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…
Türkiye’s Treasury and Finance Minister Nureddin Nebati told businesses on Friday they should not be concerned by the threat of sanctions that Washington warns…
A statement by Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman on balancing oil markets has been met by a flurry of support by OPEC+ member states. …
UAE’s Emaar Malls Management, a wholly-owned subsidiary of Emaar Properties, and Noon AD Holdings announced Thursday that they have entered into definitive…
The general indicator of the Digital Experience Maturity Index of Saudi government services recorded 77.26 percent at the professional level. Five platforms…
Egypt's economy grew 6.6 percent during the fiscal year 2021/2022, compared to a growth rate of 3.3 percent in the previous year, announced the Minister of…
Saudi Arabia launched 20 new routes linking the Kingdom to new cities in Europe through Wizz Air, Europe's fastest-growing airline. The airline will…
Egypt's central bank on Thursday increased the maximum amount of cash customers are allowed to withdraw from their bank accounts and removed restrictions on…
Egypt’s Finance Minister Mohamed Maait called for maximizing cooperation efforts and joint work with Jordan to overcome obstacles and revitalize intra-trade…
The value of non-oil exports (including re-exports) during June 2022 reached SR30 billion, compared to SR24 billion during June 2021, with an increase of SR6…
The UAE-based healthcare provider Burjeel Holdings signed on Wednesday a memorandum of understanding (MoU) with the Saudi Ministry of Investment that includes…
Asian markets rose Thursday after China unveiled fresh measures to boost its economy, while investors awaited a speech by the Fed chair that may hold clues…
Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the…
The National Cybersecurity Authority (NCA) is working to accelerate the Kingdom’s entrepreneurship system and encourage innovation, as part of the CyberIC…
It was meant to be Europe's stellar year. A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help…
The Central Bank of Egypt (CBE) said that the Egyptian remittances increased 1.6% to about $31.9 billion during fiscal year (FY) 2021/22, compared to about $31…
Oil prices fell on Wednesday, taking a breather from a near 4% surge the previous day, on receding fears of an imminent output cut by the Organization of the…
Egypt's state grains buyer directly purchased 240,000 tons of Russian wheat on Monday, the supply ministry said in a statement to Reuters, continuing its…
Saudi Arabia’s Ministry of Industry and Mineral Resources has announced the launch of a tender for the exploration of gypsum ore in the Al-Qasab wells in…
A windfall of foreign funds arriving in Türkiye and sustained interest in a state-backed deposit scheme have brought some relief for President Tayyip Erdogan's…
Asian markets fell again Tuesday and the dollar held gains as traders grow increasingly worried that the Federal Reserve will continue to ramp up interest…
Saudi Energy Minister Prince Abdulaziz bin Salman has said a new deal between OPEC+ partners beyond 2022 would be agreed. “The paper and physical markets…
Egypt's supply minister said on Monday an agreement to buy wheat from India still stood despite recent curbs on Indian exports, although the grain had not yet…
Saudi Arabia’s Ministry of Energy, in cooperation with the concerned government agencies and in integration with the private sector, launched on Sunday the…
Energy companies TotalEnergies and ENI announced a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. Cronos-1 encountered several…