Egypt aims to accelerate energy projects with Libya, including gas pipeline links, refining of Libyan crude in Egypt and an electricity interconnection,…
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…
Fitch Ratings has revised the Outlook on Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at …
Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival…
France's unemployment rate rose to its highest level in two years in the third quarter, the INSEE statistics office said on Tuesday, as the euro zone's second…
Iraqi Prime Minister Mustafa al-Kadhimi held Monday a meeting with the parliamentary finance committee to discuss the proposed borrowing law and the 2021 state…
Egypt's President received on Monday Chief of the British Secret Intelligence Service (MI6) Richard Moore during which Abdul Fattah al-Sisi stressed the…
Mustafa AlKhowaildi, a petroleum engineer at Saudi Aramco, has won the Young Technical Professional of the Year award at the Abu Dhabi International Exhibition…
Algeria expects its 2021 budget deficit to reach 13.57% of gross domestic product, up from a 10.4% forecast for this year, after a 10.04% rise in public…
The OPEC+ deal on oil output cuts could be adjusted as it has been in the past if there is consensus among members of the informal producers' group, Saudi…
Startups and scale-ups in Bahrain are set to benefit from a funding boost following the launch of two new schemes that make it easier to raise capital. A…
Despite the economic crisis in Iraq and the authorities’ inability to fulfill their financial obligations, especially with regard to paying the salaries of…
European stock index futures jumped to a three-week high on Monday as a victory for US President-elect Joe Biden in the election raised hopes of better trade…
Etihad Airways on Sunday announced a few organizational changes aimed at transforming the company into a “mid-size, full-service” carrier with a “leaner,…
Opportunities have expanded for real estate refinancing in Saudi Arabia as interest rates are declining due to the repercussions of the Covid-19 pandemic. …
Saudi Arabia won a world award for empowering women in the sector of communications and information technology for the year 2020. The award was accorded to…
The General Assembly of the Standards and Metrology Institute for Islamic Countries (SMIIC) agreed to postpone the institute's elections and to extend the term…
Despite the pandemic and tourism collapse, Egypt is projecting healthy economic growth this year, even as one third of the Arab world's most populous country…
Egypt’s property exhibition, Cityscape Egypt, concluded its events on Saturday after a huge turnout of visitors wanting to seize the chance of the various…
Libya’s oil production has surged past 1 million barrels a day, national petroleum officials said on Saturday, marking an important milestone months after its…
The US Agency for International Development said it will grant $20 million to the World Food Program to purchase wheat for Sudan to alleviate shortages in the…
Turkish President Recep Tayyip Erdogan on Saturday dismissed the head of the country’s central bank following a period of high inflation and record lows for…
Egypt and South Sudan have strengthened their cooperation in the field of civil aviation. The Egyptian cabinet said that the development is part of a wider…
The GCC Chambers underlined the importance of industrial integration among member-states in the health, medical, agricultural and food industries, emphasizing…
Turkey has not done enough policy tightening to support its lira, which tumbled to another record low on Friday, and the country's FX reserves and external…
Tunisia’s Central Bank Governor Marwan Abbasi has presented “gloomy” indicators regarding the financial situation, saying that these figures were last seen in…