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 Riyadh Economic Forum, in cooperation with KPMG, announced that it had reached 30 proposals on development and diversification. The Riyadh Economic…
Saudi Arabia has been working to boost and develop the mining industry to attract foreign investments. It will host the Future Minerals Summit (FMS) in…
Tunisia's outstanding public debt reached nearly 102.2 billion dinars, or 81.5% of GDP, at the end of October 2021, increasing 12% compared with the same…
Etihad Airways and ADQ, one of the region’s largest holding companies, announced Thursday a proposed transaction that will support the ongoing transformation…
Saudi Arabia's National Debt Management Center (NDMC) has completed its 2021 borrowing plan worth over $33.3 billion as part of the public debt strategy…
Egypt's Trade and Industry Minister Nevine Gamea underlined the importance of benefiting from the Omani market for Egyptian exports to access the Gulf…
In a move set to boost employment in Saudi Arabia, the Kingdom has implemented a host of new improvements to its labor market. The enhancements aim to enable…
Saudi’s state grains buyer SAGO said on Thursday it has approved an exceptional increase in its local wheat procurement price of 100 riyals ($26.63) per tonne…
UAE announced a $3.6 billion strategic project to significantly decarbonize the offshore production operations of Abu Dhabi National Oil Company (ADNOC). …
Egypt inaugurated a new gasoline production complex in Assiut Governorate in Upper Egypt, estimated to provide about 13 percent of the country's needs of high…
Turkey's financial markets saw their wildest 48 hours in decades after a plunge in the lira forced the government into a radical new plan to convince Turks to…
Oil prices edged up on Thursday for a third consecutive session over positive developments around COVID-19, even as China imposed new travel curbs and…
The Saudi Ports Authority, MAWANI, has announced a new direct shipping service connecting Saudi Arabia to Djibouti in an important development that serves to…
New Saudi regulations and legislation have recently contributed to raising the number of factory licenses in the Kingdom. The Saudi Ministry of Industry and…
Measures to protect Turkish lira bank deposits from depreciation amid a currency crisis have achieved their goal, President Recep Tayyip Erdogan said on…
Saudi Arabia is pushing to accelerate the privatization of the health sector, as an integral part of the programs of Vision 2030. In this context, Custodian…
Saudi Arabian utility developer ACWA Power said on Tuesday it closed an agreement for $1.33 billion (4.9 billion riyals) in senior debt for a multi-utilities…
The World Bank reaffirmed its commitment to support the economic recovery program in Tunisia for inclusive and sustainable growth, as well as to ensure the…
Egypt’s Suez Canal Economic Zone on Tuesday signed a $2.6 billion contract to build a methanol plant at Egypt’s Ain Sokhna port and industrial complex, it said…
Some foreign banks are reviewing limits for dollar lending to Turkish businesses amid the lira's wild fluctuations, two banking sources said, in a move that…
Egypt and Libya launched a joint electronic system to facilitate the movement of laborers between the two countries. Egyptian Manpower Minister Mohamed…
Vice President of Islamic Chamber of Commerce Calls for Economic Integration Among Islamic Countries
Engineer Ibrahim al-Arabi, Vice President of the Islamic Chamber of Commerce, Industry, and Agriculture (ICCIA), called for economic integration among Islamic…
Oil prices steadied on Tuesday after a sharp fall in the previous session as investors worried about the rapid spread of the Omicron coronavirus variant and…
The Saudi Ports Authority (MAWANI) launched on Monday, in cooperation with the Saudi Global Ports Company, a new shipping service from China to the King…