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…
Egypt's Minister of Trade and Industry Ahmed Samir asserted that Cairo supports establishing an internationally recognized African accreditation system as an…
Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz announced that the Kingdom is considering requesting a license for a Saudi nuclear power plant…
Iraq’s Investment Commission Says it Cooperates with Neighboring Countries to Improve Investment Law
The head of Iraq’s National Investment Commission, Suha Al-Najjar, said that her country was able to overcome current economic challenges thanks to the strong…
Saudi Arabia launched five new projects to produce electricity using renewable energy as part of the fourth phase of the Kingdom's National Renewable Energy…
Qatari telecoms company Ooredoo (ORDS.QA) is preparing for a sale of 20,000 of its towers, it said on Monday. Ooredoo might package the deal in more than…
United Arab Emirates President Sheikh Mohamed bin Zayed and German Chancellor Olaf Scholz witnessed on Sunday the signing of a new Energy Security and Industry…
France’s TotalEnergies has signed a $1.5 billion investment agreement in expanding Qatar’s natural gas production as Europe rushes to find new energy sources…
Saudi Arabia will invest 40 billion riyals ($10.6 billion) in developing local infrastructure projects, announced the Ministry of Municipal and Rural Affairs…
Flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, won the Skytrax Award as the Best Low-Cost Airline in the Middle East for…
The Saudi Future Investment Initiative Institute (FII) announced it concluded an agreement to boost the tourism sector. It organized the "Priority Summit" in…
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) revealed concluding a $3.8 billion strategic project to power and…
Egypt is earning about $500 million monthly from natural gas exports and aims to raise that figure to $1 billion “in the coming period,” Finance Minister…
Oil prices fell on Friday amid recession fears and a stronger US dollar, though losses were capped by supply concerns after Moscow's new mobilization campaign…
The Saudi Railways Company (SAR) concluded several agreements and memoranda of understanding with global partners to achieve the objectives of the national…
Türkiye’s currency fell to a record low against the dollar before a central bank meeting on interest rates Thursday. The lira traded at a low of 18.38…
Oil rebounded on Thursday after sliding 1% in the previous session as concerns over tight supplies heading into winter eclipsed fears of a global recession. …
Shareholders of Emaar Properties approved the acquisition of Dubai Creek Harbor from Dubai Holding, state news agency WAM reported. They also approved the…
The International Monetary Fund on Wednesday said the Lebanese government's slowness to implement desperately-needed reforms was exacerbating the country's…
The city of Jeddah, located on the western coast of Saudi Arabia, is preparing for a new phase of development, with the transformation of the city’s project…
President and CEO of Saudi Aramco, Amin bin Hassan Nasser, emphasized the need for a more reliable energy transition plan, in a keynote speech on Tuesday at…
A UAE minister said on Tuesday that the current global economic challenges underscore the strategic importance of developing more developmental solutions…
The World Bank on Monday urged five West African countries to diversify their economies to adapt to climate change, warning they are extremely vulnerable to…
Experts and economists agreed that the Central Bank of Egypt (CBE) will raise interest rates during its meeting on Thursday but did not agree on the rate hike…
Oil jumped more than 2% on Wednesday after Russian President Vladimir Putin announced a partial military mobilization, escalating the war in Ukraine and…