The OPEC Monthly Oil Market Report (MOMR) for July expects the near term economic activities in the Middle East to remain strong, underpinned by the non-oil sector, which is one of the key drivers of ...

A meeting between President Anura Kumara Disanayake and Chief Executive Officer (CEO) of the Saudi Fund for Development (SFD) Sultan A. Al-Marshad was held yesterday afternoon (14) at the Presidential ...

The Government of Sri Lanka (GoSL) has signed Bilateral Amendatory Loan Agreements with the Saudi Fund for Development (SFD), ...

Gold has overtaken the euro as the world’s second-largest reserve currency, and I expect it to surpass the US dollar. Read my ...

For the first time in 30 years, in 2024, some of the world's biggest spenders on aid and development cut funding. Now aid organizations in the Middle East are forced to seek new, potentially more ...

Across the GCC, foreign investors were net buyers for the sixth consecutive quarter, recording net purchases worth $4.2 ...

THE future of the $1 trillion megacity The Line is hanging on by a thread as Saudi rulers are checking the “feasibility” of ...

The Consumer Price Index (CPI) or inflation recorded an increase of 0.1 percent in June compared to the previous month of May ...

The Line is a key part of Neom, a mega-project that Saudi Arabia hopes will transform its economy, but there are serious questions about its feasibility ...

The Middle East never strays far from the global spotlight and it continues to play a pivotal role in shaping the economic ...

Uber has launched a 'Women Drivers' feature in Saudi Arabia, allowing female riders to request female drivers. The initiative ...

Inflation in Saudi Arabia accelerated to 2.3% in June compared to the same month last year and was also up slightly from 2.2% ...