Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
China's factory activity unexpectedly slid in July, official data showed Friday, as leaders in the world's second-largest economy struggle to reignite domestic…
US economic growth slowed in the second quarter amid a widening in the trade deficit, but robust consumer spending and business investment related to the…
Saudi Arabia's budget recorded revenues of 338.8 billion riyals ($90.3 billion) in the second quarter of 2026, up 12% from the same period last year, driven by…
The Saudi Ports Authority (Mawani) announced today the addition of the China Saudi Express (CSE) shipping service, operated by Hizone Group, to Jeddah Islamic…
The Gulf economies are well positioned to absorb the impact of the US Federal Reserve's decision to keep interest rates at elevated levels, supported by strong…
The eurozone economy grew more than expected in the second quarter of 2026, data published Thursday showed, proving its resilience despite the energy shock…
Gold prices slipped on Thursday, pressured by higher US Treasury yields, while markets assessed comments from Federal Reserve Chairman Kevin Warsh on tackling…
Oil prices gained Wednesday and Asian shares were mostly trading lower as South Korea’s Kospi extended its losses after falling more than 16% over the past two…
The International Monetary Fund (IMF) expects Saudi Arabia’s economy to expand by 5.5 percent in 2027, driven by a recovery in both the oil and non-oil sectors…
Saudi Arabia’s Dammam Metropolitan Area, comprising the city of Dammam, Al-Khobar and Al-Bayda governorates, and Dhahran Center, has joined the global Quality…
Toyota said on Wednesday it would halt operations at three plants in southern Japan through Friday as it weighed the impact of an earthquake on suppliers and…
Oil prices rose by about $3 a barrel on Wednesday after joint strikes in Iraq by the United States and Saudi Arabia, and the interception of Iran's ballistic…
Saudia Cargo, the Kingdom's national air cargo carrier, and Riyadh Cargo, the cargo arm of Riyadh Air, signed an interline agreement today to strengthen…
Saudi Energy, the Kingdom's primary power service provider, said it had secured a SAR15.8 billion ($4.1 billion) shariah-compliant Murabaha financing facility…
Jada Fund of Funds, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund, announced its strategic commitment to Growth Catalyst Fund I, a Saudi…
The Saudi Water Authority (SWA) announced on Tuesday the local manufacturing of energy recovery devices (ERDs), one of the strategic products in the…
Saudi Export-Import Bank (Saudi EXIM) has signed a reinsurance agreement with the African Trade and Investment Development Insurance (ATIDI) to strengthen…
Gold prices fell on Tuesday, pressured by a stronger dollar as markets awaited the Federal Reserve's upcoming policy decision for clues on the interest rate…
Oil prices edged lower on Tuesday, hovering around one-week lows amid hopes for a resolution in the US-Iran war, while subdued flow through the Strait of…
The first 18 months of US President Donald Trump's second term in the White House have seen a series of policy-driven economic shocks, highlighted by the…
Brookfield Corp on Monday announced the first close of Public Investment Fund (PIF)-anchored Brookfield Middle East Partners (BMEP), raising about $2 billion…
Just one year after facing financial challenges that forced a capital restructuring, the Rabigh Refining and Petrochemical Company (Petro Rabigh) has returned…
The Royal Commission for Riyadh City (RCRC) has announced the completion of the master plan for Northeast Riyadh, covering a total area of approximately 456…
French oil major TotalEnergies will appeal a Paris court decision ordering it to bring its business in line with climate change goals. The first-of-its…