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…
Tunisia raised fuel prices on Wednesday for the second time in a month in an effort to reduce its budget deficit. The step is one of a series of reforms…
Sudan’s annual inflation jumped to 330.78 percent in February from 304.33 percent in January, hitting the highest level in decades, said the Central Bureau of…
Saudi Arabia and Germany signed on Thursday a memorandum of understanding for cooperation in the production of clean hydrogen and the establishment of a joint…
Saudi Arabia is leading the region in the logistics market, customs clearance technology, and port operations, experts told Asharq Al-Awsat, noting that the…
Saudi Cabinet approval on Tuesday for the establishment of the Digital Government Authority (DGA) is expected to raise the kingdom’s place in the UN e…
The main Saudi stock index rose by 122.25 points at the close of trading to reach the level of 9595.45 points, with trades worth 14.6 billion riyals. The…
Egypt’s petroleum ministry announced on Wednesday a series of agreements settling all claims between Egypt, Egyptian Natural Gas Holding Company (EGAS), Union…
Europe and the United States should agree on common rules to determine how 'green' a financial investment is, France's finance minister said on Wednesday after…
Kuwait's finance minister said on Wednesday that an increase in oil revenues due to higher crude prices would not cover the Gulf state's budget obligations and…
Egypt’s economy recorded an annualized growth rate of 2% in the second quarter of its 2020-2021 fiscal year, and 1.35% in the first half of the same, Planning…
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said on Wednesday it has signed a $15 billion multi-currency revolving credit facility with a…
Saudi Arabia launched on Tuesday a package of initiatives to support investors and economic establishments operating in the Hajj and Umrah sector, which is…
Oman will reduce income tax for small and medium businesses for 2020 and 2021 and will offer long-term residency permits for foreign investors, state TV said…
Investments of Saudi Public Investment Fund (PIF), the Kingdom’s wealth fund, will support credit growth among companies in the country, ratings agency S&P…
Egypt’s Minister of Trade and Industry Nevine Gamea announced the main features of a new program of export subsidies which includes boosting national industry,…
Saudi government agencies announced a set of programs that will contribute to expanding the local labor market for women, within recent initiatives launched on…
Saudi Arabia’s main equities index closed on Monday at its highest since June 2015. Tadawul All Share Index (TASI) gained 23.29 points to close at 9,374.37…
Turkey named Salim Arda Ermut the new chief executive of its wealth fund on Tuesday in the latest in a flurry of top-level changes that began in early November…
The European Central Bank (ECB) has warned the European banks from a "severe storm" driven by bankruptcy waves, impaired loans, and bad loans of small and…
The continued terrorist attacks on oil facilities in Saudi Arabia will negatively affect the global economies that are currently suffering from the…
The International Monetary Fund (IMF) managing director approved on Monday the first review of Sudan's Staff-Monitored Program (SMP) but called for reform of a…
Dina al-Nahdi, who is a member of the board of directors at the Jeddah Chamber of Commerce and Industry, confirmed that Saudi women participation in the…
Sarah al-Suhaimi, chairperson of the Board of Directors of the Saudi Stock Exchange (Tadawul), has highlighted efforts to create a working environment that…
Shihana Alazzaz is one of the most prominent Saudi female figures. Today, she occupies a remarkable position in one of the most vital sectors in the country,…