Saudi Arabia's General Organization for Social Insurance (GOSI) has made businesses that have ceased operations and exited the Saudi market eligible for a 100%…
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 stock market closed March on a strong note, advancing while most Gulf markets declined, underscoring its resilience in the face of heightened…
In a sign of the profound changes reshaping Saudi Arabia’s labor market, Saudi women emerged as a key factor in keeping unemployment stable at the end of 2025,…
Gold defied its traditional role as a crisis hedge in March, posting its steepest monthly fall since October 2008. The metal dropped more than 14% over the…
With the release of a special report by the Development Programme on the economic fallout of escalating tensions in the region, Abdallah Al Dardari, Assistant…
Euro zone inflation soared past the European Central Bank's 2% target this month due to surging oil and gas prices, heightening a policy dilemma as expensive…
Beijing expressed "gratitude" on Tuesday as it said three Chinese ships had transited the crucial Strait of Hormuz, which Iran has all but closed during the…
The military escalation in the Middle East, now into its fifth week, may cost economies in the region from 3.7 to 6 percent of their collective Gross Domestic…
Türkiye's central bank chief said market fallout from the Iran war hurts its fight against inflation, and in such situations it is a "natural choice" to turn…
Gold prices rose on Tuesday on hopes of de-escalation in the Middle East conflict, but were poised for their worst month in more than 17 years as higher energy…
Oil prices sank and most stocks rose Tuesday, following a report that indicated Donald Trump was willing to end the Iran war even if the key Strait of Hormuz…
The war in the Middle East has caused serious disruption to the economies of frontline countries, and is dimming the outlook for many economies that had just…
Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil, has produced its first liquefied natural gas at its new facility in Texas, the company…
The UN’s Food and Agriculture Organization (FAO) has praised the Kingdom’s announcement on rehabilitating one million hectares of land as part of the Saudi…
Danish shipping firm Maersk announced Monday that Oman's port of Salalah, which was hit by a drone at the weekend, would start to reopen from Tuesday. The…
Wall Street stocks opened higher Monday after US President Donald Trump claimed progress in talks with Iran, even as he threatened to destroy key oil…
The Turkish Central Bank's total reserves fell by a hefty $22 billion last week to $155.5 billion, bringing their declines since the start of the Iran war to …
Aluminium prices climbed around six percent in early trading on Monday after Iran attacked two major plants in the Gulf that produce the widely used metal,…
World Trade Organization talks broke up with no agreement on Monday on a plan for reform or even on extending a moratorium on e-commerce, piling more pressure…
The US dollar held broadly steady on Monday, poised for its strongest monthly gain since July as investors fret about the ramifications of a long war in the…
Global airlines have begun to hike fares and cut capacity to cope with the sudden surge in the oil price, but the industry's ability to remain profitable may…
Saudi Arabia’s private sector has emerged as a key engine of growth in the Kingdom’s rapidly expanding tourism industry, with investments totaling SAR219…
Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemen’s Houthis launched their first attacks on Israel over the weekend…
Iran's annual inflation rate rose to 50.6 percent by mid-March, up three percentage points from the previous month, the country's official statistics center…