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…
Global commodity prices are expected to decline this year at the fastest clip since the onset of the COVID-19 pandemic, clouding the growth prospects of almost…
The UAE Banks Federation (UBF) recently held its annual general meeting, chaired by Abdulaziz Al Ghurair, the Chairman of the Federation. The members of…
The number of foreign tourists visiting Portugal surpassed 2.8 million from January through March, making it the best first quarter on record despite high…
Japan will canvass public opinion on restoring South Korea to a "white list" of countries with fast-track trade status, the trade ministry said on Friday, a…
The International Energy Agency (IEA) should be "very careful" about discouraging investment in the oil industry, which was vital for global economic growth,…
The Middle East and North Africa (MENA) region is going to face unprecedented water scarcity in the future, warned the World Bank. In a report, titled …
The GCC project awards expanded during the first three months of the year despite global economic challenges such as the financial sector turmoil, elevated…
Controversy over Iraq’s budget has resurfaced, but this time from a political aspect. As the government of Mohammed Shia al-Sudani insists that no major…
The Egyptian government has included tourism within an initiative aimed at supporting the country’s productive sectors, along with industry and agriculture. …
Lebanese consumers are anxiously anticipating the continued rise of the inflation index, as the customs dollar exchange rate has been re-raised from LBP 45,000…
The Arab Monetary Fund announced that green bond and sukuk issuance by Arab countries related to sustainable activities, whether publicly or privately offered,…
Saudi Arabia’s government has instructed companies in certain sectors to obtain a “local content certificate” in order to be able to compete for government…
Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling US crude oil and fuel inventories refocused investors on robust…
Egypt has released $23 billion worth of imported goods, merchandise and products from the country’s ports and customs since January, announced Minister of…
Kelly Curto is taking her first trip outside the US, and the die-hard fan of the British royal family is making it the one at the top of her bucket list —…
Oil prices held steady on Tuesday as investors weighed strong holiday travel in China that could boost fuel demand against the prospect of rising interest…
Sudanese economists have warned that the prolongation of the war will afflict the Sudanese economy with huge losses and increase the average inflation rate,…
Egypt is hinging on an expected increase in tourists during summer, as authorities seek $30 billion annually. Egyptian authorities confirmed Sunday that the…
After months of hosting displaced survivors of Türkiye’s massive earthquake in his Antalya hotels, Hakan Saatcioglu hopes his rooms will soon be filled with…
Oil prices fell on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of…
The Kuwait Fund for Arab Economic Development said that 15 percent of the Gulf electrical interconnection expansion project with Kuwait has been completed…
Saudi Arabia advanced 17 places in the global Logistics Performance Index (LPI) issued by the World Bank. Among 160 countries, the Kingdom has advanced to…
SABIC, a global diversified chemicals company, has been awarded five of the prestigious Edison Awards 2023 for its innovative solutions, designed to meet the…
Shops of jewelry, sweets, gifts and clothing in Saudi Arabia witnessed a flourishing movement during the last ten days of Ramadan, as they prepared for Eid al…