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…
A cost-of-living crisis sparked in part by higher fuel and food prices is expected to hit women the hardest, the World Economic Forum reported Wednesday,…
OPEC expects global oil demand to rise in 2023 but at a slower pace than 2022, the producer group said in its first forecast for next year, citing still robust…
Oil edged up on Wednesday, a day after it fell through $100 a barrel for the first time since April, while traders looked towards US inflation data that could…
The euro fell on Tuesday, almost touching parity with the dollar, a threshold not crossed for two decades, weighed down by the likelihood of recession…
The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a…
Egypt has managed to save EGP813 million ($42.4 million) annually by adopting measures to improve the energy efficiency in 31 petroleum companies. In a…
Michael Marshall, Chief Commercial Officer of Minor Hotels Group, revealed the imminent opening of the Anantara resort in Saudi Arabia, specifically in the…
French Ambassador to Saudi Arabia Ludovic Pouille said that his country was seeking to build a strategic partnership with the Kingdom that includes several…
IMF Managing Director Kristalina Georgieva is pushing China and other Group of 20 economies to speed up debt relief for a growing number of heavily indebted…
The Saudi industrial production index (IPI) increased in May by 24 percent compared to the same period last year, according to General Authority for Statistics…
Officials from the UAE and Egypt discussed joint manufacturing of cars that operate on alternative energy and dual power, one week after the visit of the UAE’s…
Russian gaz giant Gazprom begins 10 days of routine maintenance on its Nord Stream 1 pipeline on Monday -- with Germany and other European countries watching…
Oil prices fell around $1 on Monday in volatile trade, reversing some gains from the previous session, as worries about a recession and China's COVID-19 curbs…
A Thai official revealed his country’s efforts to build bilateral partnerships with Saudi Arabia to enhance food security, stressing that his country would…
The International Energy Forum (IEF) welcomed the European Parliament’s decision to include nuclear and natural gas in the EU classification of environmentally…
Morocco’s High Commission for Planning (HCP) carried out the Permanent Household Status Survey that revealed the household confidence index for Q2 2022…
Saudi Arabia continues to open communication channels with new regions and countries within its international economic openness framework. The Saudi…
Lebanon expects to receive one million tourists this summer, with 600,000 visitors already arriving in the country, caretaker Tourism Minister Walid Nassar…
Egypt registered a primary surplus of EGP98.5 billion ($5.23 billion) in the 2021/22 financial year to June 30, the country’s finance ministry said on Thursday…
Dubai Ruler Sheikh Mohammed bi Rashid Al Maktoum, UAE Vice President and Prime Minister, chaired the cabinet session held at Qasr Al Watan in Abu Dhabi on…
Oman's public revenues increased 49.9 percent by the end of May 2022, compared to the same period in 2021, to reach $13.8 billion compared to $9.2 billion in…
With inflation in Turkey galloping, the sheep Gul Er buys every year for the Muslim festival of sacrifice in Istanbul looks agonizingly out of reach. Prices…
Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up the tight global supply concerns against…
Asian markets rose Friday on easing recession fears, while there were growing hopes that Joe Biden will remove some Trump-era tariffs from Chinese goods. …