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…
Turkish state-owned energy importer BOTAS said late on Thursday it had raised natural gas prices for industrial facilities by 50% and those for households by…
OPEC on Thursday held a brief extraordinary meeting to ditch the International Energy Agency from its list of trusted data contributors, an OPEC source said on…
Kuwait Petroleum Corporation on Thursday signed a memorandum of understanding with the Japanese Nippon Export Investment Insurance (NEXI) to fund projects at a…
Egypt and Norway on Thursday signed an agreement for several projects to enhance their cooperation in developing renewable energy. The 27th UN Climate…
With Saudi Arabia’s announcement of a $5 billion deposit with the Central Bank of Egypt on Wednesday, sources told Asharq Al-Awsat that this move would enhance…
The Saudi Arabian Industrial Investments (Dussur) announced the signing of five new shareholders' agreements, including four joint ventures and one global…
The German Development Bank intends to provide financing grants for projects in 8 countries, including Egypt, Morocco, and Tunisia, with a maximum of $11.14…
The King Abdulaziz City for Science and Technology (KACST) announced on Wednesday the launch of the Saudi Semiconductor Program - the first of its kind in the…
Oil prices plunged more than $5 a barrel on Thursday on news the United States was considering the release of up to 180 million barrels from its strategic…
Lebanon's Cabinet on Wednesday approved a long-delayed draft capital control law that still requires final approval from parliament amid a worsening financial…
The economies of Russia and Ukraine will contract by 10 percent and 20 percent respectively this year as the war between the two countries causes "the greatest…
The Kremlin indicated on Wednesday that all of Russia's energy and commodity exports could be priced in roubles, toughening President Vladimir Putin's attempt…
A Kurdish businessman whose home was hit by Iranian ballistic missiles this month has said he is not involved in and has no knowledge of plans to export…
UAE's Minister of Cabinet Affairs and Chairman of the World Government Summit (WGS) Organization Mohammad al-Gergawi launched on Tuesday the activities of the…
Umm Al Quwain, one of the seven emirates of the UAE, launched its “Sustainable Blue Economy Strategy 2031” in a move seeking to increase the emirate’s…
The Thai Ministry of Labor established a center specialized in rehabilitating and training workers in all professions, signaling the revival of relations and…
Saudi Arabia and the UAE reiterated that OPEC+ has only a mission to "stabilize the market," adding that the alliance keeps politics out of its decision-making…
The Saudi National Industrial Development and Logistics Program (NIDLP) launched the "Thousand Miles" initiative for small and medium enterprises (SMEs) in the…
Dubai Electricity and Water Authority (DEWA) has increased its initial public offering (IPO) size to 17%, the company said on Tuesday, meaning it could raise…
The European Union said on Tuesday it will lend Tunisia 450 million euros ($500 million) to support its budget as the North African country faces a looming…
Egypt and Qatar have agreed to sign investment deals worth $5 billion, the Egyptian cabinet said in a statement on Tuesday. The cabinet gave no details of…
Investment in Saudi Arabia has witnessed a qualitative leap in the stock market and a significant growth in entrepreneurs' funds, be it private or venture…
Saudi Arabia’s Jada Fund of Funds plans launching funds to attract investments in favor of NEOM, revealed Jada CEO Adel Al-Ateeq. “We are looking to…
Egypt signed on Monday a Memorandum of Understanding (MoU) with Maersk in a joint bid to further accelerate the supply of green fuels for ships as part of the…