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…
The headline seasonally adjusted IHS Markit Egypt PMI rose from 49.4 in August to 50.4 in September, signaling an improvement during the latest survey period. …
The Dubai World Trade Center (DWTCA) signed an agreement with the Israel Export Institute (IEI) on Monday to cooperate in facilitating the participation of…
Algeria’s government plans to set up a company for domestic air transport to ease pressure on state carrier Air Algerie which will focus on international…
Oman's Ministry of Energy and Minerals has signed a new agreement with Swedish Maha Energy for oil exploration. In a statement, the ministry said Mohammed…
The Saudi Ministry of Investment and King Abdullah Economic City (KAEC) signed on Sunday a memorandum of understanding (MoU). The MoU aims at bolstering…
Fintech Saudi announced on Sunday the launching of a three-month innovation and entrepreneurship program to support the Kingdom’s financial technology industry…
A private infinity pool, gourmet meals -- and two temperature checks a day. Welcome to five-star quarantine in Thailand, where well-heeled tourists can live in…
Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which…
The Arab Petroleum Investments Corporation (APICORP) has signed an agreement with Shuaa Energy 3 P.S.C sponsored by Dubai Electricity and Water Authority …
Kuwait’s stock market rebounded on Sunday, with financial shares leading broad-based gains as it reopened after a two session break following the death of the…
The Saudi Arabian Monetary Authority (SAMA) announced on Sunday its plan to release a five-riyal denomination of the Saudi currency made of polymer during the…
The Saudi Ministry of Finance is planning to include 79 entities in the treasury in 2021, as officials finalize the last phase of establishing the independent…
Saudi Energy Minister Prince Abdulaziz bin Salman discussed with Japanese Foreign Minister Toshimitsu Motegi possible ways to boost bilateral ties especially…
The Saudi Space Commission said it is organizing the first meeting of space agency leaders that belong to G20 countries. The meeting, hosted by the G20…
Saudi Arabia has given new impetus to real estate activities in the country by exempting real estate transactions from a 15% value-added tax and instead…
News that US President Donald Trump and his wife Melania had tested positive for the coronavirus rocked global markets Friday, stoking uncertainty in the world…
Lebanon's Central Bank Gov. Riad Salameh said in statements on Thursday that the economy is suffering from major problems with the complete absence of any…
Prince Faisal bin Salman, Governor of Madinah, launched on Thursday a package of development and service projects in the Yanbu governorate worth more than 3…
Much-needed revenues from foreign tourists collapsed in Spain this year as the coronavirus pandemic pushed many holiday makers to stay at home, further…
Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will add to its…
Figures of the Central Bank of Tunisia (BCT) showed that Tunisia's foreign exchange reserves are now TND21.219 billion (USD7.8 billion), equivalent to 141 days…
Amazon said Thursday that nearly 20,000 of its front-line US workers have tested positive or been presumed positive for the virus that causes COVID-19. But…
Custodian of the Two Holy Mosques King Salman bin Abdulaziz issued on Friday an order exempting real estate deals from a 15% value-added tax (VAT) and imposed…
The Saudi Ministry of Finance announced on Wednesday the estimated budget for the 2021 fiscal year, with expected general revenues of 846 billion riyals (USA…