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…
Michael Loginov, head of NEOM’s cyber security sector, unveiled plans to build a future-oriented economy and a new model of extraordinary livelihoods, create…
Russian Energy Minister Alexander Novak said on Thursday there was a common understanding among global oil producers that it would now no longer make sense for…
The Council of Saudi Chambers (CSC) and Hong Kong Trade Development Council (HKTDC) signed in Riyadh a memorandum of understanding (MoU). Under the deal the…
An aviation conference to be held in Jordan next month has been delayed due to the new coronavirus outbreak, the organizer said on the event's website. The…
PepsiCo has said that it seeks to invest over six billion riyals ($1.6 billion) in Saudi Arabia over the next five years. The governor of the Saudi Arabia…
The “Friends of Sudan” group promised to offer great support for the transitional government in Sudan to overcome the obstacles facing the country's…
Kuwait's parliament on Wednesday formed a committee to probe alleged corruption in a deal between the national carrier and Airbus, which last month paid…
Sustainable agriculture and global food security topped discussions during the 9th meeting of the Agricultural Chief Scientists of the G20, which was attended…
Kuwait posted a deficit of 2.3 billion Kuwaiti dinars ($7.52 billion) in the period from April 1 to the end of January, after depositing 10 percent of revenue…
The Abu Dhabi National Oil Company, ADNOC, said Wednesday that it has signed an Exclusive Seller Agreement with Xiamen Sinolook Oil Co. Ltd. at the 24th World…
As bakers in flour-stained clothes knead dough and slide trays of loaves into ovens in Sudan’s capital, a cluster of yellow-vested volunteers keep watch. …
Turkey's central bank lowered its key interest rate by 50 basis points to 10.75% as expected on Wednesday, its sixth consecutive rate cut and the smallest so…
Lebanon will invite eight firms to bid to be its financial adviser as it studies all options on its sovereign debt, a source familiar with the matter said on…
An International Monetary Fund mission will kick off its meetings in Beirut on Thursday, at the invitation of the Lebanese government, to provide technical…
Russian Energy Minister Alexander Novak and his Saudi counterpart, Prince Abdulaziz bin Salman, have discussed the situation surrounding the oil market and…
The Abu Dhabi National Oil Company, ADNOC, has said it awarded two contracts for the construction of offshore facilities for the Dalma Gas Development Project…
Lebanon's financial situation points to a likely restructuring of the country's massive debt and financial sector to preserve declining foreign currency…
The exchange rate of the dollar against the Lebanese pound in the parallel market registered on Monday an unprecedented rise in weeks, exceeding LBP 2,450. …
Saudi Arabia is currently working on adopting a standard specifications project that is consistent with its strategic trends. The project seeks raising…
The Tunisian Institute of Statistics reported that major economic indicators in Tunisia have witnessed progress at the beginning of this year, benefiting from…
Turkey's lira weakened against the dollar on Tuesday to its lowest point in regular trading since last May, as a central bank policy decision loomed and…
Saudi Arabia's crude oil exports in December 2019 were unchanged at 7.37 million barrels per day (BPD) month-on-month, official data showed on Monday. The…
Dubai port and logistics giant DP World said on Monday it would return to full state ownership and delist from the Nasdaq Dubai, in a deal worth some $2.7…
A team of IMF experts will begin consultations with the Lebanese government in Beirut on Thursday, Reuters quoted a source familiar with the matter as saying,…