Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank…
European Union countries will face large bills for defense, energy and pensions in the next 15 years, the International Monetary Fund told EU finance ministers…
Mexico and the European Union signed a long-stalled free trade agreement on Friday as they seek to decrease dependence on the US and partially insulate…
The credit rating agency Moody’s has affirmed Saudi Arabia’s credit rating at “Aa3” with a “stable” outlook. The agency said Friday that the affirmation at…
Like many Moroccan farmers, Mehdi el-Maazi was hopeful that rare heavy rains would yield an abundant harvest this year -- but those hopes were quickly…
The dollar traded near six-week highs on Friday, after conflicting signals over a US-Iran peace deal whipped up volatility across financial markets, though…
Gold edged lower on Friday and was headed for a second consecutive weekly drop, as elevated oil prices fueled fears of inflation and boosted expectations of a…
Egypt, the biggest buyer of Russian wheat, aims to create a global grain trading and storage hub, Supply Minister Sherif Farouk said on Friday, speaking at a…
Morocco's annual inflation rate, measured by the consumer price index, rose to 1.7% in April from 0.9% a month earlier, the statistics agency said on Friday. …
British retail sales fell by the most in nearly a year in April as fuel sales plummeted, according to official figures published on Friday that added to signs…
Saudi Arabia’s merchandise trade surplus surged to its highest level since 2022 in March, driven by strong momentum in oil exports, which rose 37.4%, while the…
Saudi Arabia’s financial market is undergoing a structural shift as short-term speculative trading gives way to institutional investment through funds, managed…
The British government is offering cheaper chocolate and discounted entry to theme parks as it seeks to ease a cost-of-living squeeze and win back voters. …
Oil prices jumped while stock markets mostly retreated and the dollar firmed Thursday as hopes of a Middle East peace accord faded on conflicting headlines on…
flynas has announced the launch of direct flights connecting Riyadh with Milan, SPA reported. Starting Thursday, the airline will operate three weekly direct…
Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space company that is currently losing billions of dollars a…
Gold edged lower on Thursday as higher Treasury yields and a firm dollar weighed on the metal, while hopes of a resolution to the US-Iran conflict limited…
Saudi Arabia Requires Shipping Companies to Let Consumers Inspect Packages Before Accepting Delivery
Saudi Arabia’s Ministry of Commerce issued an official directive requiring all private-sector shipping and delivery companies to allow consumers to open…
The Gulf Cooperation Council and Britain have announced a trade deal worth $5 billion a year in the long run, deepening economic ties between the two sides and…
Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its…
Saudi Arabia is spearheading international efforts to stabilize global oil markets and contain the fallout from a supply crisis triggered by the Iran war and…
Saudi Arabia is no longer just an oil-price bet for global investors. It is becoming a core emerging-market play. That is the view of Emmanuel Laurina, head of…
Standard Chartered CEO Bill Winters sought to assuage staff concerns on Wednesday, a day after saying that the bank will cut thousands of jobs over the next…
The UK government has quietly watered down sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the closure of…