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…
Sidra Capital, a financial firm licensed by Saudi Capital Markets Authority, announced on Wednesday that it has acquired a strategic interest in 10000 Energy…
Egyptian Minister of Planning Hala Al-Saeed said that her country expects growth rate to range between six and seven percent in the second quarter of the…
The Saudi Public Investment Fund (PIF) and the Saudi Telecom Company (STC) - the largest telecommunications company in the Middle East - announced the…
Oil prices fell for a third day straight on Wednesday on growing expectations that supply growth will outpace demand growth next year, even though the Omicron…
Tunisia said Tuesday it had received a loan from Algeria, the day before a visit by Algerian President Abdelmadjid Tebboune. The official journal said that…
The estimated financial surplus announced by the Saudi government on Sunday highlighted features of financial sustainability in the 2022 budget, supported by…
Qatar Energy will acquire a 17 percent stake in two Shell-operated concessions (Block 3 and Block 4) in Egypt's Red Sea region, Shell Egypt said on Monday. …
Turkish house sales to foreigners jumped 48.4% to a record level in November, official data showed on Tuesday, as a slump in the value of the lira made…
Saudi Finance Minister Mohammad Al-Jadaan underlined the importance of supporting the growth of small and medium enterprises, in parallel with the…
The Turkish lira crashed as much as 7% in just a few minutes to a new record near 15 to the dollar on Monday, gripped by worries over President Recep Tayyip…
Saudi Arabia said on Sunday it expected to post its first budget surplus in nearly a decade next year, as it plans to restrict public spending despite a surge…
Saudi Arabia 's mining complexes reached 360, according to data released by the Saudi Ministry of Industry and Mineral Resources. Under Vision 2030, mining…
Official information revealed a new directive issued by the Federation of Saudi Chambers called on the private sector to view an e-guide for members of the…
Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), said Saturday it was seeking vegetable oils in an international purchasing…
Exports of the Amman Chamber of Industry (ACI) increased 16 percent in the first 11 months of 2021, compared with the same period in 2019, ACI revealed on…
Many young Arabs in the Middle East are now turning to online banking services to help track their spending and budget. When Mayar Akrameh was growing up in…
The Federation of Saudi Chambers of Commerce stressed the need to accelerate ongoing efforts to develop commercial relations between the Kingdom and Kuwait and…
Tunisia will continue to fulfill its foreign debt obligations, and it has started preparatory work for an International Monetary Fund (IMF) deal, Prime…
Morocco's economy has rebounded with GDP in 2021 projected to grow 6.3 percent on the back of a rapid response to the coronavirus pandemic, the International…
S&P Global Ratings on Friday changed its outlook for Turkey's credit rating to negative from stable, as the country struggles with high inflation and a…
US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided island of Cyprus despite…
Gold fell to a one-week low on Friday ahead of US consumer price data for November, with some investors expecting a higher inflation reading could prompt the…
Syria will host the Arab energy conference in 2024 after all members of the Organization of Arab Petroleum Exporting Countries (OAPEC) agreed, a statement by…
Bahrain and Saudi Arabia agreed to hold a feasibility study for establishing a Bahraini-Saudi multi-industry holding company. The agreement was reached on…