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,…
Chairman of the Steering Committee at the Ministry of Finance, Abdulaziz Al-Furaih, announced on Tuesday that Saudi Arabia was preparing to open the first…
India increased imports of Saudi oil in December as payment problems drove its Russian oil buys to an 11-month low, with at least five cargoes of the sweet…
Türkiye’s annual inflation rate climbed to 64.77% in December, official data showed on Wednesday, sustaining an upward trend that is expected to continue in…
The Saudi Power Procurement Company (SPPC) announced the launch for bids of four Independent Power Plant Projects with a total capacity of 7,200 MW. The…
Shipping giant Maersk said on Tuesday it would not resume passage through a key Red Sea strait "until further notice," after Yemeni houthis attacked one of its…
The Saudi Public Investment Fund (PIF) topped sovereign funds globally during 2023, with investments amounting to $31.6 billion, distributed over 49 deals,…
A system that operates under the National Transformation Program, one of the pillars of Saudi Vision 2030, has achieved record results at a fast pace during…
The UAE’s Comprehensive Economic Partnership Agreement (CEPA) is expected to increase the UAE’s exports by 33%. The CEPA program is projected to…
Saudi tourism achieved a new record of incoming visitors’ spending, which exceeded SAR 100 billion ($26.6 billion) during the first three quarters of 2023. …
US energy giant ExxonMobil Corp has formally exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as lead contractor,…
Saudi Engines Manufacturing Company (Makeen), a joint venture between Aramco, HD Hyundai Heavy Industries and Dussur, signed a Framework License Agreement with…
Egypt's deficit in net foreign assets narrowed by 5.26 billion Egyptian pounds ($170.5 million) in November to 834.0 billion pounds after commercial bank…
Hundreds of Kosovars rushed to Pristina airport to travel to EU countries on Monday after visas for Europe's open-borders Schengen zone were waived. …
Egypt's transport ministry raised the price of tickets on the Cairo metro by up to 20% on Monday, officials in metro stations said. Tickets for rides of…
Saudi Arabia is holding on to its decision that foreign companies will be required to base their regional headquarters in the Kingdom, which enters into effect…
Oman is forecasting a budget deficit of 640 million rials ($1.66 billion) this year, around 1.5% of the country's GDP, state TV reported on Monday, swinging…
A total of 45.8% of employees in the Kingdom work for more than 40 hours per week, and 39.6% of employees work for 40 hours per week on average, the General…
Saudi Export-Import Bank (EXIM) has signed two credit line agreements with two Turkish banks with a total value of $51 million as part of the Kingdom's efforts…
Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small boats, prompting the company to pause all sailing through the Red…
The UAE stock market saw the completion of 212 large and direct transactions on 39 listed companies for 4.046 billion shares, valued at $8.5 billion, according…
Saudi Arabia’s Deputy Minister of Industry and Mineral Resources for Human Capacity Development Eng. Faris Alsaqabi said that the Ministry of Industry would…
The rekindled enthusiasm for travel has propelled airline companies to a swift and unprecedented recovery from the grip of the coronavirus pandemic. As of…
Argentina formally announced Friday that it won't join the BRICS bloc of developing economies. In a letter addressed to the leaders of Brazil, Russia,…
China will ease visa restrictions for people visiting from the United States, the country's latest effort to attract foreign travelers since reopening its…