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 Dubai International Financial Centre (DIFC) launched the DIFC Metaverse Platform in line with the Dubai Higher Committee for Future Technology and Digital…
Saudi Energy Minister Prince Abdulaziz bin Salman announced the Kingdom’s strategic plans to increase its production of oil, gas and clean energy. “We in…
The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of…
AlUla Development Company is launching operations to support the development of AlUla in Western Saudi Arabia. The company, which is wholly owned by the…
The Egyptian pound dipped to a new low Monday of just over 30 for $1, as the country continues to battle surging inflation and foreign currency shortages,…
Türkiye will hold a natural gas summit on Feb. 14-15 to bring together gas supplier countries and Europe's consumer countries in Istanbul, Turkish Energy…
Prince Faisal bin Nawaf bin Abdulaziz, governor of Al-Jouf region (northern Saudi Arabia), revealed efforts to provide innovative technical solutions for the…
Members of the Financial and Economic Cooperation Committee and the Trade Cooperation Committee of the GCC countries discussed the final report on the…
Saudi Arabia’s State Properties General Authority said that the state’s real estate rental law and its implementing regulations will enter into force, starting…
The exchange rate of the US dollar in Iraq continues to skyrocket as the country’s monetary authorities and government fail to curb the devaluation of the…
Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium…
QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese…
Sri Lanka’s Environment Minister Naseer Ahmed emphasized the presence of prospects for cooperation between Colombo and Riyadh in various fields, especially the…
Saudi officials reviewed the priorities of the G20 for the current year, which include supporting global economic growth in light of geopolitical tensions,…
As Khartoum and Riyadh prepare to raise the level of comprehensive bilateral cooperation, Sudanese Minister of Minerals Mohamed Bashir Abdullah revealed that…
The Ministry of Investment signed two memorandums of understanding with Boehringer Ingelheim Company and Saudi Novo Nordisk Trading Company and King Abdullah…
The Saudi Central Bank (SAMA) said that it expected the new project to regulate the banking system in the country to expand the definition of banking business,…
Mytheresa, one of the world’s largest online retailers, intends to expand its business by launching a digital platform in Saudi Arabia. Mytheresa CEO…
Participants in the Riyadh Global Biomedical Technology Summit underlined the need to launch an international coalition to work on the implementation of a set…
Oil prices edged ahead for a second session on Friday, buoyed by stronger-than-expected US economic growth and hopes of a rapid recovery in Chinese demand as…
NEOM will be a model for modern projects and cities that represent the focus of the new economy, said CEO Nadhmi Al-Nasr. It will do so by embracing many…
Egypt's economy will grow 4.8 percent in the current fiscal year, faster than predicted by the government, but will not meet government targets over the medium…
Terra Drone, the Japan-based leading drone service provider, has announced closing a $14 million bridge round led by Wa’ed Ventures, the Kingdom-focused…
The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped by consumption and business investment although recession…