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…
US and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and forced developing…
Two liquefied petroleum gas tankers, BW Elm and BW Tyr, are crossing the Strait of Hormuz bound for India, according to ship tracking data from LSEG and Kpler…
Saudi Arabia’s crucial East-West pipeline that circumvents the Strait of Hormuz is pumping oil at its full capacity of 7 million barrels a day, a person…
One year after a package of landmark decisions issued by Crown Prince Mohammed bin Salman on March 29, 2025 to rebalance Riyadh’s real estate market, a new…
The Future Investment Initiative (FII) Institute concluded FII PRIORITY Miami 2026 with conversations about how the global economic outlook is being reshaped…
Danish container shipping group Maersk has temporarily halted its operations at the Port of Salalah in Oman, it said, following a security incident that…
Global ratings agency Fitch reaffirmed Israel's long-term foreign-currency rating at "A" with a negative outlook on Friday, adding that rising public debt…
Softbank Group said on Friday it has secured a $40 billion bridge loan to bolster investments in ChatGPT-maker OpenAI and for general corporate purposes,…
Large differences remain between most countries and the US and India as trade ministers meet to discuss reforms at the World Trade Organization, two diplomats…
The European Central Bank should not rush to raise rates in response to surging energy costs, as its “baseline” outlook remains intact and there is no sign yet…
Egypt has ordered shops, restaurants and shopping malls to close from 9:00 pm from Saturday, hoping to curb energy bills that have more than doubled because of…
The Turkish Central Bank's balance sheet for this week will show foreign exchange sales amounting to near $20 billion, bringing the total forex sales since the…
The Saudi Ports Authority (Mawani) has announced the addition of the RSX service by Marsa Ocean Shipping to Jeddah Islamic Port, featuring a capacity of up to…
China wishes to strengthen economic cooperation with the United States to avoid "vicious competition", commerce minister Wang Wentao told US Trade…
The dollar hovered near multi-month peaks on Friday as investors sought safety in the shadow of an intensifying Middle East war and mounting doubts over any…
Oil prices fell Friday after Donald Trump again pushed back a deadline for Iran to reopen the Strait of Hormuz, though most equities also dropped as traders…
Since the start of the Middle East conflict, Iran has witnessed massive cryptocurrency flows. Experts say they are being used to circumvent sanctions placed…
Saudi Arabia’s Vision 2030 took center stage as the Future Investment Initiative (FII) summit opened in Miami, with the kingdom delivering a balanced message…
As global supply chains face unprecedented strain, and the Strait of Hormuz, one of the world’s most critical chokepoints, is disrupted, Saudi Arabia has…
Spain and Algeria are in talks to increase the supply of natural gas via the Medgaz pipeline from Algeria by as much as 10%, two sources familiar with the…
TotalEnergies' CEO Patrick Pouyanne said on Thursday that the company made a decision not to declare force majeure to any of its liquefied natural gas…
India has secured crude oil supplies for the next 60 days, ensuring stable fuel supplies in the country despite disruption in shipments from the Middle East,…
The Saudi Central Bank (SAMA) announced the licensing of “Altknwlwjya aljadydh llhulul albrmjyh” and “lyn tknwlwjyz Company Saudi Arabia litqniyat nuzum…
Britain's economic ‌growth prospects this year received the sharpest downgrade of any major economy in the OECD's interim forecast update on Thursday…