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…
Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of Omar al-Bashir, its finance minister told…
Prince Khalid bin Bandar bin Sultan bin Abdulaziz, Saudi Ambassador to the United Kingdom, launched in London on Friday the Saudi Airlines Marketing Campaign,…
Morocco’s King Mohammed VI has brought back to the forefront the project to create an industrial railway system in Morocco, after three years of stalemate. …
World food prices rose for the first time in five months in October, boosted by jumps in quotations for sugar and cereals, the United Nations food agency said…
The Emirates Group announced on Thursday its half-year results for its 2019-20 financial year. The Group revenue was AED53.3 billion (US$ 14.5 billion) for…
King Abdullah II of Jordan on Thursday approved a reshuffle in the government of Prime Minister Omar Razzaz, which saw the appointment of a former palace…
Moroccan real estate and lifestyle expo, SMAP Expo Milan 2019, received 20,000 people this year during its showing days between November 1 and 3, where 35…
Saudi Aramco has announced that it is joining the World Bank Initiative ‘Zero Routine Flaring by 2030’. The company also has a strong focus on flaring…
Lebanon’s banks are worried that a central bank deadline for compulsory capital increases is too tight as they grapple with the fallout from weeks of anti…
Competition in Egypt’s ride-hailing and tech-enabled transport market is heating up as rivals from global giant Uber to smaller local firms vie for a slice of…
Saudi Arabia’s non-oil private sector improved at the fastest pace since four years, with business conditions improving due to increased demand, according to…
The UAE inaugurated on Tuesday a military and security industrial entity, through which it aims to make the country a prominent global player in the field of…
As the Saudi Arabian Monetary Authority (SAMA) commits to its legislative role in the payments issue and the relevant technical systems, the cabinet approved…
The Saudi stock market index achieve gains of 2.4 percent in the past two days, recovering from Sunday’s drop of 1.99 percent in wake of Saudi Aramco’s…
Lebanese traders are struggling to pay for imports of everything from pasta to nappies as banks impose restrictions on lines of credit in response to concerns…
Moody's Investors Service on Tuesday downgraded Lebanon's rating to Caa2, citing the increased likelihood of a debt rescheduling it would classify as a default…
Saudi Energy Minister Prince Abdulaziz Bin Salman met on Monday with a delegation from the French Senate, headed by Senator Jean-Marie Bockel, Chairman of the…
Abu Dhabi’s Supreme Petroleum Council (SPC) announced Monday an increase in hydrocarbon reserves of 7 billion STB of oil and 58 TSCF of conventional gas,…
The value of Saudi investments in Jordan exceeded USD10 billion in various sectors, including transport, infrastructure, energy, finance and real estate, said…
Morocco's trade deficit increased to $16.25 billion at the end of September, up 2.4 percent from the same period last year. The increase was driven by a 3.1…
Saudi Arabia will host on Tuesday a three-day international conference on sustainable maritime development in Jeddah. Entitled "Sustainable Maritime…
Control specialists have called for the need to strengthen mechanisms of oversight and accountability and the implementation of governance in the Saudi public…
UAE is “over 100 percent” committed to the OPEC+ agreement to curb oil production, as the country’s production under the agreement reached about 3,000,072…
Credit rating agency Fitch has maintained its long-term rating of Turkey's economy at “BB-.” In a statement on Saturday, the agency raised its outlook for…