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…
Saudi Authority for Industrial Cities and Technology Zones (MODON) announced Saturday signing $133 million-worth two memorandums of understandings (MoUs) with…
Saudi Aramco, the world's largest oil exporter, said on Sunday that the company will launch its initial public offering (IPO) on the Saudi Stock Exchange …
Based on a notice from The International Criminal Police Organization (INTERPOL), the Saudi Interpol warned that some shell and unlicensed firms are digitally…
A study by UK Standard Chartered Bank (SCB) has revealed that 66 countries, including 14 African states, are considered a destination for investment and…
Saudi Arabia has approved the go ahead of the initial public offering (IPO) of state oil giant Aramco, sources familiar with the matter told Reuters and Agence…
Turkey’s annual inflation is expected to have remained in single digits for a second consecutive month in October to stand at 8.6%, partly reflecting so-called…
The Saudi Arabian General Investment Authority closed on Thursday the third Future Investment Initiative (FII) with 26 deals worth USD20 billion. The …
The Turkish Central Bank has lowered its mid-point inflation forecast for end-2019 to 12 percent while keeping it unchanged at 8.2 percent for end-2020. …
International leaders have confirmed Riyadh’s ability to make the G20 summit in Saudi Arabia a success in 2020 due to the Kingdom’s potential and expertise in…
Lebanese banks reopened on Friday after remaining shut for 12 consecutive working days amid a series of new procedures imposed on clients in an effort by the…
Saudi Arabia's energy giant ACWA Power has signed a power purchase agreement (PPA) with the government of Egypt to develop, finance, construct, and operate the…
Red Sea Development Company CEO John Pagano has pledged to transform the Red Sea coast to a world-class tourist destination. There will be one million…
Brazil's President Jair Bolsonaro said Wednesday he was keen for his country to join OPEC, a move that would add the most significant new producer to the oil…
Lebanon’s political and banking crisis has put growing pressure on its 22-year-old currency peg to the US dollar and foreign funds fear a devaluation now could…
The initial public offering (IPO) for oil giant Saudi Aramco will come soon, and will be a decision taken by Crown Prince Mohammed bin Salman, the Kingdom's…
World sovereign funds officials, who participated in the Future Investment Initiative (FII) in Riyadh, said that funds were seeking to diversify their…
The first day of the Future Investment Initiative (FII), currently held in Riyadh, witnessed the signing of 23 agreements worth a total of $15 billion by…
Riyad Bank has announced on Tuesday the launch of its Digital Partnership Program and its association with a venture capital fund of SR 100 million ($ 26.6…
The Qiddiya Investment Company (QIC) and Samsung have signed an agreement to collaborate on a broad range of areas from engaging Samsung C&T for the design,…
South Sudan plans to offer 14 oil blocks to exploration companies in a licensing round by the first quarter 2020, its oil minister said on Tuesday. “We are…
Egypt’s gross domestic product (gdp) grew 5.6 percent in the July to September quarter, announced Planning Minister Hala al-Saeed. Egypt is targeting 6…
ACWA Power, a leading international developer and operator of power generation and water desalination projects, has been awarded two 125 megawatts (MW) solar…
Markets in the Middle East and Central Asia may have more to lose from a shift in global risk sentiment than other developing nations, according to an…
The third edition of the Future Investment Initiative (FII) opened in Riyadh on Tuesday under the patronage of Custodian of the Two Holy Mosques King Salman…