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…
Finance officials from the Group of 20 major economies vowed on Saturday to continue using “all available policy tools” to fight the coronavirus pandemic and…
The United States announced its full support for a project linking electricity networks between the Gulf Cooperation Council states and Iraq. The State…
Farmers in India have planted 69.2 million hectares with summer crops, up 21.2% from this time a year earlier, according to the Ministry of Agriculture &…
A number of Saudi ministers have voiced their support for the Kingdom’s candidate, Mohammad Al-Tuwaijri’s run to become the next director general of the World…
Saudi Arabia's candidate to be the next director general of the World Trade Organization, Mohammad Al-Tuwaijri, said on Friday that the organization was in a…
As Saudi Arabia’s candidate for the presidency of the largest international trade organization - is expected to unveil his program, the Moldovan and South…
Oil prices slipped on Friday amid growing uncertainty about the recovery in fuel demand as COVID-19 cases surged in several countries. This came as while…
Lebanon's financial adviser Lazard will see if a government financial rescue plan can be adjusted to reach a compromise workable for the International Monetary…
Indonesia's oil and gas lifting in the first half of this year was lower than targeted as the coronavirus pandemic continued to dampen demand, the chairman of…
The Saudi General Authority for Foreign Trade said it is working on 13 initiatives focused on supporting the Kingdom’s sectors within the framework of boosting…
Saudi Energy Minister Prince Abdulaziz bin Salman revealed that further cooperation between oil producing countries could lead to the extension of the OPEC+…
Lebanon's Central Bank (BDL) has set up a committee to restructure financially stricken commercial banks and study their performance, according to a memo by…
Finance Ministers and Central Bank Governors from the Group of 20 major economies are set to hold a virtual meeting on Saturday to discuss global economic…
The race over the leadership of the World Trade Organization (WTO) was launched on Wednesday in Geneva, with agendas highlighting the criteria of “strong…
Sudan’s Wadi Halfa River Port, which borders Egypt, started receiving Egyptian imports on Wednesday through units and river barges transported between the…
Official figures show that the British government's salary support scheme is continuing to maintain employment levels in the country during the coronavirus…
Turkish state banks have doubled their short foreign currency positions in six weeks to $8.3 billion to help defend the lira, their largest direct intervention…
Gold prices held steady near a nine-year peak on Thursday, as concerns over rising coronavirus cases and simmering US-China tensions offset some silver linings…
OPEC and allies such as Russia agreed on Wednesday to ease record oil supply curbs from August as the global economy slowly recovers from the coronavirus…
The Maldives reopened its tourist resorts Wednesday and welcomed its first international flight in more than three months even as the Indian Ocean holiday…
Saudi Arabia's candidate for the post of Director General of the World Trade Organization (WTO), Advisor at the Royal Court Mohammed bin Mazyad Al-Tuwaijiri…
The European Bank for Reconstruction and Development has approved a request by Algeria to become a member of the multilateral financial institution, the Bank…
Home rental firm Airbnb Inc said on Tuesday its guests have booked more than 1 million nights globally on July 8, offering an early sign of recovery after a…
The Saudi Real Estate Refinance Company (SRC), a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), revealed that nearly 40 percent of new mortgages in…