World food prices edged lower in October as weaker import demand contributed to monthly declines in cereal, dairy and meat prices, but were still nearly 6%…
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…
The Future Investment Initiative (FII) called for taking advantage of Artificial Intelligence in facing challenges, and to benefit from the rapid…
Saudi Finance Minister Mohammed al-Jadaan has signed a Memorandum of Understanding (MoU) with Türkiye's Minister of Finance and Treasury Mehmet Simsek to…
Saudi Arabia is currently undergoing a comprehensive developmental phase, which has created numerous investment opportunities, said Nicolas Aguzin, the CEO of…
The CEO of the Diriyah Gate Development Authority (DGDA), Jerry Inzerillo, shared that the Future Investment Initiative (FII) forum in Saudi Arabia offered an…
The World Customs Organization (WCO) has re-elected to a second term Saudi Arabia’s Abdulaziz bin Mohammad Al-Ouhali as chairman of the data and statistics…
Gulf Cooperation Council Secretary General Jasem Mohamed Albudaiwi affirmed that all elements of cooperation are available to deepen the economic and trade…
The Public Investment Fund (PIF) and Pirelli Tyre S.P.A (Pirelli), a leading global tire manufacturer, announced on Thursday the signing of a joint venture (JV…
The Saudi Ministry of Investment has signed three memoranda of understanding (MoU) in the fields of biotechnology, medicine, financial services, education and…
Gold climbed back towards last week's five-month peak on Thursday, undeterred by a stronger US dollar and bond yields, as investors looked to the safe-haven…
Saudi Arabia is no longer focusing on gross domestic product numbers but instead on the development of the non-oil sector, announced Saudi Finance Minister…
Saudi Arabia has announced the completion of investment procedures by Chinese company ASPACE of 1 billion Saudi riyals ($266.576 million). This investment…
The Egyptian government on Tuesday approved the signing of a memorandum of understanding between the Egyptian Electricity Transmission Company and Belgian…
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has declared that Saudi Arabia's commitment to reform is what has…
Saudi Arabia will implement its January 2024 deadline requiring international firms to relocate their regional headquarters to Riyadh if they wish to secure…
Saudi Minister of Economy and Planning Faisal Al-Ibrahim has discussed with Finland’s Minister for Foreign Trade and Development Ville Tavio the enhancement of…
Gaza needs billions of dollars in international economic aid to compensate for years of restrictions that have stifled its economy and curbed its development,…
The seventh Future Investment Initiative (FII7) forum kicked off in Riyadh on Tuesday under the theme “The New Compass,” focusing on Artificial Intelligence on…
The raging war between Israel and Hamas is already battering the economies of nearby countries, the managing director of the International Monetary Fund told a…
Algerian Energy Minister Mohamed Arkab has called on Italian and European companies to increase investments in the energy sector in Algeria. …
Israeli Finance Minister Bezalel Smotrich said on Wednesday the 2023-2024 national budget was "no longer relevant" given the Gaza war and would be amended, and…
Saudi Energy Minister Prince Abdulaziz bin Salman has confirmed that the total value of global oil trading is worth $2 trillion. He underscored the importance…
Morocco has signed three financing agreements with the African Development Bank worth more than 2.9 billion dirham ($281.96 million), Morocco state news agency…
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has met with the President of the World Bank, Ajay Banga, on the sidelines…
Lebanon wants a consortium led by TotalEnergies to drill another well at offshore Block 9 quickly, after a first well did not find enough natural gas to be…