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…
Saudi Arabia has achieved positive results in the 2020 Mercer CFA Institute Global Pension Index survey (MCGPI), which benchmarks world retirement income…
Tunisia’s central bank warned on Tuesday that government plans to ask it to buy treasury bonds have real risks to the economy, including more pressure on…
Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has launched the Nasdaq Dubai Growth Market, a new market under the umbrella of Nasdaq…
Saudi Arabia rolled out on Tuesday a 20-program strategy designed to develop human capital in the tourism sector and with the aim to create over a million jobs…
Tokyo 2020 organizers and Japanese officials said Tuesday they may set up an infectious disease control center at next year's pandemic-postponed Games, as they…
Participants at the Future of Global Hospitality Summit said that Saudi Arabia, which currently chairs the G20, was leading great efforts with the member…
UK’s BP has announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore…
Turkey’s lira hit a record low on Tuesday and most other emerging market currencies in Europe, Middle East and Africa fell as a rise in coronavirus infections…
President of the G20 Young Entrepreneurship Alliance (YEA) Summit 2020 has affirmed that various initiatives have been prepared to be presented during meetings…
Tunisia’s tourism sector is on the brink of collapse in light of the sharp decline in revenues and arrivals due to the novel coronavirus pandemic, according to…
The Director-General of the Abu Dhabi Development Fund revealed that the fund, in cooperation with the Sudanese Government, recently implemented an aid package…
Official figures have shown that 96 percent of the world’s patents come from the countries of the G20. The figures were revealed during Saudi Arabia’s…
ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants worldwide, will showcase its portfolio of leading…
Worries over the resurgence of the coronavirus pandemic around the world weighed heavily on global stock markets on Monday with just eight days to go until the…
German business morale fell for the first time in six months in October, weighed down by companies’ concerns about rising coronavirus infection rates that are…
Saudi Arabia's energy minister said on Monday the world should be looking at all options to mitigate emissions of greenhouse gases in its fight against climate…
Saudi Arabia recorded steady growth in the localization of private-sector jobs and saw a surplus in its trade balance last August, amounting to SR18.39 billion…
Libya's National Oil Corp (NOC) said on Monday it had lifted force majeure on the El-Feel oilfield and that by doing so it had ended all the closures of…
The Turkish lira weakened to a fresh record low beyond 8.05 against the US dollar on Monday on investor unease about the central bank's decision last week to…
Saudi chairmanship of the Think 20 group (T20) and Vice President of the King Abdullah Petroleum Studies and Research Center (KAPSARC), Dr. Fahad Al-Turki…
Sudan has received the first batch of wheat of the UAE grant, amounting to 67,000 tons to be allocated to mills in Khartoum and other states, state news agency…
King Abdullah Petroleum Studies and Research Center (KAPSARC) has published the first study of its kind that analyzes regional electricity demand in the Saudi…
Saudi Basic Industries Corp (SABIC), one of world’s biggest petrochemicals firm, reported a 47% rise in third-quarter profit, beating estimates on higher sales…
Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said. …