Heatwaves, energy shock drive up global food prices to record high
The 'FAO Food Price Index' averaged 131.1 points in July 2026, up...
Category Economy
Saudi Arabia’s fixed capital investment climbs to USD 95.4 billion as ‘Vision 2030’ spending accelerates
Government investment surged 54% in the first quarter, helping lift overall capital...
FDI anchors Indonesia-Saudi partnership under new bilateral agreement
The new framework will establish closer institutional cooperation on investment promotion between...
World faces fresh food price surge due to conflicts, El Nino, FAO warns
The damage inflicted on Russia's oil and gas infrastructure has curtailed the...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
UAE GDP grows 3% in Q1 2026 as non-oil sector drives expansion
The contribution of non-oil activities to GDP increased to 79.4%, compared with...
Egypt’s investment fund assets reach USD 9.16 billion mark in June 2026
According to the FRA’s quarterly performance report on investment funds, the industry’s...
Egypt secures USD 1.8 billion IMF funding amid Middle East disruptions
As per the new arrangement, Egypt will get about USD 1.5 billion...
Iran war hammers Saudi economy as GDP sees largest post-COVID contraction
Overall GDP shrank 4.8% in the three months through June, compared with...
Jordan records strong upticks in industrial exports, FDI inflows
Exports posted strong growth in several international markets, including Switzerland (306.1%), China...
ECB keeps interest rates unchanged, September hike likely amid geopolitical volatility
The return of oil prices to USD 100 per barrel, along with...