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 Khalifa Fund for Enterprise Development (KFED) and Kenya’s National Treasury & Planning Ministry have signed a AED 110 million ($30 million) financing…
The Saudi Exports Development Authority has signed joint cooperation agreements with the largest retail stores in the Kingdom with the aim of allocating to…
Kuwait’s Agility, (AGLT.KW) one of the largest Gulf logistics companies, said on Sunday it had signed a new credit facility of 1.4 billion euros. The…
Traffic passing through Egypt's Suez Canal on Saturday reached an all-time record per day in the canal's history with 89 ships carrying a total net tonnage of…
The United Arab Emirates intends to invest $1 billion in Pakistani companies across various sectors, the state news agency (WAM) reported citing an official…
Professor Tony Chan, President of King Abdullah University of Science and Technology (KAUST), revealed tangible success in transforming research and studies…
The Saudi Public Investment Fund (PIF) launched on Friday the Saudi Egyptian Investment Company (SEIC) to invest in promising sectors throughout Egypt, one of…
The Sudanese Importers Chamber announced the suspension of imports and the non-payment of any customs or tax duties to the state, for a period of three days…
The Saudi Ports Authority (MAWANI) has revealed a new set of regulations governing the activities of shipping agents in the Kingdom’s maritime sector, which…
In a performance that exceeded the targeted budget surplus for 2022, the Saudi Ministry of Finance disclosed on Thursday a record increase in revenues during…
Global oil prices dropped on Thursday to their lowest levels since before Russia's February invasion of Ukraine as traders fretted over the possibility of an…
Aramco and the SABIC Agri-Nutrients Company (“SABIC AN”), have obtained the world’s first independent certifications recognizing “blue” hydrogen and ammonia…
Saudi Arabia intends to offer and award more than 1.4 thousand projects with a total value exceeding 108 billion riyals ($28.8 billion), in the water…
Saudi Arabia’s non-oil private sector witnessed a rise in the number of customers, production and sales, which led to the fastest increase in the employment…
Aramco and China's oil refiner Sinopec signed a Memorandum of Understanding on Wednesday in Riyadh for multiple potential collaborations in Saudi Arabia. …
OPEC+ is set to raise its oil output goal by 100,000 barrels starting September. OPEC and its allies had been increasing production by about 430,000-650,000…
Oil prices rose on Thursday as supply concerns triggered a rebound from multi-month lows plumbed in the previous session after US data signaled weak fuel…
Egypt is seeking to become a regional hub for renewable energy, as part of its 2030 sustainable development strategy, especially in the field of green hydrogen…
Egypt’s Suez Canal revenue reached $704 million in July, Canal Authority Chairman Osama Rabea said on Tuesday. The figure represents a 32.4% increase from…
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira's continued weakness and global energy and commodity…
Oman’s Rakiza announced that it received a capital commitment of $299 million from the Saudi Public Investment Fund (PIF). Rakiza is a private equity…
The number of small and medium enterprises (SMEs) in Saudi Arabia increased by about 68 percent, reaching 752,500 during Q1 of 2022, in light of the incentives…
Saudi Arabia continued exerting efforts to attract investments and expand the local development project, announcing the establishment of two independent bodies…
The Egyptian pound plunged on Monday to a near all-time low of more than 19 to the dollar, in the world’s number one wheat importer where prices have soared. …