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,…
The European Parliament and member states reached an agreement early Saturday on reforms to EU budgetary rules aimed at boosting investment while keeping…
Vice Chairman and Managing Director of ACWA Power Saudi Arabia Raad Al-Saady revealed that necessary studies to develop the green hydrogen project in Egypt…
The Ministry of Investment has concluded its participation in the World Defense Show 2024, held in Riyadh, where it showcased available investment…
CEO of Barzan Holdings Abdullah Al-Khater said the company aims to strengthen defense industries and attract defense technology to Qatar. In an interview…
Egypt's annual urban consumer price inflation dropped to 29.8% in January from 33.7% in December, the state statistics agency said on Thursday. According to…
Saudi Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid al-Mudaifer stressed the importance of government support and international…
The second edition of the World Defense Show 2024 concluded in Riyadh with the signing of 61 purchase contracts worth $7 billion. Over 773…
The Saudi Tourism Authority (STA) has signed an MoU with Switzerland Tourism to bolster collaboration in the tourism sector. CEO and Board Member of the STA…
Oil prices were little changed on Friday, staying on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire…
Minister of Economy and Planning Faisal bin Fadhil Alibrahim has discussed the performance of the Saudi economy in 2023 with a delegation from the…
Danish shipping and logistics company Maersk on Thursday reported fourth-quarter profits below expectations and said it expects 2024 earnings well below last…
The new head of Türkiye's central bank said on Thursday the bank will maintain its tight policy stance until inflation drops to target, as it held its year-end…
Oil prices climbed Wednesday as hostilities in the Red Sea continued with more attacks by Yemen’s Houthis. Brent crude futures, the international benchmark…
The FII Institute has announced the return of the FII PRIORITY Miami summit, themed ‘On the Edge of a New Frontier’. The event is set to take place on February…
Egyptian President Abdel Fattah al-Sisi has raised the monthly minimum wage by 50% to 6,000 pounds ($194) to take effect in March, part of a 180 billion pound …
The Board of Directors of NEOM announced Xaynor, a beachfront private members club, nestled among the rocky landscapes along the pristine coastline of the Gulf…
Egyptian Minister of Trade and Industry Ahmed Samir said on Tuesday the country's trade balance deficit declined by $11.158 billion in 2023 to $36.908 billion,…
The value of private sector investments in portfolio companies and projects affiliated with the Public Investment Fund (PIF) amounted to $25.6 billion as of Q3…
SERB, a Saudi company for advanced industries, showcased four locally-made drones at the World Defense Show in Riyadh. This move aligns with Saudi Arabia…
Recent statements by Saudi Minister of Tourism Ahmed Al-Khatib, who said that the Kingdom attained the objectives of Vision 2030 by receiving more than 100…
The Saudi Military Industries Company (SAMI), a wholly-owned Public Investment Fund company, is scheduled to complete construction of an industrial complex for…
Saudi Arabia Railways (SAR) signed a contract with Stadler, a Swiss rail infrastructure and train manufacturer, for the supply and maintenance of ten next…
Saudi Arabia’s Public Investment Fund (PIF) held its second PIF Private Sector Forum on Tuesday along with its accompanying exhibition in Riyadh, to foster…
Saudi Minister of Tourism Ahmed bin Aqeel Al-Khateeb said the tourism sector in the Kingdom achieved its goal of hosting 100 million tourists in 2023. Of…