Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
The Saudi Basic Industries Corporation (SABIC) signed on Thursday a Project Development Agreement (PDA) with Rongsheng Petrochemical Co. Ltd. and its wholly…
The Saudi Ports Authority (Mawani) has signed seven agreements to establish logistics centers in Jeddah, western Saudi Arabia, with a total value exceeding SAR…
Oil prices eased on Thursday as traders weighed escalating tensions between the United States and Iran and the risks to oil supplies moving through the Strait…
Crude oil loading was suspended at all Iraqi terminals on Thursday after a drone crashed into an oil tanker at the Basra terminal, although it did not cause…
The United States announced on Wednesday a new tariff on various imports from Brazil, following a year-long investigation into the Latin American giant's trade…
Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence among businesses…
Gold fell on Thursday as an escalating Middle East conflict fueled concerns that the US Federal Reserve could hike interest rates this year, overshadowing…
Japan’s parliament approved new amendments on Wednesday that will recognize cryptocurrencies as financial assets, a move that would put their regulation under…
A fresh escalation in US-Iranian tensions has plunged global trade and financial markets back into deep uncertainty, threatening to slow economic growth and…
Saudi Arabia’s inflation rate held steady at 1.8% in June, underscoring the economy’s price stability as renewed conflict in the Middle East raises fears of…
Gold prices slipped on Wednesday as escalating tensions in the Middle East continued to stoke inflation concerns, reinforcing expectations of higher US…
Daily crude loadings at Saudi Arabia's Red Sea port of Yanbu are close to maximum levels this week, according to data and industry sources. Shipments from…
BP expects its oil trading result to be slightly higher in the second quarter after an exceptionally strong first quarter, as it continues to profit from a…
China’s economy slowed sharply to a 4.3% annualized pace of growth in the April-June quarter, the government said Wednesday, the weakest in over three years. …
Saudi Arabia’s Cabinet has approved an updated state revenue system, marking a significant step toward modernizing the Kingdom’s public financial system and…
Oil extended gains on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Tehran launched strikes on US infrastructure in…
Egypt renewed its solidarity with Gulf states in the face of repeated Iranian attacks as President Abdel Fattah al-Sisi made another Gulf tour on Tuesday,…
The Future Investment Initiative (FII) Institute will celebrate its 10th anniversary with FII10, taking place in Riyadh from October 26 to 29, 2026, under the…
At a time when the conflict between the United States and Iran plunged the region into one of its most severe periods of tension in years, closed the Strait of…
Turkish Energy Minister Alparslan Bayraktar said Iraq wants to send 750,000 barrels per day of oil through the Kirkuk-Ceyhan pipeline under an arrangement to…
Gold rose on Tuesday after hitting a two-week low earlier in the session, as markets awaited key US inflation data, with escalating US-Iran tensions driving…
China's June crude imports slumped 41.3% to their lowest in almost a decade as refinery run rates hit a ten-year low due to weak domestic demand and export…
Saudi Arabia has introduced a new regulatory framework for payroll deduction, financing, and the sale of receivables through the Etimad platform, in a move…
Oil prices jumped and stocks fell again Tuesday after fresh US strikes against Iran that marked a new escalation in hostilities that has fueled fears over…