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's state grains buyer said on Sunday that a previously contracted 63,000 tons of Russian wheat, and a similar amount of Ukrainian, Romanian wheat were…
The UAE Ministry of Climate Change and Environment (MOCCAE) signed a memorandum of arrangement (MoA) with New Zealand’s Ministry of Foreign Affairs and Trade…
The German government, working to reduce its dependence on Russian oil and gas, discussed energy supplies with Qatar this week, the federal chancellery's state…
Saudi Arabia's Monetary Authority (SAMA) has recently published data showing an increase of 60 percent in contracts for land financing in January 2022 compared…
The European Union faces soaring energy prices in the wake of sanctions imposed against Moscow over events in Ukraine, Interfax quoted a Russian foreign…
Germany's biggest lender Deutsche Bank said Friday it was following other international companies in shutting down its operations in Russia in protest of…
Russia urged India to deepen its investments in the sanction-hit country's oil and gas sector, and is keen on expanding the sales networks of Russian companies…
US President Joe Biden on Friday said the United States will revoke Russia's "permanent normal trade relations" status to punish Moscow over its invasion of…
US investment bank Goldman Sachs on Thursday announced it would pull out of Russia, becoming the first Wall Street institution to distance itself from Moscow…
The Saudi Industrial Production Index (IPI) recorded its highest growth in three years, reaching 11.1 percent last January on an annual basis, according to…
Kuwait National Petroleum Company (KNPC) said Thursday it was operating a fifth liquefied natural gas (LNG) line at Mina al-Ahmadi refinery. KNPC CEO…
The Saudi-US Business Council launched its activities on Thursday with round-table meetings between Saudi and US companies and government agencies…
The United Arab Emirates is committed to the OPEC+ agreement and its existing monthly production adjustment mechanism, its energy minister said on Wednesday. …
Saudi Arabia will host the Global Entrepreneurship Congress, under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of…
DP World Limited revealed registering strong financial results for the year 2021, achieving a revenue growth of 26.3 percent to $10,778 million and adjusted…
Saudi Aramco said on Thursday its joint venture in China will develop a major integrated refinery and petrochemical complex in the northeast of the country. …
Saudi Minister of Transport and Logistics Eng. Saleh bin Nasser Al-Jasser and French Minister of Transport Jean-Baptiste Djebbari have signed two memorandums…
A recent study has revealed an increase in women’s participation in the workforce by 36 percent over the past year. The study sought to measure the impact…
Defense aircraft maintenance dominated the interests of Saudi companies at the World Defense Show (WDS) in the Saudi capital, Riyadh. Companies emphasized…
Oil giant Saudi Aramco is narrowing the gap with Apple Inc. for the title of the world’s most valuable company. Benefiting from oil prices hitting the…
The World Defense Show, which concluded in Riyadh on Wednesday, saw the signing of military and defense contracts between local and international parties with…
ADNOC Distribution, UAE's leading fuel distributor, announced launching a new Voyager Green Series range of lubricant products for both petrol and diesel…
The emirate of Dubai has adopted its first law governing virtual assets and established a regulator to oversee the sector, its ruler Sheikh Mohammed bin Rashid…
The value of trade exchange between Egypt and Saudi Arabia increased by 66.1% in the first 11 months of 2021, amounting to $8.3 billion compared to five…