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 United Arab Emirates, represented by the Ministry of Finance as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and…
Remittances from Moroccan expats hit a record high at 93.7 billion dirhams ($9.37 billion) in 2021, up 37.5% compared to 2020, Bank Al Maghrib’s (BAM) annual…
The central Saudi Stock Exchange Market (Tadawul) continued to record weekly and daily gains, as the general index’s Monday transactions showed a 1.2 percent…
The Research, Development and Innovation Development Authority, which was established in June 2021, is holding successive workshops to develop the national…
With the qualitative leap that Saudi Arabia has achieved at the global economic level, the real estate sector is expected to lead one of the engines of the…
Saudi Aramco announced on Monday the signing of an equity purchase agreement to acquire Valvoline Inc. global products business (“Valvoline Global Products” or…
Saudi Minister of Environment, Water and Agriculture Abdulrahman al-Fadley announced the allocation of SAR105 billion ($28 billion) for water projects within…
Kuwait’s Haitham Al-Ghais assumed on Monday his new role as Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), following the late…
The Saudi General Authority for Statistics (GASTAT) revealed on Sunday that the Kingdom’s real gross domestic product (GDP) jumped by 11.8 % year-on-year (YoY)…
Oil prices dropped on Monday, as weak manufacturing data from China and Japan for July weighed on the outlook for demand, while investors braced for this week…
The two largest US oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue in Q2 2022 on Friday. With crude surging above $100 a barrel…
CEO of Saudi Arabia's Real Estate General Authority (REGA) Abdallah al-Hammad said the adoption of the brokerage law will help create an attractive competitive…
The Saudi private sector plans to explore investment opportunities in the agricultural sector in 10 Arab countries, including Saudi Arabia, official data…
Saudi Arabia's gross domestic product rose by 11.8% in the second quarter compared with the same period in 2021, according to initial government estimates on…
Hazem Ajjan, director of the industrial city in Sheikh Najjar in northern Syria, called Saturday on Syrian expatriates to invest in the industrial city in…
The two-day MENA Attractions & Destinations Forum 2022 is scheduled to be held on September 28 in Dubai to explore upcoming cultural and leisure projects, and…
Moroccan Minister of Industry and Trade Ryad Mezzour said that his country was working to provide the United Kingdom with 8% of its total electrical needs,…
Abu Dhabi National Oil Company (ADNOC) revealed on Friday a second discovery of natural gas resources in the first exploration well in Abu Dhabi's Offshore…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz met in Riyadh on Friday with Russia's Deputy Prime Minister Alexander Novak, the Saudi Press…
Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices driven partly by Russia's war in…
Abu Dhabi National Oil Company (ADNOC) Distribution agreed with "TotalEnergies Marketing Afrique SAS" to acquire a 50 percent stake in TotalEnergies Egypt for…
Algeria, Nigeria and Niger have signed a memorandum of understanding to build a natural gas pipeline across the Sahara Desert, Algeria's energy minister…
The US economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be…
Egypt’s Finance Minister Mohamed Maait called on the global insurance industry to actively contribute to Africa’s transformation into a green economy. He…