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 Group of 20 (G20) nations has agreed to work on reforms to the World Trade Organization (WTO) ahead of its critical ministerial meeting in February next…
In its most recent report, the Arab Gulf States Institute in Washington reveals that Saudi Arabia's diversification efforts are bearing fruit, while also…
Saudi Arabia’s trade balance achieved a surplus of about SAR 38 billion (about $10 billion) during June of 2023, according to a report of the General…
Türkiye’s central bank raised its key interest rate by an aggressive 7.5 percentage points on Thursday, a larger-than-expected boost that offers a new sign…
Saudi Minister of Commerce Dr. Majid Al-Qasabi on Thursday unveiled several positive outcomes that the Kingdom has achieved as a result of economic reforms,…
The Saudi Ministry of Energy announced that it has issued the first license in the Kingdom for selling liquefied petroleum gas (LPG-cooking gas) cylinders…
The New Development Bank created by BRICS countries in 2015 can help finance African countries' projects to tackle their most urgent challenges, the bank's…
The Saudi Ministry of Industry and Mineral Resources discussed enhancing cooperation to develop human capacities in industry and mining with a number of German…
The Saudi Ports Authority (Mawani) has reached a partnership deal with Port of Rotterdam to collaborate in the areas of smart ports, human capital development,…
Lebanon on Thursday granted a license to conduct seismic studies on its offshore Block 8 to the companies Bright Skies and GeoX, caretaker energy minister…
NEOM has appointed JLS Yachts, a leading Middle East-based yacht agency and concierge service provider, as a 'key partner superyacht agency' for Sindalah, NEOM…
Saudi low-cost airline flynas announced joining the United Nations Global Compact, becoming the first airline in the Kingdom and the first low-cost airline in…
The general Digital Experience Maturity Index has achieved a rate of 80.68%, compared to 77.26% in the previous cycle. This increase is the result of the…
Saudi Arabia has signed separate civil aviation deals with Pakistan and Bangladesh as part of the Saudi aviation sector strategy aimed at building…
Economic analysts attributed the decline in net profits of real estate funds (REITs) in Saudi Arabia during the first half of 2023 by about 58 percent, to the…
South Africa and China on Wednesday signed deals covering emissions technology, electricity transmission and distribution, and nuclear power on the sidelines…
Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale of Goods (CISG), becoming the 96th state party to…
The Saudi government has granted both the Minister of Finance and the Chairman of the Board of Directors of the Insurance Authority the power to set the…
Four years into its historic economic meltdown, Lebanon’s political elites, masters at survival, are pushing for a recovery that would sidestep tough reforms…
Oil prices ticked up in Asian trade on Wednesday, as markets weighed weak demand indicators from top importer China and the prospect of further US rate hikes…
A delegation from the Saudi Ministry of Industry and Mineral Resources has recently held talks with senior officials from the German Ministry of Economy in…
Iraq's oil minister and his Turkish counterpart discussed joint relations in the oil and energy sector at a meeting in Ankara, a statement from the Iraqi oil…
Saudi Arabia is mobilizing a group of business owners for an upcoming visit to India, accompanied by a high-level government delegation, to participate in the…
Following the successful application of the real estate registry in the Al-Falah neighborhood in the Riyadh region (central Saudi Arabia), and its contribution…