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…
Jordan unveiled on Monday a major development strategy for the Middle Eastern country up to the next 10 years targeting doubling its growth to help it…
Turkey will continue cutting interest rates rather than hiking them in the face of high living costs, President Tayyip Erdogan said on Monday, playing down…
Jordan signed a memorandum of understanding (MoU) with Turkey’s Solvest to explore gold in the southern Abu Khashiba region, the energy ministry announced. …
The latest Purchasing Managers’ Index (PMI) survey data from the Qatar Financial Center (QFC) signaled a record improvement in business conditions in the non…
Saudi Arabia announced its mega projects to achieve the environmental goals of the Saudi Green and the Middle East Green Initiatives and the goals of net zero…
OPEC Fund for International Development (OFID) is considering issuing its first financial bonds this year in global markets, amounting to one billion dollars,…
US Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were…
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said on Sunday it will buy a 23.97% stake in Capital Bank Group, one of the largest banking…
Thuraya, UAE's mobile satellite services company, is looking to seize new opportunities and expand its activities in the Saudi market. Thuraya has been…
The "Amaala" and "Red Sea" projects in western Saudi Arabia will attract a wide range of various markets given the multiple services they offer, according to…
Saudi Arabia has signed 101 investment deals during the first quarter of this year, amounting to $4 billion. Supervised by the Ministry of Investment, the…
The governors of the Islamic Development Bank Group (IsDB) agreed on three main priorities to confront successive global challenges, including promoting…
Russian Foreign Minister Sergei Lavrov on Saturday said Western sanctions would have no effect on the country's oil exports and predicted a big jump in profits…
Saudi Arabia's Abdul Latif Jameel Group has signed an agreement with India's Greaves Electric Mobility, the electric vehicle arm of the engineering firm…
Egypt signed 13 agreements and memoranda of understanding with the Islamic Development Bank (IsDB) on the third day of the 47th annual meetings of the IsDB in…
The White House praised a major Saudi role in controlling oil markets, through a greater increase in the production of the OPEC+ alliance during July and…
Saudi Minister of Energy Prince Abdulaziz bin Salman and Iraqi Minister of Oil Ihsan Ismail discussed on Thursday connecting their electricity grids. The…
The National Industrial Development and Logistics Services Program (NDLP) is seeking to work with 40 Saudi government agencies to achieve qualitative…
The Nigerian government on Wednesday approved a proposal for the construction of a gas pipeline connecting Nigeria and Morocco. Nigeria's Federal…
Dr. Muhammad bin Sulaiman Al-Jasser, Chairman of the Board of Directors of the Islamic Development Bank (IsDB), said that the group was currently focusing on…
Annual inflation in Turkey hit 73.5% in May, the highest rate since 1998, according to official data released Friday as a cost-of-living crisis in the country…
Oil prices rose Thursday despite an agreement by major crude producers to boost output more than expected, while US stocks rallied ahead of closely-watched…
OPEC+, an alliance of the Organization of the Petroleum Exporting Countries and other producing nations, agreed on Thursday to bring forward oil production…
Italian MP Elena Morelli, who chairs the Italian-Saudi Parliamentary Friendship Committee, has discussed ways to open headquarters for Italian companies in…