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 Arabia will host a special World Economic Forum (WEF) meeting in April, Economy Minister Faisal Alibrahim said on Thursday. The meeting, scheduled to…
Moody's Investor Services expected significant negative credit repercussions on all sovereign bodies in the Middle East if the military conflict in Gaza…
Saudi ministers at the 2024 World Economic Forum in Davos, Switzerland, highlighted the need for governments to take proactive steps such as implementing…
Saudi Aramco CEO Amin Nasser said global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the Houthis on ships…
The re-routing of a growing number of ships around Africa to avoid potential attacks in the Red Sea is altering refueling patterns and boosting demand for…
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and…
Aramco has allocated an additional $4 billion to its global venture capital arm, Aramco Ventures. It will more than double the capital allotted to Aramco…
The Saudi Ports Authority (Mawani), achieved a 12.07 percent annual increase in container handling for 2023, totaling 8,443,746 compared to 7,534,307 in 2022…
The Saudi government provides a wide range of services and support to enable entrepreneurs and owners of small and medium industrial enterprises to transform…
Iranian Ambassador to Saudi Arabia Alireza Enayati emphasized his country’s commitment to bolstering economic relations with the Kingdom, to revitalize trade…
The largest construction event in Saudi Arabia, Big 5 Construct Saudi, returns for its 12th edition to the Riyadh Front Exhibition and Conference Centre on…
The General Manager of Commercial Services at the Saline Water Conversion Corporation (SWCC), Eng. Mohammed Al-Ghamdi, announced the start of operations for…
An international report identified six trend themes that will influence the digital economy this year and act as pivotal factors shaping the evolution and…
President of the Federation of Saudi Chambers Hasan al-Huwaizi announced a comprehensive project to develop the Saudi-foreign business councils with several…
Saudi Arabia’s inflation slowed to 1.5 percent in December 2023, compared to 1.7 percent in the previous month, official data showed. This places…
Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef said the Kingdom's participation in the World Economic Forum 2024 annual meeting in Davos…
The Electric Vehicle Infrastructure Company (EVIQ) has announced the start of its first fast-charge station operations for electric vehicles in Riyadh city. …
Qatar Airways has announced the success of its inaugural journey to AlUla, west of Saudi Arabia. Saudi Crown Prince and Prime Minister Prince…
the Saudi Export-Import Bank (EXIM) has succeeded, during the past years, in providing credit solutions worth approximately SAR 9.3 billion ($2.5 billion) to…
General Court of Audit (GCA) President Dr. Hussam Al-Angari and Auditor General of the National Audit Office (CNAO) of the People’s Republic of China Hou Kai…
Saudi nationals’ participation in the workforce continues to increase, with Saudization in the operation and maintenance sector reaching 34 percent. Since…
The Capital Economics research institution expected inflation to decline in Saudi Arabia to reach 1% on an annual basis by mid-2024. The institution said in a…
The foreign assets held by the Central Bank of Oman contracted to 6.52 billion Omani riyal ($16.98 billion), marking a 4.27 percent decrease compared to year…
The Saudi Ministry of Environment, Water, and Agriculture (MEWA) revealed a plan to develop the waste sector in the Kingdom which includes a 95% recycling…