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…
Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade,…
In a bid to survive, airlines are desperately trying to convince a wary public that measures like mandatory face masks and hospital-grade air filters make…
French giant healthcare company Sanofi said Monday it will buy US group Principia Biopharma for $3.68 billion in a deal that will boost its research and…
The value of Morocco’s dirham strengthened by 0.84 percent against the euro and 0.30 against the US dollar, said Bank Al-Maghrib (BAM). In its weekly…
The education sector in Egypt is currently going through a major development at the technical, financial and investment levels. Last week, the Ministry of…
Mexico’s Pacific coast resort of Acapulco is putting its hopes on a return of tourists as the number of coronavirus cases drops and the violence that drove…
The Central Bank of Tunisia (BCT) predicted a sharp economic contraction in the country during Q2 of 2020, ranging between 10 and 12 percent, compared to a 2…
India´s prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion infrastructure projects to…
The Public Investment Fund (PIF) repaid a $10 billion syndicated loan facility with a group of international lenders, the fund said in a statement on Friday. …
Fitch Ratings has downgraded Bahrain's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B+' from 'BB-' in light of the impact of lower oil prices and…
Chairman of the Board of Directors of Kuwait Airways Yousef Al-Jassem confirmed that his resignation was accepted by the Finance Minister Barak Al-Shaitan,…
Oil prices were higher on Friday and on track for a second week of gains amid growing confidence that demand for fuel is starting to pick up despite the…
Sleep Comfort survived Lebanon's 15-year civil war. But nothing could have prepared the high-end family furniture business for the Beirut port blast that…
Some Turkish banks have begun charging a fee to withdraw foreign currencies in cash, bankers said on Thursday, after a slide in the lira to record lows last…
The French government's economic recovery plan, which will be unveiled later this month, will entail 3 billion euros ($3.5 billion) in aid for small- and…
Samba Financial Group on Wednesday became the first Saudi Arabian bank to be established in the Dubai International Financial Centre (DIFC). “DIFC’s legal…
The Saudi Ministry of Human Resources and Social Development launched the mrn.sa platform to document flexible work contracts between employees and employers. …
Saudi Arabia's stock exchange (TADAWUL) plans to launch an environmental, social or governance (ESG) index in cooperation with global index provider MSCI by…
Lebanon may be in line for $298 million in emergency aid after the Beirut port blast, but the more than $30 billion that some estimate it may need to rebuild…
Riyadh Global Digital Health Summit kicked off virtually on Tuesday and highlighted the need to set a roadmap for accelerating digital health innovations to…
Saudi Arabia has announced plans to host LEAP 2021, a landmark technology event to support its Vision 2030’s goals to transform the country into a diversified,…
The Turkish lira resumed its sharp fall on Wednesday on investor worries of a full-blown currency crisis and as a firm dollar made it more vulnerable to a…
Tunisia’s foreign exchange reserves have risen to DT21.5 billion, which will allow the country to cover its imports to a record period of 142 days, the Central…
The British economy has fallen into recession after official figures Wednesday showed it contracting by a record 20.4% in the second quarter as a result of…