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…
Bahrain on Sunday gave details of a new economic growth and fiscal balance plan that pushes a zero-deficit target back by two years to 2024 from 2022 and…
Oil prices dropped on Monday as China's release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a…
Emirates will hold talks with Boeing (BA.N) over the delays to its 777X jetliner before and during this month's Dubai Airshow, the state-owned airline's…
Emirates Food Industries plans to partially float its shares on the Abu Dhabi Securities Exchange, aiming to expand its operations to support the country's…
Saudi Arabia’s Minister of Economy and Planning Faisal al-Ibrahim affirmed on Saturday that the Kingdom is one of the world’s most important economic powers…
Iraq’s state oil marketing company, SOMO, said on Saturday Iraq sees no need to take any decision to increase its production capabilities beyond what has…
The world’s largest oil company, Saudi Aramco, reported $30.4 billion in third-quarter net income on Sunday, bolstered by a surge in oil prices and recovery in…
Egypt has increased the selling price of natural gas for the industrial sector to $5.75 per million thermal units for high consuming industries, an increase of…
Saudi Arabia will host on Sunday a meeting of Arab trade ministers, in preparation for the 12th World Trade Organization’s (WTO) Ministerial Conference (MC12)…
The Data Office of Saudi Arabia’s Local Content and Government Procurement Authority is currently working on analytical studies and statistical reports to…
An OPEC+ committee largely stuck to forecasts of a strong demand rebound this year and next ahead of a meeting next week, at which the group is expected to…
The Future Investment Initiative (FII) conference, in its fifth edition, concluded by highlighting the huge opportunities awaiting investors in the field of…
International experts and founders of international companies in digital technology and healthcare said at the conclusion of the Future Investment Initiative…
Ether, the world's second largest cryptocurrency, hit an all-time high on Friday, a little over a week after larger rival bitcoin set its own record. As…
The World Bank has approved a $360 million development policy financing (DPF) loan to support Egypt’s post-pandemic recovery, Minister of International…
Egypt's Supply Minister Ali Moselhy said on Thursday deciding a new price for subsidized bread "will take time". Egyptian President Abdel Fattah al-Sisi in…
International experts participating in the Future Investment Initiative (FII) conference’s fifth edition in Riyadh called for investing more in humans over the…
Heads of government and senior officials worldwide are calling for increased investment in Fintech, maintaining that it enhances governance values and…
Saudi Energy Minister Prince Abdulaziz bin Salman announced the imminent release of the Kingdom’s energy strategy, noting that it would be an embodiment of the…
The latest International Labor Organization (ILO) Monitor report on the impact of COVID-19 on labor markets shows a stalled global recovery and significant…
Lebanon's central bank had a $4.7 billion hole in its reserves by the end of 2015 that was not disclosed to the public, an early warning sign of the financial…
Oil prices slumped to their lowest in two weeks after official figures showed a surprise jump in US inventories of crude, and rising cases of COVID-19 in…
World leaders at the Future Investment Initiative (FII) stressed the importance of green economy transformation, calling for boosting global efforts towards…
The United Arab Emirates announced on Tuesday a clean energy partnership between the Abu Dhabi National Oil Company (ADNOC) and Emirates Water and Electricity…