Muscat, Oman -- Gulf Cooperation Council countries recorded strong performance in agriculture, livestock and fisheries during 2024, reflecting the growing...
Six coffee shops from the Middle East have secured places in The World’s 100 Best Coffee Shops 2026 list, highlighting...
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence...The central bank hiked rates aggressively from mid-2022 to tame surging energy and food costs
Eurozone's anaemic growth rates are weighing down the broader single currency area
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some...The Bank can use this money to borrow on financial markets
This funding will be deployed to support the 78 countries that need it most
Without a new agreement, the eight countries which have been making voluntary additional production cuts of 2.2 million barrels per...The supply cuts are only having a muted impact on the market, with US president-elect Donald Trump expected to adopt policies to boost US oil output
OPEC+ nations are holding back six million barrels of oil a day, including the 2.2 million barrels a day of output that they have been discussing putting back on the market
South Korean stocks sank more than two percent Wednesday while the won rebounded from earlier losses after President Yoon Suk...The Kospi index shed as much as 2.3 percent at the open
The won tumbled more than three percent to a two-year low of 1,444 per dollar
While developing countries paid a record US$1.4 trillion to service debts, the non-oil sectors in the GCC countries are fueling..."The [GCC] region has shown remarkable resilience in the face of global disruptions, moving steadily on their diversification agenda."
Saudi Arabia's growth is expected to accelerate to an average of 4.7 percent in 2025-2026 as oil production increases.
- UN talks aimed at halting the degradation and desertification of vast swathes of land start in Saudi Arabia. Forest loss...
3.7 billion acres must be restored by decade's end to combat crises
Forest loss and degraded soils were reducing resilience to climate change and biodiversity loss
City governments are usually equipped to promote their cities through websites, newsletters, communications, as well as hosting delegations visiting from...City governments are uniquely positioned to support startup ecosystems through a range of low-cost, high-impact methods
The success of a startup ecosystem is built on the strength of connections that exist between the various organisations and people within it
Washington, United States - President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations...The statement comes after a BRICS summit held last month in Kazan, Russia, where the countries discussed boosting non-dollar transactions and strengthening local currencies
The BRICS group has expanded significantly since its inception in 2009, and now includes countries such as Iran, Egypt and the United Arab Emirates
Riyadh, Saudi Arabia - Saudi Arabia announced Wednesday it is ready to open the first part of the Riyadh Metro,...Services will be provided by 183 trains with 448 carriages manufactured by Siemens of Germany, Bombardier of Canada and Alstom of France
The official Saudi Press Agency published a photograph of King Salman, who served as governor of Riyadh for nearly half a century, formally declaring that the project open
US President-elect Donald Trump's sweeping tariff plans target Canada, Mexico, and China, raising fears of a global trade war, with...The president-elect on Monday placed both allies and rivals on notice, vowing to quickly slap 25% on Canada and Mexico, and add a 10 percent tariff on China
Following through on that threat or his campaign promise of a 10 percent levy on all US imports - will have ripple effects across the global economy, analysts say
