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 Saudi government has been able to save hundreds of projects through its initiatives and programs on small and medium enterprises and ensure they do not…
Data released by Egypt’s Central Agency for Public Mobilization and Statistics on Tuesday revealed that the North African nation’s trade deficit increased by…
Turkish monthly inflation hit 3.92% in June, lower than expected, after a plunge in the lira currency following the re-election of President Recep Tayyip…
The UAE aims to produce 1.4 million metric tons of hydrogen per year by 2031, and 15 million metric tons annually in 2050, thanks to efforts aimed at reducing…
Saudi Arabia has affirmed its commitment to implementing its declared strategic policy to achieve food security and support flexible and effective food…
President Vladimir Putin said late on Tuesday that the Russian economy was performing better than expected after Prime Minister Mikhail Mishustin reported to…
Oil prices rose on Tuesday after Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil cuts on Monday. Saudi Arabia said it would extend…
The Saudi budget airline flynas announced Monday that it had acquired two new Airbus A320neo aircraft, representing the third batch of 19 aircraft of the same…
Saudi Airlines Catering Company (SACC) signed two contracts with Red Sea Global (RSG) at a total value of $2.4 billion. The Saudi Tadawul announced a one…
The OPEC+ energy ministers are scheduled to meet with oil industry CEOs at the 8th OPEC International Seminar to discuss global energy security, plans for…
The Saudi market is expected to witness a rise in IPOs in the second half of this year after two important developments in the past few days. Ades…
Saudi Arabia announced on Monday its decision to extend the voluntary oil production cut of one million barrels per day until August. Saudi analysts told…
Bahrain signed a memorandum of understanding for strategic investments and collaborations with Britain that will see the Gulf state's private sector invest 1…
An official source from the Ministry of Energy announced that Saudi Arabia will extend the voluntary oil cut of one million barrels per day, which had gone…
As the term of Central Bank Governor Riad Salameh draws to an end in July, Lebanon’s political and economic circles are cautiously anticipating the management…
The Iraqi Parliamentary Oil and Gas Committee announced that the government had made plans to increase oil production to more than 5 million barrels per day …
British Deputy Ambassador to Riyadh Anna Walters said the United Kingdom and Saudi Arabia were exploring new partnerships in hydrogen, carbon capture and…
Treasury Secretary Janet Yellen will travel to Beijing Thursday as part of an ongoing Biden administration effort to thaw US-China relations, a senior Treasury…
Oil prices were roughly unchanged on Monday as concerns about global macroeconomic headwinds and possible further interest rate hikes from the US Federal…
Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha started on Sunday an official visit to China. He is slated to visit…
The Saudi Public Investment Fund (PIF) ranked seventh globally and first in the Middle East among 100 sovereign wealth funds according to Global SWFs…
The combined profits of banks operating in Saudi Arabia, before zakat and taxes, increased during the month of May 2023, to about 6.33 billion riyals ($1.68…
Days of violent protests across France after the fatal police shooting of a teenager have started to impact the country's tourism sector, with hotels and…
The United Arab Emirates stressed that cutting emissions by 43% in the next seven years requires a holistic ecosystem that connects policy, technology, finance…