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…
Morocco's exports of phosphate and derivatives reached $2.45 billion at the end of March, according to recent data from the Foreign Exchange Office (FEO). …
The dollar index hovered near 20-year highs against major peers on Friday, as market sell-offs in the face of global recession fears propped up the safe haven…
Abu Dhabi Ports Group and Egypt's Red Sea Ports Authority have signed a term sheet and a head of terms agreement for the development of major port projects…
OPEC+ agreed on Thursday to another modest monthly oil output increase, arguing that the producer group could not be blamed for disruptions to Russian supply…
Oil prices extended gains on Thursday on supply concerns after the European Union laid out plans for new sanctions against Russia, including an embargo on…
The Saudi Ministry of Communications and Information Technology (MCIT) is holding meetings with major US technology companies and innovation and space centers…
Desert Technologies’ Chief Commercial Officer Majid Refae confirmed that Saudi Arabia is offering several programs that support Saudi manufacturers and…
Hyundai Motor has maintained its position as the world's leader of hydrogen fuel cell vehicle market in the first quarter of 2022. South Korea's top…
India is not moving to curb wheat exports, the top official at the food ministry said on Wednesday, following an earlier report that the world's second biggest…
Saudi Arabia has seen indicators of high liquidity movement, prompted by the recovery of commercial demand and consumer spending over the last period, in…
The Director of the Arab League’s Organization for Agricultural Development (AOAD), Dr. Ibrahim El-Dukheri, warned that food security in the Arab world was…
German and Saudi investors signed partnerships to enhance critical security infrastructure with the aim to establish the first factory in the Middle East for…
Oil slipped about 1% on Tuesday as concerns about the demand outlook due to prolonged COVID lockdowns in China outweighed support from a possible European oil…
Fitch said on Tuesday it has cut China's GDP growth forecast for 2022 to 4.3% from 4.8%, saying pandemic-related disruptions have had an impact on the country…
The war in Ukraine is aggravating a “triple food, energy and financial crisis,” across Africa, according to UN Secretary-General Antonio Guterres. Speaking…
Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about slowing economic growth in China, the world's top oil importer, outweighed fears of…
The General Authority for Statistics (GASTAT) published flash estimates of the Saudi Gross Domestic Product (GDP) growth rate for the first quarter of 2022,…
Coordination is underway between officials in the Saudi Investment Ministry and the State Committee on Investment in Tajikistan for arranging meetings of the…
Egypt's Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said…
The OPEC Fund for International Development agreed with Morocco to finance the second phase of feasibility studies of a submarine gas pipeline with Nigeria,…
Ratings agency Fitch on Friday revised the outlook on Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), to "positive" from "stable"…
Turkey’s trade deficit surged 75% year-on-year in March to $8.17 billion, mainly due to a 30.7% rise in imports, data showed on Friday. According to the…
Tunisia’s dinar currency has fallen to record lows versus the dollar, driven down by high inflation, a worsening trade deficit and the severe impact of the…
The Saudi Ministry of Environment, Water and Agriculture revealed that it has launched an investment initiative, the first of its kind, to offer bids for the…