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…
Abu Dhabi's stock exchange launched a derivatives market on Thursday which allows trading in single equity futures of some of the bourse's companies. "With…
OPEC and its allies agreed at a meeting on Thursday to stick to plans to raise oil output by 400,000 barrels per day (bpd) from December, despite calls from…
Preparatory discussions on a possible IMF financing program for Lebanon have started, the International Monetary Fund said on Thursday. "Preparatory…
Discussions are underway to transfer the regional headquarters of some Danish international companies to the Kingdom of Saudi Arabia, a senior Danish official…
The Saudi Ministry of Environment, Water and Agriculture has signed an investment contract for the first “coffee city” in the Kingdom. The deal with the…
Saudi Arabia's non-oil private sector notched a 14th month of consecutive growth in October as output expanded at the fastest rate since December 2017,…
Saudi Arabia and Oman signed on Wednesday an Agreement of Understanding in the field of digital economy and a cooperation agreement to launch a joint…
Oil prices extended declines on Thursday, pushing US futures below $80 a barrel, after Iran and world powers agreed to resume nuclear talks this month that…
The United Arab Emirates and the International Renewable Energy Agency (IRENA) has launched a global platform that aims to accelerate renewable energy projects…
Saudi Arabia’s Capital Markets Authority said on Wednesday it has approved an initial public offering of Saudi Tadawul Group, the Kingdom’s stock exchange. …
Recent announcements revealed that the Kingdom will pump more than 750 billion riyals (USD 200 billion) in giant projects for green transformation and climate…
Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said in a tweet on Tuesday…
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has partnered with Red Sea Farms, a…
The General Secretariat of the Gulf Cooperation Council (GCC) has backed Saudi Arabia’s official bid to host Expo 2030 from Oct 2030 until April 2031. The…
The Dubai government plans a stock market flotation of utility Dubai Electricity & Water Authority (Dewa), it said on Tuesday, among 10 state-backed companies…
Egypt has advanced from 26th place in 2020 to the 20th among the world’s top 40 markets in the Renewable Energy Country Attractiveness Index for 2021, the…
Egypt's Suez Canal reported $551 million in revenue for the month of October, the canal authority's chairman, Osama Rabie, said on Tuesday. The monthly…
The Iraqi government plans to sign energy contracts worth tens of billions of dollars with Saudi Arabia, the state newspaper al-Sabaah cited Iraqi Oil…
The Saudi real estate sector witnessed on Monday the conclusion of the first agreement to refinance a Saudi real estate portfolio, with the Saudi Real Estate…
Saudi Arabia is participating in the COP 26 UN Climate Change Conference - hosted by the United Kingdom in partnership with Italy - armed with around 65…
Oil prices were steady on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, while the world's top oil consumer…
Iraq’s oil exports for October rose to 3.12 million barrels per day (bpd) from 3.081 million bpd in the previous month, the oil ministry said in a statement on…
Saudi Ports Authority (Mawani) signed an agreement with Maersk, a global integrator of container logistics, committing to an investment of $136 million over 25…
A joint Arab ministerial statement underlined the need to accelerate the accession of Arab countries to the World Trade Organization (WTO). Saudi Minister…