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…
The Saudi Central Bank (SAMA) on Wednesday announced that it has updated the Framework of its Regulatory Sandbox. The move is part of its efforts to achieve…
Qatar announced Wednesday that it will build the world's biggest plant making blue ammonia -- one of the new fuels being touted as a cleaner energy source. …
Japan will consider financial assistance to Tunisia once a deal with the International Monetary Fund (IMF) is reached, head of the Japan International…
The value of the Saudi mineral wealth, estimated several years ago at about SR5 trillion, has doubled with the increase in the price of minerals, especially…
Egypt approved extraordinary measures aimed at facilitating the release of imports and easing measures on investors and importers to limit the continued rise…
Saudi Arabia directed the relevant public agencies to coordinate with the Non-Oil Revenue Development Center and the Ministry of Tourism before proposing any…
Oil prices recovered slightly on Wednesday as data pointed to firm fuel demand in the United States, providing respite after a 5% drop a day earlier on fear of…
Oil prices fell more than $7 a barrel on Tuesday, the steepest decline in about a month, on fears that an inflation-induced weakening of global economies would…
Iraq's oil exports are unaffected by the current political turmoil in the country, three sources told Reuters on Tuesday. Baghdad is seeing its worst…
Saudi Arabia is boosting its food security by allocating industrial land of more than 25,000 square meters in the second industrial city in Jeddah to the…
Industry investment should increase during the next two years, otherwise, the world risks a significant deficit of oil and gas supply by 2025 and beyond, found…
Saudi Arabia and Thailand signed in Riyadh on Monday five commercial agreements and established the Saudi-Thai Business Forum. Thai Deputy Prime Minister…
Egypt expects more progress on reducing its budget deficit this year and a foresees a decline in its debt ratio after currency devaluations caused it to rise…
Fifty-eight factories under the Saudi Authority for Industrial and Technology Zones (Modon) have passed the global Smart Industry Readiness Index (SIRI) that…
Preliminary data on Egypt’s manufacturing and extractive industries production showed that the sector grew by 6.56 percent on a month-on-month basis in June…
Since the beginning of the year through August 20, Tunisia's Ministry of Tourism and Handicrafts has reported an increase in returns of 80 percent, reaching 2…
The total assets of the Saudi Central Bank (SAMA) surpassed SR2 trillion (USD535 billion) in July, for the first time in five years. According to the data…
Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to support prices, coupled with conflict in Libya and rising demand amid…
Saudi Arabia is preparing to host the second Global Artificial Intelligence Summit from Sept. 13 to 15 in Riyadh. The summit, entitled “Artificial…
Saudi Arabia is reaping the fruits of success after implementing transparent economic and financial policies, good management of the coronavirus crisis and…
Egypt’s Finance Minister Mohammed Maait stressed that his country was capable of handling with flexibility the rapid global economic changes that are directly…
Saudi Arabia was the world’s top exporter of dates in 2021, revealed Trendmap. The Kingdom topped a list of 113 export countries, reaping 1.215 billion…
Japan has granted Tunisia $100 million in aid to fight the impact of the COVID-19 pandemic, Tunisia's state news agency TAP reported on Saturday, citing…
South Korea signed a $2.2 billion deal with Russia’s state-owned Rosatom to provide buildings and components for a new Egyptian nuclear plant. S. Korea…