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…
Oil prices rebounded on Thursday amid optimism over China's easing of anti-COVID measures, recouping losses after slumping to the lowest levels so far this…
Saudi and Chinese companies have signed 34 investment agreements within the framework of the visit of Chinese President Xi Jinping to the Kingdom. The…
Saudi Minister of Energy Prince Abdulaziz bin Salman described the Arab Gulf countries as a land of opportunities and ambitions, stressing the role of young…
The Saudi cabinet is expected to approve the news state budget on Wednesday. Experts told Asharq Al-Awsat the budget would reflect the start of a new…
Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US…
Egypt's purchasing managers' index (PMI) declined significantly, from 47.7 points in October to 45.4 points last November, to record the second-lowest reading…
Aramco announced that Saudi Arabia has dropped the January official selling price (OSP) for its flagship Arab Light crude for Asian buyers to a 10-month low. …
Oil rebounded on Tuesday after plunging by more than 3% in the previous session, as the implementation of sanctions on Russian seaborne crude oil eased…
Financial specialists attributed features of liquidity scarcity in the Saudi financial and banking sector to the effects of raising interest rates and…
The Saudi Local Content Coordination Council revealed that the value of opportunities that were developed and launched in the Kingdom during the past year,…
Jindal Shadeed Group announced that it selected Oman's Special Economic Zone at Duqm (SEZAD) to establish a manufacturing facility, slated to be the largest of…
Saudi Crown Prince and Prime Minister Mohammed bin Salman, the Chairman of the NEOM Company Board of Directors, has announced the development of Sindalah, the…
The Moroccan government signed a Memorandum of Understanding with the Cherif Phosphate Office (OCP) related to the new "green investment program." King…
Saudi Arabia's stock exchange said on Sunday it was launching a market-making framework for its stock and derivatives markets to help ensure liquidity and…
OPEC+ agreed to stick to its oil output targets at a meeting on Sunday. The Participating Countries reiterated their readiness to meet at any time and take…
Iraqi oil minister Hayan Abdel-Ghani stressed OPEC members are committed to the agreed production rates until the end of 2023, a ministry statement said on…
The Aseer Investment Forum kicked off on Saturday in southern Saudi Arabia, to promote investments and highlight the opportunities available in this particular…
Saudi oil giant Aramco's base oil subsidiary Luberef expects to raise up to 4.95 billion riyals ($1.32 billion) from its initial public offering, it said, if…
The United Nations food agency's global price index remained stable in November amid decline in international prices of cereals, meat and dairy products driven…
European countries agreed to cap Russian oil price at $60 per barrel to further weaken Moscow's ability to finance its war in Ukraine. With this…
Rita Marques, secretary of state for Tourism of Portugal, revealed that her country is eyeing the conclusion of an agreement with Saudi Arabia in the field of…
Federation of Saudi Chambers hosted a delegation of 18 French companies specialized in security and defense-related fields to discuss cooperation, partnership,…
The Saudi Public Investment Fund announced on Thursday the establishment of Aseer Investment Company (AIC) to operate as its investment arm in the Aseer region…
The world will need to increase the production of some types of minerals by 500% to meet the future demand for clean energy, according to Saudi Vice Minister…