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…
Algeria named a new central bank governor on Sunday. President Abdelmadjid Tebboune said in a televised interview that Rosthom Fadli will replace Ayman Ben…
The Saudi Local Content and Government Procurement Authority (LCGPA) launched an additional price preference initiative to support 208 national products in the…
Yemen’s first GSM Network operator, Sabafon, announced that it will officially relocate its headquarters from Houthi-held Sanaa to the war-torn country’s…
Talks to merge two Saudi petrochemical companies, which had been frozen for nearly 10 years, have resumed. Saudi Industrial Investment Group (SIIG) and the…
The Turkish lira plumbed more record lows on Monday, touching 7.6 against the dollar, as expectations grew that the central bank would keep its key interest…
Britain plans to buttress the City of London's global competitiveness and openness once it moves outside the European Union with new financial services sector…
The Financial Stability Board’s Regional Consultative Group for the Middle East and North Africa has held its 18th meeting via videoconference to discuss…
Dubai conglomerate Al Habtoor Group is to open a representative office in Israel, it said on Sunday. The United Arab Emirates and Israel last week agreed to…
Workers at Libya’s major Sharara field have restarted operations, two engineers working there said, after National Oil Corporation (NOC) announced a partial…
Egypt kicked off its preparations for the Cairo Water Week' third edition, which will be held under the slogan "Water Security for Peace and Development in…
The Saudi Center for Corporate Social Responsibility has launched a strategic partnership with the National Commercial Bank (NCB) and with the support of the…
Saudi Arabia's Mohammad Al-Tuwaijri bidding to become the next director-general of the World Trade Organization advanced to the second round of the selection…
The Saudi capital has jumped 18 ranks to finish 53rd out of a total of 109 cities in the world list of smart cities, surpassing global hubs. Singapore,…
The G20 Environment Ministers held talks over strengthening policy cooperation towards the reduction of land degradation and habitat loss, and the conservation…
Full compliance with agreed oil output cuts remains the core of OPEC's collective efforts, Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman stressed…
Equitable and affordable access to vaccines for all is key to overcoming the coronavirus pandemic and supporting the global economic recovery, the G20 Finance…
The Dubai and Israeli diamond exchanges announced Thursday they had struck an agreement to boost trade, just days after Israel signed agreements with the…
The first female real estate office was inaugurated on Wednesday in Saudi Arabia, reflecting the Saudi leadership’s endeavor to empower Saudi women in line…
The Saudi candidate for the presidency of the World Trade Organization, Mohammad al-Tuwaijri, said the WTO was in paralysis and needed a pragmatic new director…
General Secretary of Saudi Estate Contributions Commission (Tasfiah) revealed that a contribution land has been sold for SAR1.937 billion in the largest real…
The Italian oil company Eni revealed a new gas discovery in Egypt's Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional…
Saudi investment firm SALIC said on Wednesday it had increased its stake in Brazilian meat company Minerva Foods to 33.83% from 25.5%. SALIC, the Saudi…
The state-run Abu Dhabi Investment Office (ADIO) is to open its first office outside the United Arab Emirates in Tel Aviv, the Abu Dhabi Media Office said on…
Dubai-based port operator DP World and Dubai Customs will be exploring opportunities to develop trade links between Israel and the UAE, following the signing…