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…
Saudi Minister of Finance Mohammed bin Abdullah Al-Jadaan participated in the Berlin Global Dialogue 2023 hosted by the European School of Management and…
CEO of the Saudi Fund for Development (SFD) Sultan bin Abdulrahman Al-Marshad signed on Friday two development loan agreements with Seychelles Minister of…
Oil prices rose on Friday and were headed for a gain of about 3% for the week, driven by tight US supply and expectations of strong fuel demand in China during…
The International Monetary Fund (IMF) has affirmed that the Saudi economy is undergoing a transformation, as reforms are being implemented to reduce dependence…
Pre-pandemic tourism has transformed into something distinct in the post-global health crisis era, according to Saudi Investment Minister Eng. Khalid Al-Falih…
Mobily has signed a Memorandum of Understanding (MoU) with Huawei to collaborate on cloud services and enhance its digital and Internet of Things (IoT) B2B…
The unemployment rate among Saudis, during Q2 of 2023, decreased to 8.3%, marking a notable decline from the 9.7% recorded in the corresponding period in 2022…
Saudi Arabia aims to become a global player in manufacturing electric vehicles (EVs) and related products, including electric batteries, said Minister of…
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in…
The Saudi Exports Development Authority has organized a commercial mission under the identity "Made in Saudi" to Iraq, which held a meeting in Basra on…
The Federation of Saudi Chambers and the Singapore Business Federation have announced the launch of the Saudi-Singaporean Business Council during the Saudi…
The Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed an agreement with Eva Pharma, one of the fastest-growing pharmaceutical…
Estimates of the Labor Force Survey issued in the Labor Market Statistics report by the General Authority for Statistics (GASTAT) showed a 4.9% decrease in the…
An international survey, commissioned by the Saudi Tourism Authority, has unveiled that nearly two-thirds of individuals worldwide prioritize traveling to…
As the world emerges from the shadows of the coronavirus pandemic, Saudi Arabia unveiled its true potential as a global tourist destination. The Kingdom…
Lucid Group, which is partially owned by the Public Investment Fund, launched Wednesday its first international factory in Jeddah-based King Abdullah Economic…
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, and Jiangsu Eastern Shenghong Co., Ltd. (“Eastern Shenghong”) signed on…
Riyadh kicked off on Wednesday the proceedings of World Tourism Day 2023, reported the Saudi Press Agency. Held under the theme "Tourism and Green…
The Diriyah Company has highlighted several hotel, hospitality, and tourism projects during its participation in the Future Hospitality Summit (FHS) 2023,…
Leaders from across the global tourism sector flocked to Riyadh for the most significant event in the tourism sector in 43 years, World Tourism Day (WTD). …
Jeddah Islamic Port has set a new record for the biggest volume ever processed across its facilities over 30 days, handling 495,000 TEUs during July. The…
Morocco has voiced ambitious plans to become North Africa's top player in the emerging "green hydrogen" sector, with plans to export the clean-burning fuel to…
On a summer evening, Iraqis smoke shisha and go bowling at a sprawling riverside complex in Baghdad, one of the many new investments reviving the capital after…
Italy's Eni was the big winner in an Egyptian auction for oil and gas exploration rights on Tuesday, securing concessions for two of the four blocks outright,…