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…
Iraq's oil ministry announced on Monday that it had invited US companies to bid on an oil field which had been operated by the now American-sanctioned Russian…
Türkiye sharply reduced its imports of Russia's flagship Urals crude oil in November, shipping data from energy consultancy Kpler showed, as Western sanctions…
The Public Investment Fund (PIF) announced on Monday that S&P Global Ratings has assigned it an inaugural short-term credit rating of A-1 with stable outlook,…
Saudi Energy Minister Prince Abdulaziz bin Salman said the agreement reached during Sunday’s OPEC+ meetings marks “a turning point and one of the most…
Bitcoin fell back below $90,000 on Monday, extending losses after its steepest monthly decline since the 2021 crypto crash, as renewed risk aversion drove…
Airbus fleets were returning towards normal operations on Monday after the European planemaker pushed through abrupt software changes faster than expected, as…
Gold prices steadied after hitting a six-week high on Monday as risk-off sentiment set the tone, with investors focused on a potential US rate cut later this…
Türkiye’s economy grew by 3.7% annually in the third quarter, official data showed on Monday, falling short of expectations as agricultural activity tumbled,…
Asian equities were mixed Monday with investors awaiting the release of key US data that could play a role in Federal Reserve deliberations ahead of an…
Operations restarted at Iraq's Khor Mor gas field, with the transmission of gas to power stations starting at 2:00 a.m. Sunday (2300 GMT Saturday), the Kurdish…
OPEC+ countries agreed to maintain group-wide oil output quotas for 2026 in a meeting on Sunday, and also agreed on a mechanism to assess members' maximum oil…
King Abdullah University of Science and Technology (KAUST) has signed a new material transfer agreement (MTA) with the Arabian Petroleum Supply Company (Apsco)…
Saudi Arabia achieved a new international milestone by ranking among the top performers in the Global intellectual property perception survey 2025 (WIPO Pulse)…
British finance minister Rachel Reeves on Sunday denied she misled the public over official forecasts ahead of this month's budget, saying she had been honest…
China's factory activity shrank for an eighth month in November while services cooled, highlighting the dilemma facing policymakers over whether to press ahead…
Saudi Arabia and Japan no longer see their ties confined to traditional oil deals or car imports. The relationship has evolved into a cross continental…
Global airlines scrambled to fix a software glitch on Airbus A320 jets on Saturday as a partial recall by the European planemaker halted hundreds of flights in…
Gas exports from Iraq's Khor Mor field, one of the largest in the Kurdistan region, resumed on Saturday after a drone attack on Wednesday that shut down…
Bargain-hunting Americans clicked their way through Thanksgiving, spending $8.6 billion online so far on Black Friday, as more consumers turned to laptops and…
Oman and Botswana signed on Saturday an agreement to develop solar, wind and battery storage projects with a production capacity of 3 gigawatts, Oman's state…
Saudi Arabia has won membership in the International Maritime Organization (IMO) Council for the 2026–2027 term, after receiving 142 votes from member states…
Jefferies Financial Group has entered Saudi Arabia’s private credit market for the first time, leading a USD125 million financing facility for Riyadh-based SME…
Japanese Prime Minister Sanae Takaichi's government on Friday finalized a $117 billion supplementary budget for this financial year to fund a massive stimulus…
Egypt's GDP grew by 5.3% in the first quarter of its 2025/26 fiscal year compared with 3.5% in the same period a year earlier, the planning ministry said on…