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…
Copper fell on Thursday as investors skimmed off profits from a rally that may struggle to make further progress as supply fears ease and demand levels off. …
Chairman of the Suez Canal Economic Zone (SCZone) Yehia Zaki discussed with Executive Director of Dubai Ports World (DP World) in the Middle East Suhail al…
Facing resurgent virus infections, France's government is unveiling details Thursday of a 100 billion-euro ($118 billion) recovery plan aimed at creating jobs,…
Global oil demand has recovered by as much as 90% of pre-pandemic levels, Russian Energy Minister Alexander Novak said on Wednesday, adding that Moscow would…
The Abu Dhabi National Oil Company, ADNOC revealed on Tuesday that it has entered into a long-term strategic investment with accounts and entities owned and/or…
Saudi private sector specialists expected that the economic openness and the availability of promising opportunities in the Kingdom would attract Saudi…
The third edition of the Global Manufacturing and Industrialization Summit (GMIS2020) will be held virtually on September 4-5 to discuss the role of the…
Morocco’s Tanger-Med port has improved its international ranking becoming the 35th container port in the world, from its former 46th standing, according to…
Zoom Video Communications, Inc. revealed its ambitions for greater share of the Saudi market at a time when Riyadh is focused on accelerating its digital…
Egypt on Tuesday signed a 15-year, billion-euro contract with French transport operator RATP Dev to manage Cairo's third metro line, the transport ministry…
Tesla Inc said on Tuesday it plans to raise up to $5 billion through a share sale program to be conducted by Wall Street's main brokerages. The sales agents…
Germany expects the economic devastation caused by the COVID-19 pandemic to be less severe this year than originally feared, but sluggish foreign demand is…
The Saudi Capital Market Authority (CMA) announced arrangements for a new regulatory framework for foreign companies to offer their shares in the Saudi capital…
The rate of coronavirus infections in the Kingdom is gradually decreasing, while its economic impact, which some businessmen have described as “good,” is…
Most Middle East stock markets saw a significant rise recently and is expected to head for the best monthly performance since April amid growing optimism…
Saudi retailer BinDawood Holding announced on Monday its plan to sell 22.86 million shares, listing 20 percent of the company’s capital on Saudi Stock Exchange…
Saudi Investment Recycling Company (SIRC) announced the construction of the first recycling and sorting facility in Riyadh, as part of the government’s…
Egypt signed a $2 billion conventional and Islamic loan with several international and regional banks in a deal coordinated by two UAE lenders, the Finance…
The World Bank has estimated that a huge explosion at Beirut port caused as much as $4.6 billion in damage to homes and infrastructure, and the bank’s regional…
Saudi Arabia announced on Sunday the discovery of two important oil and gas fields, north of the country, in a move that would increase the flow of oil and…
Kuwait government’s need to pass a law on public debt that would enable it to borrow 20 billion dinars ($65.3billion) over 30 years “is still urgent and…
The lira hovered near record lows on Monday as data showed the Turkish economy shrank at its fastest pace in more than a decade due to the COVID-19 pandemic,…
Emirates airline has received 7.3 billion dirhams ($2 billion) from the government of Dubai as it faces a cash crunch caused by the COVID-19 pandemic,…
A senior member of Lebanon's negotiating team with the International Monetary Fund (IMF) has resigned, becoming the third to do so over deadlocked talks, a…