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…
US Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt limit and avert an unprecedented default that would…
UAE Minister of Industry and Advanced Technology and COP28 President-Designate Dr. Sultan al-Jaber renewed on Wednesday his call for the oil and gas industry…
The Egyptian economy is standing on its feet and is capable of facing external shocks and global challenges, announced Egypt’s finance minister Mohammed Maait…
Saudi Aramco notified its customers in North Asia on Wednesday that they will receive the entire volumes of crude oil that they requested in June, several…
Global companies are choosing Saudi Arabia’s capital, Riyadh, as a hub to launch their operations and expand their businesses towards the three continents of…
Türkiye’s economy is bracing for a "lost year" no matter who wins landmark elections on Sunday, political insiders say, even if the opposition pledges to tear…
The Sultanate of Oman announced, on Tuesday, that its public budget surplus increased by about 26 percent on an annual basis in the first quarter of 2023, with…
The Swedish Embassy in Cairo hosted a panel discussion with European and Egyptian policy makers and representatives of the business community to discuss…
A fresh wave of COVID-19 is spreading through China as people return from public holiday travel, reaching trading floors and raising concern of an impact to…
Ferid Belhaj, the Vice President for the Middle East and North Africa region at the World Bank Group, stressed that the World Bank has confidence in the…
The Saudi government said the national water strategy has achieved record results in line with the objectives of Vision 2030. It succeeded in increasing the…
Saudi Aramco posted first-quarter net profit of 119.54 billion riyals ($31.9 billion) on Tuesday. “The results reflect Aramco’s continued high reliability,…
Kerten Hospitality, the renowned global hospitality operating company, announced on Monday the launch of its brand-new initiative named "The Collective by…
The Saudi Ministry of Finance announced on Sunday the state’s general budget for the first quarter of 2023, with revenues amounting to 281 billion riyals ($75…
Oil prices rose as fears of a recession in the US started receding
Abu Dhabi Global Market (ADGM) will expand its area of jurisdiction to ten times its current footprint, it said on Monday, part of Abu Dhabi's plans to…
Chairman of OPAZ pointed out that the volume of investments in the 13 existing zones, supervised by OPAZ, reached $39.5 billion
The Emirates Nuclear Energy Corporation (ENEC) has announced the signing of three Memorandums of Understanding (MoUs)
The inflation rate eased slightly for the second consecutive month in Tunisia, reaching 10.1 percent in April, against 10.3 percent in March and 10.4 in…
Saudi Arabia participated in the 2023 SelectUSA Investment Summit to promote investment and exports, with a large delegation of 75 businessmen, heads of…
The Saudi-US Business Council has released a report indicating a substantial upswing in Saudi Arabia’s construction sector activity in 2022, with contract…
The inflation rate eased slightly for the second consecutive month in Tunisia, reaching 10.1 percent in April, against 10.3 percent in March and 10.4 in…
Saudi Arabia's economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product…
Algerian and French organizations are arranging to hold an economic and production partnership forum to submit proposals to the governments ahead of President…