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 Saudi Minister of Environment, Water and Agriculture, Eng. Abdurrahman bin Abdul Mohsen Al-Fadhli, has signed a memorandum of understanding (MoU) with …
Kuwait Integrated Petroleum Industries Company (KIPIC) said in a statement on Sunday that the third and final units at the al-Zour refinery are now operational…
COP28 President Sultan Al-Jaber announced on Saturday that 50 major global oil companies have committed to reducing methane emissions, one of the most…
Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding (MoU) worth $1.1 billion to supply ships with green fuel, a Suez…
Several major countries said at the UN Climate Change Summit (COP28) in Dubai that they were moving to use carbon "capture" or "storage" technologies, which…
President Recep Tayyip Erdogan on Saturday urged Turks to steer clear of pyramid schemes as a scandal raged at a top bank that allegedly defrauded celebrities…
The US-Saudi Business Council will organize on Monday a conference to promote economic opportunities in the Kingdom in New Orleans in partnership with KN Legal…
Abu Dhabi Future Energy Company, known as Masdar, is planning to develop a 150-megawatt solar power project in Angola to provide renewable energy to 90,000…
The UAE said on Saturday it had concluded the terms of a trade deal with Colombia, which it called the first such bilateral agreement between the Gulf and…
The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a global plan to rein…
Saudi Arabia has been selected to host the 21st session of the General Conference of the United Nations Industrial Development Organization (UNIDO) in Riyadh…
Leaders of developing nations jumped into Saturday's second-day of a UN climate summit to press rich industrial countries to share their knowhow to fight…
A pledge to triple the world's installed renewable energy by 2030 is poised to win support from more than 110 countries at the COP28 climate summit on Saturday…
The World Bank on Friday said it will increase the amount it spends annually on climate-related projects to 45% of its financing over 2024 to 2025, up from 35%…
The Business and Philanthropy Climate Forum at COP28, focuses on implementing tangible solutions to global climate and nature challenges. This year’s COP…
Officially launched in the vibrant city of Dubai, United Arab Emirates, the Conference of the Parties to the United Nations Framework Convention on Climate…
Abu Dhabi's Aldar Properties has bought London-based developer London Square for an enterprise value of 1.07 billion dirhams ($291 million) in its first…
Saudi Arabia Railways (SAR) and Al-Jabr Automotive have collaborated to transport thousands of vehicles annually by train from King Abdulaziz Port in Dammam,…
Saudi Arabia will extend a cut in the amount of oil it sends to the world, an official source from the Ministry of Energy said Thursday. The source said…
After Riyadh’s triumph in securing the hosting rights for Expo 2030, attention has shifted towards the Saudi tourism sector, poised to benefit significantly…
The Organization for Economic Cooperation and Development (OECD) reduced its forecast for global GDP growth to 2.9 percent in 2023 while keeping next year's…
The two-day Jazan Investment Forum 2023, held in the Jazan region in southwest Saudi Arabia, witnessed the signing of agreements and memoranda of understanding…
Hong Kong-based CSOP Asset Management announced that, in cooperation with the Public Investment Fund (PIF), the Saudi CSOP Fund has been listed on the Hong…
Economic analysts anticipate that Riyadh’s successful bid to host the Expo 2030 world fair will catalyze a significant boost in Saudi Arabia’s economy,…