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…
Moody’s Investor Services has improved its outlook for Türkiye’s banking sector, lifting it from negative to stable. In parallel, it warned of challenges…
Egypt's commodities exchange on Wednesday invited companies to register to trade sugar on the bourse, which already offers yellow corn and wheat. Sugar will…
Saudi Arabia’s government has effectively managed to contain inflation, slowing it down to its lowest level in a year, recording 2.3% in July compared to 2.7%…
Riyadh will host the Cityscape Global exhibition from September 10 to 13. Held under the theme “The Future of Living”, the exhibition will be sponsored by…
The Saudi Exports Development Authority organized Tuesday a trade mission to the city of Erbil, Iraq, under the identity of “Made in Saudi Arabia.” The…
Ceer, the first electric vehicle (EV) brand in Saudi Arabia, has announced a partnership with Siemens Digital Industries Software. This collaboration entails…
UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have signed a $500 million deal to supply Egypt with wheat, a statement said on Monday…
Saudi Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail discussed with top executives of Chinese CITIC Group and CITIC Construction,…
Saudi Aramco extended several contracts worth close to $800 million with the Arabian Drilling Company (ADC) that were due to expire in 2023. The contracts…
More than 100 leading Thai brands in various sectors are scheduled to participate in the first Thai exhibition of its kind in the Kingdom to enhance trade…
A total of 965,000 employees earn an average salary of $2,600 or more in Saudi Arabia, according to the latest official Saudi data. The Saudi private sector…
The Russian rouble rose on Tuesday as investors bet the central bank would hike rates at an extraordinary policy meeting after the Russian currency tumbled…
The Sultanate of Oman registered a budget surplus of 656 million Omani rials ($1.7 billion) in the first six months of 2023, as a result of higher oil revenues…
The Saudi Ports Authority (Mawani) has added 20 new shipping services to Jeddah Islamic Port, King Abdulaziz Port in Dammam, and Jubail Commercial Port, during…
Real estate is one of the vital sectors that have a strategic impact on the Saudi economy. With its major transformation and its new incentives aimed at…
iot squared, a joint venture between Saudi Telecom Company and the Public Investment Fund, has signed a binding agreement to acquire 100 percent of technology…
The Saudi Arabian Mining Company (Ma’aden) issued its financial results for the second quarter of 2023, showing total revenues of SAR6.97 billion. Ma’aden’s…
Dubai Electricity And Water Authority (DEWA) selected state-owned renewable energy firm Masdar to construct and manage the 1,800 MW sixth phase of the Mohammed…
Credit rating agency Moody’s announced early Friday its decision to maintain Egypt’s sovereign credit rating for both local and foreign currencies, along with…
Chinese state media on Saturday rejected a Western claim that developed nations were shunning the country's Belt and Road Forum, while saying most of the…
A preliminary forensic audit of Lebanon's central bank by professional services firm Alvarez & Marsal (A&M) has painted a damning picture of the institution…
Saudi-based Acwa Power has announced robust results for the first half recording a net profit of SAR 684 million ($182.4 million), up 26% over last year. …
GFH Financial Group reported a net profit attributable to shareholders of $30.61 million for the second quarter of the year, up 32.74.% compared with $23.06…
Saudi Arabia’s Public Investment Fund (PIF) is intensifying its efforts to accelerate the pace of local industries within the Kingdom, launching several…