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 Minister of Industry and Mineral Resources, Chairman of the Manufacturing Vaccines and Vital Medicines Committee, Bandar bin Ibrahim Alkhorayef announced…
E-commerce websites and billers' websites affiliated to the Interbank Electronic Banking Center (CMI) have carried out 6.3 million online payment transactions…
Abu Dhabi National Energy Company (TAQA) has made a secondary listing of nine bonds valued at $8.25 billion on Abu Dhabi Securities Exchange (ADX). The…
Oil prices edged higher amid a volatile trading session on Friday, as supply uncertainty outweighed fears of slower demand from cooling US economic activity. …
Stocks rose in Asia on Friday following another rally on Wall Street as investors try to process central bank moves to fight soaring inflation with the growing…
Saudi and Turkish businessmen have discussed broader horizons in strategic areas and vital economic sectors, revealing plans to access the Saudi market through…
Several Saudi businessmen said that the measures Egypt has taken to improve the investment climate and remove obstacles for investors increase the…
The International Monetary Fund (IMF) has highlighted solid indicators for the Saudi economy, expecting a 7.6 percent overall GDP growth in 2022. Non-oil…
The International Monetary Fund is set to begin formal talks on a new financial aid package for Tunisia, to help the North African nation deal with the dire…
Asian markets struggled Thursday to recover from the previous day's battering, while oil extended losses, after Federal Reserve boss Jerome Powell admitted the…
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef has met in London with Secretary of State for Business, Energy and Industrial…
Oil prices continued to pull back on Thursday, dropping more than 2% as investors recalibrated assessments of recession risks and fuel demand amid interest…
The Lebanese banks association ABL said on Wednesday it does not oppose an April draft deal between the government and the IMF, and sees an agreement with the…
The Kuwait Investment Authority (KIA) is waiting for a further expected decline in global markets before deploying investments and believes that will be by the…
Britain will launch talks over a new free trade deal with six Gulf States in Riyadh on Wednesday. Trade Secretary Anne-Marie Trevelyan will visit Riyadh…
UAE's Minister of Industry and Advanced Technology Sultan al-Jaber said that the COVID-19 pandemic and recent geopolitical challenges disrupted supply chains…
A team from US-based auditor Alvarez and Marsal (A&M) will arrive in Lebanon on June 27 and begin a long-delayed forensic audit of the country's central bank,…
Morocco's Minister of Commerce and Industry Ryad Mezzour urged Spanish investors to seize opportunities to invest in the Dakhla-Oued Eddahab region. "You…
Emir of Qatar Sheikh Tamim bin Hamad Al Thani warned on Tuesday of a wave of global economic stagnation and inflation that the world has not seen in 45 years,…
Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company have entered into binding agreements for TAQA…
The Saudi Shura Council has called on the Ministry of Commerce to cooperate with the relevant authorities, in order to develop the supervisory and procedural…
Saudi Arabia’s April crude exports rose to a two-year peak of 7.382 million barrels per day (bpd) in April from 7.235 million bpd in March, data from the Joint…
Egypt’s state-owned gas company and United States-based Chevron Corp signed on Monday a preliminary agreement to explore sending natural gas from offshore…
ValU, MENA’s leading Buy-Now, Pay-Later (BNPL) platform, announced that Fawaz Abdulaziz Alhokair, Salman Abdulaziz Alhokair, and Abdul Majeed Abdulaziz…