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…
Morocco's annual inflation, measured by the consumer price index, rose to 0.9% in March from -0.6% a month earlier, the statistics agency said on Wednesday. …
The war in the Middle East has boosted demand to move vital cargo through the Panama Canal to such an extent that one vessel carrying liquefied natural gas …
Britain's annual inflation rate jumped to 3.3 percent in March as the Middle East war sent oil and gas prices surging, official data showed Wednesday. The…
Pakistan’s central bank said Tuesday it had received $1 billion from Saudi Arabia’s finance ministry as a second tranche of a recently agreed $3 billion…
On April 15, Saudi Arabia’s NEOM posted a terse but telling message on X: “Europe- Egypt- NEOM- GCC: your faster route.” Accompanied by a map, the post…
“This is a multidimensional shock.” That is how Dr. Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund,…
The US-Israeli war with Iran has disrupted shipping through ‌the Strait of Hormuz, the world's most important oil chokepoint, exposing the Middle East's…
US Energy Secretary Chris Wright said Tuesday that gasoline prices appeared to have peaked after a surge linked to the Iran war -- a marked shift in tone a day…
A cooling in Saudi Arabia’s residential property prices signals a notable shift toward a more balanced and sustainable phase after years of rapid gains,…
Saudi Arabia’s commercial court has opened a new phase in the trajectory of nana, a grocery delivery app, after approving financial reorganization proceedings…
The ‌conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the International…
Oil prices fell over $1 on Tuesday, reversing gains in the previous session, on expectations peace talks between the US and Iran will take place this week and…
Disruption to global oil supplies from the Iran war has added more than $100 to the price of long-haul flights from Europe, a cost likely to trigger higher…
Gold prices eased on Tuesday as the dollar firmed, while investors waited to see if the US and Iran are meeting this week for peace talks after renewed…
Iraq has reopened the Rabia border crossing with Syria after more than a decade to accelerate overland fuel oil exports and revive cross-border trade amid…
The International Fund for Agricultural Development (IFAD) said the repercussions of the closure of the Strait of Hormuz have triggered a global food security…
Gold prices fell on Monday owing to a stronger US dollar and renewed inflation fears after another closure of the Strait of Hormuz pushed oil prices higher. …
European ‌shares declined on Monday, as hopes for peace in the Middle East ebbed with tensions reigniting after Washington seized an Iranian cargo ship…
Saudi Arabia’s economy has emerged as a model of resilience and crisis readiness, Central Bank Governor Ayman Alsayari said, citing steady progress under the…
International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking Iraq’s Basra oil fields and Türkiye’s Mediterranean oil…
The head of one of Taiwan's top business groups said on Monday both Beijing and Taipei should leave politics out of resuming normal trade and tourism exchanges…
Oil prices climbed more than 5% while Asian shares also advanced Monday as a standoff between Iran and the US prevented tankers from using the Strait of Hormuz…
US President Donald Trump on Monday dismissed his top energy official's view that gas prices will not drop until 2027, saying Americans can expect lower costs…
Global finance leaders, whipsawed by Middle East war news, came to grips this past week with their inability to mitigate the economic damage from increasingly…