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…
Oil prices rose 2% on Friday but notched their second straight weekly decline after countries announced plans to release crude from their strategic stocks. …
World food prices jumped nearly in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils, the UN food…
Critical steps are needed in the areas of enforcement and institutionalization in the Lebanese market to reap the gains of a competition law recently enacted…
Saudi Arabia called on Arab financial institutions to review their work strategies in order to catch up with international developments and the rapid…
The Saudi Central Bank (SAMA) announced opening a public consultation on the draft implementing regulation of payments and payment services law. In the…
Oil prices rose on Friday but were set to drop around 3% for the week as consuming countries' planned release of 240 million barrels from emergency stocks…
Lebanese central bank governor Riad Salameh said on Friday he hoped prior conditions set by the International Monetary Fund (IMF) in a staff-level agreement…
Middle Eastern carriers Emirates and Etihad each see an industry recovery from the coronavirus pandemic happening next year, airline bosses said at an industry…
The Saudi Central Bank (SAMA) announced on Wednesday the licensing of the Al Tabdeel Co. to provide services for buying and selling foreign currencies, and…
Russia said Wednesday it had made foreign debt payments on dollar-denominated bonds in rubles, in a new blow to efforts to avoid a sovereign default amid…
Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release of oil from emergency…
Hungary said on Wednesday it was prepared to pay roubles for Russian gas, breaking ranks with the European Union which has sought a united front in opposing…
Activity in Egypt’s non-oil private sector shrank in March at its fastest since the early months of the coronavirus pandemic as fallout from the Russian…
Dubai Electricity and Water Authority (DEWA) is set to raise 22.32 billion dirhams ($6.1 billion) after pricing its initial public offering at the top of the…
Oil futures rose on Wednesday, paring early losses, as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand…
Sudan's finance minister will seek to arrange a $1 billion central bank deposit to support its currency when he visits Saudi Arabia, the finance ministry said…
Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in…
A recent study pointed to the growth of Gulf investments in the countries of the Horn of Africa, especially in Ethiopia, Sudan, Somalia and Djibouti. …
The Saudi Grains Organization (SAGO) has completed the procedures for importing 625,000 tons of wheat from Europe, North and South America, and Australia. …
Saudi Arabian Internet and Communications Services Co. (solutions by STC) announced a binding offer to acquire 89.49% of Giza Systems Co. from Inergia…
Saudi Aramco raised its May official selling price (OSP) to Asia for its flagship Arab Light crude to $9.35 a barrel above Oman/Dubai crude, its highest…
Stock markets were relatively subdued on Monday while oil prices rose as Western nations eyed more sanctions on Russia, but Twitter stood out as its shares…
Oil prices extended gains Tuesday on the prospect of further sanctions on Russia for alleged "atrocities" in some occupied Ukraine cities, while equities…
Oil prices have fallen to levels that don’t reflect the risk of disruptions to Russian exports or the ability of China to keep the coronavirus pandemic under…