The Gulf Cooperation Council (GCC) member states took a new step toward completing the railway interconnection project by signing the project's general…
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…
Saudi Aramco has completed, through its subsidiary Aramco Overseas Company B.V. (AOC), the acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries…
Near the southern Egyptian city of Aswan, a swathe of photovoltaic solar panels spreads over an area of desert so large it is clearly visible from space. …
The Customs and Council of Saudi Chambers are expected to discuss in a meeting on Tuesday initiatives to facilitate the movement of trade and develop…
The boards of directors of the two largest banks in Saudi Arabia, in terms of capital, have announced their final decision to formally end the year's…
The International Monetary Fund (IMF) completed its second review under the precautionary and liquidity line (PLL) arrangement for Morocco equivalent to $3…
Dr. Gregory Sosnin, Vice President of the ASE Group representing the Engineering Department of Ross Atom, stressed the importance of nuclear energy as part of…
The Shura Council, or Consultative Council, in Bahrain approved Sunday an agreement between the National Oil and Gas Authority (NOGA) and Italian firm Eni for…
Early assessments of Saudi Aramco shares have begun to emerge with the oil giant’s historic listing and trading in the Saudi financial market last week. Its…
The Saudi-Omani Investment Forum, organized by the Council of Saudi Chambers (CSC) in Riyadh, discussed investment opportunities and possible economic…
Financial allocations for Kuwait's development plan of 2019-2020 amounted to $10.9 billion compared to $12.5 billion in the 2018-2019 scheme, announced Sec-Gen…
The overall economic participation of Saudis has amounted to 45.5 percent in Q3 2019, up from 45 percent in the second quarter, official figures released on…
Saudi Aramco shares gained for a third consecutive day on Sunday, rising 1.63% to 37.4 Saudi riyal ($9.97), pushing the company’s value back toward the $2…
The Sudanese government said that the annual production of gold ranges between 120-200 tons with revenues estimated at USD5 billion. It revealed that the…
The United Arab Emirates declared that 2020 will be the launchpad of preparations for the next 50 years, ahead of its milestone Golden Jubilee in 2021. The…
Participants in the two-day Arab-German Business Forum discussed means of boosting partnerships in the field of alternative energy production. They also…
Saudi Arabia wants to encourage greater localization of domestic capital and push for more foreign investment, in accordance with the recent royal order to…
Abu Dhabi Developmental Holding Company PJSC has announced signing a preliminary agreement with Wizz Air Holdings Plc to inaugurate an Abu Dhabi-based new low…
The Saudi Ministry of Transport has revealed that talks are underway with a company owned by the Chinese government to discuss linking the Arabian Gulf and the…
The G20 Development Working Group (DWG) held this week its first meeting under the Saudi G20 Presidency in Riyadh. During the two-day talks held on December…
Lebanon's caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked…
Abu Dhabi Ports announced Wednesday a further AED3.8 billion ($1 billion) expansion in Khalifa Port by 2021 as it looks to boost capacity. It will invest…
ACWA Power and the National Electric Power Company (NEPCO) in Jordan officially announced Wednesday that the 50 MW Risha Solar PV Independent Power Plant (IPP)…
Saudi Aramco achieved the $2 trillion valuation sought by Saudi leader Crown Prince Mohammed bin Salman on Thursday as the newly-listed state-owned oil company…
DP World Sokhna has recently entered into a trilateral partnership with the China State Construction Engineering Corporation (CSCEC) and the China Ocean…