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…
Considering the growth of e-commerce and the desire to improve the mechanism of data collection related to the sector, Saudi authorities informed all banks in…
The Saudi Grains Organization (SAGO) awarded a contract to import 625,000 tons of wheat from Europe, North and South America, and Australia. SAGO Governor…
Credit rating firm Moody's will formally shut its office in Russia's capital Moscow at the end of the month, sources told Reuters, with staff either being cut…
Ukraine's grain exports will increase to 2 million tons in June from 1.7 million tons in May and reach the maximum volume that Ukraine can ship by land routes,…
The Saudi Minister of Transport and Logistic Services and Chairman of the Board of Saudi Ports Authority Saleh Al-Jasser revealed that work is underway on…
The UAE is preparing to reach 75 percent of operating its peaceful nuclear project. Emirates Nuclear Energy Corporation (ENEC) has announced that Nawah…
Qatar signed a deal with Eni on Sunday on the expansion of the North Field East (NFE) Project, the world's largest liquefied natural gas (LNG) project,…
Saudi Aramco and Cognite have launched CNTXT, a joint venture based in Riyadh to support industrial digitalization of the Kingdom and the wider MENA region. …
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening…
The President of the Federation of Gulf Chambers, Ajlan al-Ajlan, has acknowledged several challenges facing the Gulf common market, revealing ongoing efforts…
The UAE Finance Ministry said Saturday that a second auction of federal treasury bonds (T-Bonds) would be held on June 20. The auction size will be AED1.5…
The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not…
At a time when Riyadh’s green strategy is in full swing, an official source at the King Salman Park Foundation confirmed that efforts are underway to transform…
Stock markets wobbled and oil prices sank on Friday amid growing fears that inflation-fighting interest rate hikes by central banks could trigger recession. …
Saudi Arabia is preparing to launch the first company specialized in the marketing of agricultural products, with funding from the Agricultural Development…
Dubai business park operator TECOM Group set price guidance on Thursday for its initial public offering that showed it could raise up to 1.67 billion dirhams (…
Saudi Minister of Commerce Majid al-Qasabi met with US Secretary of Commerce Gina Raimondo in Washington on Thursday to discuss advancing bilateral trade…
Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker discussed with EU Commissioner for Energy Kadri Simpson ways to support and boost…
ENOWA, the energy, water, and hydrogen subsidiary of NEOM, signed a Memorandum of Understanding (MoU) with Japanese trading company, ITOCHU, and Veolia, a…
Russia has no need to cut its oil output in response to the European Union's embargo, Deputy Prime Minister Alexander Novak told RBC business channel on…
The Kingdom of Saudi Arabia is continuing its upward ascent in the global competitiveness rankings in the World Competitiveness Yearbook 2022, published by…
The Gulf Cooperation Council (GCC) and the Federation of Gulf Chambers discussed Wednesday the challenges of the private sector and activating the role of the…
Oil prices recovered on Thursday from a steep drop in the previous session, supported by tight oil supply and peak summer consumption, after a US rate hike…
Egypt's government will postpone a decision whether to increase electricity prices by six months starting in July, Prime Minister Mostafa Madbouly said on…