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…
Top oil producing countries on Monday picked Kuwaiti oil executive Haitham al-Ghais as the next secretary general of the Organization of the Petroleum…
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved the government of Dubai's general budget for the…
Korea Hydro & Nuclear Power (KHNP) has been selected to participate in Egypt’s El-Dabaa nuclear power plant project, Yonhap News Agency said on Sunday. …
Saudi Industry and Mineral Resources Minister Bandar Alkhorayef has introduced an accelerated mining exploration project in the Kingdom, unveiling the new…
Turkey's annual inflation rate surged to its highest level in December since 2002, official data showed Monday, after a currency crisis late last year. …
Oil prices firmed on Monday as the market kicked off 2022 on a positive note with suppliers in focus ahead of Tuesday's OPEC+ meeting, although surging COVID…
Egypt's Suez Canal revenues hit an all-time high in 2021 of $6.3 billion, versus $5.6 billion in 2020, canal spokesperson George Safwat said on Sunday. Some…
The Saudi government is seeking to enable the private sector to contribute to state projects by designing a strategy that involves the Federation of Saudi…
Director of Sudan’s Electricity Holding Company Othman Daou al-Bait revealed Saturday government plans to increase electricity coverage from the current 32% to…
Oman’s oil production stood at 323,174,600 barrels in November 2021, the National Center for Statistics and Information (NCSI) said on Saturday, up 1.4 percent…
Businesses working in Morocco's key tourism sector say the country's tough COVID-19 restrictions, including a full flight ban, are undermining its…
The Gulf foreign trade dropped 21.5 percent in 2020 to reach $840.7 billion due to the repercussions of the coronavirus pandemic, compared to $1.07 trillion in…
The Saudi Agricultural and Livestock Investment Company (SALIC), a wholly-owned subsidiary of the Public Investment Fund, has declared completion of supplying…
Turkey sharply raised electricity prices by 50-100% for households and companies on Saturday, and again increased monthly natural gas bills, adding to strains…
The Saudi economy, the largest in the region, is on its way to record very strong growth level this year, following a year of remarkable performance and…
Therese Sfeir Fri 12/31/2021 1:18 PM Saudi Arabia Says OPEC+ Agreement Essential To Market Stability Asharq Al-Awsat Custodian of the Two…
Following Custodian of the Two Holy Mosques King Salman bin Abdulaziz’s announcement of the start of the second phase of the Kingdom’s Vision 2030, experts…
The UAE's Minister of State for Foreign Trade, Thani al-Zeyoudi, and Georgia's Minister of Economy and Sustainable Development, Natia Turnava, officially…
President Recep Tayyip Erdogan said on Friday that Turks should keep all their savings in lira and that recent exchange rate volatility was largely under…
The Saudi Central Bank (SAMA) announced the extension of the Deferred Payment Program for three additional months for the benefit of micro, small and medium…
European wheat prices rose on Wednesday after Egypt’s first purchase of French wheat in almost a year raised hopes of further exports in a market that has been…
The Turkish lira weakened for a fifth consecutive day on Friday, further eroding the big gains it made a week earlier as investors continued to fret about the…
Kuwait's candidate to lead the Organization of the Petroleum Exporting Countries (OPEC) has widespread support from the group, with current secretary general…
Aviation giant Emirates said Thursday it expects business to grow next year despite the surge in global coronavirus cases fueled by the Omicron variant. The…