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…
Egypt has a new document for the state ownership policy, a national strategy aimed at maximizing the participation of the private sector in economic activity,…
Saudi Minister of Finance Mohammed al-Jadaan said he is expecting stronger-than-expected growth this year in the non-oil sector underpinned by the structural…
Algeria has wheat reserves sufficient for eight months, the state news agency quoted President Abdelmadjid Tebboune as saying during a televised interview late…
Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West. While Russia can…
Official data issued by the Saudi authorities revealed a rise in industrial investment in the Kingdom, confirming the successful endeavor to overcome the…
Turkish inflation is seen slipping only to 55.5% by year-end, a Reuters poll showed on Friday, remaining elevated for longer than Ankara expects thanks to…
NEOM has concluded a series of "Discover NEOM" events with investors and business partners in the United States as part of its ongoing efforts to highlight the…
Saudi Arabia underlined the importance of international cooperation to support global economic recovery and prevent negative repercussions amid the current…
Riyadh will host the first international conference on artificial intelligence and cloud computing on May 22. The three-day conference will be held with the…
Oil prices rose on Thursday as concerns about supply as the European Union (EU) mulls a potential ban on Russian oil imports, days after diminished supplies…
The UAE has announced the launch of conventional AED denominated Treasury Bonds of the Government of the UAE (T-Bonds), with benchmark auction size of AED1.5…
A Saudi economic indicator announced on Wednesday its estimates that the Kingdom's GDP will reach SAR 3 trillion ($895 billion) in 2025, emphasizing the…
The Kurdistan Regional Government (KRG) must pay $490 million (149.4 million Kuwaiti dinar) to Agility Public Warehousing Company as compensation, Kuwait's…
Saudi Arabia called on donor countries to participate in financing the first international fund dedicated to supporting the tourism sector. The Kingdom…
The real non-oil GDP grew by some 7.8% in Q4 2021, the Central Bank of the UAE (CBUAE) announced. It attributed this increase to the easing of lockdown…
Asian markets were flat on Wednesday as oil began clawing its way back up from a big drop after the International Monetary Fund downgraded its global growth…
The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting…
Morocco’s GDP growth is seen averaging between 1.5% and 1.7% in 2022, down from the 3.2% that was predicted in the budget law, the state news agency MAP…
The UAE cabinet approved the executive regulations of the Federal Decree-Law on Entry and Residence of Foreigners aimed at boosting its position as an ideal…
The Council of Saudi Chambers (CSC) is seeking to open new markets to achieve food security for essential commodities amid the global supply chain crisis. …
Saudi Arabia amended the Law on Real Estate Ownership and Investment by non-Saudis to increase and improve the efficiency and effectiveness of the procedures…
Oil prices rose on Tuesday as investors fretted over tight global supply after Libya was forced to halt some exports and as factories in Shanghai prepared to…
Saudi Arabia's Public Transport Authority (TGA) has signed a memorandum of understanding with the Red Sea Development Company (TRSDC) to develop the region's…
Around 200,000 people risk losing their jobs in the Russian capital because foreign companies have suspended operations or decided to leave the Russian market,…