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…
Investments are anticipated in projects linked to the development of natural gas reserves in Block 10 in central Oman, according to Dr. Saleh al Anbouri,…
Chinese Foreign Minister Wang Yi was in Sri Lanka on Sunday seeking to advance China's ambitious Belt and Road Initiative, as the island nation looked to…
The King Salman Energy Park (SPARK), the global integrated system in the field of localization of energy industries and services in Saudi Arabia, revealed an…
The Saudi Ministry of Industry and Mineral Resources, in partnership with the Arab Industrial Development, Standardization and Mining Organization (AIDSMO),…
Riyadh and Seoul reviewed the horizons for cooperation in industrial development on Thursday, especially collaboration on transferring the expertise of…
Saudi Minister of Transport and Logistic Services Eng. Saleh bin Nasser Al-Jasser met during his visit to Doha with Qatar's Minister of Transport and…
The Saudi Ministry of Industry and Mineral Resources will organize on Jan. 11-13 in Riyadh, the International Mining Conference, which will be an opportunity…
The Saudi government informed the private sector that the Jdeidet Arar border port with Iraq has been well equipped for freight transportation, in a step that…
The Abu Dhabi National Oil Company (ADNOC) announced the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract…
Turkey's lira slipped as much as 1.7% on Thursday, and has shed some 22% in the last nine trading sessions, on persisting investor concerns about a surge in…
King Abdulaziz City for Science and Technology (KACST) and King Abdullah City for Atomic and Renewable Energy (K.A. CARE) signed an agreement to combine their…
The Tunisian government announced its economic reforms program for the coming years. The program will be presented to the International Monetary Fund (IMF) to…
The Saudi Ministry of Industry and Mineral Resources announced the first-ever Future Minerals Forum under the patronage of the Custodian of the Two Holy…
The Jordanian Cabinet on Wednesday appointed Adel Sharkas, a longtime Central Bank of Jordan (CBJ) official, as the new governor succeeding Zyad Fareez, Petra…
DP Word and the Senegalese government announced on Tuesday the start of construction of the new Port of Ndayane, about 50 km from the existing Port of Dakar in…
Saudi Arabia’s Shura Council approved a draft agreement for air transport services between the Kingdom and Qatar on Tuesday. The approval is set to broaden…
Global benchmark Brent crude jumped on Tuesday to $80 a barrel, its highest since November, as OPEC+ agreed to stick with its planned increase for February…
Al-Amar mine - one of the main gold mines in the Kingdom – produces around 350,000 tons of minerals annually. It has also generated 580,500 ounces of gold from…
The Saudi Ports Authority (Mawani) unveiled a new strategy, which it said would mark a new phase in the Kingdom’s maritime transport and logistics sector. …
The Gulf Cooperation Council (GCC) equity market index closed in 2021 with 34.9% gains, marking the biggest gains since 2008, according to a report by Kuwait…
The lira slid as much as 4% against the dollar on Tuesday as Turkey girded for inflation to rise further after touching a 19-year peak. Finance Minister…
Egypt has awarded eight oil and gas exploration blocks in the Mediterranean, Western Desert, and the Gulf of Suez to international oil companies, according to…
QatarEnergy said it has awarded an engineering, procurement, construction and installation (EPCI) contract for the offshore portion of its massive North Field…
Oil prices surrendered earlier gains on Tuesday as investors embraced expectations that major oil producers will confirm a plan to add supply later on Tuesday…