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…
The Saudi Cabinet on Tuesday approved the granting of a license to Bank of China to operate in the Kingdom and authorized the finance minister to decide on any…
Oil prices steadied 1% higher on Wednesday, well below peaks hit in frenzied trading earlier in the day after a rocket attack by Iran on US forces in Iraq. …
The president of Mount Lebanon Trade Association, Nassib Gemayel, launched an urgent appeal to save the commercial sector from a possible collapse, warning…
Morocco will spend 115 billion dirhams ($12 billion) on water supply between 2020 and 2027 to meet increasing demand, the state news agency reported on Tuesday…
France has warned it will retaliate with the full backing of the European Union if the United States imposes tariffs on up to $2.4 billion worth of French…
The Saudi business sector focuses on bolstering partnership opportunities and trade and investment cooperation with Cyprus. A Cypriot diplomat stressed the…
Morocco’s High Commission for Planning (HCP) expects economic growth to amount to 3.3 percent in Q1 2020, exceeding the 2.5 percent growth during the same…
The Saudi business sector focuses on bolstering partnership opportunities and trade and investment cooperation with Cyprus. A Cypriot diplomat stressed the…
The Ministry of International Cooperation has started making preparations for a visit of a high-level delegation comprising executive directors of the World…
The United Arab Emirates cabinet approved on Monday the issuance of a five-year multi-entry tourist visa for all nationalities visiting the country, reported…
The upper house of Somalia’s parliament on Monday approved a new petroleum law, which aims to provide a regulatory framework that will help to attract…
Egypt’s industrial production index for transformative and extractive industries slightly increased during October, according to the Central Agency for Public…
Saudi financial authorities are considering a proposal for licensing electronic cash companies, within the framework of its regulation of payment services in…
Oil prices shot more than 2% higher on Monday, with Brent rising above $70 a barrel, after US President Donald Trump issued a threat to impose sanctions on…
Tarshid, the National Energy Services Company, and Siemens Saudi Arabia have signed a smart energy agreement to reduce 4,300 tons of CO2 emissions and support…
Egypt announced a five percent increase on Suez Canal transit tolls for dry bulk vessels and LPG carriers, compared to rates applied during 2019, taking effect…
Tunisian authorities are planning on announcing TND367 million ($131 million) worth of investments to expand three airports in the country. Carthage…
Uber has completed the acquisition of Careem, the San Francisco-headquartered company has announced, saying Careem became a wholly-owned subsidiary of Uber,…
Lebanon needs a $20 billion-$25 billion bailout including International Monetary Fund support to emerge from its financial crisis, former economy minister…
Moroccans who receive income from foreign sources are now allowed to open a hard-currency account or a convertible dirham account. Earlier, the income had to…
Turkey’s annual trade deficit almost halved in 2019, decreasing 43.54% to $31.13 billion according to the special trade system, data from the trade ministry…
Bank employees in Lebanon threatened to go on strike, rejecting what they described as organized attacks by people who claimed to be representing anti…
Oil prices soared more than four percent Friday following news that the US had killed a top Iranian general, fanning fresh fears of a conflict in the crude…
The Saudi Arabian Monetary Agency (SAMA) has prohibited combining insurance and reinsurance brokerage activities in the same company, effective immediately, it…