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…
AD Ports Group signed a Memorandum of Understanding with the General Company for Ports of Iraq (GCPI) to promote increased cooperation within the fields of…
Saudi Arabia’s Minister of Environment, Water and Agriculture, Eng. Abdul Rahman bin Abdul Mohsen Al-Fadhli, emphasized the success of the Kingdom’s experience…
Ethiopia has signed an agreement with Morocco’s Office Cherifien des Phosphates (OCP), the world’s largest phosphate exporter, to implement a fertilizer…
Oil dropped more than $1 a barrel to below $75 on Monday as rising risk aversion weighed on stock markets and boosted the US dollar, while more US Gulf oil…
The Bangladeshi prime minister's private industry and investment adviser, Salman Fadel Rahman, revealed on Sunday that his country is prepared to set up a…
A recent study by the King Abdullah Petroleum Studies and Research Center (KAPSRC) revealed that the growth of economic activity in Saudi Arabia had increased…
The Organization of the Petroleum Exporting Countries (OPEC) and its allies will try to keep oil prices at $70 per barrel in the first quarter of 2022, Iraq’s…
AD Ports Group has announced it will establish a state-of-the-art cruise terminal at Marsa Zayed in Aqaba, Jordan, following the signing of a Heads of Terms…
Egyptian state-controlled payments firm e-finance for Digital and Financial Investments said on Sunday it would offer up to 14.5% of its capital in an initial…
The Iraqi Oil Ministry announced that it would launch a gas investment project in the Nasiriyah and al-Gharraf fields with the US company Rico Hughes in Dhi…
Saudi Arabia has started implementing new legislation for its justice system to improve judicial services and develop courts. The new Judicial Costs Law,…
In light of international demands to reduce carbon emissions, experts affirmed that Saudi Arabia was leading expectations with a higher growth rate and a…
Fitch Ratings revised up Turkey's 2021 economic growth forecast to 9.2 percent, according to the rating agency's Global Economic Outlook for September,…
Algeria is preparing a new investment law to improve its business climate and attract foreign investors with the aim of boosting the non-energy sector, Prime…
The Abu Dhabi National Oil Company (ADNOC), BP and Masdar have announced the signing of strategic framework agreements to expand upon the United Arab Emirates…
Lebanon’s incoming minister of energy announced on Friday new price hikes for gasoline of nearly 40%, effectively narrowing the fuel subsidy. This raises…
Official Saudi data revealed expectations for the growth of car market sales in the country over the next four years, with a particular focus on electric cars…
International air traffic to Greece picked up strongly in August at the peak of the summer tourism season, civil aviation authority data showed on Friday. …
Lebanon's finance minister Youssef Khalil on Friday signed a new contract with restructuring consultancy Alvarez & Marsal (A&M) to carry out a forensic audit…
Saudi Arabia-based engagement platform Unifonic announced its half a billion Saudi riyal ($125 million) Series B funding round, led by SoftBank Vision Fund 2…
The Saudi Finance Ministry revealed on Wednesday the need for a flexible regulatory mix in government agencies consisting of direct supervision, self…
Oil slipped but held above $75 a barrel on Thursday, within sight of a near seven-week high hit a day earlier, supported by a big drop in US crude inventories…
Agthia Group, the UAE’s leading food and beverages company, has announced that it has completed the strategic acquisition of a majority stake in Ismailia…
Information on Tuesday revealed that the consortium of companies owning the Jazan Gasification and Energy Production Complex in Jazan Economic City, which…