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…
Raino Bolz quickly diversified when his tourism business in South Africa´s winelands crashed to a halt in March because of the coronavirus pandemic. He sold a…
Lebanon's central bank governor, who has been in the post since 1993, said he had no plan to resign despite rumors he would quit amid a deep financial crisis…
The UAE federal government posted a budget surplus of AED9.75b ($2.6 billion) at the end of the second quarter of 2020, and a surplus of AED7.95b ($2.1 billion…
Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of cheap renewable energy in a bid to become a…
Abu Dhabi's Etihad Airways on Monday said it would cover medical and quarantine costs for passengers if they contract the new coronavirus after travelling on…
Aluminum prices rose on Monday towards 7-month highs as stronger economic growth and demand in Europe and elsewhere raised the prospect of rising exports of…
International officials and experts stressed the importance of industrial development that is comprehensive and sustainable, which also makes use of advanced…
Saudi Arabia’s General Auditing Bureau has launched a new identity, which is aimed at developing its supervisory role and raise its professional performance to…
German industrial firms which were battered by the coronavirus-induced economic downturn expect production to increase slightly in the coming months, a survey…
The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the trade deficit value declined to $3.30 billion during the month of June 2020…
Tunisia’s annual inflation rate in August slowed to 5.4 percent from 5.7 percent in July and 5.8 percent in June, official data showed on Saturday. …
With the end of the second phase of the nomination process, Saudi Arabia’s candidate for the presidency of the World Trade Organization (WTO), Muhammad bin…
Lebanese citizens are getting accustomed to the increasing prices of the food commodities, but they believe the prices will drop with the decline in the…
Bruges mayor Dirk De fauw first realized something was desperately wrong with European tourism when on a brisk March morning he crossed the Burg square in…
The Education Ministers of the Group of 20 major economies have committed during a virtual meeting under the G20 Saudi Presidency in enabling all people to…
The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the restructuring of the…
President Xi Jinping pledged to open China’s service industries wider to foreign competitors as its first in-person trade fair since the coronavirus outbreak…
The celebrations of OPEC’s 60th Anniversary, which were originally scheduled this month in Baghdad where the Organization was founded, have been postponed. …
Saudi Arabia's ACWA Power has completed all financing agreements of the 900MW fifth phase of Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The Dubai…
More people are returning to work in London, data showed on Friday, an encouraging sign for Prime Minister Boris Johnson who has urged Britons to start…
The Saudi Ministry of Investment said it has issued more than 500 licenses for foreign investment during the first half of 2020, despite the repercussions of…
The Kingdom of Saudi Arabia has confirmed that its strategic projects for economic development and diversification remain in motion and that the coronavirus…
Beirut port's capacity to handle wheat and other bulk cereal imports has collapsed to about a fifth or less of its level before a massive blast smashed its…
The market share of electric cars in Europe increased during and immediately after the worst of the pandemic lockdowns, industry figures showed Thursday, even…