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…
Gas production curtailment in Israel due the ongoing conflict is likely to tighten global balances, but the impact on European gas prices is marginal for now,…
The General Secretariat of the Organization of the Petroleum Exporting Countries (OPEC) unveiled the Global Oil Vision 2045 in Riyadh on Monday. OPEC…
Arab climate officials have emphasized that the Arab region faces numerous challenges, including climate change, desertification, water scarcity, land and…
Riyadh is preparing to host the 42nd FIABCI Global Leadership Summit in December to discuss the latest developments in the domestic and international real…
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, is further advancing the development of emissions reduction solutions…
The United Arab Emirates government has approved a federal budget for 2024-2026 worth 192 billion dirhams ($52.3 billion), the prime minister and Dubai ruler…
Egypt's government, fighting record inflation, has agreed with private producers and retailers to cut prices on staple foods by 15-25% as of Saturday and…
The Clean Development Mechanism Designated National Authority (CDMDNA) announced on Monday the launch of Saudi Arabia's domestic market mechanism, Greenhouse…
The Middle East and North Africa (MENA) Climate Week which kicked off in Riyadh on Sunday witnessed international consensus on unifying efforts to confront…
Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz and Raj Kumar Singh, India’s minister of electricity, new and renewable energy, signed an MoU…
The Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in the open market, in the central bank's first ever sale of foreign…
The Israeli shekel fell to an almost eight-year low against the US dollar on Monday as conflict in the Middle East escalates. Fighters from Hamas killed…
Tunisia reached a preliminary deal with the International Monetary Fund a year ago on a $1.9 billion loan program, but 12 months later it has yet to receive…
Tech companies operating in Israel are expected to fortify security as they could face disruptions, said investors and analysts, after Hamas gunmen from Gaza…
Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to "collective and individual voluntary adjustments" to oil…
Saudi Arabia's Public Investment Fund (PIF) said on Sunday that it has partnered with the Saudi Electricity Company (SEC) to launch an electric vehicle…
Israeli stock and bond prices slid and many businesses were closed on Sunday, a day after Hamas gunmen from Gaza killed hundreds of Israelis and abducted an…
The second-ever Middle East and North Africa (MENA) Climate Week kicked off Sunday in Riyadh in cooperation with the United Nations Framework Convention on…
GFH Partners completed the acquisition of a diversified logistics and industrial portfolio worth $150 million in Saudi Arabia and the UAE. The portfolio…
The International Monetary Fund and the World Bank have revised upward their economic growth forecasts for Türkiye despite the earthquake that hit the country…
The Oman Investment Authority announced on Saturday an investment in the American company “Electric Hydrogen”, which specializes in producing green hydrogen. …
Saudi Arabia’s hospitality sector is experiencing significant growth and development to meet the increasing demand. The expansion follows progress witnessed in…
President of the Federation of Saudi Chambers (FSC) Hassan bin Mujib Al-Huwaizi said the private sector looks forward to boosting trade between the Kingdom of…
Saudi Arabia’s Tabuk region's agricultural sector is making steady progress towards achieving the goals of Vision 2030. The Ministry of Environment,…