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…
Saudi Aramco, in collaboration with international partners, is establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase…
Hotel Development, the NEOM division responsible for building a future-centric hospitality ecosystem in the northwest corner of Saudi Arabia, has signed its…
A Saudi-South African roundtable meeting was held Sunday in the Saudi city of Jeddah. The meeting aimed at promoting investment relations, bolstering…
The Saudi government on Sunday launched a novel economic analysis index, known as MEPX, to monitor the performance of the Kingdom’s private sector. MEPX is…
Supporting the Kingdom’s ambitions for becoming a global destination for logistics services, the Supply Chain Conference held in Riyadh witnessed the signing…
Abu Dhabi sovereign wealth fund ADQ said on Monday it had made an offer to take a controlling stake in Abu Dhabi Aviation and merge the helicopter operator…
OPEC+ member states lined up on Sunday to endorse the production cut agreed this month after the US had accused Riyadh of coercing some other nations into…
Oil prices rose on Monday after China rolled over liquidity measures to help its pandemic-hit economy, igniting hopes for a better fuel demand outlook from the…
Mobile telecommunications company Zain Saudi Arabia said on Sunday it had transferred ownership of its unit Zain Business Limited to the Public Investment Fund…
Riyadh is scheduled to host on Tuesday the third edition of the Gulf Entrepreneurs Forum, organized by the Small and Medium Enterprises General Authority …
The Ministry of Economy and Planning launched on Sunday a novel economic analysis index, known as MEPX, to monitor the performance of the Kingdom’s private…
The Lebanese pound has sunk to a historic low against the US dollar, trading at LBP 40,000 to the dollar on the parallel market. Lebanon’s cost of living index…
Saudi Arabia’s Exports Development Authority revealed on Saturday that 50 of the Kingdom’s food sector companies are participating in the SIAL Paris 2022 Food…
Sakani, a Saudi program concerned with housing, has said that 130,400 Saudi families owned their first homes during the first nine months of 2022. Sakani…
The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Ali bin Sabt, said the OPEC+ decision to cut oil production is correct…
The International Monetary Fund (IMF) and the Egyptian authorities have agreed to finalize work to reach a staff-level agreement ‘very soon’, the multilateral…
The International Monetary Fund and the Tunisian government have reached a tentative agreement to unblock a $1.9 billion loan as the country faces grave…
Eng. Muhammad Alshaalan, CEO of the Imam Turki Bin Abdullah Royal Nature Reserve Development Authority, revealed efforts to engage the private sector in the…
Saudi Finance Minister Mohammad Al-Jadaan said that he had emphasized the need to protect supply chains from any future disruptions during his participation in…
The United Arab Emirates’ Economy Minister, Abdullah bin Touq al-Marri, said the SMEs account for 95 percent of the overall operating companies in the country…
The Middle East is projected to grow at five percent this year, up from 4.1 percent in 2021. However, it will slow next year to 3.6 percent due to the…
The first round of negotiations on a free trade agreement (FTA) between the United Kingdom (UK) and the Gulf Cooperation Council (GCC) for Arab States was held…
Saudi Arabia's inflation rose to 3.1% in September, driven mainly by higher food prices, rents, and the rising cost of utilities, the General Authority for…
Eng. Abdulmohsen Al-Mezayani, head of the National Committee for Feed Manufacturers in the Federation of Saudi Chambers, said that local companies produce…