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…
Salik Company, Dubai’s exclusive road-toll operator, announced a plan to proceed with an initial public offering (IPO) and to list its ordinary shares for…
The Abu Dhabi National Oil Company (ADNOC) announced Monday awarding a AED2.01 billion ($548 million) contract to build a new main gas line at its Lower Zakum…
The estimated value of government competitions that meet the requirements of local content and localization amounted to $80 billion since the launch of…
Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting…
Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a…
The euro sank to a new 20-year low on Monday and below $0.99 after Russia's halt to gas supplies down its main pipeline to Europe heightened fears about a…
Dutch and British wholesale gas prices soared on Monday morning, reversing most of a downward trend seen the previous week, after Russian gas deliveries to…
Türkiye’s annual inflation passed 80% in August, according to official data on Monday, further hitting consumers facing high energy, food and housing costs. …
The Qatar Central Bank (QCB) issued treasury bills for September for three, six and nine months, with a value of QR 600 million ($163.6 million). In a…
Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a…
Oman started exporting the first shipment of ammonia, allowing the Gulf state to be part of the global ammonia market. On Sunday, the Global Integrated…
Saudi Arabia’s Public Investment Fund (PIF) has launched the National Real Estate Registration Services Co. to help regulate and develop the local real estate…
The Saudi Public Investment Fund (PIF) announced on Sunday the launch of the National Real Estate Registration Services Company (RER), to contribute to the…
Saudi Arabia is preparing to host the Hotel Show at Riyadh International Convention and Exhibition Center between September 6 and 8. Hospitality experts…
Like many people in crisis-hit Lebanon, Elias Skaff used to wait for hours to withdraw cash at the bank but now prefers money transfer companies as trust in…
Saudi Arabia’s new plan for regulating tourism visas, which includes 13 items, aligns with the Kingdom’s efforts to develop the tourism sector and the…
South Korea on Friday launched a council involving both government and private sectors meant to jointly seek ways to promote corporate advancement into the…
Eng. Abdullah Al-Swaha, Saudi Minister of Communications and Information Technology, said on Thursday the Kingdom has taken bold steps to support future…
The Saudi Real Estate Refinance Co. (SRC), a wholly-owned subsidiary of the Public Investment Fund (PIF), signed a joint cooperation agreement with Alinma Bank…
Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oil aimed at slashing revenues for Moscow's war in Ukraine while avoiding…
The Abu Dhabi National Oil Company (ADNOC) announced on Thursday that it had shipped its first ever shipment of low-carbon ammonia to Hamburg, Germany. …
Türkiye’s economy grew 7.6% year-on-year in Q2 2022 as expected, extending a hot streak on strong domestic demand and exports, according to new data on…
A recent survey commissioned by Zurich International Life (Zurich), part of Zurich Insurance Group, revealed that only 4 out of 10 parents in Saudi Arabia have…
The oil market is likely to have a surplus greater than forecast earlier this year amid pressures from rising energy costs and tightening monetary policy that…