Oil prices fell at Monday's open after US President Donald Trump said he was highly unlikely to order new Iran attacks while talks to end the conflict make…
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…
Egyptian Natural Gas Holding Company (EGAS) plans to launch a global bid for gas explorations in the western Mediterranean region during H1 of 2020, an…
China’s crude oil imports from Saudi Arabia rose 76.3% in October, boosted by demand from new refiners, with the kingdom retaining its position as the top…
Algeria’s oil and gas exports fell 12.52% in the first nine months of 2019 to $25.28 billion versus $28.89 at the same period last year, customs figures showed…
The Red Sea Development Company (TRSDC) said it has awarded a contract to Binyah, a leading Saudi Arabian contractor, to begin the construction of the coastal…
Egypt's central bank governor Tarek Amer has been appointed to a second four-year term, local media reported on Monday. Business newspaper Al Mal and news…
Thirteen agreements worth USD3 billion have been signed at The Africa Investment Forum (AIF) 2019. The forum also focused on economic growth and the private…
Tunisian Finance Minister Ridha Chelghoum has expected economic growth of 2.5 percent in 2020. In a parliamentary session allocated for discussing budget…
Dubai's economy grew 2.1 percent YoY in the first half of the year, with the emirate's GDP reaching AED208.2 bn (56.6 bn dollars) at constant prices in the…
Dubai witnessed a surge in arrivals which accelerated the city’s tourism momentum with 12.08 million international overnight visitors in the first nine months…
The first joint conference between bank officials in Saudi Arabia and the United Arab Emirates (UAE) kicked off in Riyadh on Sunday, reported the Saudi Press…
Egypt is developing its advertising methods and will be promoting its tourism through digital platforms in order to keep up with the latest technological…
Saudi Arabia’s stock market rose in early trade on Sunday and was set for a sixth straight session of gains, led by banking shares, which also bolstered the…
Egypt said on Saturday it had signed several multimillion-dollar energy investment accords including a $430-million deal for Texas-based Noble Energy to pump…
Egypt said on Saturday it had signed several multimillion-dollar energy investment accords including a $430-million deal for Texas-based Noble Energy to pump…
Egyptian President Abdel Fattah El-Sisi said that “development in Africa is not the responsibility of governments alone, but requires the participation of the…
City dwellers tend to live longer if they are in leafy neighborhoods, according to a study that linked green areas to lower rates of premature death. Trees…
Saudi Aramco's initial public offering (IPO) has attracted approximately 73 billion riyals ($19.47 billion) in institutional and retail orders so far, Samba…
The national carrier of Saudi Arabia concluded on Thursday its participation at Dubai Airshow 2019, which kicked off last Sunday, November 17, at Al Maktoum…
Sudanese Finance Minister Ibrahim Elbadawi said that UAE investments in the African country have touched on seven billion dollars. Elbadawi, after receiving…
UAE-based global aviation company Emirates announced that it has signed a full purchase agreement for 30 Boeing 787-9 aircraft, worth US$ 8.8 billion, at the…
China’s MSA Capital and Al Salam Bank-Bahrain SALAM.BH launched a $50 million venture capital fund on Wednesday, using Bahrain as a hub to invest in sectors…
The chairman of Turkey’s Foreign Economic Relations Board (DEIK), Nail Olpak, said that Turkish investors aim to significantly increase the volume of trade…
The Federal Reserve is hoping that its latest interest-rate cut will help keep the economy safely at cruising altitude. But don’t expect it to provide much of…
Algerian state energy firm Sonatrach has renewed a gas export contract with France's Engie, it said on Tuesday, a few days after Kamel Eddine Chikhi was…