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 stressed on Friday the significance of advancing future cooperation to achieve collective prosperity. The Kingdom affirmed its commitment to…
United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan attended a “Friends of BRICS” meeting held in Cape Town, South Africa, on Friday. …
Saudi Arabia has launched a platform that qualifies contractors and provides services and facilities to enable them to obtain pre-qualification according to…
UAE Minister of Economy Abdullah bin Touq Al Marri said that the UAE aims to attract $160 billion worth of investments in new economic sectors over the next…
A research report by Standard Chartered projects that Saudi Arabia will be a key driver of a global trade growth, with its exports projected to reach $418…
Saudi Arabia's Public Investment Fund (PIF) plans to acquire a 30% stake in local supermarket chain Tamimi Markets Company, the kingdom's sovereign wealth fund…
The Saudi Zakat, Tax and Customs Authority announced that it was possible to calculate the value-added tax (VAT) on the profit margin of the sale of certified…
The General Authority for Statistics (GASTAT) announced on Wednesday that the Saudi trade balance in 2022 registered record results of SAR 830 billion ($222…
The industrial sector's contribution to the UAE's GDP increased from $35.9 billion in 2020 to $49.5 billion in 2022, representing 38 percent growth. …
The offshore Aphrodite natural gas field being developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a…
Oman plans to launch a $5 billion public investment fund to support plans to overhaul the economy in the Gulf Arab nation over the next two decades, state…
A newly released report predicted an increase in the size of the retail trade market in Saudi Arabia to reach SAR 661.1 billion ($176.5 billion) by 2026. …
The Saudi Real Estate Refinance Co. announced the issuance of SR3.5 billion ($933 million) in sukuk, within the local sukuk program that amounts to SR20…
The UAE launched the Global EV Market, a transformational project under the performance agreements signed by federal authorities, which enhances its…
Bahrain's Crown Prince Salman bin Hamad Al Khalifa stressed the importance of development projects that provide quality services to Bahraini citizens and…
Egypt is committed to strengthening cooperation with the New Development Bank and establishing bilateral and multilateral partnerships with BRICS countries,…
Türkiye’s lira tumbled on Wednesday to a fresh record low against the dollar as President Recep Tayyip Erdogan prepared to decide the shape of his new cabinet…
Bangladesh's state-owned gas company PetroBangla will sign a 15-year deal with QatarEnergy on Thursday to buy two million tons of liquefied natural gas (LNG)…
The Saudi Electricity Company (SEC) signed an agreement with Japan's Hitachi Energy agreement and Saudi Services for Electromechanical Works (SSEM) to supply…
The Saudi government is seeking to develop special economic zones based on modern and innovative designs, with the aim to attract foreign direct investments…
The Saudi capital is preparing to launch the 10th session of the Arab-Chinese Business Conference and the eighth investment symposium under the slogan, …
Saudi Arabia has launched an award to encourage innovation in the military industries, support a promising national industrial stage, create innovative…
Gold prices held close to a two-month low on Tuesday as optimism over a US debt ceiling deal and reduced bets for a pause in the Federal Reserve's rate hike…
Dubai's Roads and Transport Authority (RTA) has rolled out its "Zero-Emissions Public Transportation in Dubai 2050" strategy. With this strategy, RTA…