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…
Aramco announced on Thursday the launch of a new program, “Taleed”, which aims to accelerate the growth of Small and Medium Enterprises (SMEs) in Saudi Arabia …
Türkiye’s central bank slashed its policy rate by a more-than-expected 150 basis points to 10.5% on Thursday, and promised to halt the easing cycle urged by…
Saudi ministers said that they were working together to advance the industrial sector and achieve the goals of the National Industrial Strategy, which was…
Saudi Arabia’s Crown Prince Mohammed bin Salman has introduced a new National Industry Strategy (NIS) that aims to triple industrial output and increase the…
Oil prices gained around $1 on Thursday as investor sentiment rose on news that China is considering a cut in the duration of quarantine for inbound visitors. …
Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef affirmed on Wednesday that the National Industrial Strategy (NIS) is an essential tool for…
US Joe Biden announced the release of 15 million barrels of oil from the US strategic reserve Wednesday as his administration seeks to lower prices ahead of…
UAE's Mubadala Investment Company has acquired a stake in Skyborn Renewables, the world’s largest private offshore wind developer, alongside Global…
The Saudi Ports Authority (Mawani) has announced the addition Aladin Express DMCC's shipping service, Gulf-India Express 2 (GIX2), to King Abdulaziz Port in…
Dubai-listed courier firm Aramex said on Wednesday it had bought Florida-based e-commerce company Access USA Shipping LLC (MyUS) for about $265 million in an…
Standard Chartered Bank announced $566.4 million in financing, in cooperation with the Sumitomo Mitsui Banking Corporation, for Saudi Electricity Company (SEC)…
QatarEnergy is working on expanding its gas production and trading operations as global demand surges and will not divert liquefied natural gas (LNG)…
The Organization of the Petroleum Exporting Countries (OPEC) Secretary-General Haitham al-Ghais said on Tuesday that OPEC+ alliance took an unanimous decision…
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz launched the National Strategy for Industry, which aims to promote industry and attract investment,…
As part of Saudi Arabia’s endeavor to support, strengthen and develop the local industry for the production of water valves, the National Water Company (NWC)…
Malaysia has said a decision by OPEC+ member states to cut oil production was unanimous, and made after taking into account the need to address market…
Qatar inaugurated Tuesday its first solar power plant stretching across the desert, a vast site planned to provide up to 10 percent of the Gulf nation's energy…
The sixth edition of the Future Investment Initiative (FII) conference will be held in Riyadh on Oct. 25-27, under the slogan “Investing in Humanity - Enabling…
Oil prices edged lower on Tuesday on fears of an economic slowdown and lower fuel demand from China as it persists with its stringent zero-COVID policy. …
Saudi Arabia and Yemen are strengthening investment and economic cooperation by building partnerships between their private sectors to seize available…
Egypt confirmed its commitment and readiness to pump natural gas "immediately" to Lebanon as soon as the procedures related to the start of exporting and…
Saudi Arabia’s crude oil exports hit a more than two-year high of 7.6 million barrels per day in August, according to data from the Joint Organization Data…
The real GDP growth projections of the Saudi economy are expected to reach 9.9 percent this year, and six percent in 2023, recording the highest growth rate…
The pound surged against the dollar Monday as Britain's fourth finance minister in as many months sensationally ripped up a tax-cutting budget that had spooked…