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…
Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears…
The Saudi Development Fund informed the private sector about tenders for the establishment of the Technical University and the Kailahun District in Sierra…
In conjunction with the launch of the Saudi-Thai Business Forum on Wednesday in Bangkok, businessmen in the two countries underlined the need to accelerate the…
Egypt’s non-oil private sector economy had its worst performance in two years as demand slumped after a sharp spike in prices and the pound’s devaluation while…
Abu Dhabi Ports Group launched a joint venture with SEG, one of Uzbekistan's largest oil and gas companies, to open new logistics and freight businesses. …
Kuwait Finance House (KFH) announced receiving the central bank's approval to acquire Bahrain's Ahli United Bank (AUB) fully. A KFH disclosure on the Kuwait…
Crude extended the week's losses Thursday, while the euro struggled to recover from 20-year lows and equities were mixed as recession fears continued to cast a…
Saudi Arabia is carrying on with its economic reform process to achieve economic sustainability and mitigate the effect of global economic changes and…
Saudi Minister of Commerce Majid al-Qasabi revealed on Tuesday several plans to implement the directives of Crown Prince Mohammed bin Salman to ensure…
Northern Trust has announced that it has been appointed by the Arab Fund for Economic and Social Development (AFESD) to provide a range of asset servicing…
OPEC's Secretary-General Mohammad Barkindo has died, Mele Kyari, the chief executive of Nigerian National Petroleum Corp said on Wednesday. Barkindo, who…
Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session,…
QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas …
Saudi Aramco announced on Tuesday a major expansion of its Namaat industrial investment programs, with 55 agreements and Memoranda of Understanding (MoUs)…
The United Arab Emirates is doubling the financial support it provides for low-income Emirati families to AED28 billion ($7.6 billion) to help them with…
The comprehensive economic partnership agreements (CEPA) signed between the UAE, India, Israel, and Indonesia in the first half of 2022 will help the national…
Emirati digital banking start-up Zand, which provides retail and corporate services, said on Tuesday it had been granted a banking license from the Central…
Riyadh Airports Company inaugurated an advanced airport operations control center at King Khalid International Airport to boost efficiency and sustainability…
"Business is back", exclaims Abdullah Mekhlafi at the shop where he sells prayer mats in Islam's holiest city, which is preparing for the biggest influx of…
Gold has topped Sudan’s foreign trade exports in Q2 2022. The value of its export revenues amounted to more than half the value of all other Sudanese…
The United Arab Emirates approved on Sunday 22 policies aimed at expediting the country’s transition to a circular economy. The Circular Economy Council…
Egypt's Minister of International Cooperation Rania al-Mashat said that climate action had become a top concern for world governments and the international…
Saudi Arabia developed seven steps and solutions to promote small and medium enterprises (SMEs) in the culture, entertainment, and sports sectors, after…
Egypt's Suez Canal Authority announced Monday an all-time revenue record, earning $7 billion during the last fiscal year following a series of toll hikes for…