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 Women 20, a G20 engagement group that seeks to foster gender equality and women’s economic empowerment, stressed the importance of four recommendations…
The World Economic Forum (WEF) has recognized Saudi Aramco’s Khurais oil facility, the largest intelligent oil field in the world, as a leader in the adoption…
UAE’s Minister of Economy, Abdullah bin Touq Al Marri, has said that the peace accord between his country and Israel would open up new horizons for economic…
Bahrain’s minister of transportation and telecommunications and Israel’s minister of transportation on Tuesday discussed in a phone call cooperation in various…
Bank Leumi said on Tuesday it had signed memorandums of understanding with First Abu Dhabi Bank and Emirates NBD, hours before Israel and the United Arab…
The Saudi Stock Exchange (Tadawul) recorded on Monday the highest rate of liquidity since the 2008 global financial crisis, demonstrating local and foreign…
The Trade, Investment and Growth team within the G20 Think Tank is calling for cooperation between member states and African countries to restore global value…
Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31% in the second quarter of 2020 as property sales slowed during the…
Abu Dhabi National Oil Company said it had completed an institutional placement of 1.25 billion shares worth $1 billion (Dh3.67bn) in its distribution unit to…
The MBC Group has acquired a minority equity stake in Arabian contracting services company Al Arabia which is part of the Engineer Holding Group (EHG), a Saudi…
Aviation sector experts expressed optimism towards Saudi Arabia taking the decision to open all air, land and sea ports to citizens to travel back and forth…
Snake charmers, storytellers and crowds of tourists; the legendary Jamaa El Fna square of Morocco's Marrakesh is almost as famous for the number of visitors as…
Leading global wheat buyer Egypt has raised purchases by almost 40 percent year on year in the first two months of its buying season, with its supply ministry…
Samba Financial Group has announced the delivery of 100 furnished housing units, as part of a community-based partnership program. The announcement was made…
Iraqi Prime Minister Mustafa al-Kadhimi appointed Mustafa Ghaleb as central bank governor, state news agency INA said on Monday. INA did not provide further…
Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace…
Iran’s oil revenue slumped by more than half in the last Iranian calendar year that ended in March, relative to government forecasts for the previous year. …
Saudi Arabia's largest telecoms operator Saudi Telecom Co (STC) on Sunday said no agreement has been reached to buy a 55% stake in Vodafone Egypt, and that the…
Jordan's Capital Bank has begun due diligence on buying Lebanese Bank Audi's Iraq and Jordan units in an acquisition that will help the Jordanian bank to…
Two former British prime ministers who played crucial roles in bringing peace to Northern Ireland joined forces Sunday to urge lawmakers to reject government…
Greece has the financial flexibility to implement 6.8 billion euros ($8 billion) of tax relief measures, announced on Saturday, and the package has been agreed…
Saudi Arabian supermarket retailer BinDawood Holding set an indicative price for its initial public offering, seeking to raise as much as 2.19 billion riyals (…
Credit ratings agency Moody’s has cut Turkey’s debt ratings and said it maintained a negative outlook on the country. Moody’s Investors Services said in a…
The Turkish state banks, in cooperation with the Istanbul Gold Refinery, developed a new system to push citizens to take out their gold savings “from under the…