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…
Inflation hit a new record for the 19 countries that use the euro as skyrocketing fuel prices boosted by the war in Ukraine add new burdens to household…
Oil prices rose for a fourth day on Friday as Russian supply disruption fears trumped COVID-19 lockdowns in China, the world's biggest crude importer, that are…
Americana Group appointed Goldman Sachs, First Abu Dhabi Bank (FAB) and SNB Capital to manage its initial public offering (IPO) that could take place as soon…
The United Arab Emirates and Turkey have taken steps to accelerate the arrangements for finalizing the Comprehensive Economic Partnership Agreement (CEPA),…
The International Monetary Fund stressed the role of the private sector in boosting the Egyptian economy, currently facing ongoing challenges and difficulties…
The International Monetary Fund (IMF) said the Russian invasion of Ukraine is significantly affecting the growth prospects of the developing economies in the…
Oil prices dropped on Thursday as investor remained cautious about dwindling fuel demand in China, the world's biggest oil importer, due to COVID-19…
The war in Ukraine will sharply reduce economic growth in the Central Asian region in 2022, although higher oil prices will lessen the impact for the Middle…
The local market has revived the UAE tourism sector by acquiring 58% of the total number of the 19 million hotel guests, compared to 42% tourists, according to…
Iraq’s Oil Ministry announced on Tuesday that it kicked off a project to drill 20 oil wells in the Nasiriyah oil field in the southern Dhi Qar province. …
Oil was broadly steady on Wednesday after Russia cut gas supplies to Bulgaria and Poland, although lingering concerns about Asian coronavirus lockdowns…
The Saudi Government announced Tuesday that it has struck an agreement with Lucid for the purchase of up to 100,000 of its vehicles over the next 10 years. …
The Asian region faces a "stagflationary" outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine war, spike in…
Expo 2020 Dubai awarded AED 6.8 billion (around $1.8 billion) of contracts to small and medium-sized enterprises (SMEs), providing a significant contribution…
Recent official data revealed that over 4.7 million subscribers per capita are active in the proposals of financial markets in Saudi Arabia, according to the…
The Islamic financial services industry in Saudi Arabia enjoys a prominent position globally, announced Deputy Governor of the Saudi Central Bank (SAMA) for…
The upcoming visit of Kyrgyz President Sadyr Japarov to Saudi Arabia will witness the signing of 30 new draft agreements and 23 international treaties and…
Bahrain-based investment bank GFH Financial Group plans to cross list its shares on Abu Dhabi Securities Exchange (ADX) in May, making it the company's fourth…
Dubai approved the Dubai International Financial Centre (DIFC) Courts Strategic Work Plan 2022-2024. It aims to develop a judicial support system and…
The Saudi Capital Market Authority (CMA) revealed that the volume of initial offerings requests in the main and parallel financial market tripled last year to…
Algerian President Abdelmadjid Tebboune on Saturday said his country will not abandon its commitment to supply Spain with gas despite a diplomatic row with the…
Oil prices slumped to near two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns in Shanghai and…
The Oman Investment Authority has split its assets into local and foreign portfolios, the state news agency said on Sunday. Abdulsalam al-Murshidi, head of…
World renowned architect Adrian Smith said that Saudi Arabia is moving quickly towards becoming one of the most developed countries. This follows the Kingdom…