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…
Egypt has taken a new step in implementing its plan to become a regional hub for energy exports and expand the signing of electrical interconnection agreements…
Saudi Arabia topped the list of countries benefiting from the services of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a…
The Gulf Cooperation Council (GCC) countries, the GCC Secretariat General, and the GCC Rail Authority are continuing to finalize the completion stages of the…
The Saudi Arabian Mining Company (Ma’aden) announced on Monday the signing of a master clauses agreement to buy 9.9% of the shares of Ivanhoe Electric Inc. …
Bahrain Economic Development Board chief executive Khalid Humaidan stressed that his country has successfully attracted over $1.1 billion in foreign direct…
Egypt and Norway signed on Sunday a joint development agreement to establish the first green methanol production project in the Middle East, with investments…
Saudi Arabia has taken a significant step towards enhancing the relationship between service providers and consumers by introducing regulations that govern the…
Türkiye's lira held near a two-month low in early trading, and the cost of insuring exposure to the country's debt spiked, as the country's presidential race…
Oil prices fell on Monday as concerns about fuel demand in the top global oil consumers, the United States and China, offset bullish sentiment about tightening…
The 11th session of the Arab-Chinese Businessmen Conference with the theme "Cooperation for Prosperity" and the 8th Investments Symposium will be held on June…
Secretary General of OPEC Haitham Al Ghais has said there may be no one-size-fits-all solution to a sustainable energy future, but collaboration and inclusive…
Saudi authorities are discussing plans and endeavors to displace liquid fuels and replace them with the electric grid, in a step that aims to achieve…
The 57 member states of the Islamic Development Bank (IsDB) are seeking to preserve the rich Islamic heritage and rely on modern technologies to build a bright…
The armed conflict between the Sudanese army forces and the Rapid Support Forces (RSF) has destroyed about 20 percent of the country’s gross domestic product …
Saudi Arabia has built the largest advanced grain storage capacity in the Middle East, increasing the total by 40 percent from 2.5 million tons in 2016 to 3.5…
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) signed a $15 million Documentary Credit Insurance Policy (DCIP) with the…
ADNOC Distribution announced its first quarter 2023 results, reporting a 5.5% year-on-year and 19.4% Quarter-on-Quarter increase in net profit excluding…
Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter's new CEO. "I am excited to welcome Linda Yaccarino as the new CEO of…
GFH Financial Group announced its financial results for the first quarter of 2023, revealing net profit attributable to shareholders worth $24.01 million,…
Jasem Mohamed Al-Budaiwi, Secretary General of the Cooperation Council for the Arab States of the Gulf, said that the volume of intra-Gulf trade exceeded $100…
Oil prices slipped on Friday, heading for a fourth weekly decline
IPI saw a 4.1 percent year-on-year growth due to high production in mining, quarrying, and manufacturing in Saudi Arabia’s industrial output volume
Saudi Minister of Energy Prince Abdulaziz bin Salman Al Saud and the Dutch Minister of Economic Affairs and Climate Policy, Micky Adriaansens, have cosigned a…
Saudi Aramco has clarified that the reports claiming it was pausing blue hydrogen plans are inaccurate