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…
The International Monetary Fund on Thursday said it is updating a recently completed review of the US economy to reflect the impact of the Iran war, Reuters…
The Czech National Bank (CNB) held interest rates steady as expected on Thursday and said it was keeping options open as it monitors the economic fallout from…
King Khalid International Airport, managed and operated by Riyadh Airports Company, has achieved global recognition after being named “World’s Most Improved…
US Treasury Secretary Scott Bessent said Thursday that Washington might "unsanction" Iranian oil that is already being shipped, as energy prices soar due to…
British wages rose at their slowest pace since late 2020 in the three months to January, according to official data which also suggested a weakening in…
Morgan Stanley on Thursday joined Goldman Sachs and Barclays in pushing back its forecast for the US Federal Reserve's next interest rate cut to September…
Shell said Wednesday's attack on Qatar's Ras Laffan Industrial City caused damage to the Pearl GTL (gas-to-liquids) facility, adding the fire was quickly put…
European gas prices soared as much as 35 percent on Thursday as fresh strikes hit energy infrastructure in the Middle East. The Dutch TTF natural gas…
The European Union pitched to Türkiye last month the idea that the candidate for bloc membership could join a cost-cutting payments system to boost integration…
Oil surged more than five percent Thursday and stocks sank as Iran carried out a series of attacks on Gulf energy facilities and warned of more following a…
At a time when geopolitical tensions and regional conflicts cast a shadow over the broader landscape, the Middle East and North Africa's startup ecosystem is…
Sayyed Ragheb was already struggling to keep his family afloat, earning less than $100 a month. Now he fears it will get even worse after Egypt hiked fuel…
Gold prices fell to a one-month low on Wednesday as investors weighed the risk of a more hawkish US Federal Reserve policy stance, with high oil prices…
The United Arab Emirates central bank (CBUAE) on Tuesday unveiled a package to help bolster banks' liquidity, marking its most significant policy move since…
About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of…
South Korea has secured a pledge from the United Arab Emirates to supply 24 million barrels of crude oil, its presidential office said on Wednesday, as…
Iraq announced on Wednesday it had resumed limited oil exports of 250,000 bpd through the Turkish port of Ceyhan after the country's output plunged due to…
Oil prices sank Wednesday after Iraq said it had resumed exports through Türkiye, avoiding the effectively closed Strait of Hormuz, while equities rose…
A Nvidia-backed US startup and a Korean conglomerate announced plans on Tuesday to build an artificial intelligence data center that will reportedly be the…
Chinese state oil majors looking to head off supply shortages caused by the war in the Middle East have resumed seeking Russian crude cargoes after a four…
As the US-Israeli war against Iran entered its 18th day, fast-moving geopolitical shifts in the Middle East have again thrust Gulf Cooperation Council (GCC)…
As geopolitical tensions escalate around the Strait of Hormuz, Iran has floated a proposal to link the passage of energy shipments to payments in currencies…
Shares were mixed in Europe and Asia on Tuesday after a drop in oil prices helped send the US stock market to its best day since the war in Iran began. The…
Gold prices edged higher on Tuesday, buoyed by easing fears of prolonged disruptions to oil shipments, while investors assessed the economic impact of the…