Mega projects in Saudi Arabia are offering increasing opportunities for small and medium-sized factories to expand their businesses and integrate into local…
Iraq produces more than 5 million barrels of oil per day (bpd), Oil Minister Basim Mohammed told state news agency INA on Saturday. According to Reuters, Iraq…
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%…
Saudi non-oil exports hit their highest-ever monthly level in June 2021, after reaching SAR23.5 billion, the Saudi Export Development Authority (Saudi Exports)…
The Saudi Communications and Information Technology Commission (CITC) launched Sunday the local roaming service to ensure operating services in all regions in…
Oil prices dropped from a four-week high on Monday as Hurricane Ida weakened after forcing precautionary shutdowns of US Gulf oil production, and attention…
Emirates Global Aluminium, one of the world's largest aluminium producers, returned to profit in the first half of 2021 on the back of higher prices for its…
The increase in oil output agreed last month by OPEC+ nations could be reconsidered at its next meeting on Sept. 1, Kuwait's oil minister said on Sunday. …
Saudi Arabia’s Investment Minister Khalid al-Falih was visiting Oman on Sunday to discuss opportunities in both Gulf countries, Saudi state news agency SPA…
Saudi Investment Ministry officials have completed a tour of the UK, where they met British counterparts and agreed to bolster qualitative investments. Both…
Director-General of the Arab Investment & Export Credit Guarantee Corporation (Dhaman), Abdullah Ahmed Al-Sabeeh said he predicted the positive performance of…
Algeria said Thursday that all the natural gas supplies in Spain are now provided through its gas pipeline connecting the two countries, bypassing Morocco,…
Sudan has received more than $857 million as part of a global allocation by the International Monetary Fund to help vulnerable countries, the central bank said…
The Emirates Nuclear Energy Corporation (ENEC) announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah) has successfully started…
The Fujairah Oil Terminal is investing an estimated $45 million to upgrade the infrastructure at its storage facilities, betting on a surge in crude trading…
The Saudi Tourism Authority (STA) has signed a memorandum of understanding with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba…
The Egyptian Cabinet’s Information and Decision Support Center (IDSC) said that Fitch Solutions expected that the Egyptian pound would continue to trade within…
With Saudi Arabia’s Shura Council having greenlit the contractor classification system, experts confirm to Asharq Al-Awsat that the new scheme will compel…
Saudi Arabia's Eastern Province Governor Prince Saud bin Nayef has officially launched the Asharqia Chambers e-platform, moving the Kingdom's Eastern region…
Saudi Arabia has announced the biggest technological launch of its kind in the Middle East and North Africa by introducing 22 tech and digital initiatives…
Oil prices dropped on Wednesday but stayed above $70 a barrel, taking a breather after recent days' strong rally as Mexico was set to resume crude production…
The instant payment system sarie, which was launched by Saudi Central Bank (SAMA), has achieved a leap forward in banking transfers and financial transactions…
Saudi Arabia’s mining sector entered a new phase on Tuesday by launching a geophysical survey of the Arab Shield region in the Dawadmi province, which…
Saudi Arabia will witness significant growth in all major areas of digital technology from the Internet of Things (IoT) to cloud computing, increasing the…
Israel Aerospace Industries (IAI) said on Wednesday it signed an agreement with Etihad Engineering to establish a facility in Abu Dhabi that will convert…
The slow rollout of coronavirus vaccines will cost the global economy $2.3 trillion in lost output, a report released Wednesday found. The Economist…
Overseas businesses selling colorful handwoven rugs and vivid handblown glass from Afghanistan are concerned for their suppliers as the Taliban's takeover of…