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 Arabia’s central bank announced on Tuesday that the government has approved the licensing of a third digital bank, called D360 Bank, with a capital of 1…
Ambassadors from Central Asia and Azerbaijan have stressed their countries’ keenness to hold economic, investment and trade partnerships with Saudi Arabia. …
Egypt announced on Tuesday finding an oil reserve of around 100 million barrels in the Gulf of Suez, the biggest oil discovery in the area in over two decades…
The Saudi Ports Authority (MAWANI) has agreed on a long-term deal with shipping giant Bahri to build and operate an integrated logistics park on land leased at…
Jordan will accelerate the momentum of IMF-backed structural reforms in 2022 to help a nascent recovery gather pace in an economy hard hit by the coronavirus…
Saudi Arabia is intensifying its efforts to expand the scope of private sector businesses and open wider horizons for national products and services, through a…
Oil prices steadied on Wednesday after retreating more than 3% in the previous session as investors gauged the impact of easing Russia-Ukraine tension against…
Algerian President Abdelmadjid Tebboune said Tuesday that the government would introduce youth unemployment benefits as the country struggles with a jobless…
Egypt's central bank governor has said new rules requiring importers to use letters of credit will be implemented starting in March despite complaints from…
Tunisian president Kais Saied said on Tuesday he will launch a committee to audit all the loans and grants that Tunisia has obtained in the past years,…
Works are under way to expand the two-way section of the Suez canal to 82 km (51 miles) from 72 km, the chairman of the authority managing the Egyptian…
The Saudi Ministry of Industry launched the Made in Saudi Arabia exhibition, meanwhile, experts expect the industrial sector in the Kingdom to grow by 5 to 6…
The Egypt Petroleum Show 2022 (EGYPS) kicked off its fifth edition in Cairo with broad international participation, amid rapid steps to transform Egypt into a…
The Saudi Ministry of Environment, Water, and Agriculture (MEWA) launched the Registration of Agricultural Investments Abroad portal to assess the capabilities…
Food and beverage trade in the UAE increased steadily to reach over $20 billion in the first nine months of 2021,state news agency WAM reported. The growth…
Asian markets mostly fell again Tuesday, extending a global sell-off fueled by fears that Russia is about to invade Ukraine, though the losses were more muted…
The World Bank is temporarily relocating staff from Ukraine and has suspended staff missions to the country due to the tensions on the border with Russia,…
Egypt is working on several preventive measures to hedge the volatility of the wheat market amid the current tensions between Russia and Ukraine, the two…
The United Arab Emirates and Indonesia are close to finalizing a trade and investment deal after months of negotiations and could sign an agreement in March,…
Algeria's Sonatrach oil company said it had signed an agreement with the Niger petroleum ministry to share production in Niger's Kafra region, according to a…
The Saudi Standards, Metrology and Quality Organization (SASO) launched a new service granting a certificate of conformity for national exports to foreign…
Apollo Global Management (APO.N) will invest $1.4 billion in Abu Dhabi developer Aldar Properties (ALDAR.AD), including a land joint venture and an equity…
Saudi Arabia-based TruKKer, which offers Uber-like services for trucks in the Middle East and elsewhere, said on Monday it has raised just under $100 million…
A $27-billion deal between France’s Total and Iraq, that Baghdad hoped would reverse the exit of oil majors from the country, has stalled amid disputes over…