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Arab News
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Saudi GDP grows 4.5% in 2025: GASTAT 

4+ hour, 10+ min ago  (619+ words) RIYADH: Saudi Arabia's economy expanded 4.5 percent in 2025, driven by gains across oil, non-oil and government activities, as stronger crude output and steady domestic demand helped accelerate growth." Data released by the General Authority for Statistics showed real gross domestic product…...

Arab News
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IMF’s Georgieva warns Middle East conflict could push global inflation higher

9+ hour, 19+ min ago  (120+ words) TOKYO: International Monetary Fund'Managing Director Kristalina Georgieva on "Monday warned of inflation risks from the Middle East conflict, saying a 10 percent "increase in "oil "prices, if "persistent "through "most of "the year, would result in a 40-basis-point increase in global…...

Arab News
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UAE and Japan finalize CEPA to bolster bilateral trade and investment

3+ day, 9+ hour ago  (473+ words) RIYADH: The UAE and Japan have concluded negotiations on the final provisions of a Comprehensive Economic Partnership Agreement, marking the first such accord Japan has signed with an Arab nation." According to the Emirates News Agency, the deal is designed…...

Arab News
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Gold rises on Iran war safe-haven bid; firm dollar limits upside

4+ day, 7+ hour ago  (378+ words) BENGALURU: Gold prices rose on March 5, lifted by safe-haven demand amid an escalating war in the Middle East, while a stronger dollar and concerns around the US Federal Reserve's monetary policy capped gains. Spot gold was up 0.6 percent at $5,168.43 per…...

Arab News
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Global Markets: Stocks tumble as Middle East air war fans inflation fears

6+ day, 10+ hour ago  (733+ words) SINGAPORE: A selloff in stocks deepened and the dollar strengthened on Tuesday as investors considered the implications of US and Israeli strikes on Iran on energy prices and the global economy. MSCI's broadest index of Asia-Pacific shares outside "Japan fell…...

Arab News
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Saudi non-oil sector continues to expand, latest PMI report shows

6+ day, 10+ hour ago  (540+ words) RIYADH: Saudi Arabia's non-oil private sector remained firmly in expansion territory in February, supported by strong domestic demand and steady project approvals, according to the latest'Riyad Bank Purchasing Managers' Index. The report,'compiled by S&P Global, stood at 56.1 in…...

Arab News
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Global markets slide as US-Israel strikes on Iran rattle investors 

1+ week, 8+ hour ago  (825+ words) RIYADH: Global markets plunged on March 2 after US and Israeli strikes on Iran triggered Gulf-wide retaliation, disrupting energy and financial hubs and rattling investors worldwide." Equities across Asia fell in early Monday trading as investors moved into safe-haven assets amid…...

Arab News
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IMF approves $2.3bn for Egypt amid recovery, as lender continues Syria re-engagement

1+ week, 4+ day ago  (659+ words) RIYADH: The International Monetary Fund has approved the disbursement of $2.3 billion to Egypt following the completion of combined reviews under its Extended Fund Facility and Resilience and Sustainability Facility. The'lender announced on Feb. 25 that the funds, comprising about $2 billion under…...

Arab News
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Arab region on recovery path with 3.7% growth in 2026, but geopolitical risks persist: ESCWA

1+ week, 4+ day ago  (741+ words) RIYADH: The Arab region is on a path of gradual economic recovery this year, according to a UN report that forecast'growth reaching 3.7 percent and a gradual decline in inflation. The UN Economic and Social Commission for Western Asia warned in…...

Arab News
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Saudi Arabia non-oil exports hit record high, driven by machinery and electrical parts

1+ week, 5+ day ago  (478+ words) RIYADH: Saudi Arabia's non-oil exports have surged to their highest quarterly level since 2017, reaching SR97.5 billion ($25.9 billion) in the fourth quarter of 2025, according to official data. Figures released by the General Authority for Statistics showed a 114 percent increase compared to eight…...