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…
For the past two months, Moussa has been refraining from paying his dues to one of the Lebanese banks as a response to measures by banks that prevented people…
Kuwait’s oil minister said on Sunday he hoped Kuwait and Saudi Arabia will resolve the Neutral Zone issue by the end of 2019. The two countries halted…
The European Union announced Friday that its Commission has approved new cooperation programs, worth up to €389 million, for the Kingdom of Morocco. The…
Saudi Human Resources Development Fund "Hadaf" has provided the support to the decision of Saudization, Saudi nationalization scheme, of dental profession in…
A report issued by the Research Department of HC Securities and Investment expected that the Central Bank of Egypt (CBE)’s monetary policy committee (MPC) will…
Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) are set to come together in Kuwait on Sunday, focusing on how to prop up the…
Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) after a string of shelved initial public offerings (IPOs)…
Over 9 million tourists have visited Tunisia as of December 20, 2019, setting a record for the country, announced Tourism and Handicrafts Minister Rene…
Morocco’s government internal debt reached MAD571.1 billion (USD60.1 billion) at the end of November, witnessing an increase by 4.1 percent since the beginning…
Turkey’s parliament has approved the government’s 2020 budget, which includes increased defense spending and forecasts a budget deficit of 138.9 billion lira (…
Syria’s Minister of Religious Endowments (Awqaf) Mohammad Abdul-Sattar al-Sayyed launched a campaign to confront the rising price of food and consumer goods,…
Lebanon´s unprecedented economic and financial crisis has taken a huge toll on the hospitality sector, a mainstay of the Lebanese economy, with hundreds of…
The G20 working groups discussed in Riyadh during the past two days measures to meet the needs of global infrastructure, stressing the need to mobilize private…
Samba Financial Group has launched a new credit card, designed to give its customers unlimited distinction. Samba “Unlimited” credit card provides card…
Saudi Arabia’s Public Investment Fund has launched a 4 billion riyal ($1.07 billion) fund of funds company (Jada), the Kingdom’s sovereign wealth fund (PIF)…
A recent detailed expert study revealed that the manufacturing activities in Saudi Arabia were the best stimulator of private sector growth among all other…
The shares of Saudi Aramco started influencing the performance of the Saudi stock market index on Wednesday, with trades that are most active in terms of both…
Saudi Arabia’s crude oil exports in October rose 5.8 percent to 7.06 million barrels per day (bpd), from 6.67 million bpd in the previous month, official data…
Egypt approved a plan on Wednesday to turn over an abandoned historic area under Cairo’s towering 12th-century Islamic citadel to its new sovereign wealth to…
The Saudi-South Korean Joint Committee convened in Riyadh on Wednesday under the co-chairmanship of Saudi Minister of Economy and Planning Mohammad bin Mazid…
Women may have to wait more than two centuries for equality at work, according to a report on Tuesday showing gender inequality growing in workplaces worldwide…
The Saudi Ministry of Communication and Information and the Egyptian Ministry of Communications and Information Technology signed Tuesday a memorandum of…
Saudi Arabia's General Authority for Military Industries (GAMI) announced that it has granted licenses to three new firms operating in the military industrial…
Saudi Aramco has completed, through its subsidiary Aramco Overseas Company B.V. (AOC), the acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries…