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…
Egypt is the most investment-attractive destination in Africa, followed by Morocco and South Africa, according to a recent report by Rand Merchant Bank (RMB). …
The International Monetary Fund warned on Friday that Australia must act to curb runaway home prices, which have surged more than 20 percent in major cities…
Saudi Finance Minister Mohammad al-Jadaan revealed that the Kingdom made tangible progress in economic diversification, citing an increase in the growth rates…
Turkey's lira edged close its all-time low on Friday, driven by fleeing foreign investors but mitigated by local bargain hunting, a day after the central bank…
Seeking to dispel fears of financial turmoil, some Chinese banks are disclosing what they are owed by a real estate developer that is struggling under $310…
The United Arab Emirates central bank (CBUAE) said on Thursday it was starting to gradually withdraw stimulus measures introduced last year to mitigate the…
Turkey's central bank unexpectedly cut its policy rate by 100 basis points to 18% on Thursday, delivering stimulus long sought by President Recep Tayyip…
Lebanon bond investors could see their holdings slashed by 75%, Goldman Sachs said, should the newly formed government solve losses in the financial system,…
Argentina on Wednesday made a nearly $1.9 billion payment toward a $44 billion loan from the International Monetary Fund. The payment was confirmed to AFP…
The Securities and Commodities Authority (SCA) and the Dubai World Trade Centre Authority (DWTCA) have entered into an agreement supporting the regulation,…
The Organization for Economic Cooperation and Development (OECD) estimated that Saudi Arabia’s GDP would record encouraging growth rates for 2021 and 2022. …
Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in US crude inventories as production remains…
Taiwan has applied to join a major trans-Pacific trade deal, officials confirmed Thursday, days after China said it also wanted to become a member of the…
Nigeria and Ghana are racing to adopt a central bank digital currency as they look to ride the wave of popularity of cryptocurrencies in West Africa's two…
John Pagano, CEO of the Red Sea Development Company and the Amaala project - two prominent pillars of the tourism transformation within the Kingdom Vision 2030…
The governor of the Saudi Arabia’s Public Investment Fund and Saudi Aramco chairman, Yasir Al Rumayyan, stressed Tuesday that the Kingdom is moving forward in…
State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit,…
Saudi Telecom Company has completed the retail and institutional subscription to the initial public offering of Arabian Internet and Communications Services Co…
A report by Orient Planet Research (OPR), the market research unit of the Orient Planet Group (OPG), said that the economies of the GCC countries would witness…
Saudi Arabia, the world’s largest oil exporter, maintained its leadership of crude suppliers to China for the ninth consecutive month in August, as major…
Gastech, the world’s foremost exhibition and conference supporting the gas, Liquefied natural gas (LNG), hydrogen and energy industry, kicked off in Dubai on…
King Abdullah University of Science and Technology (KAUST) has become a member of the Venture Capital and Private Equity Association (VCPEA), an industry body…
Saudi Arabia has ranked among the first group of the highest pioneering and innovative countries in providing government services and interacting with citizens…
Saudi Authority for Industrial Cities and Technology Zones (Modon) announced that it houses 23 factories to support renewable energy supply chains in the…