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,…
IBM, a leading provider of global hybrid cloud, AI, and consulting expertise, has announced the inauguration of its regional headquarters in Riyadh. The…
Saudi Aramco has awarded contracts worth more than $3.3 billion to Chinese company Sinopec and Spain’s Tecnicas Reunidas to build a gas facility in Saudi…
Dhabi National Energy Company (TAQA) is selling all of its stake in the Atrush oil field in the Kurdistan Region of Iraq. In a statement on the Abu Dhabi…
Saudi Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail revealed on Monday that the banks’ contribution to real estate loans has reached over…
The Saudi Ministry of Energy concluded on Sunday a cooperation agreement with the Saudi National Bank (SNB Al-Ahli) to launch a social entrepreneurship…
The Saudi Ministry of Investment is currently compiling information on foreign investments by private companies and creating a database for investment data in…
Saudi and Moroccan private sectors agreed to establish a joint investment fund to advance economic cooperation between the two countries and support Saudi…
The state-owned Abu Dhabi National Oil Company said on Monday it would allocate $23 billion for decarbonization and lower-carbon projects, up from a previous …
The Saudi Basic Industries Corporation (SABIC), the leading global company in diversified chemicals, announced on Sunday that it has endorsed the final…
A high-level delegation from Saudi Arabia concluded its participation in the World Economic Forum (WEF) Annual Meeting 2024 in Davos, culminating in an…
Saudi Arabia, represented by the General Authority of Civil Aviation, successfully concluded on Sunday its participation in the Wings India 2024 exhibition…
Libya’s state-owned oil company resumed production at the country’s largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the…
The Saudi real estate market recorded deals with a total value of about SAR 277 billion ($74 billion), compared to SAR 223.5 billion in 2022. Market…
The volume of trade exchange between Saudi Arabia and Morocco increased by a record 223 percent, reaching $4.4 billion in 2022. In a recent economic…
The World Tourism Organization (WTO) barometer revealed in its January report that 156% more tourists arrived in the Kingdom in 2023 compared to 2019, an…
Local business and political leaders emphasized the need to “rebuild trust” in a divided world at the conclusion of the World Economic Forum in Davos on Friday…
China has instructed heavily indebted local governments to delay or halt some state-funded infrastructure projects, three people with knowledge of the…
Global tourism is set to fully recover from the pandemic in 2024 as international tourist arrivals will likely be 2% more numerous than in 2019, the United…
The Saudi national aviation strategy supports economic development in Saudi Arabia and provides promising opportunities for global investors, announced…
Saudi Arabia and the World Economic Forum’s (WEF) innovation platform UpLink signed two agreements to catalyze innovative global solutions to today’s most…
Saudi Economy and Planning Minister Faisal Alibrahim has highlighted that the private sector is driving growth in the Kingdom, contributing 44.79% to the…
Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar bin Ibrahim AlKhorayef, has revealed the Kingdom’s ambition to create a comprehensive hub for…
Global tourism is set to fully recover from the pandemic in 2024 as international tourist arrivals will likely be 2% more numerous than in 2019, the United…
Weeks of attacks by the Iranian-backed Houthi militias on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia…