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 Public Investment Fund (PIF) has set up the Sawani Company to enable the growth of the Saudi camel farming industry and actively contribute to its…
Iraq has yet to officially receive the US 120-day national security waiver allowing it to pay its debts to Iran. A US official on Friday told Reuters about…
The Saudi Public Investment Fund (PIF) has been making strong efforts to enhance the participation of local contractors in the projects of the fund’s…
Brent oil prices rose in Asian trading on Friday, as markets assessed the prospect of economic stimulus in China after weak economic data, falling inventories…
The General Authority for Military Industries (GAMI) is scheduled to participate in the International Defense Industry Fair (IDEF 2023) in Türkiye, reported…
The vice governors of Lebanon's central bank have proposed lifting the longtime peg on the country's local currency and moving to a managed float by the end of…
The Eurasian Resources Group (ERG) - which is specialized in mining - said that it seeks to expand in Egypt in the coming period amid ongoing developments and…
The visits by Indian, Japanese, and Turkish leaders to the Gulf within a week reflected the region's outstanding role on the global economic scene. They…
The Saudi cabinet’s approval on Tuesday of the establishment of the Infrastructure Projects Center in Riyadh region will boost the city's competitiveness,…
Saudi Arabia and Türkiye stressed the importance of enhancing cooperation between the two sides in the economic, trade, and investment fields by reviewing the…
The International Monetary Fund on Wednesday said Russia's exit from a deal allowing Ukrainian exports via the Black Sea threatens to increase global food…
Egypt is about to launch a set of bids for precious and basic metals, in addition to phosphates, sulfur, and potash, during the current quarter, Minister of…
The Saudi Future Investment Initiative Institute (FII) is organizing "Priority Asia in Hong Kong" in December to discuss priorities such as evolving social,…
The Saudi Ministry of Defense has signed a memorandum of understanding with the Turkish company Baykar to acquire drones to bolster the Kingdom's defense and…
UAE’s ADNOC Gas has announced a 14-year supply agreement with Indian Oil Corporation Ltd (IOCL) for the export of up to 1.2 million metric tons per annum …
BlackRock Inc. has named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the asset manager’s commitment to the oil industry. …
Saudi Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim has met with the United Nations Secretary General, Antonio Guterres, on the sidelines of the…
Saudi Arabia and Japan announced the establishment of the Manar initiative for cooperation in the field of clean energy. The initiative seeks to align the…
Turkish President Recep Tayyip Erdogan said discussing joint investments and commercial activities was the priority of his Gulf tour. In comments before…
A meeting of the Saudi-Turkish Business Council was held in Jeddah on Monday to discuss prospects for joint investments and means to promote cooperation…
The Turkish lira weakened more than 2% to a fresh record low against the dollar on Tuesday over market concerns that the central bank might raise interest…
Lebanon’s central bank will decommission the controversial exchange platform known as Sayrafa after governor Riad Salameh’s 30-year tenure ends this month, one…
Bahrain's economy expanded 2% in the first quarter of this year, driven by non-oil growth of 3.5%, the finance ministry said. "In contrast, the oil sector…
The King Abdullah Petroleum Studies and Research Center (KAPSARC) has signed a memorandum of understanding (MoU) with the Institute of Energy Economics, Japan …