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 Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef met with Chinese investors in Shanghai, where they discussed investment…
The war in Ukraine has reduced European economic growth and "considerably" pushed up inflation across the continent, the Swiss National Bank said in a study…
The Saudi Economic Cities and Special Zones Authority (ECZA) granted Lucid Motors, which specializes in electric cars, the operating license for its…
The international maritime assembly held in Dammam, Saudi Arabia, over the course of two days, shed light on the immense potential possessed by the maritime…
The increasing participation of women in Saudi Arabia’s workforce is expected to boost the country’s economy by $39 billion, or 3.5%, by 2032, if the current…
Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further US interest rate hikes could…
Saudi Authority for Industrial Cities and Technology Zones (MODON) has signed a SAR500 million investment agreement with the Vaccine Industrial Company …
Türkiye’s central bank raised its key interest rate by 5 percentage points Thursday, another large but expected hike that signals a continued push toward more…
Moroccan Minister of Energy Transition and Sustainable Development Leila Benali underlined the need to triple annual investment in renewable energies to…
Saudi oil and gas driller ADES Holding said it has set the final price for its initial public offering (IPO), implying a valuation of $4.06 billion for the…
Saudi Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim has announced that Saudi Vision 2030 was highly consistent with the UN Sustainable…
Egypt's Cabinet approved granting a golden license to the Egyptian Natural Gas Company (GASCO) regarding a project to increase the capacity of the Western…
The fourth edition of the Saudi Maritime Congress, the Kingdom’s largest and most important global maritime event, has successfully opened its doors at the…
Oil prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as US interest rate hike expectations…
The Organization for Economic Cooperation and Development (OECD) expected the global economy to slow next year, affected by interest rate increases and the…
Saudi Energy Minister Prince Abdulaziz Bin Salman signed a memorandum of understanding (MoU) with the President of the World Petroleum Council, Pedro Miras,…
The head of the Energy and Petroleum Regulatory Authority (EPRA) said Tuesday that Kenya extended to December 2024 an oil supply deal with three Gulf-based…
The US national debt exceeded $33 trillion for the first time on Monday, providing a stark reminder of the country’s shaky fiscal trajectory at a moment when…
The Saudi Central Bank (SAMA) has launched the first edition of the Cyber Anti-Fraud Program (CAFP). The program spans for a period of three-months and aims…
Saudi Arabia is taking part in the Global Entrepreneurship Congress (GEC), held in Melbourne, Australia, between September 19 and 22, under the umbrella of the…
Saudi Arabia launched The Garage, the region's largest business accelerator, in an event at the King Abdulaziz City for Science and Technology in Riyadh. …
Egypt's Petroleum Company (PETROBEL) announced that in the fiscal year 2022/2023, the Zohr field produced an annual amount of 2.4 billion cubic feet of…
Leaders from across the global tourism sector are set to unite in Riyadh for this year's UNWTO World Tourism Day (WTD), which will be celebrated on 27-28…
CEO and President of Saudi Aramco Amin Nasser urged proactive measures to avoid an escalating energy crisis and prevent a growing divide in energy transitions…