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…
Investments in startups have doubled in Saudi Arabia over the past year, topping the growth rate of emerging investments in the Middle East and North Africa …
South Korea’s third-biggest refiner, S-Oil, has signed a contract to supply a total of 3.1 trillion won ($2.66 billion) of refined oil products to Saudi Aramco…
Sudan hopes to cut fuel subsidies over the course of 18 months, starting as early as March, and replace them with direct cash payments to the poor, the country…
NEOM’s general plan and the phases of implementation and construction of the project will be announced within the coming two months, as the features of the new…
Morocco’s Central Bank governor has pledged to set up an unlimited refinancing mechanism for loans of youth projects. Moroccan banks will refinance small…
Egypt’s Minister of Petroleum Tarek el-Molla said that Petroleum Show (EGYPS 2020) will discuss several topics, including financing amid the current global…
Saudi Arabia’s largest telecom STC said on Wednesday it has signed a preliminary agreement to buy Vodafone’s 55% stake in Vodafone Egypt for $2.4 billion. …
Air Liquide Arabia (ALAR) on Tuesday began pumping hydrogen through its $400 million pipeline network in Saudi Arabia’s Red Sea city of Yanbu and will supply a…
OPEC wants to extend current oil output cuts until at least June, with the possibility of deeper reductions on the table if oil demand in China is…
A number of Saudi government agencies have discussed the potential to achieve efficient spending and optimal business mechanisms in the country in accordance…
International and local experts devised a road map for about 70,000 male and female students graduating from Saudi universities annually, expecting the next…
The Saudi Arabian Monetary Authority (SAMA) - the Central Bank of Saudi Arabia – has imposed capital and technical restrictions on money exchange offices in…
The International Monetary Fund estimates that Kuwait’s financing needs will amount to some USD180 billion over the next six years, according to Reuters. …
The Sharjah National Oil Corporation (SNOC) and its Italian partner ENI have announced a successful discovery of natural gas and condensate onshore at the…
Beltone Financial Holding has expected Kuwait’s oil revenues to grow by 17 percent year on year (yoy), recording KWD18.1 billion ($60 billion) in fiscal year …
Tension between Egypt and Turkey surfaced again Sunday as the industry committee at the Egyptian parliament called for annulling the free trade agreement…
Foreign capital from countries, including Germany, Spain, France, Italy, the US, Netherlands, UK and Singapore, contributes to about 55 percent of Tunisia’s…
Ghana is close to signing an agreement with Saudi Arabia banning double taxation, said Ghanaian Minister of Foreign Affairs and Regional Integration Shirley…
Egypt has unveiled two new carriers Egypt2 and Egypt3 to supply vessels with fuel, with a total investment estimated at $14 million, in the presence of the…
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al Saud said on Monday the Kingdom was closely monitoring developments in global oil markets…
Discussing financial inclusion of under-served groups and its potential for unlocking economic opportunities and enabling inclusive and robust development was…
Lebanon’s central bank said on Saturday there would be no “haircut” on deposits at banks due to the country’s financial crisis, responding to concerns voiced…
OPEC is discussing extending its oil cuts until the end of the year as the market still looks down, but the discussions are still at an early stage, Russia’s…
The Mohammed bin Rashid Al Maktoum Global Initiatives, MBRGI, has launched the "Global Coder" initiative to teach coding to five million young people from less…