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,…
China will spur domestic demand and consolidate and enhance the economic recovery in 2024, the Politburo, a top decision-making body of the ruling Communist…
Gold was on track for its first weekly fall in four weeks after the dollar firmed, although prices held steady on Friday as markets looked ahead to key US jobs…
Yasir Al-Rumayyan, Governor of Saudi Arabia's Public Investment Fund (PIF) and Chairman of the Future Investment Initiative (FII) Institute, emphasized that…
The Saudi Minister of Finance asserted on Thursday that since its initiation in 2016, the national transformation plan of the Kingdom, known as Vision 2030,…
Saudi Minister of Commerce and Chairman of the Board of Directors of the National Competitiveness Center (NCC) Dr. Majid bin Abdullah Al-Qasabi has highlighted…
At the end of the first week of the COP28 conference held in Dubai, UN Climate Change Executive Secretary Simon Stiell, on Wednesday, called on the countries…
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and Russian President Vladimir Putin have commended the close cooperation between them and the…
Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand…
The Saudi government, in a meeting chaired by King Salman bin Abdulaziz on Wednesday, approved the Kingdom’s 2024 budget. While next year’s…
Saudi Arabia announced on Tuesday it would grant 30 years of tax relief to multinationals establishing regional headquarters. This comes less than a month…
Tension escalated in the Red Sea after ships were attacked while crossing the vital path that links Europe to the Arabian Gulf and Sea, all the way to…
In the heat of deliberations at COP 28 in Dubai regarding the critical energy future dossier, Saudi Energy Minister Prince Abdulaziz bin Salman categorically…
The Standard & Poor’s Global Purchasing Managers’ Index showed on Tuesday that the contraction of the non-oil private sector in Egypt slowed in November, but…
Saudi Arabia’s non-oil private sector continued its rapid growth during November, driven by the rise of new orders to the highest level in 5 months, according…
China's blue-chip stocks slumped to an almost five-year trough on Wednesday while the yuan currency extended losses, as markets grappled with Moody's cut to…
Gold prices edged higher on Wednesday as the dollar eased and weaker-than-expected US jobs data cemented expectations that the Federal Reserve's policy…
Saudi Arabia's Public Investment Fund (PIF) has bought a 49 percent stake in Sir Rocco Forte's luxury hotel group and plans to double the chain's size over…
Saudi Arabia has unveiled its efforts to launch renewable energy projects with a capacity of 20 gigawatts by 2024. This comes after the kingdom having…
Türkiye's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a…
Banks in the United Arab Emirates on Monday pledged to mobilize 1 trillion dirhams, or around $200 billion, in green finance, the chair of the country's…
UN Climate Conference (COP28) focused on climate-related health issues, while discussions behind closed doors addressed vital other problems, such as the…
Gold prices hit all-time highs above $2,100 per ounce on Monday as Federal Reserve Chair Jerome Powell's remarks elevated traders' confidence that the US…
The third edition of the Saudi Green Initiative Forum 2023 activities kicked off on Monday in Dubai, coinciding with the 28th Conference of the Parties to the…
Saudi Energy Minister Prince Abdulaziz bin Salman expected global demand for petrochemicals to grow rapidly, bolstering demand for hydrocarbons as raw…