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…
Preparations are underway in Saudi Arabia to hold the first-ever event to the future of the Fourth Industrial Revolution (4IR) in the Kingdom. The forum…
The Saudi Ministry of Human Resources and Social Development (HRSD) signed a joint memorandum of understanding with the Saudi Central Bank (SAMA) and the Human…
Abu Dhabi will slash the cost of establishing new businesses by “more than 90 percent” from Tuesday to increase the emirate’s regional and international…
Iraq’s Prime Minister Mustafa al-Kadhimi said on Monday he wants another American company to replace Exxon Mobil Corp when it exits Iraq. Exxon, which in…
The International Monetary Fund stands ready to continue to help Tunisia cope with the impact of the COVID-19 crisis, achieve a “job-rich” recovery and restore…
Saudi Arabia has suspended the privatization of the Ras Al Khair desalination and power plant, one of a number of state assets that the government aimed to…
Kuwait’s Port Authority (KPA) plans to optimize metropolitan logistic activities on recently acquired lands as part of efforts to prop up local trade and lure…
Bitcoin soared close to $40,000 on Monday after electric carmaker Tesla expressed fresh support for the world's most popular cryptocurrency. The unit leapt…
The UK Minister of State at the Cabinet Office and President of the 2021 United Nations Climate Change Conference (COP26) Alok Sharma is anticipated to…
Egypt’s Minister of Finance Mohamed Maait said that the new micro, small and medium enterprises (MSMEs) law includes many incentives to integrate the informal…
The Egyptian government intends to implement the current fiscal year's plan to regulate the use of places of worship, to save around EGP100 million annually. …
Two Israeli airlines launched their first commercial flights between Israel and Morocco on Sunday, less than a year after the countries officially normalized…
Gulf Cooperation Council (GCC) member states are gearing up to establish a unified coordination scheme for linking payment systems at a time central banks are…
Morocco's commercial transactions with Europe reached 451.9 billion dirhams ($50 billion) in 2020, marking an 11.5 percent drop compared to 2019, according to…
Canada's major gold producing company, Orca, discussed the great potential for gold production in Sudan, announcing a $350 million investment for explorations…
Saudi Arabia’s state oil giant has denied a breach of its systems, saying “the company continues to maintain a robust cybersecurity posture.” Saudi Aramco…
Oil fell further below $74 a barrel on Friday but was on track to end the week largely unchanged after rebounding from a sharp drop on Monday, underpinned by…
Gas stations, commercial stores, food and catering centers, and gold retailers in Saudi Arabia are now required to submit their metrological verification…
Oil prices rose on Thursday, extending strong gains made in previous sessions on expectations of tighter supplies until the end of the year as economies…
Families in Lebanon are now spending five times the minimum wage on food alone, a report found Wednesday, as inflation caused by the country's worst-ever…
Saudi Arabia’s Ministry of Municipal, Rural Affairs, and Housing has launched a point system for contractors to increase healthy competition and sustainability…
Sales at Saudi livestock markets doubled during Eid al-Adha, as prices rose 20 percent due to the increase in animal feed and import costs, workers told Asharq…
Saudi Arabia’s National Program for Combating Commercial Concealment affirmed that it would continue correcting the status of enterprises involved in…
The Egyptian Stock Exchange (EGX) approved the development of the EGX30 index methodology for index formation and criteria for listing companies. It also…