RIYADH: Saudi Central Bank governor praised the “well-calibrated” monetary policies adopted by global financial institutions to tackle inflation and bolster the resilience of the world economy amid diverse challenges.

CAIRO: Startups from across the region and beyond have set a clear path for Saudi expansion after completing successful funding rounds.

NEW YORK/SINGAPORE: Oil prices rose slightly on Friday but remained on track for a third straight week of declines due to weak demand in China, the world’s largest crude importer, and expectations of a ceasefire deal for the Gaza war and related violence in the Middle East.

Ukraine has reached an agreement in principle with a group of foreign investors to restructure its $20 billion debt, as Kiev tries to retain access to international markets, the government has announced.

Gas exports via the Power of Siberia pipeline are expected to hit 38 billion cubic meters in 2025, according to Aleksandr Novak

EU imports of Russian fertilizer soared by 70% to 1.9 million tons between January and May this year compared to the same period in 2023, Vedomosti reported on Tuesday, citing Eurostat data.