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,…
Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef announced on Tuesday the launch of the National Automotive and Vehicles Academy, the…
Swiss Federal Councillor Guy Parmelin, head of the Federal Department of Economic Affairs, Education and Research (EAER), stressed that the opportunity is ripe…
Oman's Sultan Haitham bin Tariq and Kuwait Emir Sheikh Meshal al-Ahmad al-Sabah will attend the opening of Duqm Refinery and Petrochemical Industries on…
Saudi Arabia underscored on Monday its ambition to position itself as a global hub for logistics, finance, and industry. Saudi Minister of Investment…
The second day of the World Defense Show, founded by Saudi Arabia’s General Authority for Military Industries (GAMI), saw a flurry of deals and contracts…
In January, Turkish inflation logged its biggest monthly jump since August, with a 6.7% rise from December, while year-on-year inflation hit nearly 65%,…
McDonald's reported its first quarterly sales miss in nearly four years on Monday on weak sales growth at its international business division, partly due to…
Fitch Ratings confirmed on Monday’s Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at “A+” with Stable Outlook. The agency said in…
US weapons maker Lockheed Martin has signed agreements for Saudi Arabian companies to manufacture parts of its Terminal High Altitude Area Defense (THAAD)…
Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef shared with Asharq Al-Awsat that there are direct incentives for investors in the country’s…
The Saudi government is starting to see positive results from its efforts to boost the military, defense, and security industries. The localization rate of the…
QatarEnergy has signed a deal to supply Mitsui & Co. Energy Trading in Singapore with 11 million barrels of condensate per year for 10 years starting in…
Oil prices nudged higher on Monday, recovering from sharp falls last week, after Washington pledged to launch further strikes on Iran-backed groups in the…
Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef has held a meeting with chiefs of Airbus Helicopters and Boeing and Global Saudi…
Morocco's annual trade deficit contracted by 7.3% to 286 billion dirhams ($28.6 billion) in 2023, helped by a drop in energy imports and higher tourism revenue…
Gulf Air, Bahrain’s national carrier, launched on Saturday its first-ever flight to AlUla International Airport, from where the company will operate direct…
Egypt’s Suez Canal Authority reported that revenues for January 2024 witnessed a massive decrease of 46% compared to the same period in 2023, from $804 million…
Lebanon’s Central Bank opened a segment of deposits that was “not eligible” for full recovery, according to the applicable government description, to monthly…
The World Bank warned of a global crisis in supply chains if attacks by the Iran-backed Houthi militias on vessels in the Red Sea continued for an additional…
Gold was edging slightly higher as the dollar slipped and Treasury yields fell, though other metal prices remained broadly mixed. The safe-haven precious…
The United Nations food agency's world price index fell in January to its lowest level in nearly three years, driven by declines in cereals and meat. The…
Türkiye's central bank governor Hafize Gaye Erkan resigned on Friday, citing a need to protect her family amid a "reputation assassination", and she was…
The International Monetary Fund (IMF) has revised its expectations for economic growth in Saudi Arabia, indicating a positive outlook for the Kingdom's economy…
The Joint Ministerial Monitoring Committee of OPEC+ has kept the oil output policy unchanged, stating readiness to take additional measures at any time. The…