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…
Saudi Vice-Minister for Mining Affairs Khalid Al-Mudaifer has predicted a fourfold increase in the demand for minerals used in clean energy technologies and…
The Aviation and Space Systems Sector, an affiliate of Saudi Arabian Military Industries (SAMI), signed on Monday a contract with Airbus Helicopters Arabia,…
The Saudi Ports Authority (Mawani) announced a 231% rise in mport volumes of empty containers by shipping lines between January and May 2022 compared to the…
Italian Prime Minister Mario Draghi held talks with Algeria’s president Monday to to boost gas deliveries and reduce Italy’s reliance on Russian supplies. …
The governments of France and the United Arab Emirates signed on Monday a strategic agreement to cooperate in the energy sector, the French government said. …
The Saudi industrial zones managed to attract local and international investments with areas exceeding half a million square meters, after launching a package…
Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID…
The Saudi Stock Exchange (Tadawul) announced on Sunday the launch of its first Shariah Compliant Index, the TASI Islamic Index. This comes in response to…
The tender to implement the first phase of the Jordan-Iraq power grid project will end on Monday. The project, scheduled to be completed by late 2022, will…
Egypt’s Finance Minister Mohamed Maait said his country is advancing in the optimal use of modern technology to ensure the speedy and accurate implementation…
Saudi Minister of Investment Engineer Khalid Al-Falih hailed the Jeddah Security and Development Summit that was held on Saturday. “These meetings come at…
The euro's plunge against the dollar, triggered by the Ukraine war and mounting risks to the EU economy, has driven the two currencies to parity for the first…
Saudi Arabia and the United States signed 18 partnership agreements in fields including energy, communications, space and healthcare during a visit by US…
In line with Vision 2030, Saudi Arabia is seeking to strengthen its international presence by attracting foreign capital for investment, obtaining tax…
Saudi Arabia and Iraq signed the executive report on the principles of the electricity interconnection agreement between the two countries implementing the…
Trade relations between the United States and Saudi Arabia recovered from the pandemic's low levels in 2020, recording high exchanges of oil and non-oil goods…
President Joe Biden’s visit to Saudi Arabia will likely raise the level of economic partnerships and increase bilateral trade and investments between the US…
Oil prices rose on Friday amid prospects of a less aggressive US rate hike, although worries about a recovery in demand capped gains. Brent crude futures…
Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports of India and local chemicals and…
Egypt raised on Wednesday its domestic fuel prices for the sixth time in a row along with the prices of diesel, which it has managed to sell at fixed price for…
Saudi industrial cities are witnessing tangible progress to become the preferred investment destination. During the past year, the Saudi Authority for…
Israel's inflation rate in June is expected to reach its highest level in nearly 14 years and maintain pressure on policymakers to keep raising interest rates…
Oil prices rose on Thursday, with Brent breaking above $100 a barrel, as investors weighed tight supplies against the prospect of a large US rate hike that…
Morocco’s Marrakech city is scheduled to host the US-Africa Business Summit 2022 between July 19 and 22. The event, which will be held under the…