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…
Saudi Energy Minister Prince Abdulaziz bin Salman confirmed that Saudi Arabia seeks to ensure the immunity of the three pillars of the energy world: securing…
Oil prices calmed down after fluctuating initially on Monday, as investors eyed contrasting scenarios of tighter Russian energy supplies due to the Ukraine…
The Arab Parliament has selected the Saudi city of NEOM as the best Arab project to achieve sustainable development in 2022. NEOM was chosen for promoting…
Saudi Arabia’s Tourism Development Fund said it was ready to partner with the chambers of commerce and the relevant sectors to promote the tourism industry and…
Investment needs to focus on the lowest-cost, lowest-carbon oil and gas resources, said the United Arab Emirates Industry Minister, Sultan al-Jaber, at the…
There is a silver lining to Turkey's currency crisis and the global supply chain crunch: The country is becoming an attractive alternative at the gates of…
Oil prices ended the week mixed on Friday as investors weighed a potential supply disruption resulting from the Russia-Ukraine crisis against the prospect of…
A draft reform of Lebanon’s crippled power sector seen as vital to addressing its financial crisis envisages an “immediate” hike in electricity prices, for the…
Tunisia and the International Monetary Fund are in preliminary talks, with an eye on a potential multi-billion-dollar rescue deal for an economy plagued by…
India and the United Arab Emirates on Friday signed an agreement aimed at boosting bilateral trade to $100 billion from the current $60 billion over the next…
OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources close…
A recent Saudi report revealed that the Kingdom’s venture capital investments achieved a growth of 770 percent, reaching a record-high of SAR 2 billion $548…
The United Arab Emirates approved on Thursday a decision allowing cooperative associations to list shares on the local financial markets, state news agency …
Asian markets fell Friday following a steep drop on Wall Street fueled by renewed fears that Russia will soon invade Ukraine, adding to long-running angst…
Every day at the family grocery stall in a Tunis market, Bilel Jani sees the reality of a biting economic crisis, which for many has overshadowed Tunisia's…
SEDCO Holding, one of the largest family-owned investment groups in Saudi Arabia, announced on Thursday the completion of the sale of Arabian Entertainment…
The Abu Dhabi National Oil Company (ADNOC) announced Thursday a framework agreement awards valued at $1.94 billion to enable drilling growth. The awards…
The total investments of the industrial sector in Saudi Arabia have reached $346 billion, after investments in 2021 stood at $21 billion, according to figures…
Romanian Energy Minister Virgil Daniel Popescu revealed plans for launching a gas pipeline from Azerbaijan through the Caspian Sea region, using the link…
The World Bank will lend Tunisia about $400 million to finance social reforms, the Tunisian government said on Tuesday, as it started talks with the…
The European Union would be able to cope with a partial disruption to gas imports from Russia, European Commission President Ursula von der Leyen said, adding…
Dubai has imported eight million tons of food during 2021 and re-exported 6.277 million shipments through all its ports, a Dubai Municipality press release…
Morocco said Wednesday it will launch a nearly $1 billion aid program to help its agriculture industry, which has been hit hard by a particularly acute drought…
There is no "immediate solution" to high oil prices, Bruno Jean-Richard Itoua, president of the Organization of the Petroleum Exporting Countries (OPEC), said…