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…
Saudi Arabia wants to raise economic output to reach SAR 6.4 trillion ($1.71 trillion) by 2030, said Investment Minister Khalid al-Falih on Wednesday in a…
The UAE government has successfully closed its offering of a US dollar-denominated multi-tranche sovereign bond package, comprising medium and long-term…
Turkey's President Recep Tayyip Erdogan dismissed three central bank monetary policy committee (MPC) members on Thursday, appointing two new members in their…
The Lebanese pound sold for more than 20,000 to the dollar on Wednesday, losing almost all the value it regained following the announcement of a new government…
Saudi Arabia revealed on Tuesday an international trend to draw a green roadmap aimed at pushing efforts towards preserving the environment and supporting…
Saudi Excellence (al-Tamayuz) company and the French Biotope launched a partnership to provide solutions to environmental challenges, such as increasing the…
Saudi Minister of Human Resources and Social Development (HRSD) Ahmed Al-Rajhi issued a ministerial decision approving an amendment to the Saudization guide…
Greece and Egypt are set to sign an agreement on Thursday on a plan to build an undersea cable linking their electricity grids, a Greek energy ministry…
Egypt’s Ennpi and Petrojet signed a memorandum of understanding worth 6 billion Egyptian pounds ($381.56 million) with Assiut Oil Refining Company to develop a…
The Saudi Center for International Strategic Partnerships plans to establish the Institute of Agricultural Technology and Food Production in the al-Jouf region…
Oil prices edged down on Wednesday on concerns that oil demand growth will fall as major economies suffer through inflation and supply chain issues though…
The global transition to clean energy is still far too slow to meet climate pledges and risks fueling even greater price volatility, the International Energy…
The UAE cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, approved the UAE General…
France wants to be a leader in green hydrogen by 2030 and build new, smaller nuclear reactors as part of a 30-billion-euro ($35 billion) investment plan aimed…
Sudan expects to return to economic growth this year at near one percent of gross domestic product, its finance minister said on Monday. The government…
Saudi Arabia, represented by the Saudi Export Development Authority, has provided more than 190 export opportunities for factories and companies operating in…
Dubai ports giant DP World and Britain's development finance agency CDC Group on Tuesday said they planned to jointly invest up to $1.72 billion in logistics…
Saudi economic experts underlined the importance of the National Investment Strategy launched by Crown Prince Mohammed bin Salman on Monday, saying that it…
Saad al-Kaabi, Qatar’s Minister of State for Energy Affairs, Managing Director and CEO of Qatar Petroleum, announced the change of the company’s name to Qatar…
ACWA Power, which debuted on Saudi Arabia’s stock market on Monday, expects to finalize in the first quarter of next year billions of dollars in financing for…
Egypt's annual urban consumer price inflation (CPI) climbed to 6.6 percent year on year from 5.7 percent in August, data from the country's statistics agency…
Shares in Saudi Arabian renewable energy utility ACWA Power International jumped 30% on their market debut on Monday after a $1.2 billion IPO, the kingdom's…
The government of Dubai on Sunday announced a diversified portfolio of public-private partnership (PPP) projects worth more than 25 billion dirhams ($6.81…
Egypt started construction of a gas pipeline in the Western Desert with an expected capacity of 15 million cubic feet of gas per day, the petroleum ministry…