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…
Experts in the Saudi private sector assured the ease in which alternatives can be provided for Turkish products in the Kingdom’s market. They stressed that…
The collapse of the Iranian rial against the dollar, after the United States imposed crippling economic sanctions, has led to currency fluctuations every few…
The UAE cabinet has has approved the issuance of a federal decree-law regarding the amendments of some functions of the Central Bank of the UAE, CBUAE, and…
Dubai has announced a new 500 million dirhams ($136.14 million) stimulus package to support the local economy, taking Dubai’s total stimulus measures this year…
The Saudi Arabian Monetary Authority (SAMA) announced on Saturday its intention to release a Twenty Saudi Riyal banknote, marking Saudi Arabia's presidency of…
The first global artificial intelligence (AI) summit, held under the patronage of Saudi Crown Prince Mohammed bin Salman, concluded Thursday, with the aim of…
The International Monetary Fund on Friday said US government plans to remove Sudan from its list of state sponsors of terrorism would clear away one of the…
The World Bank (WB) has heeded Yemeni government calls on standardizing financial aid channels through the Aden-based Central Bank of Yemen, official Yemeni…
The Think 20 (T20) has underscored energy security and stability of global markets as a webinar for Task Force 10 on Sustainable Energy, Water, and Food…
Turkey’s Central Bank kept its key interest rate on hold at 10.25% on Thursday, despite market expectations for an increase that would help support the…
Russia's largest gold producer Polyus said on Thursday its giant Sukhoi Log gold deposit in Siberia is the world's biggest by reserves. Polyus and its…
Unilever reported a stronger-than-expected return to sales growth in the third quarter on Thursday led by emerging markets where it generates the bulk of its…
The Women 20 engagement group (W20) urged the leaders of the G20 to fulfill their previous promises to transform empowerment, economic and social equality into…
On a rugged hillside some 50 kilometers east of Erbil, the booming regional capital, vineyards are ripe for harvesting as a new source of income. Iraq's…
Saudi Arabia and the World Bank announced on Wednesday a long-term partnership to accelerate the use of Artificial Intelligence (AI) in developing nations in…
Egypt has unveiled new visitor facilities on the plateau outside Cairo where the Great Pyramid of Giza and the Great Sphinx are situated, the country’s most…
Abdul Latif Jameel Energy has improved its investment in the Middle East and Africa water sector with the acquisition of a major desalination services company…
The Think 20 engagement group stressed the need for the upcoming G20 summit to adopt a recommendation on strengthening social cohesion in the various stages of…
The value of global trade is set to fall by 7% to 9% in 2020 from the previous year, despite signs of a fragile rebound led by China in the third quarter, a…
The Egyptian candidate Mahmoud Mohieldin was elected unanimously to serve as the International Monetary Fund’s (IMF) executive director, as well as serve on…
The United Arab Emirates, United States and Israel announced on Tuesday the establishment of the Abraham Fund, which fulfils a commitment made in the Abraham…
Thailand’s tourist industry on Tuesday took a modest step toward reviving its coronavirus-battered fortunes by welcoming 39 visitors who flew in from Shanghai,…
The International Monetary Fund (IMF) declared Monday that Egypt is the only country in the Middle East and North Africa region that will achieve positive…
Saudi Arabia is preparing to launch its National Data and Industrial Intelligence Strategy, which was recently approved by the Custodian of the Two Holy…