Severe wildfire seasons are increasingly hurting western Canada's lucrative tourism industry, with some visitors beginning to avoid the busy late-summer months…
Telecommunications companies listed on the Saudi Stock Exchange (Tadawul) achieved a 12.46 percent growth in their net profits, which reached SAR 4.07 billion …
flynas, Saudi Arabia’s leading low-cost carrier, has signed a Memorandum of Understanding (MoU) with Airbus for 75 A320neo family aircraft and 15 A330-900…
As Saudi companies start reporting their Q2 financial results, experts are optimistic about the transport and logistics sector. They expect a 10% annual growth…
A Taiwanese diplomat has emphasized the strategic relations between Saudi Arabia and Taiwan as the latter aims to expand bilateral cooperation in new value…
The International Monetary Fund said on Friday it continues to believe that the Federal Reserve could start cutting interest rates later this year and should…
US producer prices increased slightly more than expected in June amid a rise in the cost of services, but that did not change expectations that the Federal…
China's exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected from a growing…
Saudi Arabia's General Authority of Civil Aviation (GACA) released air-traffic statistics showing significant growth in the number of passengers and flights in…
Saudi Arabia's Ministry of Economy and Planning (MEP) and Ministry of Energy (MoEnergy), in collaboration with UpLink, have launched the Carbon Capture and…
Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world's biggest oil consumer, with Brent crude peaking above …
OPEC and the International Energy Agency (IEA) again forecasted different short and medium-term global oil demand growth, reports issued by both organizations…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz met Wednesday in Riyadh with State Secretary and Special Envoy for International Climate…
Saudi Arabia has forged strategic partnerships with major international companies to exceed the production capacity of 600,000 electric cars annually,…
External financial bonds, including Eurobonds, constitute an important aspect of Saudi investments, experts told Asharq Al-Awsat. This came after the Ministry…
The Diriyah Company, which is affiliated with the Saudi Public Investment Fund (PIF), announced on Wednesday the signing of the largest construction contracts…
OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air…
Egypt's annual urban inflation rate slowed for a fourth consecutive month in June, to 27.5% from 28.1% in May, data from the country's statistics agency…
Saudi Aramco netted $12.35 billion from a secondary share sale, the deal's stabilizing manager said on Wednesday. An additional 154.5 million shares were…
Gold prices held steady on Thursday, with investors awaiting US inflation data due later in the day for more insights on the Federal Reserve's interest rate…
China announced an investigation Wednesday into whether the European Union has adopted unfair trade practices in its probes of Chinese companies bidding on…
Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi said on Wednesday the GCC and United Kingdom are in agreement over the importance of…
Riyadh Air has partnered with US carrier Delta Air Lines with the goal of operating flights between Saudi Arabia and the United States, the airlines said on…
Saudi Aramco has said it intends to issue US dollar-denominated international bonds under its Global Medium Term Note Program. Aramco hired banks to sell…
Egypt approved five agreements for gas and crude oil exploration projects for a number of international and national companies, with expected investments of…
Oil prices slipped on Tuesday after a hurricane that hit a key US oil-producing hub in Texas caused less damage than markets had expected, easing concerns over…
Riyadh Municipality has introduced a new model for inspection and oversight aimed at promoting compliance culture and raising awareness of regulatory laws…
Kazakhstan will compensate for oil output exceeding its OPEC+ quota in the first half of this year by September 2025, its energy ministry said on Monday,…