Jasem Albudaiwi, secretary-general of the Gulf Cooperation Council (GCC), said on Sunday that the signing of the General Agreement on the GCC Railway Project…
Mega projects in Saudi Arabia are offering increasing opportunities for small and medium-sized factories to expand their businesses and integrate into local…
Iraq produces more than 5 million barrels of oil per day (bpd), Oil Minister Basim Mohammed told state news agency INA on Saturday. According to Reuters, Iraq…
Central bankers around the world would need to consider any slowdown in AI-driven growth as they assess steps in their fight against inflation, International…
A total of 31,000 commercial licenses were issued in Dubai during the first six months of 2021, a growth of 77 percent compared to 17,478 licenses issued in…
In a new indication of the economic recovery in the main sectors and activities in Saudi Arabia, banks continue to disclose their financial results, revealing…
Israeli cabinet ministers on Sunday began debate on the 2021-2022 state budget, more than three years after the government last approved a fiscal spending…
A super cruise ship has departed Saudi Arabia for the first time, setting sail for regional waters. The MSC Bellissima, a vessel longer than three football…
Tunisian President Kais Saied called on banks on Saturday to reduce interest rates, saying the measure was needed to help improve social and economic…
Minister of Finance Mohamed Maait said Egypt is working on opportunities for local and foreign investment to create more jobs and strengthen the national…
Talks between Saudi and British officials over opportunities for international cooperation and partnership in the fields of climate protection, space economies…
World shares and US futures were mostly lower Friday despite a flurry of reports showing economic recoveries from the pandemic gained pace in the last quarter…
A Saudi-British meeting held in London concluded on Thursday by agreeing on strengthening cooperation between the two countries in the fields of research,…
Billionaire businessman Xavier Niel, the controlling shareholder of French telecoms and media group Iliad, said on Friday that he was making a full takeover…
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, issued Executive Council Resolution No…
Saudi Arabia inaugurated on Wednesday the 4th Industrial Revolution Center in partnership with the World Economic Forum (WEF). Chairman of King Abdulaziz…
Saudi Arabia held on Wednesday its first in-depth discussion on the readiness of state sectors and agencies to harness the Fourth Industrial Revolution (4IR),…
The Central Bank of Jordan said Wednesday that tourism revenues dropped by 59.6 percent in the first five months of 2021 to 316.7 million dinars ($446.6…
DP World Limited handled 19.7 million TEU across its global portfolio of container terminals in the second quarter of 2021. Gross container volumes increased…
The Saudi Ports Authority (MAWANI) and the Cruise Saudi Company inaugurated on Wednesday the first cruise ship terminal at Jeddah Islamic Port, reported the…
The value of Saudi Arabia’s oil exports in May increased 147% to just over 60 billion riyals ($16 billion) from a year earlier while non-oil exports rose by 70…
Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries…
Russia's S7 Airlines plans to order 24 new A320 Neo Airbus planes for its low-cost airline by 2024, Chairman of the airline's board of directors Tatiana Fileva…
The Gulf Coast Growth Ventures near Texas - a joint venture between ExxonMobil and SABIC - has reached mechanical completion of a monoethylene glycol unit and…
Fitch Ratings announced that it has revised Saudi Arabian Oil Company’s (Saudi Aramco) Outlook to Stable from Negative while affirming the company's Long-Term…
Egypt’s food exports grew by 13 percent year-on-year to $2.052 billion in the first half of 2021, compared to $1.820 billion in H1 of 2020, according to data…
Algerian President Abdelmadjid Tebboune confirmed that his country would not approach the International Monetary Fund (IMF) and international financial…
Saudi Arabia is expected to lead Gulf investments estimated at $20 billion in the Chinese technology sector over the next two years, according to investment…