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 tourism sector in Saudi Arabia looks forward to reaping the benefits of the newly established legislative framework for the sector. Princess Haifa…
The Saudi General Authority for Military Industries (GAMI) announced on Monday ten investment opportunities with joint military and civilian uses as a first…
Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, and Chairman of the Public Investment Fund (PIF), announced on Monday the launch of …
The seventh edition of the Future Investment Initiative (FII), slated to take place in Riyadh from October 24 to 26, will brig together an exceptional…
Saudi Justice Minister Walid Al-Samaani highlighted the Kingdom’s legislative development at the Saudi Law Conference that is being held in Riyadh from October…
Gold prices fell on Monday due to technical selling after a strong rally in the previous session, although concerns over potential escalation of conflict in…
With a growth of 3.2% in H1 2023, compared to the same period last year, Dubai's economy's total value has reached AED 223.8 billion ($61 billion). The…
Morocco and the African Export-Import Bank (Afreximbank) signed Saturday in Marrakech a billion-dollar Memorandum of Understanding to consolidate and promote…
Iraq has launched three energy contracts with UAE-based Crescent Petroleum to develop three oil and gas fields in Iraq, the oil ministry said on Sunday. …
The Saudi real estate market recorded deals worth more than 214 billion riyals ($57 billion) during the first nine months of this year, according to real…
The Egyptian government is seeking to obtain new financial support to maintain social protection and improve the standard of living, especially for the most…
![[From left to right] Deputy Director of the IMF Gita Gopinath, IMF Director Kristalina Georgieva, and Acting Spanish Minister of Economy, Nadia Calvino, in a session at the Fund’s meetings in Marrakesh, October 14, 2023. (AP)](https://static.srpcdigital.com/styles/414x217/public/2023-10/375254.jpeg.webp)
Two positive points can be taken from the annual meetings of the International Monetary Fund and World Bank in Marrakesh: The first is the success in raising…
The Secretary-General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi, emphasized that despite economic disruptions, policymakers in GCC…
The United Arab Emirates and South Korea have concluded talks towards a bilateral trade deal, known as a Comprehensive Economic Partnership Agreement (CEPA),…
The World Bank is not currently considering suspending its projects in Gaza, and it is monitoring the development of the situation, which it hopes will end…
The World Bank expects a sharp decline in the growth of the economies of the countries of the Middle East and North Africa region this year, reaching 1.9…
No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told…
Amid major global changes, the International Monetary Fund (IMF), in its latest reports, reduced growth expectations for the current year in a number of…
International Monetary Fund managing director Kristalina Georgieva said on Thursday the Israel-Hamas conflict threatened to darken an already murky global…
The Middle East and North Africa Climate Week 2023 concluded on Thursday in Riyadh, with successful discussions and ideas that pave the way for solutions for…
The Regional Director of the United Nations Development Program, Dr. Abdullah Al-Dardari, said that the potential possessed by the Arab region qualifies it to…
Saudi Energy Minister Prince Abdulaziz bin Salman has said it was necessary to be "proactive" on the oil market and attempt to bring stability to it, while…
Madrid has unveiled efforts to raise the level of trade and economic exchange with Riyadh, by developing a new action plan with the Saudi-Spanish Business…
Real GDP growth is projected to slow in the Middle East and North Africa to 2% in 2023, from 5.6% last year, according to the IMF's Regional Economic Outlook. …