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…
Kuwait's ambassador to Jordan Aziz Al-Daihani revealed on Saturday that Kuwait is the first investor in Jordan with investments worth 5.5 billion Kuwaiti…
Saudi Arabia and Morocco signed on Friday a memorandum of understanding to promote cooperation in tourism and coordinate efforts to achieve sustainable…
Saudi Arabia and Iraq have agreed to complete work on a number of important joint projects in the fields of gas, petrochemicals, electricity and renewable…
The UAE revealed eight national projects and initiatives as part of the outcomes of the annual meetings of the UAE government, which were held this week in the…
The Saudi General Authority for Statistics (GASTAT) revealed on Thursday that Saudi non-oil exports grew during the third quarter of 2022 by 13%, while they…
Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on…
Saudi Energy Minister Prince Abdulaziz bin Salman and his Iraqi counterpart Hayan Abdel-Ghani stressed on Thursday the importance of adhering to OPEC+ output…
Additional restrictions imposed on Palestinian development in Israeli-controlled parts of the West Bank cost the Palestinian economy an estimated $50 billion…
Saudi Minister of Energy Prince Abdulaziz bin Salman said on Wednesday that the petrochemical sector was rapidly growing in demand for oil globally, stressing…
Senior Saudi government officials revealed serious trends towards activating development, innovation and research within the framework of the country’s…
Saudi Arabia’s ACWA Power and Indonesia’s Pertamina New & Renewable Energy have signed a joint development agreement (JDA) to develop the core utilities supply…
Saudi Arabia announced on Tuesday that it will host, for the first time, the 22nd edition of the World Travel & Tourism Council (WTTC) Global Summit, which…
A Malaysian diplomat revealed that discussions with Saudi Arabia were underway to finalize nine memoranda of understanding to enhance bilateral cooperation. …
Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for…
Saudi Aramco signed on Tuesday 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, with potential to create 5,000 new jobs in…
The Saudi Ministry of Environment, Water and Agriculture revealed progress in self-sufficiency in fish production, as it aims to increase the per capita fish…
International financial institutions stand out in times of crises, such as recession and inflation the global economy is now facing. These problems emerged…
The International Monetary Fund and South Sudan have reached a staff-level agreement for the release of about $112.7 million in emergency financing, the fund…
Lebanon's central bank will adopt an exchange rate of 15,000 Lebanese pounds per US dollar as of Feb. 1 as part of a process to unify the country's multiple…
Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to balance the market amid falling prices, denying a…
Oman's producer price index for the third quarter of 2022 posted an increase of 36.6 percent, compared to the corresponding period in 2021, according to the…
Qatar’s Industrial Production Index (IPI) increased by 4.9 percent this September compared to the corresponding month in 2021, reaching 102.4 points. …
The Saudi Ministry of Environment, Water and Agriculture revealed on Sunday the establishment of a portfolio aimed at achieving water and food security and…
International Cooperation Minister Rania Al-Mashat said that Egypt's most important success in hosting the COP27 climate conference was directing the world’s…