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…
The energy ministers of Saudi Arabia and the United Arab Emirates warned that spare capacity is decreasing in all energy sectors as producers slash investment,…
Flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, has announced growth in partnership with 3 aircraft lessors for sales and…
Saudi Arabia’s Economy and Planning Minister Faisal al-Ibrahim has revealed that the Kingdom plans to boost its financing of travel, tourism, and aviation…
President of the General Authority of Civil Aviation (GACA) Abdulaziz bin Abdullah Al-Duailej chaired in Riyadh on Tuesday the second meeting of the Steering…
The world will set a new record for renewable power capacity this year led by solar energy in China and Europe, but growth could lose steam in 2023, the…
Saudi Arabia has revealed plans to strengthen its capabilities in the aviation sector over the next ten years, with the aim to become a leading center for…
Oman's state budget recorded a surplus of $928 million at the end of the first quarter of 2022. The Finance Ministry announced the surplus would be used to…
Saudi Arabia plays a leadership role in ensuring the prosperity of the aviation sector in coming years, said Saudi Arabia's General Authority of Civil Aviation…
Saudi Arabia announced its new aviation strategy targeting 250 direct destinations to and from the Kingdom's airports, inaugurated a new air carrier, and…
Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors spooked by aggressive US…
Greece and the United Arab Emirates (UAE) agreed to jointly fund investments worth 4 billion euros ($4.2 billion) in the Mediterranean country and explore…
Saudi Arabia cut oil prices for buyers in Asia as coronavirus lockdowns in China weigh on demand, countering uncertainty around Russia’s supplies as the…
Asian stocks fell Monday as investors remained anxious over inflation and the ongoing impact of China's Covid lockdown policies, despite an initial Wall Street…
Kuwait National Petroleum Company (KNPC) recorded a 133 percent increase in its net profit during the fiscal year 2021-2022 compared to last year. Walid…
The Board of Directors of "NEOM Green Hydrogen Company" (NGHC) has appointed David Edmondson as CEO of the company, which was recently launched as part of NEOM…
Foreign investment in Tunisia rose by 73% in the first three months of 2022 compared to the same period a year earlier, the state news agency reported on…
Egypt has harvested more than 700,000 feddans of local wheat since the harvest season on April 1. Egyptian Finance Minister Mohamed Maait said the country…
Navid Hanif, Director of Financing for Sustainable Development Office at the United Nations, said that the Middle East and North Africa region would need to…
Egypt will start offering shares in state companies on the country's stock exchange starting from September, Public Enterprise Minister Hisham Tawfik told…
Government officials stressed that the recently approved royal commissions in Saudi Arabia will contribute to achieving the comprehensive, balanced, and…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said Friday that the ministry has a goal to attract investments worth $32 billion to its…
Over a million tourists have flooded to Tunisia since the beginning of the year and as off April 20, revealed the country's Tourism Ministry. This marks a…
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said Friday that the ministry has a goal to attract investments worth $32 billion to its…
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as impending European Union sanctions on Russian…