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…
Egyptian President Abdel Fattah al-Sisi discussed with Prime Minister Mostafa Madbouly and Minister of Electricity and Renewable Energy Mohamed Shaker the…
Egypt's pound fell about 3% to 23.8 against the dollar as trading resumed on Sunday, Refinitiv data showed, after authorities committed to a flexible exchange…
Saudi Arabia is planning to auction five new mining exploration licenses with copper, zinc, lead and iron deposits for local and international investors in…
The net profit of Saudi Basic Industries Corporation (SABIC) fell by 67.14% in the third quarter of 2022, reaching almost 1.84 billion riyals, compared to a…
Saudi Arabia's Ministry of Industry and Mineral Resources announced that a consortium consisting of Saudi Arabian Mining Co. (Maaden) and Barrick Gold T7 Ltd…
The Saudi Public Investment Fund’s (PIF) strategy focuses on achieving economic impact through operable sectors, said Abdullah Alsalem, PIF’s head of strategy…
A Saudi delegation headed by Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef is scheduled to visit Australia to discuss with…
Egyptian President Abdel-Fattah el-Sisi ordered the government to grant a “golden license” to all investors applicants for three months, to facilitate…
Tunisia will soon enact difficult economic reforms that have been delayed for years, the central bank governor said on Saturday, adding that financial…
President of Boeing International Sir Michael Arthur said that the aviation industry was recovering and in good condition, stressing its vitality for the…
Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz reiterated on Friday the need to increase the stability of the global oil market, during a…
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman and Pakistan's Finance Minister Ishaq Dar held on Thursday the first meeting of the Saudi-Pakistani…
Türkiye’s central bank raised its projection for year-end inflation by nearly five percentage points, citing the higher costs of energy and other imports. …
Oil prices fell on Friday after China, the world's top crude oil importer, widened its COVID-19 curbs, but were poised for a weekly gain on supply concerns…
The third and final day of the 6th edition of the Future Investment Initiative (FII) forum embarked on its activities with a session titled “Transforming…
Chief Executive Officer (CEO) of Saudi Arabia’s Tourism Development Fund Qusai bin Abdullah AI-Fakhri affirmed on Thursday that the Kingdom is significantly…
Egypt's pound slid about 14.5% to a record low against the dollar on Thursday as authorities announced a $3 billion International Monetary Fund deal with a…
Saudi Aramco announced on Wednesday the creation of a $1.5 billion sustainability fund to invest in technology to support a stable and comprehensive energy…
Credit Suisse announced a radical series of measures Thursday aimed at turning around the beleaguered bank following huge third quarter losses, including…
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef has revealed that the Kingdom intends to double industrial exports by 2030 and…
Saudi Arabian Airlines (Saudia) has signed an agreement with German air taxi developer Lilium to buy up to 100 of its aircraft for use on Saudia's domestic…
Saudi Crown Prince Mohammed bin Salman, Prime Minister, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund,…
As the ongoing Future Investment Initiative forum in Riyadh is discussing ways to address the turbulent conditions and the immediate economic pressures in the…
Saudi Arabia has topped the G20 countries, which include the G20 economy, emerging market economies, and developing economies, at the level of economic…