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's state-owned Egyptian Natural Gas Holding Company (EGAS) and the Egyptian Petrochemicals Holding Company (ECHEM) 's chairman signed a memorandum of…
The Emirates Nuclear Energy Corporation (ENEC) has safely and successfully connected Unit 2 of the Barakah Nuclear Energy Plant to the UAE grid, following its…
The Saudi Shura Council called on the Capital Market Authority to promote local and international institutional investment, in addition to working on…
The transitional government in Sudan pledged to remove all obstacles that could hinder Saudi investments in the country. President of the Transitional…
Official Saudi data revealed that national economic growth exceeded government estimates, as the Saudi gross domestic product rose during the second quarter of…
After concluding a four-day assembly, NEOM Chief Projects Officer Brett Smythe revealed that more than 150 local and international design and construction…
Oman and Saudi Arabia held a joint workshop on the digital economy on Monday. The three-day workshop aims at strengthening cooperation, discussing joint…
Lebanon's outgoing finance minister Ghazi Wazni said on Tuesday a contract for a forensic audit of the central bank would be signed in a few days by the new…
The Arab Petroleum Investments Corporation (Apicorp) announced its plans to allocate $1 billion towards green energy projects and sustainable energy companies…
OPEC on Monday trimmed its world oil demand forecast for the last quarter of 2021 due to the Delta coronavirus variant, saying a further recovery would be…
The United Arab Emirates central bank has issued new guidelines to financial institutions on anti-money laundering practices, it said on Monday, the latest of…
Oman has welcomed the International Monetary Fund (IMF)’s report forecasting government debt to decline to around 47 percent of the GDP in 2026. Fiscal…
The Saudi Authority for Industrial Cities and Technology Zones (Modon), in cooperation with Kafo Charity for Employing and Training, has inaugurated a…
The Saudi Minister of Environment, Water and Agriculture Abdurrahman bin Abdulmohsen has confirmed the Kingdom’s desire to cooperate and boost trade, economic…
Saudi Arabia’s Investment Ministry said on Sunday the number of licenses issued to new investors during the first half of 2021 reached 1,054, an increase of…
Lebanon's finance ministry said on Monday the central bank would receive $1.135 billion on Sept. 16 in International Monetary Fund Special Drawing Rights (SDRs…
Oil prices rose for a second session on Monday as concerns over shut output in the United States, the world's biggest producer, following damage from Hurricane…
The Abu Dhabi National Oil Company (ADNOC) announced on Monday that it has set the offer price per share for the initial public offering of its drilling unit…
Sidra Capital, Saudi Investment firm licensed by Capital Market Authority, has announced the completion of its acquisition of a freehold Countryside House HQ…
Ayman Sejiny, CEO of the Islamic Corporation for the Development of the Private Sector (ICD), which is affiliated with the Islamic Bank, said that the…
Private sector companies in the UAE will have to fill 10% of their positions with Emirati nationals in five years’ time, the UAE said on Sunday in its latest…
The Saudi-Sudanese Investment Forum will kick off on Sunday in Khartoum, to discuss investment opportunities in various economic fields. The forum will…
Tunisia’s National Institute of Statistics has revealed a 13.7 percent trade deficit in August compared to the same period in 2020. The deficit grew from…
Iraq’s Oil Minister Ihsan Abdul Jabbar announced Saturday that Iraq would rely on green energy to invest in gas and produce renewable energy. During his…