Central bankers around the world would need to consider any slowdown in AI-driven growth as they assess steps in their fight against inflation, International…
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…
Saudi Arabia and Britain discussed the strategies and programs of Riyadh’s Vision 2030 with the aim of expanding job opportunities and investments between them…
Riyadh will kick off on Sunday the 10th Arab-China Business Conference, the largest Arab-Chinese economic conference. Gatherers are expected to sign contracts…
The Tunisian Ministry of Tourism said that around 2.9 million tourists visited the country by the end of May, registering an increase of 3.3 percent compared…
Bank investments in UAE hit AED 548.5 billion by the end of March, the highest level in the country's history, a report by the Central Bank of the United Arab…
UAE’s ADNOC Offshore has awarded a 3.588 billion dirhams ($975 million) artificial island construction contract to ADNOC Logistics & Services (ADNOC L&S). …
Governor of Saudi Arabia’s Eastern Region Prince Saud bin Naif bin Abdulaziz inaugurated the electrical grid interconnection project between Iraq and the Gulf…
Prince Mohammed bin Salman, Crown Prince and Prime Minister, and Russian President Vladimir Putin praised, during a telephone discussion on Wednesday, their…
The World Bank has said that social protection policies in the Middle East and North Africa region can play a crucial role in reducing labor market exclusion…
Lebanon must take urgent action on comprehensive economic reforms to avoid "irreversible consequences" for its economy, the International Monetary Fund said on…
The International Monetary Fund (IMF) maintained its positive outlook for the Saudi economy, given the non-oil strong growth momentum, which is expected to to…
The Organization for Economic Cooperation and Development (OECD) expressed some optimism about global growth, but warned of a “long road” before reaching a…
The real GDP of Saudi Arabia grew by 3.8% in the first quarter of 2023, compared to Q1 of 2022. Estimates of GDP for Q1 of 2023, issued Thursday in a report…
The Gulf Cooperation Council Interconnection Authority (GCCIA) will launch Thursday the implementation of the electrical interconnection project with the…
The Saudi private sector is intensifying efforts to maximize the benefits of the Arab-China Business Conference, which will be held next week in Riyadh. …
The Economic and Social Committee of the Saudi Arabia-UK Strategic Partnership Council held its third meeting in London, headed by Saudi Minister of Commerce,…
Türkiye’s lira plunged 7% to a record low on Wednesday in its biggest daily selloff since a historic 2021 crash, as the newly-elected government appeared to…
Kuwait's al-Wafrah station is the hub for connecting neighboring countries with the future expansion of the interconnection network, said the CEO of GCC…
Emirates is close to a substantial aircraft order of as many as 100 to 150 jets as it prepares to replace its fleet of Airbus SE A380 double-decker planes, due…
The Federation of Saudi Chambers (FSC) and the Investment and Development Agency of Latvia (LIAA) have signed a memorandum of understanding (MoU) to promote…
Egypt and the UAE signed a deal Tuesday for a wind energy project to produce electricity, with direct investments of more than $10 billion. Middle East…
NEOM announced on Tuesday that it has finalized contracts with investors for the first phase of its residential communities’ expansion, a social infrastructure…
The World Bank on Tuesday raised its 2023 global growth outlook as the US, China and other major economies have proven more resilient than forecast, but said…
The Saudi government's voluntarily reducing its output to nine million barrels per day (bpd) represents significant to support the global market and protect…
The Executive Vice President of Business Development of the Saudi Authority for Industrial Cities and Technology Zones (MODON) Eng. Ali Al Omeir revealed the…