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…
Islamic Development Bank (IsDB) Chairman Muhammed Al-Jasser on Friday stressed the importance of cooperation to provide innovative solutions through the…
Saudi petrochemical company SABIC has signed a joint development agreement with Saudi Aramco and PKN ORLEN, the largest energy group in Poland, to jointly…
GDP growth in the Gulf Cooperation Council (GCC) is expected to double this year, reaching 6.5 percent, a report issued by the International Monetary Fund (IMF…
Badeel has announced a partnership to establish the largest solar photovoltaic plant in the region, while Saudi Arabia’s Public Investment Fund (PIF)…
The 22nd Global Summit of the World Travel and Tourism Council (WTTC) concluded its work in Riyadh on Wednesday, with an initiative to launch a global tourism…
The Board of the Investment Corporation of Dubai (ICD) approved ICD’s consolidated financial results for the six months ended 30th June, 2022. The Board of…
Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz announced on Wednesday that Saudi Aramco has discovered two new unconventional natural gas…
Finance Minister Mohamad Al Ississ said on Wednesday that Jordan's draft 2023 budget forecasts 11.4 billion dinars ($16 billion) in state expenditure as the…
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, successfully closed three landmark transactions with Polish refiner and…
Saudi Arabia's private utility ACWA Power and a unit of the Public Investment Fund (PIF) on Wednesday signed agreements to develop the largest solar power…
More than 50 agreements and memorandums of understanding, with a value exceeding $50 billion, were signed on the sidelines of the Global Summit of the World…
King Abdullah University of Science and Technology (KAUST) announced on Tuesday that it signed a Memorandum of Understanding (MoU) with the Saudi Industrial…
Türkiye’s economy expanded 3.9% in the third quarter from a year ago, according to official data released on Wednesday, though growth slowed from the previous…
Egypt’s Finance Minister Mohamed Maait said that his country was opening its doors to Chinese investments, which have greatly increased over the past ten years…
The UAE is committed to remaining a responsible global energy provider and enabling a more sustainable future, announced President Sheikh Mohammed bin Zayed Al…
The 22nd edition of the World Travel and Tourism Council’s Global Summit, currently held in Riyadh, emphasized the need to draw a road map for a sustainable…
QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements to export liquefied natural gas (LNG) to Germany for at least 15 years from…
Egypt exported eight million tons of liquefied natural gas (LNG) this year, up from seven million in 2021, announced Minister of Petroleum and Mineral…
The Dubai Chambers has developed plans to establish new country-specific business councils operating in Dubai and expand their roles to support ongoing efforts…
Saudi Al-Ahli Tadawul announced a potential initial public offering (IPO) for one of Saudi Aramco's subsidiaries. Ahli Capital announced its capacity as…
The aggregate gross loans in the Gulf region reached a new record of $1.93 trillion, and the banking sector in the Gulf countries is witnessing the initial…
The World Travel & Tourism Council (WTTC) announced details of the many inspirational women in philanthropy, business and government who will take the stage…
The total assets of Oman’s Islamic banking sector, including Islamic banks and windows operating in the sultanate, jumped by 9.1 percent year-on-year to reach…
Jordanian Logistics Association (JLA) signed a memorandum of understanding (MoU) with Dubai Ports World (DP World) to promote interests of small and medium…