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,…
Since the beginning of 2023, Saudi Arabia has achieved significant economic milestones and successfully hosted several international conferences and events. …
Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef has said the Kingdom’s industry system was seeking to achieve national goals by…
Boeing's first direct delivery of a 787 Dreamliner to China since 2019 landed in Shanghai on Friday, a step that could hasten the end of China's freeze on…
Some of the world's largest shipping firms, including Maersk and CMA CGM, will impose extra charges after they re-routed ships in response to attacks on…
The United Arab Emirates completed talks on Friday on a comprehensive economic partnership agreement with Mauritius, its first with an African country, state…
Exporters are scrambling to find alternative ways, whether by air, land or sea, to deliver key consumer goods to retailers, as a series of attacks in the Red…
A recent report has highlighted Saudi Arabia’s economic growth, with non-oil activities rising by 3.5% in Q3 of 2023. The positive performance is mainly due to…
The Central Bank of the UAE (CBUAE) has raised its forecast for the Gross Domestic Product (GDP) growth for the UAE in the coming year, 2024, to 5.7 percent,…
Al-Madinah Heritage Co., a subsidiary of the Public Investment Fund specializing in dates, has signed an agreement with the Saudi Authority for Industrial…
The ripple effects of the war in Gaza are likely to knock Lebanon’s fragile economy, which had begun making a tepid recovery after years of crisis, back into…
The Public Investment Fund (PIF) said on Thursday that it signed an agreement to invest in Saudia Technic, a subsidiary of Saudia Group. Formerly known…
Jordan's government expected the 2024 budget to achieve revenues worth $13.50 billion and current expenditures worth $15 billion, with about a $1 billion…
Saudi Energy Minister Prince Abdulaziz Bin Salman has revealed a new initiative led by the Kingdom aimed at providing sustainable energy to businesses at a…
Several Saudi ministers disclosed the future projects of their ministries benefiting from modern technologies aiming to reach advanced stages of providing…
The number of small and medium enterprises (SMEs) in the Kingdom increased by 3.5% quarter-on-quarter in the third quarter of 2023, reaching 1.27 million…
In its inaugural private sector partnership, the Sports Boulevard Foundation (SBF) signed an agreement with Ajdan real estate development company, and Albilad…
At least 66% of jobs have been lost in Gaza since the Israel-Hamas conflict erupted in October, the International Labor (ILO) said on Wednesday, warning that…
The Saudi Ministry of Tourism said the total number of tourists during the first half of 2023, reached 53.6 million, including 14.6 million inbound travelers…
The International Monetary Fund (IMF) said on Tuesday that it expects a decline in Iraq’s GDP in 2023 and 2024, as a result of lower oil production, due to the…
Saudi Arabia announced on Tuesday the launch of a unified visa platform called “Saudi Visa,” with the aim of facilitating visa application procedures, as part…
Gold prices edged up and held above the key $2,000 level on Wednesday, supported by prospects of interest rate cuts from the Federal Reserve next year, while…
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha held talks with United Nations Under-Secretary-General for Economic…
The Saudi Central Bank (SAMA) and the Capital Market Authority (CMA) launched a new financial technology program, Makken, which aims to empower entrepreneurs…
The Saudi government has agreed to new controls regulating customs procedures, with the aim of aligning with the provisions of the GCC Common Customs Law…