Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
- Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses...
Riyadh, Saudi Arabia -- The Communications, Space, and Technology Commission (CST) has said that the Saudi space economy reached $8.7...The Saudi space market is projected to reach $5.6 billion by 2035, supported by space technologies, while the global space market reached $176 billion in 2024.
The size of the space market reached $1.9 billion, according to the KSA Space Market 2025 report. Saudi space economy is expected to reach $31.6 billion by 2035.
From quirky Hello Kitty algae sculptures to demonstrations of flying vehicles and lunar samples, the Osaka Expo offers a fascinating...Encircling dozens of national pavilions is the Grand Ring -- recognized by Guinness World Records as the planet's largest wooden architectural structure.
So far 8.7 million advance tickets have been shifted, below the pre-sales target of 14 million.
- London, United Kingdom -- Why do investors flock to gold when economic times turn tough? As the precious metal reaches...
On Friday it struck an all-time high of $3227.51 an ounce in trading, handing the commodity a gain of more than 20 percent since the start of the year.
In 2024, global central banks together added more than 1,000 tons of gold to their reserves for the third year running, according to the World Gold Council.
Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging...Trump acknowledged "a transition cost and transition problems," but dismissed global market turmoil. "In the end it's going to be a beautiful thing."
On Wall Street, the broad-based S&P 500 finished down 3.5 percent on Thursday after soaring 9.5 percent the day before. The Dow Jones shed 2.5 percent and the Nasdaq 4.3 percent
Emirati President Mohammed bin Zayed Al Nahyan "and I just decided to launch negotiations on an EU-UAE free trade agreement,"...Sheikh Zayed said that the CEPA would create new avenues for cooperation between the UAE and EU, increase trade and investment flows.
The EU is the UAE’s second-largest trading partner, accounting for 8.3 percent of the UAE’s total non-oil trade, which hit $67.6 billion in 2024.
Prime Minister Mohammed Shia al-Sudani oversaw "the signing of a Memorandum of Understanding as part of a strategic cooperation framework...The signing comes at the conclusion of a visit to Iraq by a high-level US delegation comprising of representatives from 60 private firms.
Despite sitting on large reserves of petrol and natural gas, decades of conflict and instability have ravaged Iraq's energy infrastructure.
- The World Bank announced Tuesday it will provide Jordan with $1.1 billion in new financing to support economic reforms and...
The funding, part of an economic modernization effort, aims to "build socio-economic resilience in the face of continued shocks and crises."
The investments cover four projects designed to support inclusive growth and job creation, help start-ups and small businesses
US President Donald Trump's punishing tariffs on dozens of economies came in force Wednesday, including over 100 percent in levies...China is the hardest hit, with tariffs imposed on its products since Trump returned to the White House now reaching a staggering 104%
Trump said Tuesday his government was working on "tailored deals" with trading partners, prioritizing allies like Japan and South Korea
- China vowed on Tuesday to "fight to the end" against fresh tariffs of 50 percent threatened by US President Donald...
Trump upended the world economy last week with sweeping tariffs that have raised the spectre of an international recession
Beijing, Washington's major economic rival, responded by announcing its own 34 percent duties on US goods to come into effect on Thursday
- Trump's sweeping tariffs are reshaping trade dynamics across MENA, impacting oil-exporting Gulf nations like Saudi Arabia, UAE and Qatar, according...
Gulf oil producers face indirect hits as tariff fears lower global oil demand and prices
Small businesses across MENA confront rising costs, disrupted supply chains, and uncertainty
