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 Arabia will be at the forefront of renewable energy, hydrogen, and water advancements as it gears to host the Saudi Energy Convention in May 2024. …
Egypt's Petroleum Ministry launched an international bidding round for exploration in 23 open blocks, with the offer deadline set for Feb. 25, marking a…
Saudi Arabia is closely cooperating with the International Atomic Energy Agency (IAEA) and is actively working to develop peaceful uses of nuclear energy in…
Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, concluded his official visit to China, which lasted for eight days, during…
Saudi Minister of Energy and Chairman of the Board of Directors of King Abdullah City for Atomic and Renewable Energy (KACARE) Prince Abdulaziz bin Salman bin…
Saudi Minister of Commerce Dr. Majid Al-Qasabi headed the Kingdom’s delegation consisting of 36 public and private sectors representatives to Singapore where…
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of Soudah Development, launched on Monday the masterplan to…
The Saudi private sector is preparing to participate in the GCC-Türkiye Economic Forum held in Istanbul between November 11 and 13. According to released…
Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla has revealed that his country is intensifying efforts to increase reliance on local…
More than 500 government officials, industry leaders, and experts from 120 countries are set to attend the World Tourism Day (WTD), which will be held in…
Saudi Arabia's Capital Markets Authority (CMA) is working on its strategic plan for 2024-2026, announced Chairman Mohammed el-Kuwaiz. By the end of…
Oman’s Ministry of Energy and Minerals (MEM) has signed two memoranda of understanding with two companies – one from the US and the other from Oman – to assess…
United Arab Emirates-based conglomerate Alpha Dhabi said on Monday it plans to acquire a majority stake in the United Arab Emirates-based water and wastewater…
State oil giant Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) said on Monday they secured the financing for a $2.2…
South Korea's LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV)…
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further…
Saudi Arabia stressed the importance of collective cooperation with OPEC+ for the stability of global oil markets, the Kingdom's Foreign Minister said on…
Oman's Duqm Refinery successfully exported its first shipment of high-quality diesel as per international specifications. This coincides with the company…
Five member states of the Digital Cooperation Organization (DCO) including Saudi Arabia, Bahrain, Cyprus, Pakistan, and Rwanda have launched the “United…
Omani Minister of Heritage and Tourism Salem bin Mohammed Al-Mahrouqi received President of the Arab Tourism Organization (ATO) Bandar bin Fahd Al-Fahid and…
The European Union has no intention to decouple from China but needs to protect itself when its openness is abused, the bloc's Executive Vice President Valdis…
Oman's gross domestic product (GDP) shrank by 9.5% in the second quarter to around 10.1 billion Omani rials ($26.24 billion) by current prices, the state news…
Saudi Arabia, represented by the General Court of Audit, was elected president of the Asian Organization of Supreme Audit Institutions (ASOSAI) for the period…
The Kingdom of Saudi Arabia has achieved remarkable successes that have immeasurably contributed to improving major economic indicators and upgrading the…