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 authorities have called on the local private sector to report challenges facing companies and institutions in the Saudi market. Since the launch of…
Saudi Arabia has won the presidency of the Aviation Security Committee of the International Civil Aviation Organization (ICAO) for the year 2023-2024, the…
Kuwait and Saudi Arabia have "exclusive rights" in the Durra gas field in the Arabian Gulf, Kuwait Oil Minister Saad Al Barrak said on Sunday, and he called on…
The Saudi Authority for Intellectual Property is preparing to engage in 15 international treaties and agreements that will strengthen the intellectual property…
The Kuwaiti-Saudi Permanent Joint Committee discussed on Sunday expediting the implementation of oil projects in the divided region. The Undersecretary of…
Business experts expected Saudi-French investments in renewable energy to increase in light of the joint statement issued by Saudi Minister of Energy Prince…
The real estate developer El Mostakbal Urban Development (MIDAR) has been added to The Sovereign Fund of Egypt’s (TSFE) pre-initial public offering (IPO) fund…
Algeria's state oil company Sonatrach signed on Sunday contracts worth around $740 million with French energy giant TotalEnergies, Sonatrach said in a…
Türkiye is taking measures to re-establish fiscal discipline and control the level of the budget deficit, Finance Minister Mehmet Simsek said on Sunday. …
African nations have successfully generated an impressive sum of 1.69 billion euros ($1.86 billion) in additional tax revenues through inter-country tax…
Iraqi Oil Minister Hayan Abdulghani said that OPEC and OPEC+ issued several decisions that target oil prices, stabilize the global oil market, and protect the…
Saudi Arabia’s decision to extend the Hajj visa to three months will enhance the Kingdom’s efforts to diversify the economy, increase new job opportunities,…
Egyptian Minister of Tourism and Antiquities, Ahmed Issa, stated that Egypt has achieved a record performance in the tourism industry over the past 6 months,…
Deputy premier Saade Chami said on Friday deputy governors of Lebanon's central bank should run it if no governor is appointed by the end of the month, calling…
Asharq Al-Awsat has learned that the Saudi private sector is currently preparing a comprehensive report on the challenges encountered by investors in Egypt…
OPEC Secretary General Haitham Al-Ghais said he expected the organization’s market share to increase from 30% to more than 40% by 2040. The increase will…
The world’s largest green hydrogen project in Saudi Arabia’s NEOM has formally entered the construction stage. In a statement, ACWA Power said that its…
Qatar Airways has reported a record annual revenue of 76.3 billion riyals ($21 billion), underpinned by a higher customer base after the Doha-based carrier…
Red Sea Global has announced the installation of 750,000 solar panels and five solar stations dedicated to the operation of the first phase of the “Red Sea…
Lebanon's deputy central bank governors could all resign if no successor is appointed when current chief Riad Salameh's term ends this month, one of the…
Egypt is preparing to announce a considerable program of public offerings soon and is putting the final touches ahead of providing a comprehensive program with…
Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ would do whatever is necessary to support the oil market. The Minister was speaking on…
Private non-state oil-producing companies in Saudi Arabia and the UAE witnessed a powerful resurgence in June, fueled by a surge in production and new orders. …
The UAE Cabinet has approved the establishment of the Ministry of Investment, and appointed Mohamed Hassan Al Suwaidi to lead it. The Ministry will support…