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 Public Interest Oversight Board (PIOB) announced the selection of Sami bin Mohammad Al-Shorafa, the General Director of the General Department of Financial…
Saudi Arabia’s Public Investment Fund announced that it has entered into a share purchase agreement to acquire a 10% stake in London Heathrow Airport as part…
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and…
Morocco will offer subsidies to import up to 2.5 million metric tons of soft wheat between Jan. 1 and April 30, 2024, state grains agency ONICL said, as the…
Gold prices touched nearly a seven-month high on Wednesday, propelled by a decline in the US dollar and bond yields as investors grew confident that the…
Saudi Arabia’s Public Investment Fund (PIF) and Korea Trade Insurance Corporation (K-SURE) signed on Nov. 28 a financing agreement through which PIF has…
Saudi Arabia to Host World Expo in 2030, Crown Prince Hails Win as Culmination of Saudi Vision Goals
Saudi Arabia secured a decisive victory in the bid to host the Expo 2030 World Fair, as announced by the Bureau International des Expositions (BIE) in Paris on…
The Organization of the Petroleum Exporting Countries (OPEC) refuted the latest report of the International Energy Agency (IEA), which sparked controversy in…
The Saudi Exchange (Tadawul) launched on Monday single stock options (SSOs) contracts, the newest offering in its derivatives market. The new offerings…
The general assembly of the Bureau International des Expositions (BIE) will convene in Paris on Tuesday to vote on the selection of the winning city to host…
The profits of real estate sector companies in Saudi Arabia jumped by 153 percent during the first nine months of 2023, compared to the same period last year,…
The Saudi company ACWA Power announced on Sunday the start of commercial operation of the Hassyan Power Complex, which has a capacity of 2,400 megawatts. In…
The General Assembly of the International Bureau of Exhibitions (BIE) is preparing to choose the country which will host Expo 2030, as the representatives of…
The Northern Borders Investment Forum 2023 reviewed the promising investment opportunities within the Northern Borders Region. The Forum highlighted…
The total volume of investment in oil and gas exploration, production, and development during the first half of 2023 reached $5.84 billion, announced Director…
Türkiye and Russia signed a new cooperation protocol that charts a road map for their economic relations in the coming years. The two countries aim…
flynas, the Saudi national air carrier, has joined the United Nations World Tourism Organization (UNWTO) as an affiliate member, becoming the first Saudi…
The General Authority for Small and Medium Enterprises (Monsha'at) has released its latest quarterly SME Monitor, which showed a 3.5% growth in the number of…
Crescent Petroleum, a United Arab Emirates-based company, has won the rights to two oil fields in Iraq's fifth oil and gas licensing round, according to a…
Chinese Foreign Minister Wang Yi warned his South Korean counterpart on Sunday not to politicize economic and tech issues as the two prepared to meet Japan's…
Egypt's Petroleum Minister Tarek El Molla inaugurated a factory specialized in preparing and analyzing samples extracted from mines at the Um Rus Mine area in…
Türkiye expects a substantial increase in international investments, notably in mergers and acquisitions, after the upcoming March 31 elections. Turkish…
S&P Global Ratings on Friday revised Bahrain’s outlook to “stable” from “positive”, citing spending pressures that could push the country’s fiscal deficit…
OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, four OPEC+ sources told Reuters, after disagreements over those…