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…
Saudi Arabia’s merchandise trade surplus surged nearly 329 percent year on year in May, driven by robust export growth, particularly in oil shipments,…
Egypt will restructure a military-linked body focused on agricultural and industrial development and commodities imports into an overarching economic authority…
An impending “super” El Nino is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass migration from hard…
Turkish exports to Syria reached $1.28 billion in the first half of 2026, up 26.4% compared to the same period last year, according to figures released by the…
Gold rose on Monday as a pause in Middle East hostilities sent oil prices sharply lower and eased some inflation concerns, while investors waited for the US…
Saudia Cargo on Saturday launched a new scheduled route linking Riyadh and Melbourne, Australia, as part of the expansion of its international network to boost…
The Ministry of Industry and Mineral Resources processed 1,274 applications for industrial customs exemptions in June 2026 as part of its efforts to support…
As oil prices fluctuate due to ongoing regional instability since February, Egypt has managed to achieve a nearly 20 percent increase in crude oil production,…
Oil prices tumbled 4% on Monday after the US and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that…
Brazilian President Luiz Inacio Lula da Silva called new US tariffs unfair and a strategic mistake in a Sunday opinion column for The Washington Post, warning…
Shein swung to a $99 million net loss in the first quarter of this year, the draft Hong Kong listing prospectus of the online fast-fashion retailer showed, as…
Saudi Arabia’s economy is changing rapidly. Its stock market is not. Despite years of sweeping reforms, strong non-oil growth and heavy investment under…
Japan’s Prime Minister Sanae Takaichi on Saturday reiterated that enough crude oil supplies have been secured in the country for the time being. In response…
India said on Saturday it would continue engaging with the United States to conclude a bilateral trade agreement, after Washington imposed a 10% tariff on…
Kuwait Petroleum Corporation (KPC) has signed a $16 billion deal to lease and lease back its crude oil pipeline network with a consortium comprising global…
Saudi Arabia’s banking sector maintained its strong performance in recent years, posting another set of record results as the 10 banks listed on the Saudi…
The price of physical crude oil cargoes in the Middle East, Europe and Africa jumped this week to two-month highs with some nearing $110 a barrel, as supply…
China banned exports of products with the potential for dual civilian and military uses to 14 EU companies on Friday, citing national security concerns. …
British retail sales volumes unexpectedly rose by 1.0% in monthly terms in June, according to official figures published on Friday. Economists polled by…
European Union foreign policy chief Kaja Kallas questioned Washington's rationale for imposing new tariffs on European goods, saying on Friday that allegations…
Gold extended losses on Friday after falling 2% in the previous session, as Brent crude's move back above $100 a barrel stoked inflation concerns and…
The dollar was underpinned by higher US Treasury yields on Friday and hovered near a 40-year peak against the yen, as a spike in oil prices and a renewed…
A new wave of US tariffs targeting 60 trading partners took effect Friday, replacing an expiring global duty rolled out by President Donald Trump earlier this…
Saudi-US relations have entered a new phase of strategic cooperation with the signing of a peaceful nuclear energy agreement, known as a 123 Agreement, and a…