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,…
Saudi Crown Prince Mohammed bin Salman announced on Thursday the launch of Alat - a Public Investment Fund company – with the aim to transform Saudi Arabia…
The Standard & Poor’s credit rating agency expected the main performance indicators of GCC banks to remain stable in 2024. In a report, S&P Global…
The Saudi Ministry of Finance and the National Debt Management Center (NDMC) unveiled plans to launch the first savings product intended for individuals and…
Saudi Arabia is witnessing the launch of giant projects in renewable energy, leading to competition within the private sector to attract national talent…
The Lebanese capital has maintained a negative lead rank at both the regional and international levels concerning the cost of living and quality of life. …
The International Monetary Fund said on Thursday it had agreed with Egypt on the key policy components of an economic reform program, in a further sign that a…
The Digital Cooperation Organization (DCO), an international multilateral organization that aims to promote digital prosperity for all by accelerating…
The Saudi Minister of Communications and Information Technology, Eng. Abdullah Al-Swaha, met in Manama on Thursday with the Bahraini Minister of Transportation…
Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud and Chairman of the Board of Directors of the Public Investment Fund (PIF) announced on Thursday the…
The foreign direct investment (FDI) in Saudi Arabia jumped to $203.2 billion by the end of 2022, compared to $175.7 billion in 2021. The General…
The Clean Energy 2024 conference, held on Wednesday in Riyadh, focused on the Saudi government's initiatives in the renewable energy sector, mainly hydrogen,…
Saudi Arabia’s Public Investment Fund (PIF) is prioritizing the mining sector among its thirteen key local sectors for targeted investments. Mohammed Al…
Container shipping through the Red Sea has dropped by nearly one-third this year as attacks by Yemen's Houthis continue, the International Monetary Fund said…
Japan's reliance on crude oil supplied from the Middle East has increased by one percentage point to 95.1% last year, data released by the Ministry of Economy,…
It could take until the closing years of the century for Gaza's economy to regain its pre-conflict size if hostilities in the Palestinian enclave were to cease…
Egypt's cabinet approved regulations on Wednesday that would abolish many tax and fee exemptions for state-owned enterprises, fulfilling a key condition the…
Fitch Ratings Agency reported on Tuesday that the Sultanate of Oman's budget for the current fiscal year signals that the authorities will continue repaying…
Global air freight rates have climbed for the first time in seven weeks as attacks on Red Sea shipping prompt companies to secure costlier air cargo space. …
While Tunisians face economic hardships and their government is mired in debt, medical tourism has thrived and authorities are looking to expand the profitable…
Gold demand will win a "pronounced" boost from geopolitical uncertainty this year, an industry report predicted Wednesday, after the precious metal and haven…
Saudi EXIM Bank signed on Tuesday an agreement with the International Islamic Trade Finance Corporation (ITFC) to implement a $25 million financing line for…
Chairman of the Suez Canal Authority (SCA) Ossama Rabie discussed the current situation in the Red Sea and Bab el-Mandeb region and their impact on the…
The Saudi Data and Artificial Intelligence Authority (SDAIA) will host Saudi Arabia's first Global Smart City Forum in Riyadh from Feb. 12-13, with 80 speakers…
ADNOC Gas on Tuesday signed a 10-year agreement to supply 0.5 million metric tons per year of liquefied natural gas (LNG) to India's largest Natural Gas…