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…
Algerian businessmen have been seeking alternatives to Spanish products and goods to prevent huge potential losses in their business dealings. This comes…
The World Trade Organization is facing one of its most dire moments, the culmination of years of slide toward oblivion and ineffectiveness. Now may be a chance…
The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, has agreed to appoint five non-government members to the Board of Directors of the Saudi…
Sunday marks a new dawn for Russia's fast-food lovers as former McDonald's Corp restaurants reopen under new branding and ownership, more than three decades…
The Saudi Authority for Industrial Cities and Technology Zones (MODON) has launched a program to support small and medium-sized enterprises in the field of…
Turkey's lira has lost nearly a quarter of its value this year as soaring inflation and the central bank's reluctance to raise interest rates stoke fears of…
The International Monetary Fund (IMF) has picked a resident representative for Lebanon, the multilateral lender's spokesman Gerry Rice said on Thursday. …
A major free zone operator in Dubai said Thursday it would make an initial public offering on the local stock market. The TECOM Group plans to offer 625…
The United Arab Emirates' central bank said on Wednesday it expects real GDP growth to reach 4.2 percent next year, up from its earlier forecast of 3.3 percent…
The first quarter of 2022 proved to be the best quarters for banks in the Gulf Cooperation Council as they raked in $10.9 billion in aggregate profits, a Kamco…
Amid a fast-paced financial world, Saudi Arabia is emerging as a very bright spot for the future of the financial technology sector in the Middle East. What…
The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the…
The Omani Ministry of Energy and Minerals stressed that it had not recently participated in any technical discussions or commercial negotiations related to the…
Vortex Energy, a global renewable energy platform managed by the private equity arm of EFG Hermes, announced on Tuesday that it invested to-date in Spain’s…
The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022, warning that Russia's invasion of Ukraine has compounded the…
The Turkish lira slid 0.9% against the dollar on Wednesday, bringing its losses to 22% this year, after worries about a surge in inflation were fueled by…
Abdul Rahman Al-Samari, head of the Saudi Local Content and Government Procurement Authority, said that Saudi Arabia was issuing legislation to enhance the…
Saudi Arabia Asks Private Sector to Issue Modern Agricultural Registry to Combat Commercial Cover-up
The Saudi government has asked the private sector to approve a developed agricultural registry (tasattur) in the farms, as of September, in order to reduce…
Iran and Qatar on Monday signed a memorandum of understanding to form a joint trade council. According to Qatar News Agency (QNA), the document was signed…
DP World announced it was selling a minority share to CDPQ, a global investment group, in three of DP World's flagship UAE assets. CDPQ will invest $2.5…
Saudi Arabia's gross domestic product grew 9.9% in the first quarter, the fastest in a decade and more than a flash estimate last month of 9.6%, official data…
The Dubai International Chamber announced plans to open a representative office in Tel Aviv, aiming to facilitate trade and investment between business…
The Saudi Public Investment Fund (PIF) has been shortlisted to buy a stake in the Middle East, North Africa, and central Asia Starbucks franchise held by…
Italian Ambassador to Saudi Arabia Roberto Cantone said his country was making great efforts to diversify its gas supplies to achieve independence from Russia,…