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 World Bank said on Wednesday it had approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs,…
The Saudi Authority for Industrial Estates and Technology Zones (MODON) received an accreditation certificate from the European Foundation for Quality…
Egypt started experimental trials of the commercial production of gold in the area of Iqat in the south of the country, Petroleum and Mineral Resources…
In a move to push investments in the military industries, Saudi Arabia launched on Monday a number of enablers for local and international investors, allowing…
In light of the repercussions of the crisis experienced by the Credit Suisse Group, the second largest bank in Switzerland, which has been operating for 167…
Gold prices edged lower on Tuesday, ahead of the Federal Reserve policy meeting as expectations grew that the US central bank would slow its monetary policy…
Lebanon will construct a $122 million terminal at Beirut’s Rafik Hariri International Airport to be operated by a leading Irish airport company when it's…
The Saudi-Turkish Business Forum has set a goal of exceeding $10 billion in the trade exchange between Riyadh and Ankara. The event witnessed the signing…
Saudi Aramco and DHL Supply Chain have signed a shareholders’ agreement for a new Procurement and Logistics Hub in Saudi Arabia, to enhance supply chain…
The Saudi Finance Ministry terminated some services for financial claims through "Etimad," a government platform that supports a partnership between the public…
Iraq is one of the world’s largest energy exporters and has the potential to be a reliable global source for energy production and distribution, according to…
Kuwait Oil Company on Monday declared a state of emergency due to an oil leak in the west of the country. Production was not affected because of the oil…
Oil prices fell on Monday to their lowest in 15 months on concerns risks in the global banking sector may cause a recession that would lead fuel demand to…
Rating agencies have upgraded the Saudi economy to a “positive” and stable outlook. They affirmed that the structural reforms have been reflected in the…
Egypt's transport ministry signed on Saturday several agreements in maritime transport with AD Ports Group to manage, operate, and maintain the port of Safaga,…
When Caroline Sadaka buys groceries in the Lebanese capital Beirut, she keeps her phone in hand – not to check her shopping list but to calculate the spiraling…
Jordan's Energy and Mineral Resources Minister Saleh Kharabsheh launched Saturday a project to explore lead, zinc, and gold in the Samrat Teibah area in Wadi…
A senior official at the People's Bank of China said on Saturday the collapse of Silicon Valley Bank (SVB) showed how rapid monetary policy shifts were having…
The Saudi Cultural Development Fund (CDF) launched a $234.4 million program to finance the film sector in the Kingdom. The program aims to support the film…
Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal…
The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the OECD said on…
The world credit rating agency ”S&P Global Rating” updated its credit report for the Kingdom of Saudi Arabia raising its long and short-term foreign and local…
Morocco plans to spend 6.1 billion dirhams ($580 mln) up to 2026 to develop its tourism sector in order to attract more visitors and bring in hard currency,…
Gulf businesswomen participating at the 5th Gulf Businesswomen Forum 2023 called for creating a platform that brings them together to share aspirations, plans,…