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,…
The UAE capital Abu Dhabi posted third-quarter non-oil gross domestic product (GDP) growth of 7.7% in comparison to the same period in 2022, revealed the…
Hapag-Lloyd has decided to continue diverting its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper told…
Toymaker Basic Fun's team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the…
Saudi Arabian Mining Company (Ma’aden) said on Thursday it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine, indicating…
Over 110 Saudi government agencies benefitted from modern technologies and artificial intelligence, resulting in significant savings and revenue opportunities…
Saudi Arabia and Japan embarked on a journey to establish joint investments spanning multiple nations, aimed at optimizing supply chains within the mining…
The Tunisian-Saudi Investment and Partnership Forum kicked off Wednesday at the Tunisian Union of Industry, Commerce, and Crafts (UTICA) headquarters in Tunis…
Secretary General of the Gulf Cooperation Council Jasem Mohamed Albudaiwi has stated that the signing of a free trade agreement between the GCC and South Korea…
Qatar has agreed to supply Shell in Singapore with up to 18 million barrels of oil a year for five years in what the Gulf state's energy company said was its…
Oil prices were edging lower, with trading muted through the festive period. Brent crude was down 0.2% to $80.71 a barrel while WTI was down 0.3% to $75.31…
Gold prices climbed on Thursday to highest in more than 3 weeks as the US dollar and bond yields hit multi-month lows on mounting bets the Federal Reserve will…
Governor of the Saudi Central Bank (SAMA) and Chairman of the Islamic Financial Services Board (IFSB) Ayman Al-Sayari will chair the 43rd Council meeting of…
The Board of Directors of NEOM has announced Norlana, an ultra-modern active lifestyle community, as the latest addition to the evolving regional development…
Oil prices were rising Tuesday as transit disruptions continued following several attacks on ships in the Red Sea. West Texas Intermediate crude, the US…
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef stressed on Tuesday that the Kingdom aspires to be an effective economic partner…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef has unveiled the first-ever natural gas storage project in Al-Hawiyah, Unaizah. With a…
Dubai Electricity and Water Authority (DEWA) has awarded an AED 10.9 million contract for a project to lay a 562 meter Glass-Reinforced Epoxy (GRE) water…
Germany's Hapag-Lloyd will decide on Wednesday how it will proceed with its Red Sea routes after suspending shipments there in response to safety concerns, a…
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef and Japanese Minister of Economy, Trade, and Industry Saito Ken signed on Monday a…
Ukraine received $1.34 billion under the World Bank's public expenditures for administrative capacity endurance in Ukraine, the Ukrainian finance ministry said…
Saudi Ports Authority (Mawani) signed on Sunday four contracts to provide maritime services with private sector investments exceeding SR1 billion ($266 million…
The year 2023 may be one of the strangest years ever in financial markets with some recording sharp fluctuations and others achieving unexpected gains, all…
President of Saudi Arabia’s Oversight and Anti-Corruption Authority Mazin bin Ibrahim Al-Kahmous and South Korea’s Prosecutor General Lee One-seok signed in…
The Saudi-Uzbek Joint Committee is set to discuss 50 potential investment opportunities worth approximately $31 billion in Uzbekistan, Minister of Investment…