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…
Tourism sector revenues in Tunisia have slightly improved and were estimated at around 1.9 billion Tunisian dinars (about $678 million) in the first 10 months…
Iraq's external public debt has fallen to $20 billion, the state news agency (INA) reported on Saturday, citing the prime minister's adviser for financial…
Johnson & Johnson said on Friday that it is planning to break up into two companies, splitting off its consumer health division that sells Band-Aids and Baby…
Saudi Arabia's production of fruits witnessed a jump of 194 percent in six years, reaching 2.7 million tons by the end of 2020, compared to 930,000 tons six…
Jordan and Egypt signed a memorandum of understanding (MoU) to enhance cooperation in industrial integration between Jordan, Egypt, and Iraq. Jordan News…
The Turkish lira continued its dive into uncharted territory on Thursday, touching a new low of 9.975 to the dollar after a jump in US inflation exacerbated…
In line with the Kingdom’s Vision 2030 in achieving self-sufficiency and responsible sustainable production, ''Tanmiah'' Saudi Food Company, listed in Saudi…
Prices in the energy sector have jumped since the beginning of 2021, as a result of an increased demand with a shortage of supply. Prices of gas rose by more…
Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum said there’s still some way to go before operations could be restored to pre-pandemic levels and return to…
Chinese developer Evergrande met a deadline to pay overdue interest on three US-dollar bonds before their grace periods ended, a report said Thursday,…
Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs,…
Saudi Arabia’s Almunajem Foods on Thursday announced its intention to go public followed by a stock market listing. Riyadh-based Almunajem – which imports,…
Turkey's lira slid 1.3% to a new all-time low on Wednesday, as higher-than-expected US inflation data extended a losing streak for the currency that has been…
Egypt's annual urban consumer price inflation slipped to 6.3% in October from September's 20-month high of 6.6% but the month-on-month CPI figure rose to 1.5%…
Azerbaijani Energy Minister to Asharq Al-Awsat: OPEC+ Efforts Boost Balance, Organize Global Markets
The world’s future lies within the “energy mix” concept, but oil will remain a primary energy source for decades to come, said Parviz Shahbazov, Azerbaijan’s…
Saudi Aramco CEO Amin Nasser said on Tuesday that the spare oil production capacity worldwide could be reduced next year with the return of air travel, ending…
Saudi Arabia's top energy official said on Wednesday that efforts to combat climate change should not undermine global energy security or shun any particular…
Saudi Energy Minister Prince Abdulaziz bin Salman stressed the need to strengthen energy security and diversity, and to promote the economies of individual…
Morocco is exploring the global market for liquefied natural gas (LNG) after Algeria ended gas supplies via a key pipeline, Bloomberg reported on Monday. …
The Sultan of Oman has ordered a cap on motor fuel prices at October rates until the end of 2022, state media reported on Tuesday. The government would bear…
The head of Saudi Arabia’s Transport General Authority, Rumaih Al-Rumaih, revealed on Monday that the national transport strategy aims to bring the Kingdom’s…
The Saudi Digital Government Authority (DGA) has launched the regulatory sandbox for government technology companies to enhance digital government services in…
Saudi Arabia’s Capital Market Authority has allowed the financial market institutions to accept subscriptions of non-Saudis in the real estate fund that…
The 65 most vulnerable nations, topped by Sudan, will see GDP drop 20 percent on average by 2050 and 64 percent by 2100 if the world heats up 2.9 degrees…