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 and Russia said on Tuesday they would extend voluntary oil cuts until the end of the year. The Saudi production cut of one million barrels per…
During the first week of its launch, the Real Estate Exchange, which is affiliated with the Saudi Ministry of Justice, witnessed the trading of about 61…
The Union of Arab Banks (UAB) conference announced on Monday the establishment of a regional office in Saudi Arabia. Saudi Central Bank (SAMA) Governor…
Saudi Arabia’s Minister of Transport and Logistics Services Eng. Saleh bin Nasser Al-Jasser said the Sustainable Maritime Industry Conference brings together…
Saudi Arabia and Italy signed 21 agreements and memorandums of understanding during an investment forum held in Milan, in a step aimed at developing trade and…
ROSHN, the leading national real estate developer in Saudi Arabia, has secured the top spot on the list of Top 50 Gulf Cooperation Council (GCC) Developers…
The Royal Commission for AlUla (RCU) and Red Sea Global (RSG) signed a memorandum of cooperation (MoC) to facilitate the exchange of experiences and best…
Oman's OQ Gas Networks (OQGN), the pipelines business of state oil giant OQ, said on Monday it plans to float up to 49% of its shares, in what is expected to…
Türkiye’s annual inflation rate surged to a higher-than-expected 58.94% in August, official data showed on Monday, rising for a second month after a steep fall…
The Saudi Ministry of Industry and Mineral Resources announced the third edition of the Future Minerals Forum (FMF) at the King Abdulaziz International…
The proposed site in the Saudi capital for hosting the Riyadh Expo 2030 has been divided into four zones based on the exhibition’s three sub-themes, sources…
Saudi Arabia’s Public Investment Fund (PIF) has announced the signing of a share purchase agreement worth around $3.3 billion to acquire a 100% shareholding in…
Eni Energy Company President Claudio Descalzi said the Italian company and its partners intend to inject new investments into Egypt over the coming four years…
ACWA Power signed financing and guarantee agreements for Rawabi Water Desalination Company for the Rabigh-4 Independent Water Plant in Yanbu. Under the…
Egypt's net foreign assets deficit narrowed by $808 million in July to a negative $26.2 billion, its first decline since March, revealed the central bank. …
Indonesia is introducing a golden visa scheme to attract foreign individual and corporate investors in an attempt to boost its national economy, a statement…
Saudi Minister of Finance Mohammed Aljadaan has met with Singapore’s Deputy Prime Minister and Minister of Finance, Lawrence Wong. In the meeting held in…
The Saudi Basic Industries Corporation (SABIC) and China's Sinopec have announced the start of the commercial operation of their new polycarbonate plant,…
The Middle East and North Africa region has recently witnessed a remarkable boom in mergers and acquisitions (M&A) deals, as a total of 318 mergers and…
The Kingdom has recorded surpluses in its top three food products during the past year as a result of the intensive efforts undertaken by the government to…
Saudi Arabia’s trade balance, representing the difference between the nation’s merchandise exports and imports, reached SAR113 billion ($30.12 billion) in the…
Gold prices appeared set on Friday to wrap up their second straight weekly gain, helped by diminished chances of US interest rate hikes this year after a data…
Lucid Motors, partially owned by the Public Investment Fund (PIF), has reduced the prices of its electric vehicles (EVs) by 9-11 percent in Saudi Arabia,…
A Saudi researcher has achieved a global patent in the clean hydrogen production sector, contributing to a significant reduction in production costs. This…