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…
Morocco’s Ministry of Economy and Finance said Monday that the situation of the Moroccan Treasury's expenses and resources indicated a budget deficit of 30.4…
Merits of using digital currencies in cross-border payments, specifically inter-Arab payments, were discussed on Monday by governors of Arab banks at a…
The United States-based aviation giant, Boeing, forecasted that airline fleets will nearly double by 2041. Middle Eastern carriers have successfully managed…
Turkish President Tayyip Erdogan said inflation is not an "insurmountable economic threat," adding it will begin to fall at the end of the year after it surged…
The gas crisis in Europe has worsened as a result of Russia’s war on Ukraine, turning the attention to the project to transport Nigeria's gas to Europe via…
The main Saudi Stock Exchange (Tadawul) continued its sharp decline, dropping 1.1 percent, closing Monday at 11,446 points, with a loss of 126 points, touching…
Egypt’s oil refining system is being linked into a unified network through the Egyptian General Petroleum Corporation (EGPC) that will be managed online,…
Saudi ports will require transport companies for adequate means of transport to speed up the loading and handling work, sources informed Asharq Al-Awsat. …
The Saudi General Authority for Competition unveiled a joint project between Sami Defense Systems LLC and British MBDA for the development of defensive systems…
Saudi Arabia increased its holdings of US Treasury bonds in July for the second month in a row, achieving the highest level since September 2021. Monthly…
Egypt's Minister of Petroleum and Mineral Resources Tarek el-Molla chaired on Sunday the meetings of the general assemblies of public sector oil companies, via…
Oman’s Ministry of Commerce, Industry and Investment Promotion announced a ban on the import of plastic bags, effective January 1, 2023. Eng. Sami Salim…
Governors of Arab central banks and monetary institutions announced that central banks in the region have maintained capital and liquidity adequacy above the…
Syria's central bank has weakened its official exchange rate to 3,015 Syrian pounds to the dollar, a central bank statement said on Monday, while black market…
Minister of Oil and Gas in the interim Libyan Government of National Unity (GNU), Mohamed Aoun rejected local and foreign calls to distribute the country’s oil…
Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth will slow, though supply worries ahead of the European Union…
Banyan Tree launches its first property in historical AlUla in Saudi Arabia, ush-ering in the Group’s debut in the Kingdom. AlUla is attracting the attention…
Standard & Poor's (S&P's) Global Rating agency updated its outlook for Saudi Arabia to positive and upgraded its short and long term foreign and local currency…
Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the Canal Authority's Chairman Osama Rabie said on Saturday. Transit…
The state-owned Kuwait oil company aims to increase natural gas production to meet local demand, the company's acting chief executive officer Khaled Nayef Al…
Tunisia said on Saturday it is raising the price of cooking gas cylinders by 14% and fuel by 3% as part of a plan to reduce energy subsidies, a policy change…
Major international companies intend to invest in artificial intelligence and robotics in Saudi Arabia, senior investors told Asharq Al-Awsat. AI Investor…
Tunisia hopes to reach an agreement with the International Monetary Fund by the end of October, the government's spokesperson said on Friday, after a wage deal…
The United Nations World Food Program (WFP) estimates that the global food crisis has pushed an additional 23 million under-18s into acute food insecurity…