Riyadh, Saudi Arabia - The unemployment rate among Saudi women witnessed a historic decline, plummeting to 13.7 percent in the...
Saudi Arabia leads GCC efforts towards defense self-reliance by creating the first military industries committee, aiming to reduce foreign imports...
The United Nations has stressed on a more strategic approach to address the economic and fiscal crisis faced by the...A UN report warned of an uncoordinated approach to address the current political, economic and security challenges in the Occupied Palestinian Territory.
The report urges Israelis, Palestinians, regional States, and the broader international community to concrete steps to encourage the parties to further engage with each other.
- Iraq will have to import wheat this year as it may only grow 2.5-3 million tons of wheat, "not enough...
Searing heat and a lack of rain were already threatening harvest in Iraq and now soaring oil and high-yield seed prices has become another financial burden for farmers
Hamid al-Nayef said that the government was helping farmers by raising the purchase price in order to pay producers around $500 per ton of wheat
King Salman entered King Faisal Specialist Hospital in the coastal city of Jeddah on Saturday ‘to conduct some medical examinations’.The 86-year-old King Salman has ruled the top oil exporter and the Arab world's biggest economy since 2015
He was most recently hospitalized in March, for ‘successful medical tests’ and to change the battery of his pacemaker
The country’s National Center for Statistics and Information has announced that the country’s production of natural gas at the end...The consumption of natural gas in industrial areas rose 13.9 percent in March this year, compared to the same period in 2021
Gas consumption witnessed a decrease in oil fields by 7 percent and in power plants by 3.3 percent at the end of last March
The election is expected to be a referendum on the country’s ruling class, which is widely blamed for the economic...A total of 11,268 Lebanese in Arab countries and Iran voted in the election of the country on Friday
This raised the overall turnout of expatriates in the country’s presidential poll to 36.43 percent
The investment is expected to be made in nine new projects across the country.The projects are aimed at supporting supplies of mineral products to local and international markets
The ministry is currently studying 145 applications for exploration licenses from foreign companies
World food prices fell slightly last month after hitting a record in March but remain high due to the Ukraine...International sanctions against Russia as well as export flow disruptions resulting from the February 24 invasion have sparked fears of a global hunger crisis.
Russia and Ukraine, whose vast grain-growing regions are among the world's main breadbaskets, account for a huge share of the globe's exports in several major commodities.
The United States saw another strong month of hiring in April, with the economy adding a better-than-expected 428,000 jobs and...Major industries including leisure and hospitality, manufacturing and transportation added positions last month, the Labor Department reported
With the US economy facing its highest inflation level in decades, the data showed the pace of average hourly wage growth slowing last month
ECB interest rates could be back in positive territory by year's end, the head of the French central bank said...Any hike would be the ECB's first in over a decade and would lift rates from their current low levels
But pulling the trigger too soon risks hurting growth at a sensitive time for the European economy because of the war in Ukraine
The Central Bank of Jordan (CBJ) on Thursday decided to increase the interest rate on its various monetary policy instruments...The bank also decided to extend the bank’s refinancing program that targets 10 sectors of economy.
It decided to keep the refinancing programs’ interest rates unchanged to stand at 1 per cent for projects located in Amman and 0.5 per cent for projects in other governorates.
