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…
The International Monetary Fund (IMF) on Monday urged Kuwait to regulate the country’s public finances and to gradually phase out large energy subsidies to…
Standard Chartered has issued Saudi Arabia’s first-ever green guarantee for Larsen and Toubro (L&T), a global leader in engineering, procurement, and…
Syria will import half as much wheat in 2023 as the previous year due to an expected boost in the domestic harvest, Minister of Agriculture Mohammad Hassaan…
Non-oil private sector activity in Egypt contracted for the 30th straight month in May, weighed down by continued high inflation and weak demand. The S&…
SABIC Agri-Nutrients, a public joint-stock company owned 50.1% by SABIC, has successfully dispatched the first commercial shipment of low-carbon ammonia to…
The International Air Transport Association (IATA) has re-elected the Director General of the Saudi Arabian Airlines Group, Eng. Ibrahim bin Abdulrahman Al…
Riyadh witnessed on Sunday the signing of an agreement between the Global Green Energy Alliance and the Saudi Ministry of Investment, which seeks to adopt the…
Saudi Arabia has called on the private sector, specifically communications and information technology contractors, to join the Saudi Digital Investment…
The Saudi Banks Media and Awareness Committee has launched an awareness campaign tackling the latest fraud methods. The initiative, "Not normal", aims to…
Saudi Arabia decided to voluntarily reduce its oil production by 1.5 million barrels per day, to the level of 9 million barrels per day, to support oil markets…
Egypt and Saudi Arabia signed on Sunday two memorandums of understanding (MoU) in developing non-oil exports and developing their automobile industries. The…
Iraq will achieve self-sufficiency in gas within five to seven years, announced Oil Minister Hayyan Abdul-Ghani. During an interview with Rudaw, Abdul…
Türkiye's lira slid almost 1% on Monday in thin trading during the Asian day to weaken past 21 per dollar, in a shaky initial reaction to the appointment of…
The International Association of Public Transport (UITP) inaugurated on Sunday in Barcelona, Spain, the UITP Global Public Transport Summit, with the…
An official source in the Saudi Energy Ministry announced on Sunday that the Kingdom will implement an additional voluntary cut in its production of crude oil,…
AD Ports Group has signed a 25-year agreement with Singapore based Crystal Offshore, a recognized one-stop Logistics Solution provider to the Marine & Offshore…
Saudi Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli visited the Reverse Osmosis Plant in Jubail, the world's largest, and was…
Eng. Abdul Rahman Al-Fadhli, Minister of Environment, Water and Agriculture, Chairman of the Board of Directors of the Saudi Water Partnerships Company,…
Amidst Saudi Arabia’s push for economic diversification, the localization of emerging industries, the adoption of green energy technologies like ammonia and…
Jordan's Foreign Ministry revealed that the value of national exports to Greater Arab Free Trade Area (GAFTA) countries increased by 5.5 percent, reaching …
The OPEC+ countries seek to maintain the stability of oil markets at their meeting on Sunday amid global economic turmoil and uncertainty surrounding global…
King Abdullah Economic City has been granted a license for the Special Economic Zone, the Saudi Press Agency reported. Situated at the crossroads of global…
Tunisian President Kais Saied on Saturday suggested raising taxes on richer people could be an alternative to socially painful reforms as a means to secure an…
The Arab Monetary Fund (AMF) projected a 3.4 percent growth for Arab economies, accompanied by tighter monetary policies to curb inflation. The report…