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…
Britain is working out how to support energy-intensive industries hit by soaring gas prices, business minister Kwasi Kwarteng said on Sunday, describing the…
Electricity demand in Saudi Arabia is undergoing unprecedented changes following the implementation of efficiency measures and energy price reforms, according…
The UK kicked off the process to sign a trade deal with Saudi Arabia and a group of other Gulf states, its latest post-Brexit target as it seeks deeper…
The International Monetary Fund said Friday it will decide "very soon" whether its embattled managing director Kristalina Georgieva keeps her job. An…
China Evergrande Group is expected to default on its offshore bond payment obligations imminently, investment bank Moelis & Co, which has been selected as an…
The Turkish lira weakened to a record low against the dollar on Friday, hit by concerns over the credibility of monetary policy as well as underlying strength…
Egypt has raised domestic fuel prices in a quarterly review that links energy prices to international markets, the official gazette said early on Friday. …
Sources working in the aviation sector said on Thursday that the air transport movement witnessed high growth, reaching 90 percent of pre-pandemic operation…
The United Arab Emirates announced the UAE Net-Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050. The initiative…
The world’s largest express transportation company FedEx Express is moving to a direct-serve presence in Saudi Arabia. FedEx Express will invest more than…
The Riyadh Airports Company (RAC), which operates King Khalid International Airport in Riyadh, has joined the Airports Council International (ACI) Asia-Pacific…
Saudi Minister of Commerce and Investment Dr. Majed Al-Qasabi has met with a number of Swedish officials in Stockholm, the Saudi Press Agency reported Thursday…
Oil prices fell sharply on Thursday, extending losses from the previous session, as the United States said it was considering selling oil from its strategic…
China urged its liquefied natural gas (LNG) importers to procure more supply to fix its energy crisis, while providing little financial support for firms…
The international credit rating agency Fitch confirmed the positive future directions of the financial policies that the Kingdom of Saudi Arabia seeks to…
Global shares rose Thursday, tracking a rally on Wall Street spurred by signs of progress on resolving the standoff in Congress over the federal debt ceiling. …
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution focused on the energy sector, announced that it has…
Iraq's oil minister said that oil at $75-$80 a barrel was a fair price for producers and consumers, adding that his country was seeking to expand its…
Iraq has signed a contract with a United Arab Emirates-based renewable energy developer to build five solar power plants in the oil-rich country with a…
Cryptocurrencies are inherently cryptic — it’s right there in the name. And if you follow Warren Buffett’s advice to never invest in businesses you can’t…
Abu Dhabi National Oil Company (ADNOC) and chemical producer OCI N.V. plan an initial public offering (IPO) of 13.8 percent of the shares in fertilizer joint…
Egypt and Saudi Arabia, represented by the Saudi Electricity Company and the Egyptian Electricity Transmission Company, signed the contracts for the award of…
Saudi Arabia has decided to redefine the tasks of the Ministries of Energy and Industry to eliminate the challenges facing the sector of petrochemicals. …
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El-Molla, met on Monday with the Lebanese Minister of Energy and Water, Walid Fayyad, to discuss…