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 Aramco said Tuesday it will not try to increase its maximum daily oil production to 13 million barrels a day after receiving a directive from the Kingdom…
Carbon emissions in flynas operations during 18 months were cut by more than 161,000 tons of carbon dioxide (CO2), equivalent to planting 6.44 million trees,…
About 90% of the terms of the free trade negotiations between China and the Gulf Cooperation Council (GCC) countries have been completed, announced China’s…
A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, dealing a fresh blow to confidence in the country's fragile…
Cruise Saudi, a wholly owned company by the Public Investment Fund (PIF), and Al Madinah Region Development Authority signed on Monday a Memorandum of…
Red Sea Global (RSG) announced using low-carbon biofuel in all its delivery trucks. According to a press statement, RSG's entire fleet of land…
The Jeddah International Travel and Tourism Exhibition (JTTX) 2024 kicked off at the Jeddah Superdome on Sunday. The Jeddah Exhibition is hosting 250 local…
QatarEnergy and US-based Excelerate Energy signed on Monday a 15-year agreement to supply 1 million metric tons per year (mtpa) of liquefied natural gas (LNG)…
Saudi Arabia is driving a major shift in the transportation sector to address the rising challenges of climate change. The Kingdom’s plans in this area…
Oil prices climbed on Monday after a drone attack on US forces on the Syrian-Jordanian border added to worries over supply disruption in the Middle East as…
Israel's sovereign credit rating could be cut if the war with Hamas expands to other fronts, but if this does not happen it should be able to weather the war's…
King Abdulaziz City for Science and Technology (KACST) and ACWA Power Company signed an agreement on Sunday to establish a joint "Clean Energy and Water…
Mongolian Prime Minister L. Oyun-Erdene said construction of Russia's planned new Power of Siberia-2 gas pipeline to China, which was expected to start this…
Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker…
The head of Russian Gazprom Neft said on Saturday he sees no need for additional oil supply cuts by OPEC+ oil producers, days before the group is due to meet…
Economists at Goldman Sachs Group Inc. expected Türkiye's central bank to take a sharp pivot toward monetary easing prompting interest rates to fall by 20% by…
The Governor of the Central Bank of Jordan (CBJ) has said there are indicators that the monetary tightening policy has ended. During the Jordanian Banking…
Iranian officials announced that trade exchange with Erbil, northern Iraq, continued despite the campaign to boycott Iranian goods, which is gaining reasonable…
Saudi Public Investment Fund (PIF) completed pricing a $5 billion Reg S international bond offering under its Euro Medium-Term Note Program, aligning with its…
The Consumer Price Index in Bahrain declined 0.3 percent in December on an annual basis, while maintaining its steadiness at 0.2 percent on a monthly basis. …
Egyptian Prime Minister Mostafa Madbouly said that launching investment funds in metals, including gold, was aimed at providing investment opportunities that…
UAE's Ministry of Finance issued a total of $2 billion in bonds and Sukuk in 2023 and plans to issue bonds valued at $1.3 billion for Q1 2024, announced…
Freight going through the Suez Canal has dropped by 45% in the two months since attacks by Yemen's Houthis led shipping groups to divert freight, disrupting…
Secretary-General of the International Maritime Organization Arsenio Dominguez has stressed that the IMO supports freedom of navigation and calls for calm in…