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…
Lebanese Finance Minister Ghazi Wazni will meet with IMF Alternative Executive Director Sami Geadah on Saturday, a finance ministry statement said on Friday,…
Lebanese consumers feeling the pinch from rising living costs amid an economic crisis are likely to be squeezed even tighter as more local pounds and less US…
Moody’s announced that the Egyptian economy was growing at a strong pace, thanks to the economic reforms adopted by the government and the central bank’s…
Saudi youth will exhibit a number of their projects that aim to positively impact the world as part of Misk Foundation Initiatives Center’s participation in…
The World Economic Forum hosted on Thursday a session on Saudi priorities in the G20 Summit, which will be held in Riyadh in November. Saudi Energy Minister…
The Middle East and North Africa session within the framework of the World Economic Forum (WEF) held in Davos witnessed distinct views on ways to address the…
Climate change issues and geopolitical dilemmas cast their effects on energy market estimates discussed at the World Economic Forum (WEF) in Davos, Switzerland…
Economic growth in the Gulf will pick up this year and next, helped by Saudi Arabia’s investment program and Expo 2020 in Dubai, although the region will…
A push by Lebanon to rein in a thriving parallel market for dollars and halt the slide of its slumping pound hit a snag on Wednesday when currency dealers…
Saudi Arabia has expected to see healthier oil prices this year due to mounting global demand. According to Reuters, Saudi Minister of Finance Mohammed al…
The Saudi Minister of Education, Dr. Hamad Al al-Sheikh, showcased Tuesday a study on future jobs, revealing that 65 percent of them don’t currently exist…
Lebanon's new government needs foreign support to help it get out of an unprecedented economic and financial crisis, the finance minister said on Wednesday. …
Circular carbon economy topped the discussions of the closing day of Think 20 (T20) Inception Conference organized by the King Abdullah Petroleum Studies and…
Abu Dhabi National Oil Company (ADNOC) and Eni have signed Monday a partnership to explore new opportunities for collaboration in carbon capture utilization…
Tunisia's National Institute of Statistics revealed that the country recorded a drop in trade in 2019, with imports declining by 9 percent compared to 2018. …
Finance Minister Mohamed Maait said Monday that the government expects economic growth to come in at 5.8 percent – 5.9 percent for the fiscal year 2019-2020. …
Sudan’s pound fell to a record low on the black market, traders said on Monday. The dollar was selling for 100 Sudanese pounds in cash transactions compared…
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down, risking reducing crude flows…
Foreign investments in Saudi Arabia saw a 54 percent increase in 2019, compared to the number of licenses issued in 2018, after registering 1,130 new…
It is a sunny day on Lebanon’s ski slopes after weeks of snowfall but, as the economic crisis bites, there is no sign of the traffic that would typically jam…
The Think 20 (T20) conference, an intellectual backbone for the G20, has kicked off in the Saudi capital Riyadh on Sunday amid calls for restructuring major…
The shares of 173 companies listed in the Saudi stock market ended their transactions of the past week on the upside with market index achieving positive gains…
Fahd Al-Turki, Vice President of the King Abdullah Petroleum Studies and Research Center (KAPSARC), said that the G20 Riyadh summit 2020 will highlight Saudi…
The UAE Cabinet has a approved a draft law amending provisions within the nation's Federal Law, a move which comes within the framework to enhance the country…