Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
China's producer price inflation surged to its highest level in four years in June, piling pressure on manufacturers' profit margins as weak domestic demand…
Australia and India reached a deal on Thursday to export Australian uranium to India for use in the nuclear energy industry, while agreeing to deepen…
Gold prices fell on Thursday, hovering near a one-week low, as renewed US-Iran hostilities lifted crude and reignited concerns about inflation and higher-for…
At a time when the global economy is struggling to avoid a sharp recession, the International Monetary Fund’s updated World Economic Outlook showed a deeply…
Libya's National Oil Corporation signed an exploration and production sharing agreement for zone 47 in the Ghadames Basin with the Libyan Investment …
Minister of Communications and Information Technology Abdullah Alswaha affirmed that under the Saudi leadership, the Kingdom is advancing toward building one…
US President Donald Trump said on Wednesday he had ordered his Treasury Secretary Scott Bessent to cut off all trade with Spain, calling Madrid a "terrible…
The AI boom has helped drive investments in intangible assets such as software, data and research to a record high in 2025, the United Nations' patent and…
The economies of Gulf Cooperation Council (GCC) are based on strong foundations that enhance their ability to overcome the fallout of the Middle East war,…
Oil prices gained more than 2% on Wednesday after the US military launched airstrikes against Iran and reimposed crude sales sanctions, raising fears their…
The Saudi Ministry of Investment, represented by Invest Saudi, will participate in LEAP East 2026, which will take place in Hong Kong from July 8 to 10, as…
US oil and gas major Exxon Mobil signaled on Tuesday that its second-quarter earnings could see a boost of about $5 billion compared to the previous quarter,…
Industry Ministry Hosts Workshop to Support Localization of Helicopter Manufacturing in Saudi Arabia
Saudi Arabia's Ministry of Industry and Mineral Resources held a workshop on the Kingdom’s pioneering national helicopter manufacturing project, in…
An international survey has found sharp job losses, falling incomes and growing job insecurity in Lebanon, where the crisis and war have badly disrupted the…
Syria is moving to reshape its investment landscape and turn the page on the legacy of war, driven by complex geopolitical shifts that have redrawn trade and…
The Saudi banking sector has once again demonstrated its robust financial fundamentals and high capacity to adapt to geopolitical challenges and global…
Gold slipped for a second consecutive session on Tuesday as a stronger US dollar weighed, while investors awaited Federal Reserve meeting minutes and monitored…
Shell slightly increased its guidance on Tuesday for its second-quarter integrated gas production, although output would be down sharply from the first three…
Oil prices edged higher on Tuesday as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and…
Saudi Arabia’s Acwa, the world’s largest private water desalination company, a leader in the energy transition, and a first mover into green hydrogen at scale,…
Saudia Group signed on Monday an agreement with Boeing ordering four Boeing 777-200 Freighters. The investment supports the group's long-term growth strategy…
Shipping groups Maersk and Hapag-Lloyd will shift their AE15 Gemini service to the trans-Suez route instead of sailing around Africa's Cape of Good Hope, the…
Saudi Arabia is moving rapidly to cement its position as the region's leading hub for venture capital. That ambition was reflected in a record 38 percent…
The slowdown recorded by official indicators in Saudi Arabia’s real estate market during the first half of this year did not surprise observers. Rather, it…