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…
The Lebanese cabinet on Wednesday completed the formation of a committee tasked to negotiate with the International Monetary Fund (IMF) to unlock billions in…
Cairo-based financial group EFG Hermes (HRHO.CA) is negotiating to buy a stake in privately held Spanish power generation company Ignis Energia, Expansion…
The Saudi Shura Council on Tuesday encouraged foreign investors to access the Kingdom’s transport and logistics sector. In its 45th regular session of the…
Egyptian Minister of Petroleum Tarek el-Molla said that the impact of the COVID-19 pandemic on the oil and gas sector in Egypt was contained due to the reforms…
Sudan announced on Tuesday it will start the process of accrediting its gold refinery in Dubai on Wednesday, state news agency SUNA said. Abdul Azim Al…
The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, has completed the acquisition of a 25 percent stake in Emaar The Economic City (EEC)…
Saudi Arabia on Monday unveiled proposals for making financial institutions compatible with sustainable development and expand the scope of sustainable finance…
Saudi Aramco, Air Products, ACWA Power and Air Products Qudra announced the signing of final agreements to finance a joint venture worth 45 billion riyals (USD…
A state crackdown on China's colossal property market has helped send one of its biggest developers to the brink of collapse, and analysts warn the fallout…
Saudi Arabian petrochemicals companies Saudi Industrial Investment Group (SIIG) and the National Petrochemical Company (Petrochem) said on Tuesday they had…
The price of Brent crude oil jumped Tuesday above $80 for the first time in almost three years on expectations for surging demand and concerns about supplies…
Bahrain’s King Hamad bin Isa Al Khalifa issued a royal decree on Monday abolishing the National Oil and Gas Authority (NOGA), with all its functions to be…
An Indian diplomat said that New Delhi was looking to strengthen Riyadh’s partnership in 17 future investment opportunities, including new technologies, energy…
Bahrain is considering doubling the value-added tax (VAT) to 10 percent to boost state revenues and reduce its budget deficit, according to Bahraini…
Saudi Arabia will allocate nearly SAR4 billion ($1.06 billion) to push the Kingdom further towards improving the environment, protecting cities from pollution,…
The Saudi Real Estate Refinance Company (SRC), a wholly-owned company of the Public Investment Fund (PIF), signed on Sunday a partnership agreement with Banque…
Dubai's non-oil external trade surged 31 percent in the first half of 2021 to reach $196.6 billion from $149.8 billion in the same period in 2020. Dubai…
Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has visited the operations center of the Expo 2020 venue in Dubai,…
The Economy and Energy Committee of the Saudi Shura Council revealed on Saturday a draft that supports encouraging the establishment of metal casting and…
Leaders of Saudi and foreign business councils have confirmed that the coming period will witness a greater reaping of investment opportunities that align with…
China's central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of…
The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a…
Egypt raised on Thursday up to $3 billion in three-tranche US dollar-denominated bonds, for which price guidance was tightened after attracting over $7.25…
Saudi officials said on Thursday that the Kingdom was able to reach tangible development levels with the implementation of Saudi Vision 2030, emphasizing…