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…
Egypt unveiled Tuesday a national strategy for the automotive industry in the country. Prime Minister Mostafa Madbouly announced the National Strategy for…
World oil demand will rise more than 2% to a record high of 101.6 million barrels per day (bpd) in 2023, the International Energy Agency said on Wednesday,…
The United Arab Emirates, Saudi Arabia and Egypt were ranked the first three, respectively, in the Arab world in attracting Foreign Direct Investment (FDI) for…
The United Arab Emirates (UAE) has ordered a four-month suspension in exports and re-exports of wheat and wheat flour originating from India, the world's…
Saudi Arabia ranks among the top 10 countries in the world for the overall business acumen of its workforce, according to the latest Global Skills Report from…
The Shura Council approved on Monday a new system for companies, aimed at developing the trade environment in the Kingdom and moving it to a better stage that…
Oman and Tanzania have set up a mutual investment fund that aims to invest in several sectors, including agriculture, fishing and mining, the Sultanate's…
Saudi Arabia is redoubling its efforts to combat bid-rigging given that reflects on economic efficiency, social development, preservation of public money, and…
Oil prices inched lower after seesawing through early trading on Tuesday, as worries that fuel demand would be hit by a possible recession and fresh COVID-19…
ADQ, an Abu Dhabi-based investment and holding company, announced it has entered into a definitive agreement to acquire Birgi Mefar Group (BMG), one of Turkey…
Equity markets tumbled again Tuesday to extend a global rout fueled by fears of recession, with the Federal Reserve preparing to ramp up interest rates as…
The National Committee for Steel Industry in the Council of Saudi Chambers has joined the largest Arab gathering of iron producers, the Saudi Press Agency…
Egypt's Suez Canal has extended rebates on canal tolls for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers from July until the end of…
Saudi authorities have recently accomplished many achievements in the field of financial sustainability, redirecting SAR540 billion to high-priority spending…
QatarEnergy signed a partnership deal with France's TotalEnergies on Sunday for the North Field East expansion of the world's largest liquefied natural gas …
Oil dropped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing dented hopes of a pick-up in Chinese demand, while worries about more interest…
Egypt plans to set up new area for crude oil storage in El-Tebbin, south of Cairo, the petroleum ministry said in a statement on Sunday. The project, with…
World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one…
Saudi Arabia's stc’s board of directors announced on Saturday its recommendation to the general assembly to increase the company’s capital by 150% through…
Saudi experts are warning against aggravating cybersecurity breaches as the effects of the Russian-Ukrainian war take a toll. So far, Saudi efforts have led to…
Turkey raised the tax on consumer loans amid a surge in inflation and as authorities boosted measures to bolster the lira. The bank and insurance…
Archimandrite Agathonikos bows before the silver-covered icon of the Virgin Mary to offer prayers for an end to the war between “peoples of the same religion”…
The Saudi Council of Ministers has recently approved the information and communications technology (ICT) system, with the aim to develop the sector and raise…
Egypt has called for boosting the response to the food security challenges in developing countries. The Foreign Ministry said Egypt submitted a draft…