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…
Oil prices on Monday hit their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger US and European sanctions…
The Federation of the Egyptian Chambers of Commerce announced launching the first of its kind 2022 Nebu Expo for the production, manufacture and export of gold…
King Salman International Conference Center in Madinah will host 120 startups, including 60 global companies, in the Startup Investment Forum (SIF) from…
The Arabian Drilling Co., a Saudi-based drilling company, has successfully raised SAR2 billion ($533 million) from the local debt market. The transaction…
The Saudi government has recently enabled its Tourism Ministry to control relevant violations in the sanctions list for municipal violations. Official…
Saudi Arabia's Crown Prince Mohammed bin Salman announced the transfer of 4% of Saudi Aramco shares to the Public Investment Fund, Saudi Arabia's sovereign…
Turkey’s president announced a significant reduction in taxes on basic food supplies Saturday as the country faces rampant inflation and numerous protests over…
Dubai-listed Depa PLC said on Friday it has entered into an agreement with Saudi Arabia’s Public Investment Fund (PIF), whereby the sovereign wealth fund will…
The Central Bank of the United Arab Emirates has given the green light to a new digital banking platform known as “Wio” and backed by state holding company ADQ…
Tunisian authorities are gearing up for talks with the International Monetary Fund that is set to hold a series of virtual meetings with the government in…
Wall Street stocks tumbled and oil prices surged Friday as White House warnings of a possibly imminent Russian invasion of Ukraine reverberated through…
After two weeks of talks, the IMF said Friday it has advanced efforts to secure an aid program to help Lebanon overcome its "unprecedented and complex"…
Turkish inflation will fall to around 24% by year-end and hit single digits by May of 2023, the finance minister said on Friday, painting a far rosier picture…
Saudi Arabia is exerting strenuous efforts to achieve the stability of the oil sector in the global economy, experts told Asharq Al-Awsat. Custodian of the…
As the Saudi stock market continues its steady upward movement, MSCI recently announced the upgrade of the shares of the Saudi Research and Media Group -…
Abu Dhabi's ADNOC Drilling reported on Friday a rise of 6.1 percent in net profit for last year, with revenues boosted by its onshore and oilfield services…
Egypt's annual urban consumer price inflation quickened to 7.3% year-on-year in January, its highest since August 2019, from 5.9% in December, data from the…
GFH Financial Group announced its financial results for the fourth quarter of 2021, with a net profit attributable to shareholders was $23.88 million, up 8.92…
Saudi Arabia has completed the institutional transformation of its airports towards improving the passenger experience aiming to become among the most…
Egypt's natural gas exports are expected to rise to 7.5 million tons by the end of this fiscal year, Petroleum Minister Tarek El-Molla said on Thursday. …
Saudi Arabia’s gross domestic product grew by 6.8% in Q4 2021, its fastest expansion in six years, official flash estimates showed on Thursday. This rate…
TAWAL, the leading Saudi ICT infrastructure company and one of stc Group subsidiaries, its full acquisition of Awal Telecom in Pakistan. The move, which is…
The International Monetary Fund will hold a virtual visit with Tunisian officials on Feb. 14 to discuss the government's economic reform program, a central…
The Saudi Ports Authority (MAWANI) has issued shipping agent rights to Hong Kong-based container transportation and logistics giant Orient Overseas Cargo Line…