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…
Dr. Sultan Al Jaber, COP28 UAE President-Designate, emphasized the need to mobilize resources and partnerships toward a bold and transformative approach to…
Oman and Etihad Rail Company signed an agreement with Mubadala Investment Company to support the development of the 303km railway network, which connects Oman…
The Saudi Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved the framework for granting incentives for the localization of priority goods and…
An Egyptian delegation including senior executives from the Financial Regulatory Authority, Central Bank of Egypt (CBE) and Egyptian Exchange (EGX), have met…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef called on the industrial business sector to take advantage of opportunities available in the…
The General Authority for Statistics (GASTAT) has said that the value of exports of goods in Saudi Arabia during December 2022 amounted to SAR108 billion, an…
Decisions by OPEC+ are not politicized and are based on market fundamentals, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Monday, adding…
UAE's Tawazun Council signed 11 deals worth $1.2 billion with local and international companies at the International Defense Exhibition (IDEX) and the Naval…
Egypt's Suez Canal Economic Zone is in negotiations with Chinese companies to implement investment projects worth $5 billion, according to an official…
As Saudi Arabia continues to push for energy efficiency, rationalization of consumption, and adherence to sustainability standards, the Saudi Ministry of…
For three years now, energy security has been the most prevalent issue for the global economy. The world blames the high prices of oil and gas and accuses the…
Middle East and North Africa (MENA) countries should follow the lead of Saudi Arabia, the United Arab Emirates, and the Gulf states in economic reforms, said…
Algerian President Abdelmadjid Tebboune said Sunday the North African nation will allocate a billion dollars to finance development projects across the…
Saudi Arabia’s recent announcement that it was sending two Saudi astronauts to the International Space Station (ISS) has kicked off talks about the Kingdom’s…
Algeria is currently planning to establish a base for economic and investment cooperation with the Kingdom of Saudi Arabia, an Algerian diplomat told Asharq Al…
ADNOC has announced plan to float a 4% minority stake in ADNOC Gas on the Abu Dhabi Securities Exchange (ADX). The offering is expected to open on 23rd…
Saudi Arabia’s Tanmiah Food Co. announced on Thursday a plan to invest SAR 4.5 billion ($1.2 billion) by 2030 to cover 80% of poultry needs locally by 2025 and…
Saudi Energy Minister Prince Abdulaziz bin Salman said the current OPEC+ deal on oil output would be locked in until the end of the year. In an interview…
Saudi Minister of Economy and Planning Faisal bin Fadhil Alibrahim has met with Dimitri Kerkentzes, the Secretary General of the Bureau International Des…
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of the National Development Fund (NDF),…
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Minister of Defense, and Chairman of the New Murabba Development Company (NMDC)…
The Saudi Ports Authority (Mawani) and Maersk announced on Wednesday the launching of the biggest comprehensive logistics zone in the Middle East at the Jeddah…
Saudi Arabia's annual inflation inched up to 3.4% in January from 3.3% a month earlier as higher housing expenses continued to drive up living costs,…
Egypt’s Suez Canal Authority said it will amend a surcharge on loaded crude oil tankers to 25% of normal transit dues and on empty crude oil tankers to 15% of…