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…
Gold prices rose on Monday, supported by a retreat in the dollar as investors look forward to US inflation data that could sway the Federal Reserve to raise…
The Secretary-General of the Gulf Cooperation Council, Jasem Mohamed Albudaiwi, has highlighted the important role of the private sector in achieving economic…
Fitch revised Türkiye's outlook to Stable, saying it reflects the return to a more conventional and consistent policy mix that reduces near-term macro…
Riyadh International Exhibition and Conference Center, in partnership with the Saudi Conventions and Exhibitions General Authority (SCEGA), hosts on Sunday the…
Some Italian banks are considering entering the Saudi market in the near future, in conjunction with the expansion of economic relations between Riyadh and…
Minister of Economy and Planning Faisal bin Fadhil Alibrahim underlined that the Kingdom, under the leadership of the Custodian of the Two Holy Mosques, King…
Lumi, a Saudi car rental and leasing company, has announced the conclusion of the institutional book-building process and the determination of the final offer…
The FAO All Rice Price Index rose by 9.8 percent in August from July to reach a 15-year nominal high, reflecting trade disruptions in the aftermath of a ban on…
A plane from Israel’s Arkia Airlines landed at Morocco’s Essaouira-Mogador International Airport on Thursday, inaugurating a new route between Essaouira and…
China's consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease…
The Saudi Fund for Development (SFD) signed in Oman on Thursday a development finance agreement with the Oman Development Bank worth $53.33 million. This…
Eng Abdulaziz Al Shidhani, the General Manager of Hydrogen Oman, said that the company aims to invest in roughly 30 percent of the lands allocated by Oman for…
The surge of the non-oil economy in Saudi Arabia at a rate of 6.1 percent, during the second quarter of 2023, led the Kingdom to raise its estimates of GDP…
Apple fell nearly 4% on Thursday and sparked a selloff in tech stocks after reports that China has widened curbs on iPhone use by government staff in one of…
The total value of real estate and infrastructure projects launched since the announcement of Saudi Arabia’s National Transformation Plan in 2016 has reached …
The International Monetary Fund (IMF) issued a report stating that the Saudi economy has been witnessing growth and prosperity and that the Kingdom's fiscal…
An economic gathering held in Salalah, in the Sultanate of Oman on Wednesday, discussed key challenges and opportunities in economic integration between the…
Saudi Arabia's economy grew 1.2% in the second quarter, year-on-year, government data showed on Thursday. Oil sector activities declined by 4.3% in the…
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and Russian President Vladimir Putin have stressed continued efforts to stabilize global energy…
Finance Specialist at the Social Development Bank, Roaa Al-Issawi, said that the value of the franchise market in Saudi Arabia has reached one billion dollars,…
Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the National Bank of…
Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had reached a final investment decision to develop the Habshan carbon capture project. The carbon…
stc Group has announced that it had acquired a 9.9% stake in Telefonica, one of the largest telecommunications companies in the world with a significant…
The Kingdom of Saudi Arabia has signed the draft UN Convention on the International Effects of Judicial Sales of Ships, also known as the Beijing Convention on…