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…
Egypt’s trade deficit narrowed by 13.3 percent YoY to $3.1 billion in April from $3.5 billion, according to data released by the Central Agency for Public…
Moscow looks forward to expanding the horizons of Russian-Saudi cooperation in nuclear technology, especially in designing and building peaceful atomic power…
Iraq’s Oil Minister Ihsan Abdul Jabbar expressed keenness to implement sustainability projects and increase the output of crude oil and gas at the oilfields of…
The reopening of Saudi airspace to international flights has put commercial activities, especially sales in the travel and tourism sectors, back on the track…
The UAE announced through the National Program for Coders the start of the golden visa application process. This initiative is available to both residents and…
Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year, the Suez Canal…
Hoping for customers, Ahmad Nassar is dusting and polishing the trinkets and souvenirs in his tourist shop in Madaba, an ancient town in central Jordan known…
Steep bread and diesel price hikes went into force in regime-held parts of war-torn Syria on Sunday, bringing more pain for civilians in a long-running…
Saudi Arabia set a ceiling on gasoline prices, the most widely used fuel to supply vehicles in the Kingdom. The royal directive stipulates that the state…
Saudi Arabia and Oman are on track towards greater commercial, investment, and economic cooperation and integration, especially in strategic sectors,…
For the seventh time in a year, Lebanon’s economy ministry announced on Saturday new prices for bread, slowly removing subsidies as the country sinks deeper…
Tunisia's central bank governor said on Friday that a debt downgrade of the North African country by Fitch Ratings was "bad news" caused by political…
Al Yah Satellite Communications Company on Friday announced that it has priced its initial public offering at AED2.75 ($0.7) per share. In all, 40 percent…
The Saudi Ports Authority (MAWANI), through the Supervisory Committee for Privatization in the Transportation Sector and in cooperation with the Ministry of…
The non-oil recovery that started in the second half of 2020 is expected to continue with non-oil growth projected at 4.3 percent this year, the International…
The world’s largest oil company, Saudi Aramco, is planning to raise tens of billions of dollars by selling more stakes in its businesses, Bloomberg reported…
DP World has announced an offer to acquire JSE-listed Imperial Logistics, an integrated logistics and market access company with operations mainly across the…
The Abu Dhabi National Oil Company (ADNOC) has announced a joint study agreement (JSA) with two Japanese companies – INPEX Corporation (INPEX), JERA Co. Inc. …
Saudi Arabia said on Wednesday that global airlines industry body IATA had agreed to open a regional headquarters in Riyadh. The General Authority of Civil…
Chairman of the Saudi-Chinese Business Council in the Council of Saudi Chambers, Mohammad Al-Ajlan, said that about 15 Chinese companies have expressed their…
The Saudi Shura Council approved the recommendations and proposals submitted to the Ministry of Commerce on expediting the launching of free and economic zones…
Egypt’s non-oil private sector activity neared growth territory in June as new business expanded for the first time in seven months amid easing COVID-19…
Abu Dhabi Securities Exchange (ADX) has announced the listing of Abu Dhabi's global medium-term note program valued at $2 billion, starting 5 July 2021. …
Oman has asked the International Monetary Fund to provide technical assistance to help the country develop a medium-term debt strategy and strengthen its…