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…
International participants at the Future Investment Initiative (FII) unanimously agreed on Tuesday on the importance of investment bringing about positive…
Saudi Central Bank (SAMA) announced that the Kingdom is striving to establish a low-cost digital central bank that simulates digital operations on the occasion…
Saudi Arabia said on Wednesday it had licensed 44 international companies to set up regional headquarters in the capital Riyadh under the Kingdom’s push to…
Greek Prime Minister Kyriakos Mitsotakis stressed that his country’s relations with Saudi Arabia and the Gulf were strategic, pointing to common geopolitical…
Saudi Aramco signed five Memoranda of Understanding with national and global investors to develop a green hydrogen project, manufacture advanced nonmetallic…
Egypt’s petroleum ministry said on Tuesday that Italian energy group Eni made three oil and gas discoveries in the western desert. The discoveries include…
Nigerian President Muhammadu Buhari launched the country's new digital eNaira currency on Monday as Africa's largest economy looked to tap into the growing…
The Saudi Fund for Development said it was depositing $3 billion in Pakistan's central bank to help support its foreign reserves, the Kingdom's state news…
The fifth edition of the Future Investment Initiative Forum (FII) kicked off in Riyadh on Tuesday. Crown Prince Mohammed bin Salman, Deputy Prime Minister…
Egypt’s Minister of International Cooperation Rania al-Mashat stressed the importance of speeding up efforts to stimulate the business environment in light of…
India’s recent adoption of trade protectionist measures on mono ethylene glycol (MEG) imports from Kuwait and Saudi Arabia is damaging to its domestic market,…
The Saudi-Pakistani Investment Forum has discussed opportunities to enhance the trade and investment partnership between the two countries. Pakistan's Prime…
Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally driven by strong demand in the United States, the world's biggest…
Saudi Arabia's push for firms to set up regional headquarters in Riyadh is not aimed at dismantling corporate operations elsewhere and proves its success. …
Emirati prosecutors said Sunday they launched a major investigation into Dubai-based real estate developer Union Properties, saying they would probe…
Turkey's lira sank to new lows on Monday as tensions between Ankara and the West combined with unconventional monetary policy and rising inflation. The lira…
Saudi Aramco and TotalEnergies launched on Monday the first two service stations of their joint retail network in the Saudi capital, Riyadh, and Saihat, in the…
Shares of embattled Chinese developer Evergrande rose Monday after it said it had resumed work on more than 10 projects, as it sought to soothe fears about its…
Egypt has allowed hotels to run at full capacity while observing strict coronavirus precautionary measures, an official at the Ministry of Tourism said on…
Saudi Arabia wants to be the biggest supplier of hydrogen, the country's Energy Minister Prince Abdulaziz bin Salman al-Saud said on Sunday. The world's…
The Riyadh Sustainability Strategy announced by Saudi Crown Prince Mohammed bin Salman launched over 68 ambitious sustainability initiatives covering five…
Saudi National Bank (SNB), the country's biggest lender, on Sunday posted a nearly 20% rise in third-quarter profit from higher fees. SNB reported a net…
Petrochemicals giant Saudi Basic Industries Corp (SABIC) announced plans on Saturday to meet carbon neutrality by 2050, the company said in a statement on the…
Saudi Aramco aims to achieve net zero emissions from its operations by 2050 while also building hydrocarbon capacity and expanding its maximum sustained…