Baghdad has urged OPEC to increase Iraq's oil production quota, taking into account the damage done to its industry by its history of conflicts and the recent…
Egypt has revamped its export tax regime for nitrogen fertilizers, replacing a fixed export tax with a 10% ad valorem duty on all nitrogenous fertilizer…
Gold fell for a third straight session on Thursday, lingering near a more than seven-month low it had reached in the previous session, as expectations of US…
Oil prices fell on Thursday to levels last seen before the start of the Iran war as expectations of rising supply from the Middle East outweighed demand…
Cisco used its annual Cisco Live 2026 event to present artificial intelligence as a new test for infrastructure, not merely a software wave or a move toward…
The current oil supply crisis shows there is underinvestment in oil refining as demand holds resilient, Saudi state-owned Aramco's vice president of market…
The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the…
Saudi Arabia's non-oil private sector expanded at the fastest pace in three months in May as domestic demand improved and supply chains stabilized, while…
The UAE's non-oil private sector expanded only modestly in May as war in the region and the effective closure of the Strait of Hormuz weighed on output and new…
Gold prices slipped on Wednesday, as renewed hostilities in the Middle East pushed crude higher and stalled US-Iran talks, while investors awaited upcoming U.S…
Egypt's non-oil private ‌sector remained mired in contraction in May, as a fresh surge in input costs squeezed demand, forced businesses into aggressive…
Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average Iranians face as the country worries…
Saudi Arabia’s real estate market is showing clear signs that inflationary pressures are easing, after a package of government measures aimed at increasing…
The Kremlin said Saudi Arabia will be featured as the “guest of honor” at the 29th St. Petersburg International Economic Forum, SPIEF, in 2026, which opens…
Could private credit become the next global financial crisis? The question is gaining urgency across financial and regulatory circles after years of explosive…
Saudi Arabia’s listed healthcare companies reported combined net profits of SAR1.148 billion ($305.9 million) in the first quarter of 2026, as aggressive…
The Trump administration has proposed a new punitive tariff of 25% on many imports from Brazil, after deciding its practices were unfair on a range of issues…
Oil prices trended lower on Tuesday following the previous session's sharp gains as the market remained cautious about progress in US-Iran peace talks. US…
A recent analytical report says Gulf states are well positioned to play a larger role in shaping the regional security architecture in the aftermath of the war…
Gold prices fell on Monday as renewed US-Iran tensions pushed the dollar and oil prices higher, fuelling fears of inflation and reinforcing the higher-for…
Saudia Airlines has finalized a deal with Airbus to receive 12 new aircraft in 2026 as part of its ongoing fleet expansion and modernization program. By…
President Emmanuel Macron said Monday that he was expecting foreign investments amounting to 93 billion euros ($108 billion) at a conference dubbed "Choose…
The Saudi Fund for Development (SFD) is intensifying strategic efforts to integrate Saudi private-sector companies into major international development…
Türkiye's economy grew 2.5% year-on-year in the first quarter, slightly below poll forecasts according to official data on Monday, with growth slowing for a…
Every year, several hundred young adults head to the steppes of northern China to learn about rare earths at schools like the Inner Mongolia University of…
Oil prices rose more than 2% on Monday after Iran and the US traded strikes and Israel ordered troops to move further into Lebanon in the battle with the…
Shares of Saudi Arabia’s Kingdom Holding on Sunday surged by 10% to 13.58 Saudi riyals, hitting their highest closing price in a decade. The trading volume…
Japan's SoftBank Group has pledged to invest up to €75 billion ($81 billion) in a vast network of AI computing clusters in France, backing what would be Europe…