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…
Saudi Arabia’s Rania Nashar, Samba Financial Group CEO, has been named in Forbes 100 most powerful women in the world for the second time. Nashar was ranked…
Dubai’s non-oil foreign trade volumes surged to 83 million tons in the first nine months of 2019, an increase of 22 percent year-on-year from 68 million tons…
After decades of hard work, self-made Lebanese chocolatier Roger Zakhour thought he would finally be able to pass a successful business to his daughter. But…
A Saudi civil committee called for establishing a government agency concerned with innovation governance to support the impact associated with productivity,…
Egypt's current account deficit narrowed to $1.382 billion from July to September 2019 from $2.012 billion in the same period a year earlier, according to…
Dozens of Lebanese protesters held a brief sit-in inside a bank in Beirut and another in the country's south on Saturday, part of their focus on banking…
The International Monetary Fund said on Friday that Turkey’s monetary policy easing had “gone too far” and called on Ankara to ensure that fiscal policy…
Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a…
With volunteer kitchens, makeshift clinics, and donation centers, Lebanon's protesters are helping their compatriots survive the worst economic crisis since…
Global stock markets moved mostly higher on Friday amid optimism that US-Chinese trade relations are improving and on early reports that online Christmas…
Lebanon's central bank governor said on Thursday "nobody knows" how much more the cost of dollars could rise on the black market as a dire crisis piles…
The Saudi Basic Industries Corporation (SABIC) has given Russia’s Angara Service a partnership opportunity to launch its business in the Saudi market. After…
China's imports of crude oil from Saudi Arabia, its largest supplier, reached a record high in November, increasing over 25 percent, compared to same period in…
The Sudanese government discussed the report of the committee studying gradually scaling back fuel subsidies in the 2020 budget, before its approval on…
Saudi Aramco said Tuesday that Goldman Sachs may stabilize its shares after a record initial public offering earlier this month. Stabilization agents…
Tim Clark will retire as the president of Emirates Airline at the end of June 2020 after more than three decades at the state-controlled business that has…
Lebanon's caretaker finance minister accused the country's banks on Tuesday of "trapping" civil servants' salaries with withdrawal limits that have fuelled…
The Saudi Ports Authority (Mawani) signed $2.4 billion build, operate, and transfer (BOT) contracts with global port operator DP World and regional port…
The Arab Petroleum Investments Corporation (APICORP) said it has agreed to two loans worth a combined $250 million with Sonatrach Petroleum Investment…
Saudi work visa increased 100 percent during 2019 to reach 1.2 million workers, at a time when the number of Saudis in the workforce continues to grow to 1.8…
Saudi Arabia and Kuwait signed an agreement to resume pumping at two major oilfields in a shared neutral zone on Tuesday. Kuwait’s Oil Minister Khaled Al…
Leaders of the retail sector in the Middle East region are scheduled to discuss the sector’s future and consumption. Retail Leaders Circle (RLC), the…
OPEC and other leading oil producers may consider easing oil output restrictions at their meeting in March, Russian Energy Minister Alexander Novak said in an…
A 20-year strategic agreement, valued at SAR760 million ($202 million) was signed on Sunday between the Saline Water Conversion Corporation (SWCC) and Bahri, a…