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…
The International Monetary Fund and World Bank on Monday said they would postpone plans to hold their 2022 annual meetings in Marrakesh, Morocco, until October…
Turkish blockchain technology company Bitci aims to open a cryptocurrency trading platform in Brazil in Februaryin an international expansion where Spain is…
The OPEC Fund for International Development committed $1.5 billion to global development last year, focused on helping its partner countries to increase…
Uber, the global taxi-hailing app, revealed on Sunday that over 31 million riders took trips using the app since its launch in the Middle East and North Africa…
The world's top oil-producing countries will meet on Wednesday to discuss a further increase in output, while crude prices have reached seven-year highs…
With the Saudi government offering many financing options and solutions, small and medium enterprises of various sectors and sizes could access the financing…
Saudi Arabian digital security firm Elm is set to raise 3.07 billion riyals ($818 million) after pricing its initial public offering at the top of its…
President Recep Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as…
The Biden administration plans to spare everyday Russians from the brunt of US export controls if Russia invades Ukraine, and focus on targeting industrial…
The value of non-oil foreign trade passing through Abu Dhabi ports over 11 months in 2021 amounted to some AED190.20 billion (51.7 billion), an increase of 2.9…
Saudi Aramco Chief Executive Amin Nasser said on Thursday that investment in oil and gas was needed to run alongside new energy investments until the latter…
Electronic payments in the Saudi retail sector exceeded 57% of total transactions conducted in 2021, surpassing the 55% target set out by the Financial Sector…
The UAE’s largest bank, First Abu Dhabi Bank, revealed plans to expand in the domestic market as well as in Saudi Arabia and Egypt in the coming period. The…
Saudi private sector representatives called for setting a road map to strengthen economic relations with Russia. The call followed statements by Chairman of…
Turkey's central bank ramped up its year-end annual inflation forecast to 23.2% from a previous 11.8%, but its chief dismissed the notion that a series of…
The Public Investment Fund launched Savvy Gaming Group (SGG), chaired by Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of PIF. Savvy…
The Arab Investment and Export Credit Guarantee Corporation (Dhaman) said it is ready to boost trade and investment cooperation between Arab states and Russia…
South Sudanese Minister of Foreign Affairs and International Cooperation Mayiik Ayii Deng has said his country seeks to bolster investment cooperation with…
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, has announced the launch of “xCube”…
OPEC+ will probably stick with a planned increase in its oil output target for March when it meets on Wednesday next week, several sources from the producer…
Thessaloniki Port Authority , the operator of Greece's main port in the north, has teamed up with Suez Canal Economic Zone in Egypt, seeking to boost their…
Saudi Arabia’s overall merchandise exports jumped 82.5% in November 2021 compared to the same month in 2020, according to official data released by the Saudi…
Sudan’s government increased prices for electricity, one of the country’s few still-subsidized commodities, as part of an ongoing economic reforms package, the…
Ruler of Abu Dhabi, President Sheikh Khalifa bin Zayed Al Nahyan issued a new family business ownership governance law that aims to further enhance the family…