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…
UAE Energy Minister Suhail al-Mazrouei said on Monday that insufficient investments in the oil and natural gas industry could lead to a hike in energy prices. …
Organization of Islamic Cooperation Secretary-General Yousef bin Ahmed Al-Othaimeen has stressed the OIC’s support for Saudi Arabia’s bid to host Expo 2030 in…
The International Monetary Fund expects the foreign reserves of the six oil-rich Arab countries of the Gulf Cooperation Council (GCC) to increase by $300-$350…
Saudi Arabia's economy grew 6.8% year-on-year in the third quarter, the fastest growth since 2012, official data showed on Tuesday. "This positive growth…
Turkey's central bank said on Tuesday it had raised the reserve requirement ratios for forex deposits by 200 basis points and lowered the upper limit for…
The Palestinian Territories' economy is showing "signs of recovery" but still faces serious challenges including "very high unemployment and deteriorating…
Oil prices rose for a third session on Tuesday as the passage of a US infrastructure bill, Chinese exports and the global post-pandemic recovery lifted the…
Lebanon’s Prime Minister Najib Mikati said on Monday that preliminary talks with the International Monetary Fund were advancing well and a revised financial…
The Saudi Tadawul Holding Group, the kingdom's stock exchange, announced its intent to proceed with an initial public offering after receiving approval from…
Libya is seeking to restore its shares in the global oil and gas markets, after establishing production stability at 1.2 million barrels per day, announced…
Egypt's central bank has approved regulations designed to allow people to make instant electronic payments between bank accounts using their mobile phones, it…
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has finalized its utilities deal with a…
French President Emanuel Macron will visit Saudi Arabia next year to further boost the strategic partnership between the two countries and create long-term…
Indonesia’s state wealth fund said it has inked a new agreement that will allow funds from the United Arab Emirates to be placed in a variety of its high…
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai, ordered merging the economic and tourism departments to bolster the emirate’s…
Tunisia has restarted talks with the International Monetary Fund (IMF) over a rescue package, the central bank said on Saturday, after President Kais Saied's…
The Saudi Ministry of Environment, Water, and Agriculture has announced the launch of the overseas agricultural investment inventory program, which targets the…
Chairman of the Council of Saudi Chambers Ajlan al-Ajlan revealed that all Saudi national companies have stopped all of their dealings with Lebanese companies…
Ratings agency Moody's on Friday affirmed Saudi Arabia's rating at 'A1'and changed its outlook to "stable" from "negative", compared to its report published in…
Egypt has become more attractive to investments with its promising development opportunities, especially in infrastructure, information technology, and…
Kuwait has nominated its former governor to the Organization of the Petroleum Exporting Countries (OPEC), Haitham al-Ghais, to lead the oil producer group…
Turkey's economic outlook is being clouded by the prospect of dollarization, unpredictable policies, and currency volatility, which makes it challenging to…
The UAE and Indonesia signed several agreements and memoranda of understanding (MoU) in key sectors, such as diplomatic cooperation, digital financial…
In Iraq's southern province of Basra, the oil flows freely but little of the wealth trickles down to the people, and many struggle to make ends meet. Sajad,…