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…
Asyad Group has inaugurated the first shipping line between the ports of the Sultanate and Umm Qasr port in Iraq. The group made the announcement in a…
The Iranian rial fell to a new low against the US dollar on Saturday as the economy reels under pressure from the COVID-19 pandemic and US sanctions. The…
Egypt's annual urban consumer price inflation increased to 3.7% in September from 3.4% in August, the country's statistics agency CAPMAS said on Saturday. …
South Sudan’s cabinet agreed on Friday to change the country’s currency in order to improve the economy, the government spokesman said, without giving further…
The Islamic Corporation for the Development of the Private Sector, (ICD), a multilateral development financial institution and the private sector arm of the…
Credit rating agency Moody's confirmed on Friday its Aaa rating to Saudi Arabia’s domestic Sukuk issuance program. Finance Minister Mohammed al-Jadaan said:…
Turkey's central bank raised the interest rate in its lira swap operation to 11.75% from 10.25% on Friday, continuing additional tightening steps in the face…
Samsung Electronics Co Ltd said its third-quarter profit likely jumped 58% to the highest in two years, beating analysts’ estimates as US restrictions on China…
Saudi Mohammed Al-Tuwaijri has withdrawn from the race for the position of Director-General of the World Trade Organization (WTO), while the two finalists for…
OPEC Secretary General Mohammad Barkindo said on Thursday the worst was over for the oil market, following a price and demand collapse this year due to the…
Turkey’s lira hit a record low for the second straight session on Thursday weighed by concerns over possible US sanctions and the Caucasus conflict. The…
Tourism Ministers from the Group of 20 countries, who met under Saudi Arabia’s G20 Presidency, agreed on Wednesday to foster tourism innovation and support…
Yousef Al-Benyan, Chair of the G20 Business 20 (B20) Summit this year, revealed that 25 policy recommendations and 69 action proposals have been prepared to be…
IDEX, the International Defense Exhibition and Conference organized by Abu Dhabi National Exhibition Company, ADNEC, said it signed a strategic agreement with…
Saudi Arabian supermarket retailer BinDawood Holding has priced its initial public offering at 96 riyals ($25.59) a share, the company said on Wednesday. …
Turkey’s lira touched a record low against the dollar on Wednesday, hit by investor unease over possible US sanctions, fraught ties with the European Union and…
The Saudi stock index closed on Tuesday higher by 111.66 points, at 8369.33 points, with transactions worth 11 billion riyals. The Index recorded the…
Specialists have estimated that Saudi Arabia has spent around two billion dollars on cybersecurity. The Saudi Federation for Cybersecurity, Programming and…
Nutella-maker Ferrero said on Wednesday it had reached a deal to buy Britain’s Fox’s Biscuits in a move to expand its biscuit business in Europe and take…
The Abu Dhabi Investment Office, ADIO, has signed a cooperation agreement with the Israel Export Institute, establishing the foundation for strong trade…
The sharp rise in prices of unsubsidized goods indicate the grave risks that will follow, with the Banque du Liban’s inability to continue supporting basic…
The Saudi Ministry of Environment, Water and Agriculture (MEWA) signed a Memorandum of Understanding (MoU) with the Agricultural Development Fund to boost…
Switzerland's government urged voters on Tuesday to reject a plan to hold Swiss-based companies responsible by law for human rights and environmental abuses…
The Saudi Ports Authority (Mawani) has announced the successful handover of the first terminal to Saudi Global Ports Co. (SGP), following the signing on April…