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…
Multiple local, regional, and international companies are in fierce competition to participate in the second edition of the “World Defense Show,” set to take…
The Secretary-General of the Gulf Cooperation Council, Jassem Mohamed Albudaiwi, said Wednesday that GCC countries seek to enhance their foreign trade and…
ROSHN Group, a Public Investment Fund (PIF) giga-project, launched on Tuesday a mixed-use development in north of Jeddah, which will accommodate over 130,000…
Saudi Arabia is preparing to implement a new executive regulation for dealing with important financial institutions, the failure of which may negatively affect…
Saudi Arabia’s current account balance achieved a surplus of $17.7 billion in the first quarter of 2023, according to the figures published in the monthly…
Saudi Arabia and Türkiye have voiced their desire to work to increase the volume of trade exchange and mutual investments. Saudi Minister of Industry…
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the US, the world's biggest fuel consumer, and as…
Saudi Arabia and Türkiye signed on Monday a memorandum of understanding for cooperation in the field of mining. The agreement was signed during a meeting…
A Saudi-American-Chinese alliance announced the launch of a green energy investment company under the name, Skytower, which will be specialized in transferring…
Saudi Aramco is the world’s largest manufacturer of Liquefied Petroleum Gas (LPG), found the Liquefied Petroleum Gas (LPG) Market New Research Insight Report…
King Abdullah Economic City (KAEC) has signed a strategic partnership agreement with Skytower to develop a Zero Carbon Industrial Park within the city. KAEC…
UAE’s PureHealth has signed an agreement to acquire Circle Health Group, the UK’s largest independent operators of hospitals, in a deal valued at AED4.41…
Asia's top refiner, Sinopec Corp, is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a…
Standard Chartered said on Monday it was selling its global aviation finance leasing business to Saudi Arabia-based AviLease for about $3.6 billion, as part of…
Russian President Vladimir Putin discussed bilateral ties including trade, energy and space cooperation with Indian Prime Minister Narendra Modi by phone, the…
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Saudi Pak Industrial and Agricultural Investment Company Limited (SAPICO)…
Sources within Saudi Arabia’s Public Investment Fund-owned real estate company, “ROSHN,” have revealed that its projects are experiencing substantial demand,…
Oil ticked higher on Monday after China took steps to bolster its flagging economy, though investors remained worried about the pace of growth as well as…
The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an…
Oil and gas driller ADES Holding, backed by Saudi Arabia's sovereign wealth fund, on Monday announced plans to proceed with an initial public offering (IPO) on…
Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Supreme Committee for Transport and Logistics, has launched the…
DP World signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container…
Saudi Arabia's TAWAL raised $1.42 billion in Islamic financing to fund the acquisition of the mobile telecommunications infrastructure unit of United Group in…
The Small and Medium Enterprises General Authority (Monshaat) is set to hold the Growth Week between August 27 and 31. The event is part of a series of…