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…
Brazilian President Jair Bolsonaro said there is a vast investment potential for UAE businesses in Brazil as the country pushes ahead with new strategic…
Managing Director of Nile Petroleum Corp (NilePet) Chol Deng Thon Abel urged Saudi companies in general and oil giant Aramco to invest in South Sudan. The call…
ADQ, an Abu Dhabi-based investment and holding company, and Turkey Wealth Fund (TWF) launched Wednesday a $300 million-tech fund, which will invest in venture…
Egypt will apply for a new loan from the IMF, the Washington-based crisis lender announced Wednesday, after Russia's invasion of Ukraine caused inflation to…
Dubai-based venture capital firm Cypher Capital on Wednesday announced it was launching a $100 million seed fund aimed at investing in digital assets including…
The Emirates Nuclear Energy Cooperation (ENEC) announced on Thursday the start of commercial operations of Unit 2 at the UAE's Barakah Nuclear Energy Plant. …
Oil prices extended their gains Thursday on growing fears of further Russia sanctions that could hit already thin supplies, while most equity markets retreated…
Russia will seek payment in roubles for gas sales from "unfriendly" countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring…
Israel and Morocco signed an agreement on Wednesday to cooperate in civilian aerospace projects as the two countries push for closer economic ties after…
SEDCO Holding, one of the largest family-owned investment groups in the Kingdom of Saudi Arabia, announced the successful listing of its portfolio company…
Saudi Arabia announced its intention to launch a package of new enhancements to develop the post-trading infrastructure and increase its efficiency. The…
The economic impact of geospatial information according to 7 major sectors in Saudi Arabia is estimated between SAR 22 billion ($5.8 billion) and SAR 40…
The Egyptian pound slipped further against the dollar on Wednesday, after Egypt’s Central Bank raised its main interest rate and devalued the local currency…
With the rise of inflation rates all over the world, the value of the foreign exchange reserves were affected in many countries, putting down the economies of…
The UAE Ministry of Energy and Infrastructure and the Dutch Ministry for Foreign Trade and Development Cooperation have signed a Memorandum of Understanding …
Four Algerian and Chinese firms announced a nearly $7 billion deal on Tuesday to relaunch a phosphate mining project set to produce millions of tons of…
Egypt's Suez Canal Authority said on Tuesday it will temporarily increase a surcharge levied on laden crude oil tankers and petroleum products tankers…
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman signed a document with his Kuwaiti counterpart Mohammad al-Fares to develop the Durra gas field,…
The Saudi Ministry of Industry and Mineral Resources unveiled an endeavor to build a digital system that would contribute to attracting quality investments in…
Major government and private entities reviewed their future projects worth billions of dollars to allow contractors to benefit from their implementation,…
Saudi Arabia announced Monday that it would not bear responsibility for global oil shortages following attacks by Iran-backed Houthi militias affected the…
Abu Dhabi National Oil Company (ADNOC) signed a new memorandum of understanding (MoU) and joint study agreements (JSA) with counterparts in Germany to boost…
Oil prices extended their rally Tuesday on supply worries as European leaders debated banning imports from Russia, though equities stood their ground despite a…
The UAE Federation of the Chambers of Commerce and Industry (FCCI) held talks with a trade delegation representing Turkey's Independent Industrialists and…