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…
NEOM and DSV announced on Tuesday a $10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM,…
President of the World Bank Ajay Banga stressed on Tuesday that Saudi Arabia has sought to empower women in the labor market, urging other countries to follow…
Saudi Aramco, a global integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to…
The Saudi government and the European Union have agreed to speed up efforts for the establishment of a European chamber of commerce in the Kingdom, to be the…
Prince Mohammed bin Salman, Crown Prince and Prime Minister, attended on Tuesday a keynote delivered by South Korea’s President Yoon Suk Yeol at the seventh…
The Future Investment Initiative conference kicked off in Riyadh on Tuesday with global and local investors stressing the importance of exploiting the…
Red Sea Global (RSG) announced on Tuesday the successful completion of an investment deal with Kingdom Holding Company (KHC). The SAR2 billion joint venture…
The seventh Future Investment Initiative (FII7) forum kicked off in Riyadh on Tuesday under the theme "The New Compass". Held at the King Abdulaziz…
The war between Israel and Hamas could deal a "serious" blow to global economic development, the president of the World Bank told an investor conference in…
The value of real estate transactions in Saudi Arabia has declined by 32% in a week due to the contraction in the housing sector, which has been significantly…
The Saudi-European Investment Forum concluded on Monday with the participation of more than 1,000 representatives of governmental and private sectors, SPA said…
Qatar Airways Group chief executive Akbar Al Baker is stepping down after 27 years leading the company. Al Baker's retirement will go into effect Nov. 5,…
With the launch of the Saudi-European Investment Forum in Riyadh on Monday, EU Ambassador to Saudi Arabia, Bahrain and the Sultanate of Oman Christophe Farnaud…
Amid talk of global carbon dioxide emissions rising by about 1 percent this year, which will make climate-warming gases reach a new record level, calls are…
Saudi Minister of Environment, Water, and Agriculture, Eng. Abdulrahman Al-Fadhli stressed that the future of sustainable food security in the Kingdom largely…
Egypt's Banque Misr is preparing a file to exit its investments in some companies as part of a government program to reduce state ownership in the local…
China seeks to strengthen its position in energy and infrastructure projects in the Gulf countries. Kuwait has therefore, expressed readiness to discuss…
South Korea’s state-run Korea National Oil Corp (KNOC) said on Monday that it has signed an oil storage agreement with Saudi Arabia’s oil giant Aramco to…
Saudi Arabia aims to become one of the most important countries in the world in contributing to supply chains, announced Transport Minister Saleh al-Jasser. …
Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain the conflict between Israel and the Palestinian group Hamas,…
The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) announced the signing of a joint venture agreement to establish a highly automated vehicle…
Saudi Arabia, in consultation with the International Monetary Fund (IMF), worked on a new methodology for calculating foreign direct investment statistics,…
A regional forum in Dubai is expected to discuss the challenges facing the workplace amid disruptions that have changed the concept of workplaces. …
Global rating agency S&P on Friday downgraded Egypt's long-term sovereign credit rating by one notch to "B-”, citing the country's mounting funding pressures. …