
Egypt's annual urban consumer price inflation dropped to 29.8% in January from 33.7% in December, the state statistics agency revealed, coming in well below…
Israeli Finance Minister Bezalel Smotrich on Saturday brushed off a Moody's downgrading of Israel's credit rating, saying the decision linked to the Gaza war…