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 gained about $1 on Monday as worries over tight supplies persisted after Germany warned of more sanctions on Russia and talks to revive the Iran…
Egypt’s Central Bank data showed on Sunday that the country’s net foreign assets (NFAs) went sharply negative in February, declining by 60 billion Egyptian…
Yearly inflation in Turkey hit 61.14% on Monday, climbing to a new 20-year high and deepening a cost of living crisis for many households. The Turkish…
Eight local and international companies have qualified to compete for a license to detect metals at the al-Khnaiguiyah mining site in Riyadh. The Saudi…
Qatar wants to increase its trade and investment partnerships with Saudi Arabia during the coming period. A Qatari official announced that several Qatari…
BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for…
The Saudi Industrial Investments Company (Dussur), in cooperation with the Human Resources Development Fund (Hadaf), seeks to develop human capital in the…
President Vladimir Putin's rouble payment scheme for natural gas is the prototype that the world's largest country will extend to other major exports because…
Algeria's Sonatrach CEO Toufik Hakkar explained that Algeria currently has some billions of cubic meters of gas in surplus, but they are insufficient to…
The Egyptian Suez Canal Authority (SCA) said on Saturday that the canal recorded revenues of $1.69 billion in the first quarter of 2022, up from $1.4 billion…
The head of Latvia's natural gas storage operator said Saturday the Baltic states were no longer importing Russian natural gas. "If there were still any…
Drivers and owners of Moroccan international cargo trucks announced they would hold a strike in protest against the hike in fuel prices and the absence of…
Saudi Arabia’s Adeer Real Estate Company announced selling Sumou Al-Khobar project east of the Kingdom for more than SAR1.8 billion ($480 million) during the…
Iraq exports of oil reached $11.07 billion last month, the highest level for half a century, as crude prices soared amid shortfall fears following Russia's…
Egypt plans to issue its first sovereign sukuk before the end of the current fiscal year ending in June, Finance Minister Mohamed Maiit said in a statement on…
Algeria's state-owned energy giant Sonatrach warned Friday it could increase the price of its gas sales to Spain, against the backdrop of a diplomatic row…
The European Union’s executive arm is proposing that the 27-nation bloc’s countries allow the millions of refugees fleeing the war in Ukraine to exchange their…
The Saudi government recently approved the unified general guiding principles for mining for the Gulf Cooperation Council (GCC) countries. The principles were…
The Saudi Grain Organization Corporation (SAGO) issued a tender to import 355,000 tons of wheat between September and November of 2022, it announced in a…
Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel's Economy Ministry and the UAE foreign trade minister said…
Saudi Arabia has put forward a project that includes the recognition of key consumer rights, in accordance with United Nations guidelines. The new bill will…
Malta Government Investments (MGI), the Sovereign Fund of Egypt and Bpifrance, a French national investment bank signed an agreement to establish the “European…
The Saudi-led OPEC and its allies in the Moscow-led OPEC Plus, maintained their strategy of slightly increasing oil production, despite Western pressure to end…
Excluding Russia from the Group of 20 major economies and other international institutions could slow efforts to address a worsening global food crisis…