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…
Saudi Arabia's March crude oil exports fell to the lowest level since June 2020, while output dipped, as a result of voluntary production cuts and commitment…
Egypt is prioritizing the vaccination of tourism workers to support the sector's recovery and is on track to announce full inoculation of two resort areas this…
Egypt’s senate approved Monday a draft law submitted by the government regarding the issuance of a sovereign Sukuk. Speaker Abdel Wahab Abdel Razek chaired…
The UAE's national carrier Etihad Airways announced Monday it was temporarily suspending flights to Israel where the main airport near Tel Aviv has come under…
Egypt’s Finance Minister Mohamed Maait said that the financial allocations for public investments in the draft-budget were witnessing an unprecedented increase…
Saudi Arabia’s housing program, Sakani, revealed that the total number of certificates bearing tax on real estate disposals for first-time property holders…
The United States will grant Tunisia $500 million in aid to finance infrastructure and other projects and talks are also advanced on a loan guarantee, Tunisian…
Prime Minister Abdalla Hamdok hopes Sudan can wipe out its staggering $60 billion foreign debt bill this year by securing relief and deals at an upcoming Paris…
Chairman of Dubai Civil Aviation Authority Sheikh Ahmed bin Saeed Al Maktoum officially inaugurated Arabian Travel Market (ATM) 2021 on Sunday, marking the…
With the imminent implementation of the privatization plan for Saudi government sectors, economists have underlined the necessity of choosing the best…
The World Bank revealed that the poverty rate increased in Turkey for the second consecutive year, and according to reports, suicide rates are also up due to…
Head of the Turkey-Libya Business Council Murtaza Karanfil announced on Saturday that Turkey’s exports to the north African country have increased in the first…
French President Emmanuel Macron this week hosts African leaders and chiefs of global financial institutions for twin summit meetings that will seek to help…
The Foreign Direct Investment (FDI) inflows to the UAE grew 44.2 percent in 2020 to $19.88 billion as compared to 2019, despite the fallout of the COVID-19…
The Suez Canal Authority (SCA) has started dredging work to extend a second lane that allows for two-way traffic in a southern section of the canal near to…
UAE carriers Etihad Airways and flydubai have canceled flights to Tel Aviv, joining American and European airlines in avoiding Israel due to escalating…
An international marketing campaign for the “Made in Saudi” initiative will soon hit global markets and last till the end of Q2 2022, official information…
Megaprojects launched under Saudi Arabia’s national plan for transformation, dubbed “Vision 2030”, are increasingly driving world trade associations to expand…
The World Bank revealed in a recent report that the US and the Gulf countries, namely UAE and Saudi Arabia, are among the top countries in terms of worker…
The intensifying Israeli-Palestinian violence in Gaza could have a negative impact on Israel’s sovereign credit rating, Fitch warned on Thursday. According…
Minister of Petroleum and Mineral Resources Tarek al-Mulla revealed Wednesday that filling stations of gas-powered cars are planned to rise from 306 to 1,000…
ADNOC Distribution, the UAE's largest fuel retailer, said on Wednesday that it will join the Morgan Stanley Capital International (MSCI) Emerging Markets index…
The Foreign Investment Promotion Agency (FIPA-Tunisia) has revealed a 31 percent drop in foreign investments during the first quarter of 2021 compared to the…
Chevron has shut down the Tamar natural gas platform off the Israeli coast at the instruction of the country's energy ministry, the company said on Wednesday,…