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…
Istanbul’s municipality said it was hiking the price of public transport by 35% as of Monday to alleviate transport sector losses, in a move which will likely…
The International Monetary Fund (IMF) said analysis of past oil market developments revealed “a strong and sustained declining trend in the global oil demand,…
The Saudi Ministry of Transport (MoT) announced on Thursday a contract agreement with Virgin Hyperloop One (VHO). VHO will conduct a groundbreaking pre…
Oil prices edged higher on Friday after Russia said it would support a recommendation for OPEC and other producers to cut their output further amid falling…
Central Bank Governor Riad Salameh said that the current crisis was not financial and economic, but came against internal and external political backdrops. He…
World food prices rose for the fourth month running in January, boosted by jumps in quotations for vegetable oils, sugar, and wheat, the United Nations food…
Morocco and the United States have reached an agreement that opens for the first time the US market to Morocco’s raspberries. The agreement was signed…
Ahmed Alkholifey, the governor of the Saudi Arabia Monetary Authority (SAMA), stressed the need to create a strong financial system which includes a safer and…
Oil futures rose for a second day in a row on Thursday under the effect of potential OPEC+ measure to counter oil demand loss from the coronavirus outbreak. …
Morocco has unveiled a new program worth MAD6 billion (USD632 million) to develop the coastal city of Agadir. Morocco's King Mohammed VI led the signing of…
The Saudi Contractors Authority (SCA) will stage its second Future Projects Forum (FPF), the largest gathering for the building sector in the Kingdom, in…
Tunisia’s Nawara natural gas field started production on Wednesday, and it will increase national gas output by 50%, prime minister Youssef Chahed said. The…
A record 13 million tourists visited Morocco in 2019, up 5.2 percent from the previous year, official figures showed Wednesday. The number includes…
Bahrain’s economy is expected to record a 2.7 percent growth in 2020 driven by an increase in the non-oil sector which is also expected to grow 3.1 percent,…
Tunisia exported nearly 60 thousand tons of olive oil by the end of last January, most of which were sent to European markets, followed by the US, and 60 other…
Dubai International Airport, the world’s busiest airport for international travelers, handled 86.4 million passengers in 2019, dropping 3.1% from the previous…
The government of Iraq and the semi-autonomous region of Kurdistan have reached an agreement on Erbil’s contribution to the 2020 federal budget, state news…
Oil prices climbed more than 1 percent on Wednesday, boosted by news that OPEC and its producer allies are weighing further output cuts to counter a potential…
Iraq, OPEC's second-biggest oil producer, is closely monitoring the impact of China's new coronavirus on global oil demand, particularly in Asia, Iraq Oil…
Lebanon's cash-strapped authorities are struggling to decide what to do about a $1.2 billion Eurobond maturing in March but are leaning towards repayment for…
Morocco’s National Agency of Telecommunications Regulation (ANRT) has issued its decision in the dispute between telecom operators over access to the local…
Libya’s commercial seaports have been affected by the ongoing conflict in the country and their revenues have largely declined. Like many other Libyan…
The spokesman for the Russian presidency, Dmitry Peskov, said on Monday that President Vladimir Putin was closely communicating with the Saudi leadership,…
The board of the Abu Dhabi Power Corporation (ADPower), a public joint-stock company that owns most of the water and electricity assets across the Emirate, has…