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 Governor of Qatar Central Bank (QCB), Sheikh Bandar bin Mohammed bin Saud Al Thani, said that pegging the Qatari riyal to the dollar was appropriate for…
The Saudi Cabinet, chaired by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, approved the draft general agreement to establish the Arab…
Saudi Minister of Housing Majid Al-Hogail stressed the importance of the housing sector to Saudi Arabia’s gross domestic product. The Saudi housing…
The UAE Cabinet approved a total of 78 environmental projects in preparation for hosting COP28. It initiatives include national strategies to reduce…
Gold prices were flat on Thursday as the dollar advanced to an over two-month high and sapped demand for the greenback-priced metal, while investors awaited…
Ratings agency Fitch put the United States' credit on watch for a possible downgrade on Wednesday. Fitch put the country's "AAA" rating, its highest rank,…
An international forum held in Riyadh on Tuesday, called for the need to enact and enforce competition policies in the Arab region, in a way that helps improve…
The Saudi Authority for Industrial Cities and Technology Zones (MODON) launched new financing solutions in partnership with the private sector, to increase…
Saudi Energy Minister Prince Abdulaziz bin Salman said on Tuesday that the goal of the OPEC+ alliance - which includes members of the Organization of the…
UAE Minister of State for Foreign Trade Thani al-Zeyoudi and Malaysian Minister of Investment, Trade, and Industry Tengku Zafrul Aziz have signed a joint…
ADNOC and Abu Dhabi National Energy Company (TAQA) announced on Wednesday the award of a strategic investment project estimated at up to $2.4 billion (AED8.8…
UAE’s Minister of Industry and Advanced Technology and the COP28 President-Designate, Sultan al-Jaber, has called for a significant public and private finance…
Saudi Arabia’s National Development Fund (NDF), through its supervised entities, has contributed to the financing of the largest green hydrogen production…
The 58th Annual Meetings of the African Development Bank and the 49th Board of Governors of the African Development Fund kicked off in Sharm El-Sheikh, Egypt,…
Government and private entities in Saudi Arabia have reviewed construction projects worth an estimated SAR 1 trillion ($266 billion) in front of local and…
In a momentous endeavor, the Falcon 9 rocket embarked on a triumphant mission, ferrying Saudi astronauts Ali Al-Qarni and Rayana Barnawi to the International…
Lebanon is likely to be placed on a "grey list" of countries under special scrutiny over unsatisfactory practices to prevent money laundering and terrorism…
Gold prices fell on Tuesday, pressured by a stronger dollar and upbeat equities, even as talks in Washington to lift the US debt ceiling dragged on. Spot gold…
NEOM Green Hydrogen Company (NGHC) announced on Monday that following signing financial documents with 23 local, regional, and international banks and…
The Saudi Shura Council has urged the exploration of incentives and facilitations based on establishments’ contributions to local content. This includes…
Government indicators, recently released by the Ministry of Economy and Planning, reveal that the Saudi private sector is experiencing moderate growth,…
Saudi Arabia’s Water and Electricity Holding Company (Badeel), which is a utility subsidiary of the sovereign wealth fund PIF (Public Investment Fund), along…
Abu Dhabi organizations have identified about $2 billion of investment opportunities in South Korea after the two sides agreed to expand business ties in…
Saudi Arabia will host the fourth Arab Competition Forum, which is organized by the United Nations Economic and Social Commission for Western Asia (ESCWA), the…