Tech firms tumbled Thursday as investors contemplated the outlook for the AI boom after Democrats swept the US midterms, partly on the back of growing anger…
On a windy hillside about an hour's drive northwest of Istanbul, the Catalca power plant was one of Türkiye's first large-scale wind farms and has been feeding…
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…
Cairo is seeking a role for Egyptian companies in projects to be implemented under Angola’s Lobito Development Corridor, while also coordinating to convene the…
Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 12:48 p.m. ET (1748 GMT) on Saturday, continuing its decline…
US President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to purchasing oil from Iran. "We've already made that deal, the concept…
The number of unemployed people in Germany has hit a 12-year high, surpassing the 3 million mark, while inflation moved back above the European Central Bank's…
China's fiscal revenue fell 1.7% in 2025 from a year earlier, the finance ministry said on Friday, the first contraction since 2020 as a protracted property…
Oil prices slipped on Friday on signs that the US may engage in dialogue with Iran over its nuclear program, reducing concern over potential supply disruptions…
When Hani Massalkhi went to pay his electricity bill in Damascus this week, he discovered that, under the new tariffs, the amount due was higher than his…
Gold prices tumbled by more than 7% to break below the $5,000 mark on Friday as the dollar strengthened on the imminent appointment of a new US Federal Reserve…
US futures dropped while European shares opened higher on Friday after markets retreated in Asia ahead of a possible announcement by US President Donald Trump…
Saudi Arabia is accelerating efforts to transform Jazan Port in the Kingdom’s south from a regional maritime hub into a global logistics artery linking…
The International Monetary Fund said emerging economies are showing exceptional resilience in the face of global volatility, as it cast the upcoming AlUla…
German prosecutors have applied to a court to confiscate some 35 million euros ($42 million) worth of property they had seized in a money laundering…
Gold soared to a fresh record near $5,600 on Thursday and oil prices climbed after US President Donald Trump ramped up geopolitical tensions with threats of a…
Saudi Arabia’s Council of Economic and Development Affairs (CEDA) has approved the conclusion of the Kingdom’s Privatization Program after its implementation…
Gold marched ahead on Thursday, hovering just shy of $5,600 an ounce as investors rushed into safe havens amid geopolitical and economic unease, while silver…
Saudi Arabia will allow selected high-growth and innovative sectors to offer franchises without meeting a long-standing operational experience requirement, in…
US Treasury Secretary Scott Bessent said on Wednesday he was disappointed by Europe's decision to strike a major trade agreement with India, saying it showed…
US online retail and cloud computing giant Amazon said Wednesday that it would be cutting 16,000 jobs worldwide as part of a restructuring, as it focuses…
The third annual Global Labor Market Conference (GLMC 2026) concluded in Riyadh on Tuesday with the signing of 90 agreements between government entities and…
The dollar struggled to bounce back Wednesday following another selloff fuelled by Donald Trump's suggestion he was happy with the currency's recent decline,…
State-owned PetroChina has told its traders not to buy or trade Venezuelan crude since Washington took control of the OPEC producer's oil exports this month,…
The World Bank said on Tuesday it had approved $200 million in new financing to assist Lebanon in meeting the basic needs of the poor and vulnerable as the…
Gold climbed on Tuesday, hovering just shy of the $5,100-per-ounce mark breached for the first time in the previous session, as uncertainty around US President…
After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week's meeting about interest rates as straightforward and…