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…
As Saudi Arabia announced on Thursday sending the first Saudi astronauts to the International Space Station (ISS) in May, the Saudi space sector has imposed…
Türkiye’s foreign minister said on Friday he agreed with Russia's request to lift obstacles to Russian fertilizer and grain exports, and that this needed to be…
Saudi Arabia ranked second globally for societal awareness of artificial intelligence, according to the 2023 Artificial Intelligence Index Report by Stanford…
Saudi Arabia has kicked off on Thursday the process of localizing the consultancy sector and professions across the Kingdom. The Ministry of Human…
The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to remain around 3% for the next five years, IMF Managing Director…
Gold prices retreated from one-year highs on Thursday as the dollar regained some ground, while investors awaited the US non-farm payrolls report to gauge the…
Egypt and the UAE agreed to continue coordination and communication to enhance cooperation in investment projects. This came as the UAE welcomed…
Fitch ratings has upgraded Saudi Arabia’s Long-term foreign-currency issuer default rating (Idr) to ‘A+’ from ‘A’, with stable outlook. This reflects Saudi…
Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month, informed sources said. …
Egypt’s net foreign reserves increased $95 million by the end of March 2023 to $34.447 billion, compared to $34.352 billion by the end of February 2023, the…
French energy giant TotalEnergies announced Wednesday an agreement with Iraq on a long-delayed $10 billion project to improve the country's rundown electricity…
Secretary General of the Gulf Cooperation Council (GCC) Jassem Albudaiwi held talks on Wednesday with Dr. Raja bin Manahi Al Marzouqi, newly-appointed General…
The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement for Morocco under the Flexible Credit Line (FCL). The approved…
A survey conducted on Tuesday revealed that for the 28th consecutive month, non-oil private sector activity in Egypt has continued to decline due to…
AD Ports Group has signed a $2 billion financing agreement with a syndicate of 13 banks, it said in a statement on Tuesday. The multi-currency general…
The Qatari economy achieved a real growth rate, constant prices, of 8 percent during the Q4 of 2022, year on year, compared to the same period of 2021. …
The non-oil-producing private sector in Saudi Arabia witnessed a rapid expansion at the end of the first quarter of 2023. The sector recorded a sharp rise…
Deriving its name from the date of its establishment of the first bank in the country, the Saudi British Bank (SABB) announced on Tuesday the change of its…
Turkish annual consumer price inflation dropped to 50.51 percent in March, official data showed on Monday, slightly below forecast and easing ahead of landmark…
Russia's largest oil producer Rosneft and India's top refiner Indian Oil Corp agreed to use the Dubai oil price benchmark in their latest deal to deliver…
As the Saudi space strategy approaches its launch, expectations for investment in the space sector are growing, with an industry expert predicting that the…
Iraq's federal government and the Kurdistan Regional Government (KRG) have reached a final deal to restart northern oil exports to be announced Tuesday,…
Saudi Arabia has achieved record growth in indicators of economic activities in promising sectors during the first quarter of this year, one of the…
Oil and economic experts confirmed that the voluntary oil production cuts taken by oil-exporting countries within OPEC+, starting May and continuing until the…