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 Fund for Development Signs $77 Million Loan Agreement to Establish Solar Power Plant in Belize
The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, signed on Saturday a development loan agreement with the Prime Minister of…
Egyptian Trade Minister Ahmed Samir said on Friday that the Turkish KOC Holding group intends to expand its activities in the Egyptian market in the coming…
China and Saudi Arabia's stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other's bourses, three sources familiar with the…
Abu Dhabi National Oil Company (ADNOC) said on Friday it would acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea off the…
Türkiye’s new-look economic team met for the first time with dozens of international investors on Friday and pledged to continue hiking interest rates, even as…
The financial results of the Saudi Basic Industries Corporation (Sabic) - the largest producer of petrochemicals, fertilizers and steel in the Middle East -…
Investment licenses are increasing steadily in Saudi Arabia, highlighting the Kingdom’s attractiveness as a destination that offers investors qualitative…
Saudi Arabia’s non-oil revenues jumped 13 percent to $36 billion in the second quarter of 2023, while oil revenues recorded a decline of 28 percent. The…
The United Nations food agency's world price index rebounded in July from two-year lows as vegetable oil markets jumped on renewed tensions over exports from…
Saudi Arabia witnessed a strong business performance in July, despite the high cost of capital and intense competitive pressures, according to the Riyad Bank…
Abu Dhabi National Oil Company (ADNOC) said on Friday it would acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea off the…
Saudi Arabia said Thursday it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost…
Real estate financing sector for individuals in the Kingdom is expected to witness a further decline, following a decision by the Saudi Central Bank (SAMA) to…
Total assets at Oman’s sovereign wealth fund, the Oman Investment Authority, reached 17.9 billion rials ($46.6 billion) in 2022, the fund said in its annual…
Abu Dhabi sovereign wealth fund ADQ and a unit of local conglomerate IHC (IHC.AD) have submitted an offer to wrap their shareholdings in Modon Properties into…
Saline Water Conversion Corporation (SWCC) has signed a memorandum of understanding (MoU) with the Brazilian company WEG, which is specialized in electrical…
Dubai business park operator TECOM Group reported a 13% increase in first half profit on Wednesday as its CEO said demand for commercial property was…
Kuwait Airways faces possible delays of up to 12 months to receive some Airbus aircraft, its CEO said on Wednesday. Maen Razouqi said in an interview that…
Saudi real estate prices stabilized in the second quarter of this year compared to the first three months, while the real estate price index increased by 0.8%…
The $400 million Saudi loan would help recover the Tunisian budget after it failed to mobilize financial resources from traditional partners and meet the…
As part of its efforts to attract more local and foreign investments, the Royal Commission for Jubail and Yanbu in Saudi Arabia has allocated approximately 15…
UK Chief Negotiator for the UK-Gulf Cooperation Council Free Trade Agreement (FTA) Tom Wintle revealed that they have completed a “very productive two-week…
Chairman of the Board of Directors of the GV Investment Group Egypt, Sherif Hammouda stated Tuesday that his company is ready to be part of a coalition between…
Saudi Arabian contracting firm Nesma & Partners has signed an agreement to acquire Dubai-based privately-owned energy services firm Kent, the two companies…