Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
Syria has settled the debate over the identity of its new financial and investment system, adopting a model of “strategic partnership” between the public and…
Russia’s Minister of Economic Development Maxim Reshetnikov affirmed his country’s satisfaction with the level of development in its strategic relations with…
Korea Electric Power Corp (KEPCO) said it had won a contract to build and operate the second phase of a cogeneration power plant at Saudi Arabia's Jafurah…
Egypt is finalizing plans for its first yen-denominated bond sale in three years, Foreign Minister Badr Abdelatty told Reuters on a trip to Japan on Thursday. …
Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the US-Israeli war with Iran that could…
The International Monetary Fund (IMF) affirmed that the Saudi economy has demonstrated high resilience in the face of regional geopolitical tensions that have…
Cisco used its annual Cisco Live 2026 event to present artificial intelligence as a new test for infrastructure, not merely a software wave or a move toward…
The current oil supply crisis shows there is underinvestment in oil refining as demand holds resilient, Saudi state-owned Aramco's vice president of market…
The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the…
Saudi Arabia's non-oil private sector expanded at the fastest pace in three months in May as domestic demand improved and supply chains stabilized, while…
The UAE's non-oil private sector expanded only modestly in May as war in the region and the effective closure of the Strait of Hormuz weighed on output and new…
Gold prices slipped on Wednesday, as renewed hostilities in the Middle East pushed crude higher and stalled US-Iran talks, while investors awaited upcoming U.S…
Egypt's non-oil private ‌sector remained mired in contraction in May, as a fresh surge in input costs squeezed demand, forced businesses into aggressive…
Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average Iranians face as the country worries…
Saudi Arabia’s real estate market is showing clear signs that inflationary pressures are easing, after a package of government measures aimed at increasing…
The Kremlin said Saudi Arabia will be featured as the “guest of honor” at the 29th St. Petersburg International Economic Forum, SPIEF, in 2026, which opens…
Could private credit become the next global financial crisis? The question is gaining urgency across financial and regulatory circles after years of explosive…
Saudi Arabia’s listed healthcare companies reported combined net profits of SAR1.148 billion ($305.9 million) in the first quarter of 2026, as aggressive…
The Trump administration has proposed a new punitive tariff of 25% on many imports from Brazil, after deciding its practices were unfair on a range of issues…
Oil prices trended lower on Tuesday following the previous session's sharp gains as the market remained cautious about progress in US-Iran peace talks. US…
A recent analytical report says Gulf states are well positioned to play a larger role in shaping the regional security architecture in the aftermath of the war…
Gold prices fell on Monday as renewed US-Iran tensions pushed the dollar and oil prices higher, fuelling fears of inflation and reinforcing the higher-for…
Saudia Airlines has finalized a deal with Airbus to receive 12 new aircraft in 2026 as part of its ongoing fleet expansion and modernization program. By…
President Emmanuel Macron said Monday that he was expecting foreign investments amounting to 93 billion euros ($108 billion) at a conference dubbed "Choose…