Britain's services businesses reported a record increase in costs over the past three months and are downbeat about the future, as inflationary headwinds look set to squeeze demand further, the…

The Russia-focused Sovecon consultancy said on Monday it had raised its forecast for Russia's wheat exports in the 2022/23 marketing season which started on July 1 by 200,000 tons to 43.1 million…

Oil rose more than 1% on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth. Saudi…

The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…

Major Gulf stock markets ended lower on Sunday as investors in the region reacted to comments by Federal Reserve Chair Jerome Powell signaling the U.S. economy would need tight monetary policy "for…

Teams of drillers are working long hours to build wells to fight a devastating drought sweeping parts of China, farmers in Jiujiang city in the country's central Jiangxi province told Reuters on…

The efforts of countries located in Syria’s vicinity and working to return Syrian refugees to their country forced the refugees to head to the real estate market, which is witnessing a major…

Egypt's new central bank governor, Hassan Abdalla, faces a daunting task as he tries to repair an economy derailed by an overvalued currency, rampant inflation, and a banking system emptied of most…

Saudi Arabia plans to invest $1 billion in Pakistan, Saudi state TV reported on Thursday. Saudi King Salman bin Abdulaziz had given the directive for the kingdom to support the Pakistani economy,…

Egypt's central bank on Thursday increased the maximum amount of cash customers are allowed to withdraw from their bank accounts and removed restrictions on how much they could deposit entirely. …