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 host of game-changing projects encompassed by Saudi Arabia’s new “National Transport and Logistics Strategy” will launch a new phase for the Kingdom’s land,…
Authorities developing and modernizing Saudi Arabia’s logistics and transportation sector under a national strategy launched by Crown Prince Mohammed bin…
UAE’s Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan and his Israeli counterpart, Yair Lapid, signed on…
The head of Egypt’s Financial Regulation Authority (FRA) said on Tuesday he expected the government to start its program of initial public offerings in…
Abu Dhabi National Oil Company (ADNOC) and Reliance Industries (RIL) have signed an agreement to set up a new petrochemical complex in Abu Dhabi, to produce…
The IMF on Tuesday approved a $2.5 billion loan for Sudan, and with the World Bank sealed a landmark deal that unlocks nearly $50 billion in debt relief for…
In a move set to anchor Saudi Arabia’s position as a global logistics hub connecting three continents and to revamp the Kingdom’s transportation sector, Crown…
The economic impact from the plunge in tourism since the pandemic emerged last year could top $4 trillion, a UN report said Wednesday. The joint report by…
G20 foreign ministers called on Tuesday for multilateral cures for global crises like the COVID-19 pandemic and climate emergency at their first face-to-face…
The European Bank for Reconstruction and Development (EBRD) said on Tuesday it expects the Tunisian economy to grow by 2.7% of GDP this year, but recovery will…
The Capital Market Authority (CMA) in Saudi Arabia approved requests for initial public offerings and listings in the main stock market (Tadawul) and the…
Saudi Aramco outlined plans to invest in blue hydrogen and have a large share of the market of around $1 billion on capturing carbon for every 1 million tons…
The Future Investment Initiative (FII), the largest global forum of its kind in the Middle East, organized by Saudi Arabia, announced its fifth edition in…
Oil prices dropped for a second day on Tuesday on worries about slower fuel demand growth as outbreaks of the highly contagious COVID-19 variant Delta sparked…
The Egyptian-Saudi Joint Committee for the Development of Micro, Small, and Medium Enterprises (MSMEs) launched a website to showcase its efforts, as part of …
A recent surge in cyberattacks worldwide is driving Saudi Arabia towards reviewing local cloud platforms available to industries, especially the oil and gas…
Saudi Arabia’s General Authority for Foreign Trade (GAFT) has requested from one of the Kingdom’s new agencies to provide an inventory report for services the…
The inaugural Mastercard Middle East and Africa (MEA) SME Confidence Index found 81 percent of SMEs in MENA are optimistic about the next 12 months. Seventy…
The biggest names from the region’s business world will meet with top experts and decision-makers at the GCC-UK Trade Summit 2021 that will be hosted by Riyadh…
Iran’s economic recovery is likely to be modest should it revive a 2015 nuclear deal with six world powers without expanding the scope of the pact, according…
Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai said Sunday that the UAE plans to enter 25 new international markets…
Bahrain’s GFH Financial Group acquired a US warehousing and distribution logistics center for $100 million, as it continues to expand its industrial property…
Sudan will cut its government spending and increase social spending, the cabinet said on Saturday, after completing a raft of rapid economic reforms this month…
Foreign direct investment in Jordan grew by two percent in 2020 to about 497 million dinars, said Acting Head of the Jordan Investment Commission (JIC)…